Amber Fund Mgt funds Rock Rail Electroliners Jan 5, 2023 The Mayor of London’s Energy Efficiency Fund (‘MEEF‘), managed by Amber Fund Management Limited (‘Amber Infrastructure’), has provided a debt and equity funding solution to Rock Road, a subsidiary of Rock Rail (together ‘Rock’), for the financing of 30 Wrightbus Electroliners to be operated out of Twickenham depot on Route 111 by Abellio. The state-of-the-art […] Posted by: Mya Driver Read more
Worcestershire County Council Cabinet gives go-ahead for £400million draft budget to go out for consultation Jan 5, 2023 At today’s Cabinet meeting at County Hall, the Council’s draft net budget of £400 million was given the green light to go forward for consultation and further consideration by councillors. The budget also includes the draft capital programme of £413 million to ensure the Council can continue its ambitious programme of improvements across the county. […] Posted by: Mya Driver Read more
Stonewater Group scoops up Greenoaks 550 homes Jan 5, 2023 Greenoak has become a subsidiary of Stonewater Group. Greenoak Housing Association operates more than 550 homes in Surrey and Sussex. Greenoak’s former Chief Executive, Diana Kingdon has now left her role and Marcus Canning has been appointed Interim Director of Greenoak. Marcus, the former Assistant Director of Customer Experience at Stonewater, said: “It’s incredibly exciting […] Posted by: Mya Driver Read more
Consultation begins on former Central Retail Park regeneration proposals Jan 5, 2023 A report announcing a refreshed Strategic Regeneration Framework (SRF) for the former retail site was heard by the Council’s Executive in December, updating a previous SRF that was agreed by the Council in 2020. There is a renewed commitment that the regeneration of the former Central Retail Park will create a high-quality, sustainable office […] Posted by: Mya Driver Read more
Green light for 1st phase of 4000 homes in Rugby Jan 4, 2023 The first phase of a major development for a 4,000-home development has been approved as part of the South West Rugby Sustainable Urban Development Extension. This stage will provide up to 210 homes, a new primary school, and create more than 350 jobs in Rugby has been given final outline planning approval. Leading strategic land […] Posted by: Mya Driver Read more
Goldman Sachs unseats JPMorgan as top dealmaker in UK Jan 4, 2023 Goldman Sachs has usurped JPMorgan on the UK dealmaking fee ladder as revenue plummets by 42% in Europe’s largest investment banking arena. Goldman was bumped into poll position by its status as top M&A advisor – and thanks to the falling number of companies that raise capital on UK stock exchanges. The two banks have […] Posted by: Mya Driver Read more
Manchester’s Corn Exchange sold by Aviva Jan 4, 2023 Aviva Investors has sold the building which was put up for sale at around £43m in May 2022. The identity of the buyer and the deal value is unknown. The deal was done by JLL and KLM Real Estate who had been jointly marketing the property. The Corn Exchange was built in 1837 and stands […] Posted by: Mya Driver Read more
Service complex on edge of Teesworks site unveiled Jan 4, 2023 A 160-bed hotel, two parades of shops and a petrol station will all be part of a new services zone near the Trunk Road, at Lackenby. It will also feature a convenience store of around 4,500sq ft, a family pub/eatery, and two other freestanding restaurant units. Outline plans will be submitted to Redcar and Cleveland […] Posted by: Mya Driver Read more
UK Business Council for Sustainable Development – latest name to sign up for UKREiiF Jan 4, 2023 The Beyond Net Zero Pavilion is back, bigger and with a packed showcase programme featuring some of the leading thinkers and companies from across the development sector. The UK Business Council for Sustainable Development (UKBCSD), in partnership with the City of Bradford Metropolitan District Council, have announced their involvement in this year’s event. Following a […] Posted by: Mya Driver Read more
Nearly £50m in funding agreed for 693-bed student scheme in Nottingham Jan 3, 2023 The developer Conygar has entered into a new facilities agreement with Barclays Bank PLC (“Barclays”) comprising a development facility and an investment facility (together the “Facilities”) up to £47.5 million in aggregate. The Facilities will enable the completion of the construction, targeted by the summer of 2024, and subsequent letting of the 693-bed student accommodation development at The […] Posted by: Mya Driver Read more
