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
Lomond Group buys Leeds BTR agency Oct 12, 2022 Lomond Group has acquired a Yorkshire-based agency that specialises in buy-to-let for overseas clients. Increasing its portfolio by nearly 600 properties, Lomond now owns Leeds-based buy-to-let agency ERE Lettings. ERE Property will connect with Lomond Group and its future properties will come under the management of it’s UK group of letting agencies. Posted by: Mya Driver Read more
Clanmil raises £100m to deliver new homes Oct 12, 2022 Clanmil Housing has today announced a new £100m investment from three UK and North American investors. This is the first private placement deal for Clanmil, a housing association providing more than 5,600 high-quality social and affordable homes throughout Northern Ireland for families and older people. The investment, by Aviva Investors, iA Financial Group and Pension […] Posted by: Mya Driver Read more
First steps taken to create 149k homes in Birmingham Oct 11, 2022 The first step on the journey to shape the planning framework that will guide development and regeneration activity in Birmingham over the next 20 years is set for approval. Members of the council’s Cabinet will be asked to approve the Birmingham Local Plan Issues and Options Document for public consultation. The document sets out how, […] Posted by: Mya Driver Read more
Octopus Real Estate completes £22m loan on the development of 341 new homes in Derby city centre Oct 11, 2022 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has provided a loan in excess of £22m on the development of 341 flats in Derbyshire. The development loan – which has a 36-month term – will finance the creation of five blocks of flats; 260 one-bedroom units […] Posted by: Mya Driver Read more
