OakNorth Bank completes £36M loan for the acquisition of seven student accommodation sites across Aberdeen and Southampton Oct 25, 2022 OakNorth Bank, the UK bank for entrepreneurs, by entrepreneurs, has provided a £36M loan to Clearbell. The capital from OakNorth Bank will be used to fund seven PBSA sites in the popular student cities of Aberdeen and Southampton, offering over 1,800 bedrooms for residents. Six of the seven sites, offering a total of 1,050 bedrooms, are […] Posted by: Mya Driver Read more
Helical: ‘good first half’ results Oct 24, 2022 Helical, the London-based property investment & development company (and constituent of the FTSE SmallCap Index) has told investors it has enjoyed a “good first half” of the financial year in a statement before releasing its interim results. Commenting on the Company’s activities, Gerald Kaye, Chief Executive, said: “We have had a good first half of […] Posted by: Mya Driver Read more
£300m transformation will help borough deliver its potential Oct 24, 2022 The transformation plans for St Helens Borough will ‘see this town deliver on its ample potential as a strategic hub in the north west’ according to a top town centre boss. If the proposals suggested within the strategy were to be delivered, it would cost in the region of £300 million to transform the town. […] Posted by: Mya Driver Read more
Singapore private equity firm swoops for major new student accommodation scheme in Leeds Oct 24, 2022 A stunning new student accommodation scheme on Merrion Street in central Leeds has been sold to Q Investment Partners (QIP), a Singapore headquartered private equity real estate firm that connects residential real estate to capital markets, in a deal worth approximately £15 million. The 88 high specification studio apartments with associated amenities, are being built […] Posted by: Mya Driver Read more
Cole Waterhouse completes Digbeth land acquisition for upper Trinity Street Oct 24, 2022 Investment and development company Cole Waterhouse has completed the acquisition of a key development site in Digbeth, paving the way for the creation of Upper Trinity Street (UTS), a £260 million mixed-use scheme which will deliver 943 new homes and a new public park for the city. Cole Waterhouse has entered into an agreement with […] Posted by: Mya Driver Read more
Plans for 900 homes at former Poole power station site Oct 24, 2022 The largest brownfield regeneration site in the South West has been purchased by BCP Council following a successful £5 million Local Growth Fund investment from Dorset Local Enterprise Partnership (LEP). FuturePlaces is owned by Bournemouth, Christchurch and Poole Councils. Situated in Hamworthy, on the waterfront at Poole Harbour, the 40 acre site was left vacant following the […] Posted by: Mya Driver Read more
Planning permission secured for £75m student accom scheme in East London Oct 21, 2022 Southern Grove has secured approval for a £75m mixed-use student accommodation scheme in East London. The Piano Works will be located on the site of a former piano factory in the Fish Island neighbourhood in Hackney Wick, and will be home to 204 students across two six- and seven-storey blocks. The ground floor of both […] Posted by: Mya Driver Read more
Capital&Centric to transform Sheffield’s iconic Cannon Brewery Oct 21, 2022 It’s been revealed that social impact developers Capital&Centric – who spend £3m a week on regeneration – are set to create a new neighbourhood at the long-abandoned Cannon Brewery in Sheffield. The developer has exchanged contracts to acquire the site that was once home to Stones Brewery but has lain empty since shutting its doors […] Posted by: Mya Driver Read more
Planning permission received for over 700 homes in East Manchester scheme Oct 21, 2022 Manchester City Council has today approved plans for more than 700 new homes, a secondary school, a park and a community hub. The development will transform the unused land, formerly known as Jacksons Brickworks into a mix of house types including apartments and housing. The properties will be available for various tenures, including affordable rent […] Posted by: Mya Driver Read more
Crystal Palace’s £100M stadium expansion approved Oct 21, 2022 Crystal Place Football Club’s updated planning application for a new Main Stand at Selhurst Park has been approved by Croydon councillors, paving the way for a transformation of the stadium. Croydon’s planning committee first gave the application the green light four years ago, but it was delayed by the COVID pandemic and the Club recently […] Posted by: Mya Driver Read more