UKREiiF News

Wolverhampton City Centre transformation next phase set to be approved

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

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£360m Birmingham project to go before planners

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

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Likely go-ahead for 600 Birmingham Student Units

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. […]

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£75m Lancashire Police HQ rebuild plans submitted

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 […]

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1300 home Gloucester masterplan set for greenlight

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 […]

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£182 income from proposed Oxford Science Park

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 […]

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Lothian Pension Fund concludes capital retail park deal

Lothian Pension Fund has acquired Corstorphine Retail Park from Hunter Real Estate Investment Management for £16.265 million. The park has recently undergone extensive redevelopment with new lettings secured to Lidl and The Gym Group, with further lease re-gears to McDonalds, Pets at Home and Cancer Research giving an average lease length in excess of 18 […]

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Nuneaton & Bedworth Borough Council and Queensberry launch £68m major town centre redevelopment Grayson Place

2.3-hectare mixed-use development in Abbey Street is set to become the new F&B, culture and leisure destination for Nuneaton and Warwickshire Nuneaton & Bedworth Borough Council, with strategic development partners, Queensberry have launched the newly named mixed-use development, Grayson Place, in the heart of Nuneaton in Warwickshire. The 2.3-hectare town centre redevelopment in Abbey Street […]

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PGIM Real Estate raises £327m for open-ended Europe core-plus vehicle

PGIM Real Estate has raised over $400m (€372m) for its newly launched European core-plus strategy. The manager said the European Core Plus strategy’s capital was raised in less than six months after the launch of the open-ended vehicle. European Core Plus targets sectors such as last-mile logistics; residential including rental, senior and student housing; and new […]

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Ridgeback Group and Angelo Gordon complete £300m forward fund deal for Telford Homes BtR developments

Telford Homes and a joint venture between Ridgeback Group and Angelo Gordon (the JV) has announced the completion of a landmark £300m forward-funding deal to deliver a diversified portfolio of three high-quality Build to Rent developments across London. The deal marks a major milestone for Telford Homes as it continues to build its growing BtR […]

Posted by: Mya Driver

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