Nissan in advanced talks on new Sunderland based Gigafactory May 28, 2021 Car manufacturer Nissan are in advanced talks to build a major new gigafactory in Sunderland which will develop EV batteries. According to reports from the Financial Times and Construction News the plant in Sunderland could provide annual production of up to 20 gigawatt-hours in rated battery capacity – which could power 200,000 cars at the […] Posted by: Nathan Spencer Read more
Plans lodged for £58m mill redevelopment in Manchester May 28, 2021 Plans have been submitted to turn one of Manchester’s largest and oldest mills into a development of almost 300 flats and townhouses. Brunswick Mill on Bradford Road in Ancoats is Grade II listed and dates back to the 1840s. It is currently being used by a range of tenants including a textile business and as […] Posted by: Nathan Spencer Read more
Northern leaders urge for publication of multibillion-pound rail investment plan May 28, 2021 The North’s leaders call for urgent publication of the Integrated Rail Plan to give certainty over investment plans for the region’s railways, with numerous stakeholders pushing for its release including: Mayor of Greater Manchester Andy Burnham Mayor of Sheffield City Region Dan Jarvis Mayor of West Yorkshire Tracy Brabin Councillor Louise Gittins, Leader of Cheshire […] Posted by: Nathan Spencer Read more
PATRIZIA appoints new European Head of Asset Management May 28, 2021 PATRIZIA AG, a leading partner for global real assets, announces the appointment of Amal Del Monaco as its new European Head of Asset Management and chair of its country heads. Amal Del Monaco will join PATRIZIA from AXA IM Alts, a global leader in alternative investments with over EUR 157 billion of AUM, where she […] Posted by: Nathan Spencer Read more
£500m London Urban Village gains planning permission May 28, 2021 Weston Homes and partner Tesco have received a Resolution to Grant planning permission from the London Borough of Redbridge to transform the 10.4 acre Tesco store and carpark site at 822 High Road in Goodmayes into Lorimer Village, a new £0.5 billion mixed-use urban-village development. Lorimer Village will provide 1,280 new homes of mixed tenure, […] Posted by: Nathan Spencer Read more
Firms invited to bid for new £5bn housing delivery framework May 27, 2021 Developers and contractors of all sizes are being invited to bid for a new tailored housing delivery framework covering the south of England. Public procurement body Southern Construction Framework estimates its new Residential Delivery and Development Framework could be worth as much as £5.2bn over four years. Under the body’s existing construction framework, SCF has […] Posted by: Nathan Spencer Read more
Energy giant SSE commits to £7.5bn investment strategy as they continue net zero drive May 26, 2021 SSE has today posted a rise in profit for the full year as the energy giant pushed ahead with its strategy of reaching net zero carbon emissions. The FTSE 100 firm posted adjusted profit before tax of £1.06bn in the year to the end of March, up 4% from the previous year, with investment and […] Posted by: Nathan Spencer Read more
£400m of investment into upgrading rail announced by Government May 26, 2021 Investment for Transpennine route upgrade, increased freight capacity between the Port of Southampton and Midlands plus new stations at Exeter and Leeds. extra £317 million investment into major Transpennine route upgrade to make train journeys across the north faster, greener and more convenient new stations set to open in Leeds and the south-west, alongside significant […] Posted by: Nathan Spencer Read more
Watkin Jones submits plans for schemes in Guildford and Swansea May 26, 2021 Watkin Jones, the UK’s leading developer and manager of residential for rent homes, with a focus on the build to rent (BtR), co-living and student accommodation (PBSA) sectors, has announced submission of planning applications for its first PBSA scheme in Guildford, as well as submission for a PBSA scheme in Swansea. Alex Pease, Chief Investment […] Posted by: Nathan Spencer Read more
New challenger bank GBB appoints Sue Hayes as CEO May 26, 2021 GBB, a new bank focused on lending to underserved regions of the UK, has announced the appointment of Sue Hayes as its CEO. GBB will be a dedicated lender to SME property developers in key underserved UK regions, with a focus on regional property developers, initially in the North East, and will support the levelling […] Posted by: Nathan Spencer Read more