£745m business case published for North-East metro extension Nov 8, 2022 Cross-party North East politicians and regional business leaders have come together to call upon the Government to invest in North East infrastructure by supporting the re-development of a new Metro extension in the region. The move comes as Transport North East publishes the first step in production of a Business Case, for approval by the […] Posted by: Mya Driver Read more
Arc & Co. and Alpha Property lending complete £7m bridge Nov 8, 2022 Alpha Property Lending has completed a £7m development exit loan for a newly completed development of 8 houses and 2 apartments in East London. Alpha Property Lending provided a fixed rate loan, giving the Borrower certainty in a volatile interest rate market. The loan was used to repay development finance and will enable the developer time […] Posted by: Mya Driver Read more
As global aviation firm lodges plans for £25million facility Nov 8, 2022 Global aviation giant Willis Lease Finance Corporation (WLFC) and its wholly-owned subsidiary, Willis Aviation Services Limited (WASL), have now lodged planning documents for a maintenance facility and a state-of-the-art Jet Centre at Aviation Village. The investment worth £25m is set to bring a significant number of jobs to the region. Part of the 49-acre stretch […] Posted by: Mya Driver Read more
Sheffield Hallam University to open new campus in London! Nov 8, 2022 Sheffield Hallam University will open its first satellite campus outside of Sheffield in Brent Cross Town, the 180-acre, £8Bn new park town in London. The University is another piece of Brent Cross Town’s transformative 3 million sq ft commercial district of academic organisations, major corporations, global innovators, start-ups and scale-ups and will bring forward the […] Posted by: Mya Driver Read more
Persimmon reports strong results July – November 2022 Nov 8, 2022 Dean Finch, Group Chief Executive, commented: “Persimmon entered 2022 in a strong position with healthy forward sales and good weekly sales rates which continued throughout the first half of the year. This, together with our increasing levels of build efficiency, means we are well positioned to deliver new home completions for the year within our […] Posted by: Mya Driver Read more
Custodian REIT sells industrial unit at 12% ahead of June valuation Nov 8, 2022 Custodian REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the UK, is pleased to announce the disposal of an industrial unit in Kilmarnock at auction for £1.4 million at a 12% premium to its 30 June 2022 valuation. The environmental credentials of […] Posted by: Mya Driver Read more
£14m town deal funding released for first reconnecting Runcorn projects Nov 7, 2022 The green light has been given on four business cases that form part of the Reconnecting Runcorn Town Deal, unlocking £14m of Towns Fund investment for the town. The business cases for the four projects were submitted to Government back in August. The documents had to provide evidence that demonstrated how each project met certain […] Posted by: Mya Driver Read more
Centrica and Equinor sign co-operation agreement for East Yorkshire hydrogen hub Nov 7, 2022 Centrica and Equinor have signed a co-operation agreement to explore developing a low-carbon hydrogen production hub at Easington in East Yorkshire, further strengthening the region’s growing status as the UK’s foremost hydrogen super place. Under the co-operation plan, the Centrica-operated area at Easington could transition to a low carbon hydrogen production hub over the coming […] Posted by: Mya Driver Read more
600 homes for Wolverhampton’s Brewers Yard redevelopment to get more than £5m of WMCA investment Nov 7, 2022 An investment of more than £5m has made by the West Midlands Combined Authority (WMCA) to help kickstart the first phase of the transformational Brewers Yard regeneration scheme in Wolverhampton city centre. The investment will pave the way for the first enabling phase in the delivery of almost 600 new homes and hundreds of construction […] Posted by: Mya Driver Read more
Hydrock announces UKREiiF 2023 partnership Nov 7, 2022 British-owned integrated engineering design, energy and sustainability consultancy, Hydrock, has announced their involvement in UKREiiF 2023. The event is set to take place in Leeds between 16-18 May. Experienced in all sectors, Hydrock unlocks complex sites and creates high-performing, sustainable buildings and future-proofed infrastructure that deliver positive user experiences, societal benefits and asset value. The […] Posted by: Mya Driver Read more
