Ares European Real Estate Debt Provides £300 Million Senior Debt Facility to Refinance Portfolio of Central London Assets Jun 23, 2023 Ares Management Corporation announced today that its European Real Estate Debt team has closed on a £300 million senior loan to refinance a portfolio comprised of two marquee central London assets. Located in the heart of New Bond Street, 21-23 New Bond Street is ideally positioned among the main shopping strip of major international luxury […] Posted by: Mya Driver Read more
Brookfield developments given the go ahead Jun 23, 2023 Broxbourne Borough and Hertfordshire County Councils, along with their development partner, Sovereign Peveril, are delighted to announce that it has been agreed to grant planning permission for the Brookfield Riverside and Brookfield Garden Village developments. At a meeting of the Planning and Regulatory Committee on Tuesday 20 June, it was agreed to approve the proposals. […] Posted by: Mya Driver Read more
Plans to transform former Kellogg’s HQ site into residential-led, mixed-use neighbourhood get go-ahead Jun 23, 2023 A new Village Green sits at the heart of the development, creating a focal point for key buildings to front onto. Generous boulevards leading to the Village Green form new pedestrian routes through the site, improving connectivity between the existing neighbourhoods and the Metrolink tram station adjacent to the site.The Village Green is complemented by […] Posted by: Mya Driver Read more
Ward Group Investments Finalizes Significant Property Purchase in Durham Jun 23, 2023 The expanding property firm, Ward Group Investments, has successfully carried out a significant acquisition in Durham. Under the leadership of entrepreneur Andrew Ward, Ward Group Investments has acquired four buildings in the Bowburn North Industrial Estate, which were previously listed for £4.5m. These buildings, providing a total workspace of 200,343 sq ft, are conveniently located […] Posted by: Mya Driver Read more
Building back greener: updated Mayfield plans promise a sustainable office district for Manchester Jun 22, 2023 The Mayfield Partnership, a collaboration between Landsec U+I (the regeneration arm of Landsec), Manchester City Council, Transport for Greater Manchester and LCR, today reveals for the first-time updated plans for a more environmentally friendly future for Manchester. New plans for the transformational Mayfield neighbourhood reflect the shift towards premium, sustainable office space in the very […] Posted by: Mya Driver Read more
Newcastle-under-Lyme could see the construction of over 5,000 Homes Jun 22, 2023 Newcastle Could See Approximately 5,400 Homes Built Across Over 40 Sites in the Next Two Decades Pending Approval of New Plans The most substantial single site designated for housing is the Keele golf course, with plans for approximately 900 homes. Land at Red Street and High Carr Farm in Chesterton is proposed for about 750 […] Posted by: Mya Driver Read more
Vision for ID Manchester to be unveiled in new Strategic Regeneration Framework Jun 22, 2023 A strategic regeneration framework (SRF) for The University of Manchester’s former North Campus has been put forward to Manchester City Council, outlining the future of the trailblazing new, £1.7bn city centre district, ID Manchester, by its joint venture (JV) partners, Bruntwood SciTech and The University of Manchester. The framework sets out a vision for ID […] Posted by: Mya Driver Read more
Church Commissioners for England to exclude oil and gas companies over failure to align with climate goals Jun 22, 2023 The Church Commissioners for England, which manages the Church of England’s £10.3bn endowment fund, has decided to exclude all remaining oil and gas majors from its portfolio, and will exclude all other companies primarily engaged in the exploration, production and refining of oil or gas, unless they are in genuine alignment with a 1.5°C pathway, by […] Posted by: Mya Driver Read more
Sidra Purchases London Square for £40m Jun 22, 2023 Sidra Capital, a Saudi Arabian alternative asset management firm, has confirmed its acquisition of London Square, a multi-tenant office building in Guildford. The purchase, which cost just over 40 million pounds was made from M&G Real Estate. The property covers 133,290 square feet, includes three buildings, and provides 313 parking spaces. London Square is a […] Posted by: Mya Driver Read more
Greystar acquires BtR site in Stratford Jun 22, 2023 Greystar and Lifestory have exchanged contracts on an attractive BTR scheme, Stratford Mill, for £20 million. Consisting of 245 units, the site is located adjacent to Pudding Mill Lane station and benefits from excellent transport links into central London. Construction on site is due to commence in the second quarter of 2024, with completion anticipated […] Posted by: Mya Driver Read more