Carter Jonas appointed to advise the Defence Infrastructure Organisation at Catterick Garrison Jun 13, 2023 National property consultancy Carter Jonas has been instructed by the Defence Infrastructure Organisation (DIO) to advise on the delivery of the regeneration of Catterick Garrison town centre. Catterick Garrison has grown to be the largest Army base in the UK and requires an area for people to gather and spend their leisure time. The need […] Posted by: Mya Driver Read more
Major new housing developments on horizon as approvals rise Jun 13, 2023 While the housing market is suffering a slowdown right now, the prospects for major new housing developments have brightened spectacularly in recent months. Detailed planning approvals for large new housing developments – which are typically in urban areas and involve over 250 homes/flats – were worth £3,952 million in the three months to April, more […] Posted by: Mya Driver Read more
Tilbury Douglas renews place on the NEPO Framework Jun 13, 2023 Tilbury Douglas has renewed its place on procurement group NEPO’s next-generation construction framework, which works with councils and public bodies. Tilbury Douglas has been appointed onto four lots: NEPO’s procurement solutions are the result of extensive consultation with the public sector, suppliers and end users, so that it delivers positive outcomes for the communities it […] Posted by: Mya Driver Read more
Work begins to demolish Highways tower blocks paving way for future development Jun 12, 2023 Demolition of the Highways tower blocks and maisonettes in Killingbeck has begun this week, marking the first step towards the development of new social housing on the site Following positive engagement work with the few remaining tenants on site, the flats and maisonettes are now vacant allowing for the demolition work to start. Connell Brothers […] Posted by: Mya Driver Read more
LXi REIT – Profitable Disposal Jun 12, 2023 The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to announce that the Company has sold a retail park in St Albans (“the Property”) to a UK institution for £31 million, equating to a net initial yield of 4.7%. The Property is let to B&Q (62% of […] Posted by: Mya Driver Read more
Statement from Mayor of Greater Manchester on the Department for Transport announcement of £18m extra funding for Greater Manchester Jun 12, 2023 Mayor of Greater Manchester Andy Burnham has today (Friday 9 June) issued the following statement on the Department for Transport announcement of £18m extra funding for Greater Manchester transport: Mayor of Greater Manchester Andy Burnham said:“Any extra support for our public transport system as it recovers from the pandemic is of course welcome and we […] Posted by: Mya Driver Read more
Strong partnership culture drives record annual revenues Jun 12, 2023 Results overview William Beardmore-Gray, Senior Partner and Group Chair, Knight Frank, said: “Commercial and residential property markets around the world have been challenged by rising inflation and interest rates, but I am proud to report strong revenues for Knight Frank within a robust set of results overall. “Capital markets, leasing activity and residential sales have […] Posted by: Mya Driver Read more
Disposal of Retail Property Jun 12, 2023 Custodian Property Income REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the UK, is pleased to announce the disposal of a high street retail unit in Cirencester at auction for £0.72m, in line with the 31 March 2023 valuation. Commenting on […] Posted by: Mya Driver Read more
Public engagement on Local Development Plan 2 to start Jun 9, 2023 People in East Lothian are being given an opportunity to have their say in response to consultations focused on plans to support the council’s vision of an even more prosperous, safe and sustainable county, with a dynamic and thriving economy that enables people and communities to flourish. A series of joint consultation events on related […] Posted by: Mya Driver Read more
Maslow Capital completes fund raise focused on supporting SME developers with industry leading rates Jun 9, 2023 Maslow Capital has successfully completed a fund-raise which is specifically focused on supporting SME developers. The institutionally backed fund will allow Maslow to provide industry-leading rates on loans between £10m and £35m. Amidst the backdrop of the Bank of England’s twelfth consecutive interest rate hike, Maslow is intensifying its support for small and medium-sized enterprise housebuilders […] Posted by: Mya Driver Read more
