MEPC Unveils Plans to Transform New Century House into an Upscale Hotel in Manchester’s NOMA Estate Sep 27, 2024 MEPC, a leading investor and developer, has announced ambitious plans to convert the iconic Grade II listed New Century House in Manchester’s NOMA district into an upscale hotel. The 14-storey office building, which has stood as a landmark of the city’s skyline, will undergo a major transformation to become a 196-room lifestyle hotel, blending historic […] Posted by: Deividas Krupstas Read more
GoldenTree Asset Management Acquires abrdn Property Income Trust for £351 Million Sep 27, 2024 GoldenTree Asset Management, the US-based owner of Travelodge, has announced the successful acquisition of abrdn Property Income Trust (API) for a total of £351 million. This significant transaction marks a major development in the UK property investment market and brings API’s managed wind-down process to a close. Under the terms of the deal, GoldenTree will […] Posted by: Deividas Krupstas Read more
£150m Wolverhampton scheme gets green light Sep 27, 2024 Wavensmere Homes has received planning approval from City of Wolverhampton Council for its £150m residential-led Canalside South development. The 17.5-acre former industrial site is located within the city centre – moments from the transport interchange – and benefits from frontage onto the Wyrley & Essington Canal and the Wolverhampton Branch of the Birmingham Main Line […] Posted by: Deividas Krupstas Read more
Emma McLaughlin-Edwards Joins Constructing Rainbows as Company Director Sep 26, 2024 Constructing Rainbows are excited to announce that Emma McLaughlin-Edwards has officially joined Constructing Rainbows as a new Company Director. Emma brings an extensive background in strategic leadership and a deep passion for advancing Equity, Diversity, and Inclusion (EDI) initiatives, making her an invaluable addition to their team. With over 20 years of industry experience, Emma’s […] Posted by: Mya Driver Read more
Aldi announces pavilion at UKREiiF 2025 Sep 26, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has announced that Aldi UK has secured a pavilion at the annual event taking place between 20th-22nd May 2025, in Leeds. Aldi, the UK’s fourth largest supermarket, has more than 1,020 stores in Britain and recently announced an ambitious £1.4bn two-year investment plan in expanding its […] Posted by: Mya Driver Read more
Puma Property Finance facilitates £17m loan to fund new care home in Leicester Sep 26, 2024 Puma Property Finance has facilitated a £17m loan to Cinnamon Luxury Care to deliver a new 73-bed care home in Thurnby, Leicester. This marks the first loan Puma has provided to Cinnamon Luxury Care and will help support the significant shortfall in quality care homes in the local area. The £17m loan will convert an […] Posted by: Deividas Krupstas Read more
English Cities Fund identified for West Northamptonshire project Sep 26, 2024 The agreement would enable the partnership to explore and shape planning, delivery, and funding for the largest brownfield regeneration opportunity within West Northamptonshire. Once established, the proposal would be subject to further approvals from both parties, expected to be in summer 2025. Greyfriars includes the former Greyfriars Bus Station, which was demolished in 2015, as […] Posted by: Deividas Krupstas Read more
£1bn investment secured in North Wales Sep 26, 2024 A major investment of over £1 billion in the redevelopment of Shotton Mill in Deeside, North Wales, will safeguard 147 jobs and create a further 220 when fully commissioned, the UK and Welsh governments have confirmed today. Cabinet ministers from both the UK and Welsh government will visit the historic industrial centre of Wales to […] Posted by: Deividas Krupstas Read more
Blackstone announces £10bn investment into UK AI data centre Sep 26, 2024 Blackstone has confirmed they’ll be investing around £10bn into the UK for an artificial data centre in Blyth, situated in the North East of England. The development will create 4,000 jobs including 1,200 during the construction period – with the project housed on the site formerly outlined for the BritishVolt battery plant which was set […] Posted by: Deividas Krupstas Read more
Vistry Group announces pavilion at UKREiiF 2025 Sep 25, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has announced that the Vistry Group have secured a pavilion at the annual event taking place between 20th-22nd May 2025, in Leeds. Vistry Group is a leading UK housebuilder specialising in affordable, mixed-tenure homes. As a responsible developer, they focus on creating sustainable homes and communities, […] Posted by: Mya Driver Read more
