Premcor submits plans for 445-home Croydon project Oct 29, 2024 Premcor has submitted plans to develop 445 new homes in Croydon alongside numerous commercial and community spaces. 156 of those homes will be ‘affordable’ in addition to 1,772 sq m of commercial and community space on the ground floor of the project. The project covers 4-buildings the tallest of which being 29 storeys. The others […] Posted by: Deividas Krupstas Read more
Whitbread completes the sale and leaseback of two operational hotels Oct 29, 2024 Whitbread PLC, the UK’s largest hospitality business and owner of Premier Inn, has successfully completed the sale-and-leaseback of two trading Premier Inn hotels. The two hotels achieved a net initial yield of 4.25% across the two properties and returned £56 million for the business. A 30-year term with five yearly CPI reviews (0-4%) was offered […] Posted by: Deividas Krupstas Read more
Government Budget: Major Boosts for Affordable and Social Housing Oct 28, 2024 The Deputy Prime Minister has written to Parliament to set out how this week’s Budget will support both affordable housing and social housing need. This week’s Budget will set out how the Government will deliver more affordable housing and ensure social housing is available for those who need it most. This will include an immediate […] Posted by: Deividas Krupstas Read more
Lidl secures £70 million deal to fund 12 new stores across the UK Oct 28, 2024 Lidl, the German discount supermarket chain, has finalised a significant £70 million sale-and-leaseback deal to fund the forward construction of 12 new stores across the United Kingdom. This landmark agreement supports Lidl’s ambitious expansion strategy in the UK, one of its key markets, as it seeks to increase its footprint and bring affordable, high-quality groceries […] Posted by: Deividas Krupstas Read more
Vistry Group to build 228 new family homes in Sileby Oct 28, 2024 Vistry Group, the UK’s leading provider of affordable mixed-tenure homes, has exchanged contracts on a 28.5-acre site on Barnards Drive in Sileby. The land, with a GDV of £63.2m, is being developed to build 228 much-needed family homes to help combat the need for housing in the area. Situated just beyond Barnards Drive on the […] Posted by: Deividas Krupstas Read more
Landmark new neighbourhood for East London Oct 28, 2024 A joint venture between award-winning housebuilder The Hill Group and leading housing association Peabody is demonstrating the impact of community-focused placemaking in the London Borough of Barking and Dagenham. As current participants involved in leading UK real estate investment conference, UKREiiF (The UK’s Real Estate Investment & Infrastructure Forum), all organisations, The Hill Group, Peabody […] Posted by: Deividas Krupstas Read more
Planning submitted for Cole Waterhouse’s Trafford Wharf scheme Oct 28, 2024 Cole Waterhouse has submitted a planning application for the former Hilti HQ site, off Trafford Wharf Road in Stretford, following a public consultation programme on the developer’s plans. The vision for Trafford Wharf is to deliver a mixed-use development on the brownfield site which will incorporate 438 built to rent apartments including 20% affordable homes […] Posted by: Deividas Krupstas Read more
Significant Leeds Dock site listed for £11.69 million Oct 25, 2024 A major opportunity has opened up in Leeds’ thriving property market as the Canal & River Trust announces the sale of a significant 12.36-acre site at Leeds Dock. The site, listed with an asking price of £11.69 million, includes the Royal Armouries Museum and adjacent mixed-use developments, presenting a substantial investment potential in one of […] Posted by: Deividas Krupstas Read more
Castleforge Secures £115 Million Loan to Transform Office Building in London’s Square Mile Oct 25, 2024 Real estate investment firm Castleforge has secured a significant £115 million loan to support the redevelopment of 1 Golden Lane, an iconic Grade II listed office building in London’s Square Mile. This substantial financial backing will enable Castleforge to proceed with its ambitious vision for the property, reaffirming its commitment to redefining modern workplaces with […] Posted by: Deividas Krupstas Read more
Coney Street Riverside masterplan praised as council gives approval Oct 25, 2024 Helmsley Group’s Coney Street Riverside masterplan has been given the green light. At a meeting of City of York Council’s planning committee, members commended Helmsley’s leading approach to community engagement, said its vision would revitalise a neglected area and described the scheme as a “fantastic use of unused space”. Concluding the discussion, Councillor Jonny Crawshaw, […] Posted by: Deividas Krupstas Read more
