Approval Granted for New 60-Bed Care Home in Corstorphine, Edinburgh Oct 31, 2024 A new 60-bed care home has received planning approval for a prominent gap site at the corner of St Johns Road and Manse Road in Corstorphine, Edinburgh. Proposed by Northcare Scotland and Unum Partnership, this project marks an important step in addressing Edinburgh’s care needs and enhancing a vacant space within the Corstorphine Conservation Area. […] Posted by: Mya Driver Read more
PPHE Hotel Group Announces Strong Revenue Growth and Strategic Advancements Amidst New Openings Oct 31, 2024 PPHE Hotel Group, the international hospitality real estate group that develops, owns, and operates hotels and resorts, is pleased to announce a positive trading update for the third quarter ended 30 September 2024. Q3 Financial Highlights Regional Performance Overview In the UK and the Netherlands, PPHE’s hotels maintained stable performances, driven by steady occupancy increases […] Posted by: Mya Driver Read more
Custodian Property Income REIT sells office unit at 33% premium to valuation Oct 31, 2024 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 vacant office unit in Solihull for £1.4m, representing a 33% premium to the 30 June 2024 valuation. Commenting on the […] Posted by: Mya Driver Read more
Landmark agreement brings Hilton Hotel to St Helens Town Centre Oct 31, 2024 St Helens Borough Council and ECF have signed a franchise agreement with Hilton, the leading global hospitality company, for a new 120-guest room Hampton by Hilton St Helens hotel. ECF, a partnership between Homes England, Legal & General and Muse, is delivering the project with the Council as part of a once-in-a-lifetime regeneration programme now […] Posted by: Mya Driver Read more
Firethorn Trust secures Grosvenor financing for York hotel Oct 31, 2024 Firethorn Trust, a UK real estate investor, developer, and asset manager, has secured an £18m debt package with Grosvenor. This financing will support Firethorn’s investment in the luxury Malmaison York hotel, which it acquired in June 2024. With 150 luxury guest rooms, a rooftop sky bar with panoramic views across the city, ‘Work + Play’ […] Posted by: Mya Driver Read more
Treasury approval for Liverpool Waters’ £56m brownfield housing boost Oct 30, 2024 A £56m investment by Homes England to speed up the regeneration of a major brownfield site within Liverpool Waters and bring life back to the city’s historic northern docklands, has been given final approval by HM Treasury. The funding will support the creation of a new public park and vital infrastructure that will accommodate approximately […] Posted by: Mya Driver Read more
Dominus and Cheyne Capital Secure Planning Approval for Landmark Student Redevelopment in London Oct 30, 2024 Dominus and Cheyne Capital have announced that they have received planning approval for the redevelopment of 65 Fleet Street in London. This student accommodation-led, mixed-use project will transform the former office building, once occupied by the law firm Freshfields Bruckhaus Deringer, into a vibrant urban space that celebrates the historic character of Fleet Street while […] Posted by: Mya Driver Read more
United Living Group acquires PiLON Oct 30, 2024 United Living Group, the provider of infrastructure, affordable housing, property services, and telecoms, is pleased to announce the acquisition of PiLON, a leading property services business operating in the social housing sector. Established 20 years ago, PiLON specialises in planned maintenance, compliance and refurbishment of assets owned and managed by social housing providers. The Company operates […] Posted by: Mya Driver Read more
Bain Capital acquires majority share in data centre platform Oct 30, 2024 Bain Capital, one of the world’s leading private, multi-asset alternative investment firms, and Aquila Group, a private investment company and pioneer in sustainable assets, announce a significant partnership in the data centre sector. As part of the cooperation, Bain Capital is acquiring an 80% stake in AQ Compute, the data centre subsidiary of Aquila Group. […] Posted by: Mya Driver Read more
Europa acquires Dandara’s newly developed 342-unit BTR scheme Oct 30, 2024 Europa, a pioneer in pan-European real estate investment, announces that it has completed the acquisition of a 342-unit, newly developed build-to-rent (“BTR”) scheme, Granary Quay, in Glasgow, Scotland, from the Dandara Group, one of the UK’s leading residential developers and operators. Located in Glasgow’s West End, Granary Quay, which comprises a mix of studio, 1-bed […] Posted by: Mya Driver Read more
