Investec provides £29m development loan for two industrial schemes in Peterborough and Aylesbury Sep 26, 2022 Investec Real Estate announces that it has provided Chancerygate, the UK’s largest multi-unit industrial property developer and asset manager, with two, 22-month senior development loans, totalling £28.7 million, to support the construction of two industrial schemes, totalling 288,000 sq ft. In Peterborough, the UK’s fastest growing city, Chancerygate will deliver 123,000 sq ft of industrial, […] Posted by: Mya Driver Read more
Aedifica invests £45.5 million in 3 care homes in the United Kingdom Sep 26, 2022 Aedifica will invest approx. £45.5 million in the acquisition of a brand-new care home and the construction of two care homes in the United Kingdom. Stefaan Gielens, CEO of Aedifica, commented: “We are pleased to announce that Aedifica will invest approx. £45.5 million in the acquisition of a brand-new care home and the development of […] Posted by: Mya Driver Read more
Lamington Group plans three new net zero room2 hometels in the UK Sep 23, 2022 Family-owned real estate investment and development company, lamington group, has announced it will open net zero room2 hometels in York, Glasgow, and Manchester. The move comes as part of the company’s sustainable property development plan and represents an investment of £114 million. The room2 brand currently has 3 operational establishments in the UK, of which […] Posted by: Mya Driver Read more
CBRE secures £20M funding for development of heat network at Liverpool Waters Sep 23, 2022 CBRE’s Investment Advisory team, part of CBRE Capital Advisors, has arranged further funding from the Merseyside Pension Fund Catalyst Fund to support the next phases of the development of a heat network at Liverpool Waters, taking the total Catalyst facility to £20 million. The heat network is one of Liverpool’s most significant regeneration projects having […] Posted by: Mya Driver Read more
Plans revealed: ownerless properties transferred to local communities Sep 23, 2022 Proposal for ownerless properties that have fallen to the Crown to be transferred to communities across Scotland unveiled today. Under the plans, ownerless properties can be sold for a nominal sum to key public sector partners for community use. The King’s and Lord Treasurer’s Remembrancer (KLTR) launched a consultation on proposals for an Ownerless Property Transfer Scheme (OPTS) […] Posted by: Mya Driver Read more
£35M Canvey Island Flood Defences approved Sep 23, 2022 The Environment Agency is set to begin the renewal of flood defence revetment this financial year, 2022/23, bringing huge improvements to the seafront and shoreline. This £35 million project will renew Canvey Island’s existing flood defences along the 3-kilometre stretch of the Island’s southern seafront. Canvey Island is a town, civil parish and reclaimed island in […] Posted by: Mya Driver Read more
Devon Council loans additional £2million to development arm Sep 23, 2022 The request of £2.281million will take it up to a forecast spend this year of £12.7million Mid Devon District Council’s (MDDC) development company Three Rivers Development Ltd (3RDL) is being loaned more than £ 2 million from the authority. MDDC’s cabinet decided to loan the money at its September meeting. The leader of the council, […] Posted by: Mya Driver Read more
Planning application received for 117 room hotel project in Northern Quarter Sep 23, 2022 Acting on behalf of Manchester based developer, Jadebricks, Turley has submitted a planning application to Manchester City Council for an aparthotel in the Northern Quarter district of the city centre. The proposed redevelopment sits on the corner of Oldham Street and Spear Street and the development will be known as ‘Larard’s Still’. Designed by SimpsonHaugh, […] Posted by: Mya Driver Read more
Tees valley to be revealed as investment zone by chancellor Sep 23, 2022 The Tees Valley is set to become one of the first areas in the UK to pilot new economy-boosting Investment Zones designed to boost growth. The Chancellor of the Exchequer Kwasi Kwarteng is expected to make the announcement in the Government’s Growth Plan. Middlesbrough and Hartlepool are set be the first two areas put forward by the […] Posted by: Mya Driver Read more
Pitalia makes industrial purchase Sep 22, 2022 Pitalia has completed a sale and leaseback investment at a well-known industrial estate in Cheshire – a freehold of a 71,225 sq ft warehouse on the Winsford Industrial Estate for £3.58m. The warehouse will be leased back over ten years to an undisclosed tenant at a rent of £305,000 per annum with a tenant break […] Posted by: Mya Driver Read more
