Proposals for up to 250 student flats on Church Road unveiled Sep 22, 2022 A proposal that could see the former Co-operative Funeralcare site on Church Road turned into student accommodation has been revealed. The new vision for the brownfield land would see up to 250 flats built in buildings up to six-storeys high, along with car and cycle parking spaces and landscaping. People are invited to give their feedback on […] Posted by: Mya Driver Read more
Homes England makes cornerstone investment in new development finance fund Sep 22, 2022 Homes England, alongside Greater Manchester Pension Fund, clients of listed wealth manager Mattioli Woods and other private institutional investors, have committed £80m to the Initial Close of the Newstead SME Real Estate Lending Fund (RELF). The Fund is to be managed by specialist fund manager Newstead Capital and the intention is to grow the fund […] Posted by: Mya Driver Read more
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
