Teesside and Humber carbon capture partnership rewarded with £73m funding Mar 17, 2021 Two North Sea-based initiatives that have joined forces to facilitate the capture of carbon dioxide were awarded more than £73m by the government today as part of its £1bn low-carbon capital grants announcement. The Net Zero Teesside carbon capture, utilisation and storage project will get more than £52m to accelerate the development of onshore and […] Posted by: Mark Flanagan Read more
Approval for housing-led redevelopment of former glassworks site in St Helens Mar 17, 2021 A joint-venture £200m residential-led development on the biggest brownfield site in St Helens has been given the go ahead by local planners. The 104-acre Cowley Hill Works project, which has been put together by BXB Land Solutions Ltd and Promenade Estates, includes building more than 1,100 homes and up to 43,000 sqft of flexible commercial space, […] Posted by: Mark Flanagan Read more
Government pledges more than £1bn to support low-carbon economy ambitions Mar 17, 2021 An ambitious blueprint to deliver the world’s first low-carbon industrial sector and more than £1bn in funding to cut emissions from industry, schools and hospitals was unveiled by the Business and Energy Secretary today. Building on the Prime Minister’s ’10-Point Plan for a Green Industrial Revolution’ published last year, the new Industrial Decarbonisation Strategy sets out the […] Posted by: Mark Flanagan Read more
Drive to create hydrogen production cluster in North West gets government backing Mar 17, 2021 The plan to make the North West a world-leading pioneer in the drive towards creating a hydrogen economy has received £33m in government backing as part of its Industrial Decarbonisation Challenge. HyNet North West is a collaboration between public and private sector organisations working towards creating a safe and efficient supply line of bulk, low-carbon […] Posted by: Mark Flanagan Read more
Network Space to breath new life into Manchester industrial site Mar 16, 2021 Network Space has exchanged contracts for the purchase of a prime 11.4 acre redevelopment opportunity in South Manchester. The site on Atlantic Street in Altrincham, which comprises 220,000 sq ft of industrial warehouse space, was until recently the HQ and trailer manufacturing site for the Cartwright Group. Acquired from the administrators for an undisclosed sum, […] Posted by: Mark Flanagan Read more
London Mayor’s £80m grant paves way for 1500 new homes on former Dagenham car plant Mar 16, 2021 Sadiq Khan today announced a landmark deal to secure more than 1,550 affordable homes on the former Dagenham Stamping Plant car works site in East London. The agreement, which involves an £80m grant from the Mayor’s Affordable Housing Programme, has enabled the Peabody housing association to acquire the 45-acre site from Europa Capital. The mixed-tenure development will provide […] Posted by: Mark Flanagan Read more
Hammerson reveals new look for former Debenhams store Mar 16, 2021 Hammerson, who this week announced a £1.6bn write down of its retail property portfolio, has submitted plans to redevelop the former Debenhams in Leicester into new homes for rent. The property investment company has worked jointly with private-rented-sector specialist Packaged Living, which has extensive experience of bringing forward high quality PRS schemes, to develop the […] Posted by: Mark Flanagan Read more
U+I win battle to build business park in Kent Mar 16, 2021 Regeneration specialist developer and investor U+I has secured planning consent to transform 30 acres of open green belt land in Kent into a new £225m green business community. This comes after the Secretary of State confirmed he did not wish to call in the application on the development planned for green belt and an Area of […] Posted by: Mark Flanagan Read more
Legal & General department head joins UKREiiF Advisory Group Mar 16, 2021 Legal & General’s Pete Gladwell joined the UKREiiF Advisory Group this week to become its 19th member. Pete, who is L&G’s Head of Public Sector Partnerships, joins a host of senior public and private sector professionals advising on the inaugural three-day networking, exhibition and conference super event in Leeds next year (May 17-19). Chaired by […] Posted by: Mark Flanagan Read more
LondonMetric reinvests in Milton Keynes warehouses Mar 16, 2021 Logistics specialist LondonMetric has bought two warehouses in Milton Keynes for £31.2m. The two properties have been acquired in separate transactions and comprise a 66,000 sqft unit, which is let to TalkTalk as a data centre and has been acquired for £23.9m, and a 42,000 sqft urban logistics warehouse which is three miles from the centre […] Posted by: Mark Flanagan Read more
