Sussex councils’ £110m modular housing framework Apr 7, 2021 Two councils in Sussex have joined forced to create a four-year modular housing framework worth £110m. Lewes District Council (LDC) has taken the lead on behalf of Eastbourne Borough Council (EBC) and both are working on housing development programmes, primarily in the affordable sector. The estimated value of LDC’s portion of the framework is £41.25m, […] Posted by: Mark Flanagan Read more
New man at the helm for Knight Frank Apr 7, 2021 Global property consultancy Knight Frank today (April 7) announced it will have a new chairman and senior partner next year. William Beardmore-Gray will be stepping up from Head of the London Commercial and Global Occupier businesses to replace Alistair Elliott. The move will come into effect on April 1st, 2022 following an election in December. […] Posted by: Mark Flanagan Read more
Former power station in Kent set to be reborn as £1bn industrial park Apr 7, 2021 The owners of a redundant power station in Kent have submitted plans to convert the 279-acre site into an £1bn industrial park. Uniper UK’s 10-year Medway One project on the Hoo Peninsula incorporates a mixture of commercial, manufacturing and industrial spaces, along with the potential for storage, distribution and data centre uses. The application follows […] Posted by: Mark Flanagan Read more
Canadian pension fund refocuses on sustainable energy investments Apr 7, 2021 The powerful company managing the pension contributions of 20 million Canadians is intensifying its drive for sustainable energy opportunities by creating a new fund dedicated to that sector. The Canada Pension Plan Investment Board (CPP Investments) has almost $500bn of funds under management and last night announced it had formed the Sustainable Energy Group (SEG) […] Posted by: Mark Flanagan Read more
Watkin Jones maintains busy start to 2021 with Swansea student scheme Apr 7, 2021 Student accommodation specialist Watkin Jones has unveiled plans for a 350-bed facility in the centre of Swansea on the site of a former HMRC office. Since 1999 the company has delivered 43,000 student beds across 130 sites and identified the Welsh city as a hotspot with Swansea University student numbers having increased 11.5% over the […] Posted by: Mark Flanagan Read more
New data suggests 2021 set to be good year for construction Apr 6, 2021 The value of construction work that began in the first quarter of 2021 was 5% higher than the previous year according to data published today by Glenigan (April 6). The numbers are significant – the research covers developments valued at less than £100m – because the UK did not go into lockdown until March 26, […] Posted by: Mark Flanagan Read more
St Modwen partners with Oxford college on Worcester masterplan Apr 6, 2021 St Modwen has formed a joint venture with Merton College (Oxford) on a mixed-use development which is set to create up to 1,250 homes and 900,000 sqft of logistics space on a 240-acre site near Worcester. Located just off junction 7 of the M5, it forms part of a draft allocation for up to 10,000 […] Posted by: Mark Flanagan Read more
Hands set to get his fingers on Kier’s housebuilding arm Apr 6, 2021 Construction giant Kier is reportedly on the brink of selling its housebuilding arm to Guys Hands, the influential private equity founder of Terra Firma Capital. The sale of Kier Living is expected to raise in the region of £120m for a company that reported a pre-tax loss of £225m in its latest set of annual […] Posted by: Mark Flanagan Read more
100% increase in large-scale warehouse construction Apr 6, 2021 The rapid expansion of the logistics industry is reflected in new research released today (April 6) by Knight Frank which reveals twice as much large-scale warehousing will be built this year compared to 2020. According to the leading property consultancy, 40million sqft of new warehouse space in developments larger than 50,000 sqft is scheduled for […] Posted by: Mark Flanagan Read more
Historic Naval club building offers rare Mayfair redevelopment opportunity Apr 6, 2021 A rare Mayfair redevelopment opportunity has arisen with the freehold of The Naval Club building being put up for sale for £35m. Marketed via Gerald Eve or Wetherell, the imposing Grade II listed building (1,595 sqm) is located on a wide and deep corner plot, offering substantial accommodation over six floors. Thirty-eight Hill Street has […] Posted by: Mark Flanagan Read more
