Greater Manchester CA set to approve brownfield redevelopment grants allocation Mar 25, 2021 BROWNFIELD land across Greater Manchester is set to be converted into sites for more than 2,700 new homes, as part of the second phase of a £97m development fund. At a meeting of the Greater Manchester Combined Authority (GMCA) tomorrow (Friday, March 26), leaders are expected to approve an allocation of £41m to develop a […] Posted by: Mark Flanagan Read more
Councils unite for ambitious £5bn East Midlands regeneration plan Mar 24, 2021 Five councils in the East Midlands today announced they have joined forces to create a £5bn regeneration plan across three huge sites in the region. Nottinghamshire and Leicestershire County Councils have partnered with Broxtowe Borough, Rushcliffe Borough and North West Leicestershire District Council to fund an interim body that will eventually become the East Midlands […] Posted by: Mark Flanagan Read more
Former Liverpool distillery set for new life as multi-let industrial hub Mar 24, 2021 Network Space has acquired a high-profile 28-acre industrial site in Liverpool, for an undisclosed amount. The Sovereign Distillery comprises 446,151 sqft of space and was the former headquarters of Halewood Artisanal Spirits PLC, a family-owned producer of world-famous artisanal wines, spirits and beers which has operated from the site at Huyton Business Park since 2000. […] Posted by: Mark Flanagan Read more
Planning relief for £500m Oxford life sciences district mega development Mar 24, 2021 Oxford City Council has finally given the go ahead for a £500m life sciences district on the edge of the city. Ten years after it was first mooted, the Oxford North development, which is the brainchild of St John’s College’s development company Thomas White Oxford (TWO), will incorporate new laboratories and workspaces for biomedical science, […] Posted by: Mark Flanagan Read more
UK industrial sites prove appealing to Kennedy Wilson Mar 24, 2021 Global asset management company Kennedy Wilson is set to double the value of its UK portfolio in just six months when it completes deals worth £140m in the next few weeks. The purchases will lift the American company’s industrial portfolio value to £440m, across 3.8 million sqft, and it is also targeting further acquisitions in […] Posted by: Mark Flanagan Read more
Abu Dhabi fund to commit billions to innovative UK projects Mar 24, 2021 The Abu Dhabi sovereign wealth fund that specialises in innovative companies is reportedly set to invest £4bn in life sciences, technology, clean energy, health and infrastructure in the UK over the next five years. The $232bn Mubadala fund was set up by the oil-rich Emirate’s rulers to diversify its interests and has been increasingly targeting […] Posted by: Mark Flanagan Read more
Knight Frank bets on Fifth Wall’s European adventure paying dividends Mar 23, 2021 Global property consultancy Knight Frank today announced it is investing in venture capitalist Fifth Wall’s $100m European Real Estate Technology Fund (ERETF). The Californian firm are hoping to accelerate innovation across European property sectors and replicate the success of its Fund I and Fund II, which were focused on investing primarily in US-based real estate […] Posted by: Mark Flanagan Read more
Government commits £562m to decarbonising social housing Mar 23, 2021 50,000 homes will be upgraded with green improvements from a £562m fund, the government announced today (March 23). The funding will enable more than 200 local authorities across England and Scotland to fund a nationwide upgrade of the UK’s least energy efficient and fuel-poor homes. This will help to transform over 50,000 low-income households and […] Posted by: Mark Flanagan Read more
CEG submit plans for hi-tech development in Leeds Mar 23, 2021 Developers CEG has submitted a planning application seeking to revitalise a disused warehouse site in Leeds for Yorkshire-based global diagnostics and drug development company Labcorp. CEG would manage the delivery of the new facility and aims to enable occupation by Summer next year. It would include a 100-bed clinic, pharmacy and Labcorp’s UK office headquarters. […] Posted by: Mark Flanagan Read more
Historic decisions to be made on Birkenhead Mar 23, 2021 An eight-week consultation on the proposed transformation of Birkenhead begins tomorrow (March 24). The proposals are outlined in a major document called the Birkenhead 2040 Framework and are outlining the most radical changes to Birkenhead since the 1947 Town Plan, making the most of its history and heritage using William Laird’s town grid which he […] Posted by: Mark Flanagan Read more
