Chelmsford Faces Major Redevelopment as Dominus Plans Massive Project Apr 26, 2024 Plans unveiled by developers Dominus signal a significant transformation for Chelmsford, with a vast redevelopment scheme set to reshape a substantial portion of the city. The proposed project, spanning a five-year timeline, aims to breathe new life into the riverside area, with ambitious plans to introduce modern residential units and commercial spaces. If the proposals […] Posted by: David Gilbank Read more
British Business Investments Boosts Catfoss Finance with £15m Facility Apr 26, 2024 British Business Investments, a subsidiary of the British Business Bank, has granted Catfoss Finance a £15m finance facility. The transaction, structured as a block discounting agreement, is set to empower Catfoss in aiding smaller companies seeking accelerated growth through the acquisition of crucial assets. Established in 2001 and headquartered in Driffield, East Yorkshire, Catfoss has […] Posted by: David Gilbank Read more
Far East Orchard Acquires 49% Stake in UK PBSA Operator for £17.6 Million Apr 25, 2024 Far East Orchard O10 1% has announced its acquisition of a 49% stake in Homes For Students (HFS), the UK’s largest independent purpose-built student accommodation (PBSA) operator, for £17.6 million. Under the agreement, Far East Orchard will progressively acquire the remaining 51% interest in HFS in two stages by September 2025 and November 2030. The […] Posted by: Mya Driver Read more
1,100-Home Regeneration Project in Norfolk Apr 25, 2024 Flagship Group has submitted an outline planning application to regenerate a 1,100-home development in Norfolk. The project, centered around the Abbey in Thetford, aims to address housing needs while enhancing energy efficiency and community well-being. The plan involves constructing between 320 and 500 additional homes, retrofitting existing ones, and replacing others. These new homes will […] Posted by: Mya Driver Read more
£100 Million Investment Unveiled for NI Causeway Coast and Glens Apr 25, 2024 The signing of a £100 million growth deal for the Northern Ireland Causeway Coast and Glens council area witnessed the presence of both the first and deputy first ministers. Comprising a blend of funding from the UK government, the Northern Ireland Executive, and partner contributions, this investment heralds a new era of development for the […] Posted by: Mya Driver Read more
One To Watch: Romford Masterplan Consultation Begins Apr 25, 2024 Romford’s Labour Councillor, Jane Keane, has voiced her support for Havering Council’s initiative to engage with residents regarding the forthcoming Romford Masterplan. The Masterplan is set to outline potential changes to Romford Town Centre, focusing on objectives such as economic growth, sustainable communities, and improved infrastructure. Councillor Keane emphasised the importance of preserving Romford’s unique […] Posted by: Mya Driver Read more
Investec provides Hines with financing for West Midlands multi-let industrial portfolio Apr 25, 2024 Investec Real Estate announces that it has provided Hines’ European Value Fund 2 (HEVF2) with financing to complete the acquisition of four multi-let industrial estates in the West Midlands. Acquired from LondonMetric Property, the portfolio comprises 47 units, which are a mix of light industrial, trade and mid-box warehouses, totalling 434,000 sq ft. Three of […] Posted by: Mya Driver Read more
UKREiiF announces The Pitch finalists Apr 25, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), its platinum partner The Pagabo Group and B Corp-certified placemaking specialists Patch have announced the finalists for new and exciting initiative The Pitch. The Pitch is a brand-new platform for innovators, disruptors, and problem-solvers to promote their business to an all-star audience of investors and a […] Posted by: Mya Driver Read more
Aviva Investors acquires three-unit industrial asset in Hampshire Apr 24, 2024 Aviva Investors, the global asset management business of Aviva plc, announces it has acquired three industrial units in Hampshire, known collectively as Trilogy Park. Located in Segensworth Business Park and part of Concorde Way, a well-established and important industrial location on the South Coast of England, the three units together provide more than 125,000 sq […] Posted by: Mya Driver Read more
Norway’s Wealth Fund Set to Take Over Major UK Shopping Centre Apr 24, 2024 Norway’s sovereign wealth fund, Norges, is poised to acquire a significant share in Meadowhall, a key shopping centre in Sheffield, enhancing its position in the UK retail sector. Norges is nearing a deal to buy out British Land’s 50% stake in the centre for around £363 million. This strategic acquisition would place the total valuation […] Posted by: Mya Driver Read more
