Zorin Finance completes £25m PBSA funding in Bath Oct 14, 2022 Aternative property lending group Zorin Finance has completed two Purpose Built Student Accommodation (PBSA) transactions with Rengen Developments and Longacre Developments. The £25 million loan will be split into a development and an investment term loan secured against two mixed-use sites in central Bath. The Scala, Oldfield Park, Bath The £13 million facility will support the […] Posted by: Mya Driver Read more
Planning application for ‘game changing’ £210 million Huddersfield regeneration submitted Oct 14, 2022 Following several months of public consultation, an official planning application for the Huddersfield £210m Cultural Heart development has been submitted. This marks a significant milestone in the future of Huddersfield town centre. The Cultural Heart is the centrepiece of the wider Huddersfield Blueprint, an ambitious ten-year vision to create a thriving, modern-day town centre. What […] Posted by: Mya Driver Read more
Carter Jonas Achieves Planning Consent for the Perse School in Cambridge Oct 14, 2022 National property consultancy Carter Jonas has secured planning consent on behalf of the Perse Upper School for a substantial new sports centre which will include a swimming pool, sports hall, climbing wall and changing village, together with associated car and cycle parking and landscaping. Consent was awarded by Cambridge City Council on 5 October 2022. […] Posted by: Mya Driver Read more
£600m Cavalry Barracks plans approved Oct 14, 2022 Inland Homes has received, on behalf of the third-party project investor, a resolution to grant planning permission at Cavalry Barracks in West Hounslow for a mixed-use development of 1,525 homes and 2,700 sqm of commercial space. Inland Homes acquired the site from the Ministry of Defence and submitted the planning application in March 2021. It […] Posted by: Mya Driver Read more
Sovereign snaps up Farnborough shopping centre for £17.6 million Oct 13, 2022 Sovereign Housing Association has bought the Princes Mead Shopping Centre and two adjacent retail assets in Farnborough for £17.6 million from Knight Frank Investment Management (KFIM), on behalf of Local Pensions Partnership Investments (LPPI). The acquisition provides an opportunity for the 61,000-home housing association to bring forward a residential-led, mixed-use regeneration in the heart of […] Posted by: Mya Driver Read more
Telford Land Deal attracts £325m investment…and more to come Oct 13, 2022 Telford & Wrekin Council has highlighted the ongoing success of the scheme in a cabinet report, which brings forward former new town sites set aside for development, de-risks them and provides shovel ready land which can be developed for employment and residential use. Formed in 2015, the Telford Land Deal is a partnership between Telford […] Posted by: Mya Driver Read more
BWP REIT to raise £35 million for Leeds development Oct 13, 2022 BWP REIT PLC, a newly formed single asset company established to acquire Bridgewater Place, an office-led mixed use property situated in a prime location in central Leeds which has been independently valued at £63 million (as at 30 August 2022), has announced its intention to raise £35 million (before expenses) through the issue of 35 […] Posted by: Mya Driver Read more
Council presents plans for streamlined £150m regeneration of Oxford Street Oct 13, 2022 Westminster Council have revealed updated proposals to revive Oxford Street and a number of surrounding areas with a combination of council and private sector funding. Originally, the scope of the £150m works extended from Marble Arch to Tottenham Court Road, and were intended “.to respond to the changing needs and interests of residents, visitors and […] Posted by: Mya Driver Read more
Edenstone secures £100 million-plus of future plots in the South West Oct 13, 2022 The Edenstone Group is celebrating a successful first year in the South West of England, where it’s secured land for 325 homes with an estimated sales worth of £106 million. As part of its expansion plans, the homebuilder, headquartered in Magor, opened its Southern office in Portishead in September 2021. In its first 12 months, […] Posted by: Mya Driver Read more
Mission Street and BentallGreenOak joint venture to deliver new 23-acre science district for Cambridge Oct 12, 2022 In a major boost to the UK’s life sciences sector, Mission Street and BentallGreenOak (BGO) will deliver a world-class science and innovation campus less than 10 minutes east of the city centre, following the acquisition of a 23-acre site on Coldham’s Lane in Cambridge. This is the fifth and largest acquisition by the specialist science […] Posted by: Mya Driver Read more
