Frontierland development opportunity launched by Lancaster Council Sep 21, 2022 The city council is seeking expressions of interest from developers to work on a prominent prime seafront location in Morecambe. The 7.4-acre Frontierland site has been vacant since the theme park closed in 1999. Lancaster City Council is open minded as to how the land might be redeveloped, seeking expressions of interest from “all sectors […] Posted by: Mya Driver Read more
M7 Capital provides £16.3 million loan to support acquisition of three retail assets Sep 21, 2022 M7 Capital (“M7C”), a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a c. £16.3 million loan to Willow Nominees Limited. The loan is secured against two modern retail parks and a shopping centre comprising multiple units extending to a total of c. 220,700 […] Posted by: Mya Driver Read more
Puma Property Finance provides £33m development finance facility to transform iconic building in the heart of Basingstoke into one of the greenest workspaces in the Southeast Sep 21, 2022 Puma Property Finance today announces it has provided a £33m development finance facility for the iconic Mountbatten House in Basingstoke. The development will see the transformation of a remarkable Grade II listed building into a sustainable and cutting-edge workspace with a wellness offering and extensive amenities. The project is being led by highly experienced counterparties […] Posted by: Mya Driver Read more
Aviva Investors provides £105 million in refinancing for portfolio of regional logistics assets Sep 21, 2022 Aviva Investors, the global asset management business of Aviva plc, announces that it has provided £105 million of refinancing to South African specialist industrial REIT Equites Property Fund, secured against a portfolio of five regional distribution assets across the UK. The investment was made on behalf of Aviva UK Life’s annuity business. As part of […] Posted by: Mya Driver Read more
New Cambuslang town centre retail plans submitted Sep 20, 2022 Plans for a new town centre retail development at Newton Farm in Cambuslang, Scotland have been submitted by Crucible Developments. This will be a part of the multi-million-pound development to create over 2,000 new homes, two new primary schools, a park and ride hub, plus a new purpose-built neighbourhood retail centre. This new district is […] Posted by: Mya Driver Read more
Ashby and Native Land to create life sciences hub in King’s Cross Sep 20, 2022 Ashby Capital and Native Land have secured planning to transform a King’s Cross office into a life sciences space. The partners’ plans to reconfigure 105 Judd Street, WC1, as 70,000 sq ft of lab-enabled workspace in the heart of London’s Knowledge Quarter have been approved. Montrose Land and Developments Ltd, a private real estate investment company […] Posted by: Mya Driver Read more
Verdion Commits to 1.75 Million Square Feet of Doncaster logistics space Sep 20, 2022 Verdion today announces a major £300 million speculative development programme that will deliver all remaining warehouse capacity at iPort, the 6 million sq ft multimodal logistics hub just outside Doncaster. Totalling 1.75 million sq ft, this final stage of development at iPort will offer five buildings from 82,000 sq ft upwards, with delivery from June […] Posted by: Mya Driver Read more
Riverside plans £60m Cheshire regeneration Sep 20, 2022 The social housing provider plans to breathe new life into the Halton Lea area with a redesign of the local centre, new mixed-tenure housing in Palace Fields and improvement of Hallwood Park. Estimates put the project cost at £60m over 10 years with a further £30m in public funding. Still in its early design stages, […] Posted by: Mya Driver Read more
Kwarteng will announce planning deregulation zone policy on Friday Sep 20, 2022 Reports say Kwasi Kwarteng will announce plans for a number of low-tax investment zones, where planning rules and other regulations will be eased to boost development. The chancellor is expected to include plans for the new zones in Friday’s tax-cutting “mini-budget”. According to the Guardian, planning regulations will be relaxed in up to 12 places […] Posted by: Mya Driver Read more
Plans for UK’s longest road tunnel Sep 20, 2022 Transport for South East (TfSE) have tabled ambitious plans to ease congestion on the A27 in the South East by creating the UK’s longest road tunnel. The plans were supported by Worthing Borough Council council at a meeting earlier this month. Plans for the road tunnel would cost roughly £2bn as part of TfSE’s Strategic […] Posted by: Mya Driver Read more
