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
Bridgend College plans to develop £50M new campus in town centre Nov 21, 2022 Bridgend College has revealed ambitious plans to build a new campus in Bridgend town centre. The scheme includes the demolition of the existing police station site in Cheapside which will soon be vacant, together with the demolition of an old condemned multi-storey car park which is no longer operational. The College’s ambition is to create a […] Posted by: Mya Driver Read more
£1bn project to move London fish and meat markets to Dagenham Nov 21, 2022 The City of London Corporation has approved plans for a major regeneration programme, which will see London’s historic wholesale markets relocated to a purpose-built site in Dagenham Dock, bringing thousands of jobs to the area. Today (November 17), the Court of Common Council – the City Corporation’s principle decision-making body – voted to deposit a Private […] Posted by: Mya Driver Read more
Wilko makes strategic £48m sale and leaseback of Nottinghamshire distribution centre to DHL Nov 18, 2022 National law firm Browne Jacobson has advised long standing retail client, wilko on the sale and leaseback of its Nottinghamshire distribution centre in Worksop to logistics specialist DHL for £48m. The deal is part of a 15-year partnership agreement with DHL and will give the everyday household and garden retail giant the opportunity to release […] Posted by: Mya Driver Read more
Arc & Co has secured an £8.7m development facility from Octopus Nov 18, 2022 Matthew Yassin from Arc & Co. has completed a £8.7m development loan with Green Homes Alliance Octopus. The development located in Leyton, is for 2 new build blocks under two different titles. The initial loan is underwritten on planning for 25 units and two commercial units with a GDV of £13.8m. The developer is looking […] Posted by: Mya Driver Read more
