Oxford Council begins planning for next 20 years Feb 21, 2023 Oxford City Council has started work on the new Oxford Local Plan 2040 that will guide Oxford’s development over the next 20 years. The Local Plan 2040 is a step forward from the Local Plan 2036 that was adopted last year. It will also take into account the Oxfordshire Plan 2050, which will provide a strategic […] Posted by: Mya Driver Read more
Proposed clean maritime innovation in Appledore Centre received £15.6m investment Feb 21, 2023 Torridge District Council received its largest investment ever of £15.6mn to boost to develop its proposed Clean Maritime Innovation Centre at Middle Dock, Appledore – located next to the Harland & Wolff Appledore shipyard. The funding was issued by the Department for Levelling Up, Housing and Communities in order to establish Torridge and wider northern […] Posted by: Mya Driver Read more
Sirius completes £24.4m semi-commercial refinance for Aitch Group within 4 weeks Feb 21, 2023 Sirius Property Finance has completed the refinance of semi-commercial loan for Aitch Group for more than £24.4m, within four weeks of terms being issued. The specialist debt advisor was approached by boutique London property developer, Aitch Group, to assist in refinancing a semi-commercial property, Childers Street, comprising 83 residential units and three commercial units, as […] Posted by: Mya Driver Read more
Related Argent expands in-house asset management team to support Build-to-Rent growth Feb 21, 2023 Related Argent is expanding its in-house asset management capabilities with a dedicated build-to-rent (BtR) operations team. The team will manage its BtR portfolio which comprises over 3,000 rental homes across its developments in King’s Cross, Brent Cross Town and Tottenham Hale. Related Argent’s first rental homes will become available in late Summer 2023 at Author King’s […] Posted by: Mya Driver Read more
£4.8 million invested to expand Hull Container Terminal storage capacity Feb 21, 2023 ABP Humber has recently completed an extension to its Humber Container Terminal at the Port of Hull. An investment of £4.8 million has enabled an additional 17,600m2 of heavy-duty paving to expand the terminal’s storage capacity. The Humber Container Terminal in Hull welcomes around 12 vessels per week from Rotterdam, Amsterdam and Ghent, serving customers […] Posted by: Mya Driver Read more
Calling all Property Developers – Swish Fibre latest name to confirm spot at UKREiiF 2023 Feb 20, 2023 Swish Fibre 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. Full Fibre broadband provider, Swish Fibre have secured their spot in the UKREiiF exhibition hall, where over 6,000 delegates are expected to attend over the course of the […] Posted by: Mya Driver Read more
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