Electricity distributors announce £7.7bn investment plans Jul 5, 2021 Electricity distributors UK Power Networks and Northern Powergrid have outlined business plans backed by £4.5bn and £3.2bn of spending respectively, both with a heavy focus on low-carbon generation and technologies. UK Power Networks, which supplies electricity across London, the South-East and East of England, stated that it has developed its new draft business plan for 2023-2028 with […] Posted by: Nathan Spencer Read more
HS2 announces new landmark as 700,000 trees planted – creating 100 new habitats Jul 5, 2021 700,000 trees have been planted of the 7 million planned across the Phase One route. 118 environmental sites now home to a range of species including amphibians, dragonflies, otters, great crested newts, reptiles and badgers. HS2’s Woodland Fund has allocated over £1.2m as part of a grant scheme managed by the Forestry Commission, with another […] Posted by: Nathan Spencer Read more
Bruntwood signs £280m sustainable-linked loan facility with Aviva Investors Jul 5, 2021 The 15-year deal sees the company consolidate and extend the maturity of its long-term funding facilities until 2036 by refinancing an existing credit line and extending the term of the existing £121m Aviva facility, originally due to mature in 2031. As it continues to accelerate its decarbonisation as part of its net zero goals for […] Posted by: Nathan Spencer Read more
Student Roost agrees major funding deal in Nottingham Jul 4, 2021 Brand new property in Nottingham to open in 2022 703 beds Adjacent to current Student Roost property, Nottingham Two, and University of Nottingham’s Jubilee Campus Leading student accommodation owner/operator Student Roost has exchanged contracts on a major deal to purchase a prime new 703 bed property in Nottingham. Currently called Deakins Place, the property is […] Posted by: Nathan Spencer Read more
Retailer John Lewis plans residential entry to build 10,000 homes Jul 4, 2021 John Lewis has announced plans to move into the residential property market by building 10,000 homes for rental over the next few years. The department store chain said it wanted to address the national housing shortage and support local communities. It said the plans would give the firm a stable, long-term income, as well as […] Posted by: Nathan Spencer Read more
Tulchan Developments announces plan for 40-acre ‘build to suit’ logistics project Jul 1, 2021 Tulchan Developments has is set to launch a new logistics development at Eurocentral in response to the growing ‘build to suit’ market. Orchard Park will be a 40-acre site that can deliver up to 400,000 sq ft of stock in the prime logistics location. Gavin Robertson of Tulchan said: “We are delighted to be bringing this opportunity […] Posted by: Nathan Spencer Read more
Deeley Freed gets green light for brownfield development in Bristol Jul 1, 2021 Plans to turn a brownfield site in Bedminster in Bristol into student flats and offices have been approved by the city council. The site between Dalby Avenue and Whitehouse Lane is currently occupied by a car park, car repair business and car sales business. Local developer Deeley Freed’s mixed-use scheme will provide 819 student-bed spaces, […] Posted by: Nathan Spencer Read more
Harrow Estates achieve inclusion in Local Plan for 1,200-home development Jul 1, 2021 East Hampshire District Council’s updated Local Plan has identified a new site near Alton for a 1,200-home development. The district council announced on Monday it has earmarked Chawton Park Farm, west of Alton, as the “most sustainable area to develop” following the council’s Large Site Consultation held at the end of 2019. The site, sandwiched […] Posted by: Nathan Spencer Read more
SP Energy Networks launch £3.2bn investment plan Jul 1, 2021 SP Energy Networks has launched a draft of its £3bn-plus investment roadmap to increase capacity to meet UK’s net zero ambitions. The £3.2bn RIIO-ED2 business plan draft details the networks’ proposed upgrades in anticipation of increased demand from over 670,000 electric vehicles and 370,000 domestic heat pumps, expected to come online in the next decade […] Posted by: Nathan Spencer Read more
Hull and the Humber to exhibit at UKREiiF Jul 1, 2021 UKREiiF – the UK’s Real Estate Investment and Infrastructure Forum – whose Advisory Group is Chaired by Lord Kerslake, brings together the public and private sectors to support the ambition for the UK to Build Back Better. The UK’s Real Estate Investment and Infrastructure Forum, better known as UKREiiF, has secured Hull and the Humber […] Posted by: Nathan Spencer Read more
