Plans approved to create new Museum for London and regenerate Smithfield Nov 22, 2022 The City of London Corporation’s Planning Applications Sub-Committee today gave the green light for updated plans from the Museum of London to create a new, world-class cultural destination within a series of historic buildings in West Smithfield. The approved plans mean a secure, sustainable future for the historic market buildings that make up the site, […] Posted by: Mya Driver Read more
Monte Blackburn buys 500,000 sq ft Burnley industrial Nov 22, 2022 Eshton Group has completed a deal for an undisclosed sum that will secure an estimated 900 jobs for the Burnley area after selling its Burnley Bridge South site to Monte Blackburn, the billionaire Issa brothers’ development company. The deal follows the Yorkshire-based property developer’s successful planning application for the 32-acre site, with Burnley Borough Council […] Posted by: Mya Driver Read more
Up to £35 million allocated to help councils transform brownfield into homes Nov 22, 2022 The Department for Levelling Up, Housing and Communities (DLUHC) has announced that up to £35m has been allocated under the Brownfield Land Release Fund 2 (BLRF2) to 41 local authorities’ projects in England. This number is the first phase of the £180 million Brownfield Land Release Fund which will continue to be rolled out over next […] Posted by: Mya Driver Read more
4,500 Homes in Earls Court plans Nov 22, 2022 A new-look scheme for the former Earls Court exhibition centre brownfield site is expected to describe plans for 4,500 homes, alongside cultural venues and parks The expected plans by Earls Court Partnership Limited comes following the purchase of Lillie Bridge Depot and associated land from Transport for London (TfL). Following the purchase, Lillie Bridge Depot […] Posted by: Mya Driver Read more
Pocket Living receives double permission for over 500 homes including developer’s first for rent Nov 22, 2022 Innovative housing developer Pocket Living has secured two unanimous planning committee decisions, days apart, for two housing developments in London, totalling almost 500 homes aimed at London’s middle-income workers who keep the city vibrant and dynamic. The two permissions demonstrate the breadth of Pocket’s offer to this market as the development at Atlas Road will […] Posted by: Mya Driver Read more
Gregory secures consent to deliver 33,000 sq ft industrial unit on Sheffield business park Nov 22, 2022 Gregory Properties has secured full planning consent from Sheffield City Council to deliver a 33,000 sq ft industrial unit at Sheffield Business Park. The long established, local developer plans to speculatively build the unit to support a major shortage of new space in the region. Gregory Properties acquired the prominent 2-acre vacant site on Europa […] Posted by: Mya Driver Read more
Cortland the latest name to confirm UKREiiF partnership for 2023 Nov 22, 2022 Real estate investment, development and management company, Cortland, have officially confirmed their Pavilion partnership at next year’s UKREiiF event, due to take place between 16 – 18 May in Leeds. Cortland will be represented by its development and investment, build to rent and consulting arms. Founded in Atlanta in 2005, Cortland focused on developing communities […] Posted by: Mya Driver Read more
Arc & co and Waypark Capital complete a £10.2m commercial investment term facility for the refinance of two serviced offices Nov 21, 2022 Philip Kay, Senior Asset Finance Advisor at Arc & Co. has completed a £10.2m commercial investment facility for the refinance of two regional serviced office assets. The 5-year senior investment loan is being provided by Waypark Capital at a 71% LTV on a variable interest rate. The proceeds of the loan were used to refinance […] Posted by: Mya Driver Read more
Atelier raises maximum loan size to £40m as its lending capacity rises to £500m Nov 21, 2022 The specialist lender Atelier has increased the maximum size of loan it can offer to professional property developers, as part of a strategic plan to grow the scale and variety of its lending across the UK real estate market. Atelier has successfully lent £400m since it launched in January 2020, and currently has £250m of […] Posted by: Mya Driver Read more
Border to Coast launches manager search for £3bn UK real estate fund Nov 21, 2022 Border to Coast Pensions Partnership, one of the UK’s largest pension pools, has launched its search for a specialist manager to support the development and management of its multi-billion-pound UK Real Estate Fund. The initial UK fund is likely to be £1.75bn of direct properties at launch, but is anticipated to grow to over £3bn […] Posted by: Mya Driver Read more
