Federated Hermes swoops for Nottingham retail site Jan 26, 2022 Federated Hermes has acquired a 85,387 sq ft retail site in Nottingham city centre in a £21.65m deal. The 1.4-acre site previously belonged to Abrdn. The deal was completed through Knight Frank and Jackson Criss. The property, which lets to occupiers such as Tesco, Primark, Greggs and Tui, is situated at 4-13 Long Row and […] Posted by: Mya Driver Read more
Bentley reveals £2.5bn investment plan as firm moves towards EV’s Jan 26, 2022 Bentley’s first-ever Battery-Powered Electric Vehicle (BEV) will be developed and built in the UK with the company committing to investing £2.5 billion in sustainability over the next ten years. The announcement is a major boost for the UK economy and also helps secure Bentley’s first step into electrification at the production plant, where all Bentley […] Posted by: Mya Driver Read more
£1.6bn investment strategy across Northern Ireland unveiled Jan 26, 2022 A long-awaited new investment strategy for Northern Ireland will inject around £1.6bn a year in key infrastructure for the region, it’s been revealed. First Minister Paul Givan and Deputy First Minister Michelle O’Neill have published the Executive’s new draft Investment Strategy for Northern Ireland. The plans sets out a funding and planning model for investment […] Posted by: Mya Driver Read more
PIC invests £130m into Wirral Waters scheme Jan 26, 2022 Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, has completed a £130 million investment in Wirral Waters One (“WWO”), the cornerstone residential scheme for the broader development of Peel L&P’s Wirral Waters, a 500-acre brownfield site and former dockland. Regeneration specialists Peel L&P has launched a 30-year strategy which will […] Posted by: Mya Driver Read more
UK healthcare market shows resilience as sector recovers from the pandemic Jan 26, 2022 The UK healthcare property market showed resilience against the impacts of the pandemic, with operators reporting recovering occupancy levels and stronger than expected margins, according to global property adviser Knight Frank. Knight Frank’s latest UK Healthcare Property Market Overview shows that occupancy rates in the elderly care market were down 9.7% year-on-year in 2021, averaging […] Posted by: Mya Driver Read more
Lord McLoughlin confirmed as Chair of Transport for the North Jan 26, 2022 The North’s political and business leaders have approved the appointment of Lord Patrick McLoughlin as the next Chair of the Transport for the North Partnership Board and Board. Lord McLoughlin has had an extensive career in UK politics for more than 30 years, serving as the Member of Parliament for Derbyshire Dales between 1986 and […] Posted by: Mya Driver Read more
Sanctuary’s sustainability and climate change lead joins UKREiiF line-up Jan 26, 2022 At the inaugural UKREiiF event in Leeds between 17-19 May 2022, Sanctuary’s Donna Williams will join a discussion focused on the residential green retrofit agenda. Sanctuary, one of the UK’s largest housing associations and landlord to more than 105,000 properties, will be represented at UKREiiF by Donna Williams, Group Director of Sustainability and Climate Change. […] Posted by: Mya Driver Read more
SevenCapital partners with MARK on £500m London residential scheme Jan 25, 2022 Leading UK developer SevenCapital has acquired a 50% stake in a landmark £500 million prime scheme in Kensington, with pan-European real estate investment manager MARK holding the other 50%. The project, located at 100 West Cromwell Road, will deliver 462 high quality new homes in this highly sought-after location, including 40% affordable housing. Today’s announcement marks the […] Posted by: Mya Driver Read more
£2.5bn injection to deliver 18,000 homes across Greater Manchester Jan 25, 2022 Greater Manchester Housing Providers (GMHP), a unique partnership of regional housing providers working together to make a positive different to people and communities, have released major plans to develop 18,000 new homes across the region in the next 5 years. It forms part of their vision to deliver 50,000 new and affordable homes by 2037 […] Posted by: Mya Driver Read more
BP submits Government bids over major clean energy projects Jan 25, 2022 Tees Valley Mayor Ben Houchen has welcomed news that global energy company bp has today (25 January) submitted bids to government to secure support for two major low carbon energy projects in the region. The bp-operated Net Zero Teesside Power project (NZT Power) and bp’s H2Teesside hydrogen project have submitted bids into Phase 2 of […] Posted by: Mya Driver Read more
