Whitbread acquires Leeds city centre office for hotel redevelopment Oct 21, 2024 The hotel development market in Leeds city centre shows no sign of slowing following the acquisition of a strategically located development site by Whitbread PLC, the parent company to the Premier Inn hotel chain, and the UK’s largest hotel business. It has acquired the freehold of a 42,000 sq ft office building (GIA) in the […] Posted by: Deividas Krupstas Read more
Avant Homes to deliver 118-homes for WDH’s social housing portfolio Oct 21, 2024 Housebuilder Avant Homes is constructing 118 new homes for WDH after agreeing a £21m deal with the social housing provider. The housebuilder will deliver 118 new homes across its Eden Fields development in Edenthorpe, near Doncaster, and Smithy Wood Gate in Dodworth, near Barnsley. The partnership demonstrates Avant Homes’ ongoing delivery of its multi-tenure strategy. […] Posted by: Deividas Krupstas Read more
Government announces action to “get a grip on spiralling HS2 costs” Oct 21, 2024 Action to “control the cost of HS2 and bring the project back on track” has been announced by the Transport Secretary Louise Haigh MP. The following press release was added to their website over the weekend to confirm changes and the Government’s thoughts behind them: – Just months into the role, Louise Haigh has warned […] Posted by: Deividas Krupstas Read more
200-bed hotel set for Middlesbrough Oct 21, 2024 International hotel brand Fairfield by Marriott is in discussions to open a new 200-bedroom hotel coming to the heart of Middlesbrough. Building work on the Gresham hotel project is forecast to start in early summer next year, subject to board approval. Members of the Middlesbrough Development Corporation Board will meet this Friday to agree next […] Posted by: Deividas Krupstas Read more
Bicester Motion secured £27m funding from Cain for latest project Oct 21, 2024 Bicester Motion, the 444-acre future mobility estate in Bicester, Oxfordshire, has secured a £26.8 million development loan from Cain International, an alternative asset manager specialising in real estate investment solutions. The funding will be used to deliver the first phase of The Ranges, the estate’s latest development designed for headquarters buildings for innovative transport technology […] Posted by: Deividas Krupstas Read more
Government launches British Infrastructure Taskforce Oct 18, 2024 Private finance experts met the Chancellor at No11 Downing Street today to boost investment in infrastructure and drive growth nationwide. Rachel Reeves convened the inaugural meeting of the British Infrastructure Taskforce as part of a new approach that involves government working with business to design policy that will unlock private investment, including by building business […] Posted by: Deividas Krupstas Read more
Approval Granted for Major 600 Housing Development in Wembley Oct 18, 2024 A major housing development at 1-22 Brook Avenue in Wembley, London, has been granted approval by the local planning committee. The unanimous decision marks a significant milestone for the project, which will deliver 600 new homes across four buildings, with heights reaching up to 16 storeys. Located north of Wembley Stadium, the development will be […] Posted by: Deividas Krupstas Read more
National Wealth Fund, Barclays UK Corporate Bank and Lloyds Banking Group join forces to unleash £1 billion to retrofit social housing Oct 18, 2024 The NWF has announced financial guarantees that will see Barclays UK Corporate Bank and Lloyds Banking Group deliver £1 billion of funding to accelerate the retrofit of social housing in the UK. Barclays UK Corporate Bank and Lloyds Banking Group will each deliver £500 million of lending to the market that has been enabled by […] Posted by: Deividas Krupstas Read more
Cain partners with Olympian Homes to expand PBSA platform with St James House redevelopment in Bristol Oct 18, 2024 Cain International (‘Cain’), the alternative asset manager specialising in real estate investment solutions, announced its acquisition and redevelopment plans for St James House in partnership with UK based real estate Developer, Olympian Homes. The scheme, set to be the tallest in Bristol at 28 storeys, will provide 574 beds and bring Cain’s Purpose-Built Student Accommodation […] Posted by: Deividas Krupstas Read more
Harworth signs 73,000 sq. ft. Industrial & Logistics letting with Insight at the Advanced Manufacturing Park, Rotherham Oct 17, 2024 Harworth, a leading regenerator of land and property for sustainable development and investment, has completed the letting of a recently completed, Grade-A Industrial & Logistics building at its Advanced Manufacturing Park (“AMP”) in Rotherham, South Yorkshire, to Insight, the solutions and systems integrator. Insight has agreed a 15-year lease for the 73,000 sq ft unit, […] Posted by: Mya Driver Read more