UK BTR investment exceeds £1.1bn in Q1 as rental demand soars Apr 12, 2023 BNP Paribas Real Estate initial data has revealed that investment into UK Build-To-Rent has exceeded £1.1bn so far in Q1 2023, demonstrating the investor appetite for opportunities across the sector as rental demand increases amid first time buyer affordability challenges, which have been further exacerbated by the likes of the removal of Help-to-Buy and the […] Posted by: Mya Driver Read more
Midlands Engine partner with UKREiiF 2023 Apr 6, 2023 The Midlands Engine Partnership have announced their involvement with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May in Leeds. Pan-regional partnership, Midlands Engine act as a focal point and unifying force to accelerate growth by enabling economic transformation and promoting the region at home and […] Posted by: Mya Driver Read more
North Wales County Council approves plan to build 1,000 new homes Apr 6, 2023 The Isle of Anglesey County Council is committed to working with partners to build more than 1,000 new homes to help meet local demand. Plans to increase the Council’s housing stock from 4,000 to over 5,000 homes are included in the Housing Revenue Account Business Plan 2023-2053, which was approved by Executive members earlier this […] Posted by: Mya Driver Read more
Outline planning application approved for 8,500 homes Apr 6, 2023 Folkestone & Hythe District Council’s Planning and Licensing Committee has resolved to grant outline planning permission for Otterpool Park, a new 8,500 home garden town near Folkestone in Kent. The transformative development, led by master developer Otterpool Park LLP on behalf of Folkestone & Hythe District Council, supported by planning and development specialists Quod, Arcadis, […] Posted by: Mya Driver Read more
Green light for 210 new homes in Shepshed Apr 6, 2023 Approval has been granted by Charnwood Borough Council for the creation of 210 new homes in the Leicestershire town of Shepshed. The development – known as Jubilee Rise – will be delivered by Persimmon Homes North Midlands. Bringing a mix of new homes to the area, the community will help to meet local housing […] Posted by: Mya Driver Read more
£100m green funding secured by Bruntwood SciTech to accelerate new developments Apr 6, 2023 Bruntwood SciTech, the UK’s leading property provider dedicated to the growth of the science and technology sector, has secured an additional £100m as part of its financing facilities from HSBC UK, Lloyds Bank, NatWest, and Santander UK. The funding will enable the Joint Venture between Bruntwood and Legal & General to continue with its expansion plans at pace to […] Posted by: Mya Driver Read more
Rolls-Royce SMR design progresses to next step of Generic Design Assessment Apr 5, 2023 The Office for Nuclear Regulation (ONR), the Environment Agency and Natural Resources Wales (NRW) announced today that they are progressing to the next phase of their assessment of Rolls-Royce SMR Ltd’s 470 MW Small Modular Reactor (SMR) design. The process, known as Generic Design Assessment (GDA), allows the regulators to begin assessing the safety, security, […] Posted by: Mya Driver Read more
Cheyne Capital Real Estate Lends £150m to Finance Office Site in the City of London Apr 5, 2023 Global alternative asset manager Cheyne Capital Management (UK) LLP (“Cheyne Capital”), today announced that it has provided a £150 million senior loan to a joint venture between Castleforge, the UK-based private real estate investor, and its Malaysian partner, Gamuda Berhad. The loan will be used to fund the acquisition of Winchester House, a 317,000 sq […] Posted by: Mya Driver Read more
The first phase of 2,400-home community in Coventry sold to Countryside Partnerships Apr 5, 2023 Land which will deliver the first phase of a vibrant new 2,400-home community in Coventry has been sold to Countryside Partnerships, the UK’s leading mixed tenure developer. Warwickshire-based land, development and property agency Newton LDP has completed the sale of the 31-acre site on behalf of its clients. The parcel of land on Pickford Green […] Posted by: Mya Driver Read more
UKCM captures significant reversion with three new lettings as occupier demand remains robust Apr 5, 2023 UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM) announces that it has secured new leases across three separate assets at a combined weighted premium of 40% to previous passing rent, reflecting continued strong occupier demand for high quality industrial and retail warehouse space. Webcon, a supplier of car parts, has […] Posted by: Mya Driver Read more
