Arc & Co and Pluto Finance complete £18m of BtR development loans Jan 11, 2023 Arc & co. and Pluto Finance have completed on two development-to-investment loans, totalling £18 million, to a private residential developer. The new facilities, structured by Arc & Co. and financed by Pluto, will enable the development of two residential build-to-rent assets, followed by an investment loan for longer-term holding on completion of construction. Located in […] Posted by: Mya Driver Read more
Goodman secures planning to transform M1 logistics site into state-of-the-art commercial park Jan 10, 2023 Vauxhall’s former aftersales warehouse in Luton, Bedfordshire, is to be transformed into a 1.2 million sq ft industrial and logistics park after Goodman secured outline planning permission for the development. Goodman will regenerate the existing site and take a circular approach to construction, focusing on minimising waste and resources in delivering Goodman London Luton. The […] Posted by: Mya Driver Read more
EDF & Luminous announce mega solar project in Lincolnshire Jan 10, 2023 EDF Renewables UK and Luminous Energy have announced plans for Springwell Solar Farm, a proposed new solar farm with battery storage located between Lincoln and Sleaford in Lincolnshire. Springwell Solar Farm would make a significant contribution to the UK’s future energy mix by providing enough clean, secure energy to power over 180,000 homes* every year […] Posted by: Mya Driver Read more
Lismore’s review predicts opportunities in a more liquid Scottish investment market Jan 10, 2023 Leading independent property advisory firm, Lismore Real Estate Advisors, today released its review of the Scottish investment market for the final quarter of 2022, along with predictions for 2023. Simon Cusiter, Director of Lismore comments: “The speed and extent of the pricing correction that has taken place in the latter half of 2022 has caught […] Posted by: Mya Driver Read more
Rainier’s plans for derelict Nottingham site gather pace Jan 10, 2023 Rainier Developments’ plans to transform a derelict site near Nottingham train station are gathering pace following a multi-million-pound land sale. The 0.62-acre site on Waterway Street has been purchased unconditionally by Rainier Developments from Nottingham City Council. The site has been vacant for the past five years, and will now see Rainier Developments bringing forward […] Posted by: Mya Driver Read more
£150m redevelopment of the Enkalon Business Park in Antrim Jan 10, 2023 Plans for the site near The Junction retail park have been submitted by Errigal Group who bought the industrial estate in 2019. At present, the space is being leased to tenants for warehousing, distribution and showroom. Since it’s purchase, the company has conducted £2m worth of upgrade works. It’s envisioned that the project will consist […] Posted by: Mya Driver Read more
Kingsbridge Estates acquires strategic logistics development site at Segensworth, near Southampton Jan 10, 2023 Leading commercial property developer Kingsbridge Estates has completed the purchase of a 4.7-acre site at Segensworth, near Southampton, and will bring forward plans to deliver a new industrial development. The Chichester-based developer, working with a joint venture partner, has acquired Chartwell Court and proposes to submit a planning application to develop a new 110,000 sq.ft […] Posted by: Mya Driver Read more
£15m ‘Extra Care’ housing development for over-55s for Shropshire Jan 10, 2023 One of the West Midlands’ fastest-growing providers of affordable homes and social housing has completed a £15m deal to build a new ‘Extra Care’ development in Shropshire. Keon Homes, which has already seen turnover rise by 33% to £25m in 2022, has purchased land from Bloor Homes at its Hutchinson Gate site in Newport and […] Posted by: Mya Driver Read more
Unite Students reports strong early growth 2023 Jan 10, 2023 Unite Students this morning announces a trading update and Q4 Fund Valuations. The Group has seen a strong start to the 2023/24 cycle with an expected rental growth of at least 5% for the year, continuing to deliver high-quality properties to students across the country. Please see the highlights below: Guidance reiterated for adjusted EPS […] Posted by: Mya Driver Read more
Unite Students acquires new site in Stratford, London Jan 10, 2023 Unite Students, the UK’s leading provider of student accommodation, has completed the acquisition of Jubilee House, in Stratford, for £73million. The existing office building full planning consent for a 36-storey scheme, providing 716 beds for students. The development in Farthingale Walk, Stratford, London, will also incorporate 65,000 sq ft of academic space, which will be occupied […] Posted by: Mya Driver Read more
