Acorn Homes secures £5.9m Paragon funding for development Jun 15, 2023 Acorn Homes has secured a £5.9 million finance facility from Paragon Bank’s Development Finance division to support the development of 44 new apartments in Taunton, Somerset. The Firepool scheme is located on the Firepool Lock regeneration site and consists of 21 one-bed, 17 two-bed and six three-bed apartments. Work has commenced on the development and […] Posted by: Mya Driver Read more
Wealth Club launches new investment range Jun 15, 2023 Seccl, the Octopus-owned embedded investment platform, is supporting the launch of a new investment range for Wealth Club, the UK’s largest investment service for experienced investors. Founded in 2016 by former Hargreaves Lansdown director and shareholder Alex Davies, Wealth Club boasts over 50,000 members and 11,000 active investors, who have collectively invested more than £1.1 […] Posted by: Mya Driver Read more
Reserved matters application submitted for Risca later living scheme Jun 15, 2023 A ‘reserved matters’ application has been submitted by Caerphilly County Borough Council for an innovative new later living scheme on the site of the former Ty Darran care home, Risca. Outline planning has already been granted for the development and work begun to prepare the site. When completed, the new development will be used to […] Posted by: Mya Driver Read more
New £800 million Construction Framework Will Deliver Infrastructure Ambitions Jun 15, 2023 NEPO has launched a new £800m Construction Framework to deliver the North East and UK’s infrastructure ambitions. To ensure that it meets the needs of buyers, the Framework has been developed through extensive market engagement with regional and national suppliers. The Framework will run until June 2027, bringing certainty to public sector buyers. It includes […] Posted by: Mya Driver Read more
Custodian Property Income REIT results year ended 31 March 2023 Jun 15, 2023 Custodian Property Income REIT (LSE: CREI), which seeks to deliver an enhanced income return by investing in a diversified portfolio of smaller regional, core/core-plus properties across the UK, today announces its final results for the year ended 31 March 2023. Commenting on the final results, David Hunter, Chairman of Custodian Property Income REIT, said: “Our […] Posted by: Mya Driver Read more
Shakespeare Martineau advises Capreon on a £164 million acquisition Jun 14, 2023 Imperial Retail Park, covers a total of 32,200m2 and is the largest retail and leisure destination in South Bristol. The scheme is anchored by B&Q, The Range, HomeSense, M&S Foodhall, Next and Boots, and is currently 97% let. Fife Central Retail Park, acquired in 2005, covers a total of 30,200m2, is 95% let and anchored […] Posted by: Mya Driver Read more
Sutton Council to revamp town centre Jun 14, 2023 The transformation of Sutton Town Centre took another step forward today as the Council announced its latest plans for the high street. The proposals, which will be considered by the Council’s Strategy and Resources Committee on Monday 19 June, include: 246-254 High Street, which the Council bought in February, will be completely renovated and extended […] Posted by: Mya Driver Read more
Harwell secures £300m new funding Jun 14, 2023 Harwell Science and Innovation Campus has secured £300m of financing to help it expand and build out new laboratory, advanced manufacturing, and office space. Over the next two years Harwell will use the additional funding secured to build 440,000 sq. ft of new Laboratory and R&D buildings across the campus. The finance facility was secured […] Posted by: Mya Driver Read more
Rolls-Royce Submarines to expand site in Derby Jun 14, 2023 Rolls-Royce today announced it plans to almost double the size of its Raynesway site, creating hundreds of new jobs in Derby. Funded by the MoD, the site development is required to meet the growth in demand from the Royal Navy and as a result of the recent AUKUS announcement. In March 2023 it was confirmed […] Posted by: Mya Driver Read more
Chancerygate to deliver £27m, 105,000 sq ft urban logistics development Jun 14, 2023 Developer Chancerygate has acquired a 4.59 acre site in Southwater near Horsham, West Sussex, to speculatively build 105,000 sq ft of Grade A urban logistics and industrial space. The site, which was formerly a manufacturing and logistics hub for global electronics manufacturers, Sony, is located at Southwater Business Park approximately four miles south of Horsham. […] Posted by: Mya Driver Read more