Plans approved for Embassy Village to tackle homelessness Jul 30, 2021 A pioneering initiative to create a new community for the city’s homeless and vulnerable men has been given the green light by Manchester City Council. Manchester-based charity, Embassy, has joined forces with regeneration business Peel L&P and social impact developer CAPITAL&CENTRIC, as well as a pro bono team across the Manchester business community, to develop […] Posted by: Nathan Spencer Read more
Double coup for Muse Developments as they announce new hires Jul 29, 2021 Muse Developments is delighted to announce that Elizabeth Wright and Robert Allan have joined Muse’s southern team at Soho Square, as part of the business’ continued strategic expansion. Elizabeth joins the business as a senior development manager from London & Regional, where she focussed on delivery of a range of hotel schemes in the UK […] Posted by: Nathan Spencer Read more
Council unveils bold new plans to shape the district’s future transport Jul 29, 2021 Bradford Council, in partnership with the West Yorkshire Combined Authority, has launched a major public consultation on a flagship programme of forwarding-thinking transport and place-making schemes to drive forward Bradford’s future regeneration. The four proposed schemes would create a more attractive and pleasant civic centre for the district, designed for people to mill about, enjoy […] Posted by: Nathan Spencer Read more
US investor KKR form JV with Gary Neville’s Relentless for £200m scheme Jul 28, 2021 Relentless today announces a joint venture with KKR to deliver the St Michael’s development in central Manchester. Initial work on the site is expected towards the end of the year in the commercial phase of the project. The joint venture, KKR’s first real estate investment in Manchester, will combine Relentless’s local knowledge and operational expertise […] Posted by: Nathan Spencer Read more
Masterplan submitted for 1,000 home community development Jul 28, 2021 A detailed masterplan for a major mixed-use development between the approaches for both of the Forth road crossings has been submitted. CALA Homes (East) will lodge proposals for 980 homes, a new primary school, as well as provision for a care home, foodstore, drive-thru restaurants and petrol station, south of Builyeon Road on the southern edge […] Posted by: Nathan Spencer Read more
New National Disability Strategy to enhance job support, housing, transport and opportunities launched Jul 28, 2021 Disabled people set to benefit from plans to upgrade job support and opportunities, housing and transport as part of a new National Disability Strategy Improving accessibility of homes, £300m investment in support for children with special educational needs and disabilities in schools and an online work passport to help disabled students move seamlessly from education to […] Posted by: Nathan Spencer Read more
UK Government set to nationalise Sheffield steel business Jul 28, 2021 Steel company Sheffield Forgemasters is set to be nationalised in a £2.6m deal with the Ministry of Defence. The government said it intends to invest up to £400m in the historic business for “defence-critical plant, equipment and infrastructure” over the next decade. The 215-year-old manufacturer plays a key role in the UK’s nuclear submarine supply […] Posted by: Nathan Spencer Read more
Fortunis Capital embarks on major drive with £500m AuM deals Jul 28, 2021 UK venture capital firm Fortunis Capital is embarking on a “major drive” to invest in wealth management businesses. London-based Fortunis is looking at “ambitious wealth managers” across the UK and “is currently closing the first set of deals with a combined £500m ($682m, €580m) in assets under management” (AuM). It aims to have completed its […] Posted by: Nathan Spencer Read more
Aviva Investors strengthen real estate long income team Jul 28, 2021 Aviva Investors, the global asset management arm of Aviva plc, representatives of which will be attending UKREiiF, has today announced the strengthening of its Real Estate Long Income (RELI) team with a double hire. Todor Valevhas been appointed as Assistant Fund Manager of the European Real Estate Long Income Fund (E-RELI), reporting to Renos Booth, […] Posted by: Nathan Spencer Read more
Industrial demand at a peak according to LCP Jul 28, 2021 A flurry of new lettings at one of Europe’s biggest secure industrial and business estates, in the Black Country, is signalling growing confidence in the industrial market. LCP, the national commercial property and investment company, says demand for industrial property is at a peak, with voids at The Pensnett Estate in Kingswinford now under 1% […] Posted by: Nathan Spencer Read more