Chancerygate to acquire Salford stadium site for industrial scheme Jul 6, 2022 Chancerygate is set to become the latest name to continue the major industrial development around the AJ Bell Stadium in Salford – as they’re on the verge of acquiring a 4.5-acre site. The site has been sold to the developer by CosCos – the JV partnership between Salford City Council and Peel L&P – who […] Posted by: Mya Driver Read more
Impact Healthcare REIT raised £22m ahead of acquiring six portfolios for £169m Jul 6, 2022 Impact Healthcare REIT has raised £22.3m in a placing and offer for subscription. The group said the proceeds would be used with existing resources to acquire a pipeline of care home investments. The group is in advanced negotiations to acquire six portfolios, consisting of 27 separate care homes, for a total of £169m. Existing resources include £70m of […] Posted by: Mya Driver Read more
Peel NRE gets go-ahead for UK’s first £165m plastics recycling park Jul 6, 2022 Cheshire West and Chester Council’s have given the green light for Peel NRE to develop the UK’s first plastics recycling park for Protos Place Park at Inces Marshes. The £165m scheme, near Ellesmore Port will create more than 250 jobs for the local economy and process 367,000 tonnes of plastic each year. The project also […] Posted by: Mya Driver Read more
£45bn of infrastructure projects proposed by Transport for the South East Jul 6, 2022 Ideas by Transport for the South East to transform infrastructure across the South Coast have been launched through a new document – which includes a new underground line to create a more direct route between Southampton and Portsmouth. Plans totalling around £45bn are included within the document – with a key piece being the new […] Posted by: Mya Driver Read more
Meadow Partners acquires Grade A London workspace in £26m deal Jul 6, 2022 Leading property consultancy Allsop, acting jointly alongside Anton Page, has completed on the sale of the freehold of a Grade A workspace in Aldgate, central London, on behalf of Maurice Investments for £26 million. Acquired by Meadow Partners, the price is equivalent to approximately £960 per sq ft and a net initial yield of 5%. […] Posted by: Mya Driver Read more
Harworth sells land in £39m to Barratt and David Wilson Homes Jul 6, 2022 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces two residential land parcel sales at its Waverley and Thoresby Vale developments to Barratt and David Wilson Homes, for a total consideration of £39 million. At Waverley in South Yorkshire, Harworth has competed a £29 million land sale which […] Posted by: Mya Driver Read more
Iconic power station site will continue to be key part of Warrington’s economic future Jul 5, 2022 The site of an iconic power station which helped to support Warrington’s economy over the past 50 years will continue to secure much-needed future investment for the town and wider region after a change in ownership. Natural resources and energy company Peel NRE, part of regeneration business Peel L&P, has acquired the Fiddler’s Ferry Power […] Posted by: Mya Driver Read more
Four-storey Health Innovation Hub planned for Glasgow Jul 5, 2022 Kadans Science Partner is looking to develop a disused car park in Govan – with a 6,000sq m 4-storey development taking its place. The scheme – set to be delivered in partnership with the University of Glasgow and Scottish Enterprise – would see the creation of a new precision medicine health innovation hub. The scheme […] Posted by: Mya Driver Read more
Government funding to bring £3.5bn dockland neighbourhood to life Jul 5, 2022 Homes England will provide £233m of infrastructure loan funding to help bring forward a new £3.5bn neighbourhood at Silvertown in East London – 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 and […] Posted by: Mya Driver Read more
Rolls Royce shortlists six sites for nuclear reactor factory Jul 5, 2022 Rolls-Royce has moved forward in their bid to develop new Small Modular Reactors (SMRs) across the UK by highlighting six locations where they may look to develop a new factory which builds nuclear reactors. The UK Government is looking to build 16 SMRs in the next 25 years – as the Government looks to enhance […] Posted by: Mya Driver Read more
