Ruby Group reveals £100m Edinburgh hotel development Nov 18, 2022 The expansion of the Ruby Group, under the leadership of founder and CEO Michael Struck, is progressing rapidly despite the challenges in the European hotel market. The new Ruby Hotel in Edinburgh is located directly on the famous shopping street of Princes Street, opposite Princess Street Gardens Park, and comprises around 300 rooms across seven floors. The hotel […] Posted by: Mya Driver Read more
Frasers Group secures purchase of Coventry Building Society Arena Nov 18, 2022 Andrew Sheridan and Raj Mittal, Partners at specialist business advisory firm, FRP have been appointed as joint administrators of Arena Coventry Limited (ACL), Arena Coventry (2006) Limited and IEC Experience Limited. Upon appointment the Joint Administrators immediately completed the sale of the businesses, including ownership of the Coventry Building Society Arena, to certain entities controlled […] Posted by: Mya Driver Read more
University College Birmingham unveils major multi-million-pound investment in brand new sixth form centre Nov 17, 2022 Set to open in September 2024, the new centre will be based at the University’s Camden House campus building in Birmingham city centre, offering a wealth of new study options for post-16 learners as well as creating new jobs. It is the latest development in an exciting year for University College Birmingham, which has already […] Posted by: Mya Driver Read more
Multi-million-pound plans unveiled for new Cheltenham business campus Nov 16, 2022 An office building in Gloucestershire, described as one of it’s largest, is set to be redeveloped into a mixed use campus. The Grange, former HQ of Zurich Insurance in Bishop’s Cleeve, is being developed in a multi million pound project to transform the site on the A435, three miles from Cheltenham town centre. Another 11 […] Posted by: Mya Driver Read more
CPE partners and Crossroads Real Estate in £400M partnership to build 10 new advanced recycling facilities in UK Nov 16, 2022 Clean Planet Energy have today announced a new joint venture with private equity firm Crossroads Real Estate to build and operate ecoPlants across the UK. The new joint venture, aiming to tackle the plastic waste crisis, could lead to over £400m of new UK investment deployed for the future construction of these facilities. Sites in […] Posted by: Mya Driver Read more
Helmsley Group continues York acquisition spree Nov 16, 2022 A set of prominent buildings in York city centre have been bought by property investment and development specialist Helmsley Group. Helmsley has acquired the adjoining 1 Feasegate and 1-2 St Sampson’s Square, which are let to leading footwear and clothing retailer Size?. The buildings, which were acquired for an undisclosed sum from a major UK […] Posted by: Mya Driver Read more
Nottingham BS partners with Gen H in £600m deal Nov 16, 2022 Nottingham Building Society (NBS) have announced a strategic partnership with fintech mortgage lender, Gen H, also known as Generation Home. The deal will see NBS provide up to £600m over a minimum of two years, to boost the prospects of home ownership for first-time buyers and remortgagers. The deal reflects a shared commitment to transform the […] Posted by: Mya Driver Read more
Blackfinch Property completes £8.1m care home development loan Nov 16, 2022 Blackfinch Property has completed a £8.1m loan, with a loan duration of 24 months, which will be used for the development of a 70-bedroom care home and 7-bedroom assisted living facility in Blackburn, Lancashire. The development will help to meet the growing demand for high quality elderly care facilities, offering enhanced sized community spaces and […] Posted by: Mya Driver Read more
Schroder REIT: strong income return underpins positive total return performance and increased dividend, fully covered by EPRA earnings Nov 16, 2022 Schroder Real Estate Investment Trust Limited, the actively managed UK focussed REIT, today announces its unaudited interim results for the six month period ended 30 September 2022. Low cost, long-term debt profile supporting earnings growth and further dividend increase Net Asset Value (‘NAV’) of £366.0 million or 74.8 pps (31 March 2022: £372.2 million, or […] Posted by: Mya Driver Read more
Godwin Developments Launches £1bn Nationwide BTR Platform Nov 16, 2022 UK property developer Godwin Developments today announces the launch of a nationwide build-to-rent (BTR) platform. Working as an equity investor in partnership alongside a leading institutional real estate partner, Godwin has ambitious plans to build a portfolio valued in excess of £1 billion. The joint venture (JV) will target both the single-family and multifamily BTR […] Posted by: Mya Driver Read more
