Manchester office building redevelopment plans submitted Jan 19, 2023 Plans have been submitted to redevelop a vacant office block in Manchester City Centre. The 45-storey, Albert Bridge House on Bridge Street will become BTR accommodation, along with 365,000 sq ft of office space. The plans have been submitted by Oval Real Estate. The current site is occupied by HMRC up until recently, but is […] Posted by: Mya Driver Read more
Global Net Lease announced £61m UK acquisition Jan 19, 2023 Global Net Lease announced today that it closed on the acquisition of eight properties in the United Kingdom for a total purchase price of £61 million ($75 million in US dollars based on the exchange rate at closing) at a cap rate of 10.6%. The properties are all leased to a wholly owned subsidiary of […] Posted by: Mya Driver Read more
Town Centre Strategy for Maidstone Jan 19, 2023 Maidstone Borough Council (MBC) is moving ahead with producing a Town Centre Strategy and its ambitious transformation of the town centre. The strategy will aim to create a range of new retail, leisure and employment opportunities for the people, communities and businesses in the town centre and across the borough. It will identify a variety […] Posted by: Mya Driver Read more
The Crown Estate seals landmark agreements for offshore wind energy to power 7 million homes Jan 19, 2023 In a major milestone for the UK’s energy security and net zero commitments, The Crown Estate today announces it has signed Agreements for Lease for six offshore wind projects which could begin to generate green electricity by the end of the decade and have the potential to generate c.8GW of renewable electricity, enough for more […] Posted by: Mya Driver Read more
100 projects get £2.1bn from UK Government Jan 19, 2023 Landmark levelling up funding will breathe new life into more than 100 communities, with up to £2.1 billion awarded today to transformational projects across the United Kingdom. These include Eden Project North visitor attraction in Morecambe, a new AI campus in Blackpool, a new rail link in Cornwall, and a major regeneration scheme in Gateshead […] Posted by: Mya Driver Read more
Eden Project Morcambe awarded £50m Jan 19, 2023 Eden Project Morecambe, previously known as Eden Project North, has been awarded £50m in the second round of the UK Government’s Levelling Up Fund. The funding allows the project to move into its next phase and begin the process of finalising the remaining funds required from private and philanthropic sources identified as part of the […] Posted by: Mya Driver Read more
Mixed-use developer Socius to partner with Railpen to deliver Botanic Place, a major new office development in Cambridge Jan 18, 2023 Mixed use developer Socius is pleased to confirm a partnership with Railpen, the investment manager for the £35 billion railways pension scheme for Botanic Place, a major new office development in Cambridge city centre. Railpen acquired Botanic Place, which is adjacent Cambridge Botanic Gardens and close to the city centre and primary rail link, in […] Posted by: Mya Driver Read more
Commonplace announce UKREiiF 2023 partnership Jan 18, 2023 Commonplace have confirmed their participation at The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Commonplace is an engagement and insight solution for cities, used by local authorities, developers, housing associations, transport organisations, neighbourhood planning groups and community groups to improve community engagement surrounding […] Posted by: Mya Driver Read more
Stafford Capital Partners launches its fifth infrastructure secondaries fund Jan 17, 2023 Stafford Capital Partners, a leading international private markets investment and advisory group, has launched Stafford Infrastructure Secondaries Fund V (“SISF V”), its fifth infrastructure secondaries fund. SISF V has a £1.15bn target and will follow the successful strategy of its predecessor funds by seeking to provide access to a diversified global infrastructure portfolio, with core […] Posted by: Mya Driver Read more
Bold plans submitted to reawaken Silvertown site Jan 17, 2023 A major new planning application for the Silvertown site in the London Borough of Newham has been submitted following an extensive consultation process with local residents and businesses. With a bold character founded in the industrial heritage of this historic part of London, this diverse neighbourhood will feature around 6,500 new homes with 50% affordable […] Posted by: Mya Driver Read more
