Government pledges £233 million infrastructure funding to bring dockland site back to life Sep 22, 2022 Homes England will provide £233m of infrastructure loan funding to bring to life a new £3.5bn neighbourhood at Silvertown, East London as part of one of the country’s most significant regeneration projects. Sitting within London’s only Enterprise Zone at the Royal Docks, the Silvertown site in Newham has been derelict for the last 40 years […] Posted by: Mya Driver Read more
Tristan Capital Partners and Bricks Group Expand PBSA Portfolio via £110m Liverpool Acquisition Sep 22, 2022 Tristan Capital Partners’ CCP 5 Fund along with its joint venture partner, Bricks Group, has acquired a 999-bed purpose-built student accommodation asset in the city of Liverpool from Aura Investors LLP for £110 million. Liverpool is one of the UK’s leading university centres with more than 70,000 students and five Higher Education Institutes including the […] Posted by: Mya Driver Read more
Flexible new credit facility further strengthens AIPUT’s responsible financial firepower to expand across the UK industrial gateway real estate market Sep 22, 2022 abrdn’s AIPUT fund (Airport Industrial Property Unit Trust) has announced the completion of a new £350 million senior secured sustainability-linked credit facility (“Facility”) to enable a new chapter of diversified, responsible investment growth. The Facility consists of a split term loan and revolving credit facility structure, with an initial committed term of five years. The […] Posted by: Mya Driver Read more
Angus Council not against £40m battery storage plant Sep 22, 2022 Angus Council is not opposed to a £40 million battery storage plant near the border with Dundee capable of holding enough power to supply 35,000 homes a year. The 80 megawatt proposal would be the largest of its kind in the county. Proposals for the site near Duntrune first emerged earlier this year. A second […] Posted by: Mya Driver Read more
£14M Swansea Sea Defence Plan gets go-ahead Sep 22, 2022 The £14M plans to defend the community of Mumbles from flooding and rising sea levels will now move towards construction, a phased approach from late this year to around summer 2024. The 1.2km project – from Knab Rock slipway to Oystermouth Square – underwent a number of rounds of public consultation and secured planning approval […] Posted by: Mya Driver Read more
Port Talbot and Milford Haven launch joint freeport bid Sep 22, 2022 A freeport bid consortium consisting of Associated British Ports, Neath Port Talbot Council, Pembrokeshire County Council and the Port of Milford Haven has been launched to explore the case for a green freeport in South-West Wales. Both Neath Port Talbot and Pembrokeshire have exciting, shared opportunities for nationally significant energy infrastructure to support the development […] Posted by: Mya Driver Read more
£34m funding secured to bring forward Sheffield logistics scheme Sep 22, 2022 Trammell Crow Company (TCC), a leading global developer and investor in commercial real estate, has secured a development loan of £34 million against its site in Sheffield, UK, from the South Yorkshire Pensions Authority (SYPA). On the 20-acre site on Shepcote Lane, half a mile from Junction 34 of the M1 motorway and in an […] Posted by: Mya Driver Read more
Stena buys Anglesey Aluminium site for Holyhead expansion Sep 22, 2022 Swedish port and ferry operator Stena Line has today announced it has finalised a deal to purchase a major investment site close to its Holyhead Port, in Anglesey, North Wales. The Company has secured the winning bid for the 213-acre Eco Parks’ former Anglesey Aluminium site in Holyhead, which is a key strategic commercial and […] Posted by: Mya Driver Read more
Sainsbury’s to offload £500m store portfolio to LXi REIT Sep 21, 2022 LXi REIT the commercial property investor on the FTSE-250 index is expected to purchase nearly 20 Sainsbury’s freeholds. Sainsbury’s is in talks to sell 18 stores in southern England to property investor LXi REIT for about 500 million pounds. Both companies said they were discussing a sale and leaseback deal. LXi REIT said it would […] Posted by: Mya Driver Read more
Stockport County FC launch public consultation on proposals to expand and improve Edgeley Park to 20 000 seats Sep 21, 2022 The long-term aspirations of Stockport County Football Club take a significant step forward today with the launch of a public consultation inviting views on proposals to expand and improve the stadium at Edgeley Park. The consultation, which is the first of two phases, will include consultation events for local residents and Club supporters to come […] Posted by: Mya Driver Read more
