Redevco announces UK Build to Rent joint venture with SFP Feb 20, 2023 Redevco, SFP Group and SFP UK have signed a joint venture (JV) agreement to invest in the UK Build to Rent (BTR) real estate market over the next couple of years. The strategy will focus on repurposing existing underutilised commercial assets that offer the potential for transformative residential-led mixed-use projects that will positively impact local […] Posted by: Mya Driver Read more
Dalata Hotel Group announces purchase of new London hotel for £44.3 million Feb 20, 2023 Dalata Hotel Group plc (“Dalata” or “the Group”), the largest hotel operator in Ireland, with a growing presence in the United Kingdom and continental Europe, is pleased to announce the addition of a new 192-bedroom hotel at 240 Seven Sisters Road, Finsbury Park, North London to its hotel portfolio. Under the transaction, Dalata has acquired […] Posted by: Mya Driver Read more
Iconic Leeds Hotel sold for £50m Feb 17, 2023 Pandox AB has acquired and gained access to The Queens Hotel, Leeds, UK for £50m. The acquisition includes both the hotel property and the hotel operations. The hotel has 232 rooms and will be operated as an independent brand under a new management agreement with Axiom Hospitality. The total acquisition price amounts to approximately MGBP 53 with […] Posted by: Mya Driver Read more
Strong occupier demand drives further growth in earnings and dividends Feb 17, 2023 FTSE100 logistics and warehouse developer, SEGRO, today reports its FY22 results showing a record level of rent roll growth following active asset management and a strong leasing performance against a backdrop of continued strong, structurally supported occupier demand. SEGRO continues to serve a diverse mix of customers’ international, regional and local distribution needs through a […] Posted by: Mya Driver Read more
Wolverhampton City Centre transformation next phase set to be approved Feb 16, 2023 City of Wolverhampton Council’s Cabinet looks set to approve the next steps towards final design of a new phase of city centre improvements after receiving feedback on the concept proposals from the public and stakeholders. A report outlines the outcome of engagement on the concept design for the transformation works to reshape Lichfield Street, Queen […] Posted by: Mya Driver Read more
£360m Birmingham project to go before planners Feb 16, 2023 Plans for a £360m mixed-use Birmingham development including the city’s tallest building will go before planners soon. Woodbourne Group’s plans for its Net Zero carbon Curzon Wharf project include the demolition of existing trade storage, distribution and training centre buildings to make way for 620 living units and approx. 730 student spaces. In addition, there […] Posted by: Mya Driver Read more
Likely go-ahead for 600 Birmingham Student Units Feb 16, 2023 The proposed transformation of a Birmingham brownfield site into 600+ student units seem likely to be greenlit. Fusion Birmingham Devco wants the go-ahead to build on land west of Bristol Road and north of Stone Road, the former site of The Trees Pub. The construction will comprise of four linked blocks up to 17 storeys. […] Posted by: Mya Driver Read more
£75m Lancashire Police HQ rebuild plans submitted Feb 15, 2023 Major redevelopment for Saunders Lane in Hutton, Preston. Divided into three redevelopment phases, the project will cost approximately £75m and take up to five years. Facilities scattered across the 40-acre site will be demolished so new buildings can be built to create a modern new police area. A great deal of the current HQ has […] Posted by: Mya Driver Read more
1300 home Gloucester masterplan set for greenlight Feb 15, 2023 The latest phase of a Gloucester masterplan are likely to be approved next week. The entire scheme is expected to consist of approx 1,300 properties and 20.5 acres of land for commercial use. The area for development is north of Innsworth Lane. Plans also include a primary school, open space, landscaping, parking and supporting infrastructure and […] Posted by: Mya Driver Read more
£182 income from proposed Oxford Science Park Feb 15, 2023 3,100 jobs and £182m of income a year are the benefits of a proposed expansion of Oxford Science Park. Plans from 2022 outlined an expansion of three four-story buildings which will acts as offices and containment level two (CL2) laboratories for life science research and development purposes. 883 car parking spaces would be provided with […] Posted by: Mya Driver Read more
