Investec and Galliard Homes agree £18m deal for office to resi conversion Oct 6, 2021 Investec Real Estate announces that it has provided Galliard Homes, the leading South East focused residential property developer, with an £18 million senior facility to fund the development of a 109-unit residential scheme at Newacre House, in East Grinstead, West Sussex. The 27-month loan will enable Galliard to convert two of the five interconnecting, multi-storey […] Posted by: Mya Driver Read more
Site for 394 student homes acquired in Stratford Oct 6, 2021 Watkin Jones, the UK’s leading developer and manager of residential for rent homes, is pleased to announce that it has acquired a one-acre site in Stratford, East London on an unconditional basis. Watkin Jones are preparing plans for a new development comprising 394 student homes as well as commercial space at street level. 2020 Capital […] Posted by: Mya Driver Read more
SEGRO and Schroders complete UK industrial asset swap Oct 4, 2021 SEGRO and Schroders have completed a property swap transaction in which SEGRO has acquired from Schroders a 256,000 sq ft urban warehouse estate in West London for £140 million and Schroders has acquired from SEGRO a portfolio of UK big box and urban assets totalling 880,000 sq ft for £205 million. The balance of £65 […] Posted by: Mya Driver Read more
AHTO (Affordable Homes to Own) to invest £1bn in housing across the UK Oct 4, 2021 AHTO Group Ltd (AHTO) ‘Affordable Homes to Own’ has announced plans to help those finding it difficult to buy their own home, by investing £1 billion over the next five years in Intermediate Rent-to-Buy homes. These will be acquired from shared ownership or private sale housebuilders in cities and towns across the UK; AHTO will […] Posted by: Mya Driver Read more
Watkin Jones project receives green light as they continue major development growth across UK Oct 1, 2021 Watkin Jones, the UK’s leading developer and manager of residential for rent homes, is pleased to announce it has received resolution to grant planning permission for a 523 student home scheme on Elliott Road in Selly Oak, Birmingham. The committee approved the plans with nine votes in favour and one against. Welcoming the decision of […] Posted by: Mya Driver Read more
Pocket Living secures funding to accelerate housing delivery Sep 30, 2021 Affordable housing developer Pocket Living has announced that it has secured a £6.6 million debt facility with Pluto Finance, a leading provider of finance for property developers and investors. This represents the first deal with Pluto Finance, which is a 12-month facility secured against its Harbard Close asset in Barking. This will accelerate the deployment […] Posted by: Mya Driver Read more
Orchard Street accelerates timeline to meet ESG targets with launch of ambitious net zero carbon pathway Sep 30, 2021 Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, announces an acceleration of its ESG efforts through the launch of its net zero carbon pathway. Following the launch of Orchard Street’s net zero carbon targets in January, the pathway outlines two new and ambitious commitments: to become a net zero carbon business […] Posted by: Mya Driver Read more
M7 to list £120 million retail warehouse portfolio on IPSX Sep 30, 2021 M7 Real Estate has announced that an application is intended to be made by M7 Regional E-Warehouse REIT PLC for the admission of the Company’s shares to trading on the Wholesale segment of IPSX by way of an introduction. On Admission, the Company proposes to acquire a £120 million portfolio of UK retail warehouse assets […] Posted by: Mya Driver Read more
Cordia Blackswan unveils masterplan for Great Hampton Street Sep 30, 2021 Birmingham-based developer, Cordia Blackswan has announced its masterplan for the enhancement of Birmingham’s Great Hampton Street. The road, which connects the Hockley area of the city to the Colmore Business District at Snowhill, was once a key gateway to the Birmingham’s prestigious Jewellery Quarter, but over recent years has suffered from underinvestment. Featuring four […] Posted by: Mya Driver Read more
UKREiiF: The key ingredients to Levelling Up in Greater Manchester Sep 29, 2021 UKREiiF hosted a high-level dinner event attended by an assortment of key stakeholders allied to Greater Manchester’s development, investment and economic growth vision last week – building momentum towards UKREiiF in May 2022. Capital and Centric’s cloud kitchen at their Kampus scheme- operated by the team behind award winning Tine Restaurant- was the backdrop to […] Posted by: Mya Driver Read more
