Another huge win for North East as Teesside port selected to house new wind turbine factory Mar 11, 2021 A global offshore wind manufacturer will build a state-of-the-art turbine blade manufacturing factory on Teesworks it was announced last night. A deal was struck with French powerhouse GE Renewables Energy for its new facility to be based in the North East, ahead of another location in France. It will sit alongside a new port being […] Posted by: Mark Flanagan Read more
Multi-layered Congleton development set for approval Mar 10, 2021 A project to breathe new life into 57 acres of redundant farmland near Congleton Business Park is due to be approved by local planners this week. Richborough Estates has developed an innovative mixed-use scheme to include up to 175 homes, a 19,000 sqft food store, office space (37,000 sqft), light industrial use (93,000) and warehousing […] Posted by: Mark Flanagan Read more
Profits surge for industry leaders Tritax Big Box Mar 10, 2021 Leading UK warehouse developer Tritax Big Box today announced a 20% rise in profits and laid out its long-term strategy to enhance its portfolio which is now valued in excess of £4.4bn. The FTSE 250-listed company’s full-year results for 2020 reflected the strength of the logistics sector as Tritax’s profits jumped to £147.5m, in part […] Posted by: Mark Flanagan Read more
Manchester property developers tie up deal to transform supermarket site in Stockport Mar 10, 2021 Manchester property developers Amstone yesterday completed on a former supermarket site in Stockport which is set to be transformed into a £100m build-to-rent-led residential development. Leach Rhodes Walker have started work on drawing up plans for the 550-home residential scheme, which is made up of apartments, townhouses and a large communal garden. Deloitte are assisting […] Posted by: Mark Flanagan Read more
Aberdeen Standard issues new shares to cash in on European logistics bonanza Mar 10, 2021 The attractiveness of the global logistics market was once again reinforced today with the announcement of Aberdeen Standard European Logistics Income’s ‘non-pre-emptive’ issue of up to 18.45 million shares. The asset management giant (ASLI) is due to add its 15th warehouse development via a €28m acquisition in Poland. Once completed – expected this month – […] Posted by: Mark Flanagan Read more
New residential version of Southern Construction Framework unveiled Mar 10, 2021 The two councils behind one of the most successful public sector frameworks in recent times have launched their first bespoke residential version. Hampshire and Devon County Councils created the four-year, £3.9bn Southern Construction Framework in 2007. It encompasses councils in nearly 20 counties. This week the four-year £1.1bn Residential Delivery and Development Framework was unveiled […] Posted by: Mark Flanagan Read more
TAKING THE LEAD IN BUILDING BACK BETTER Mar 10, 2021 A host of key industry figures have thrown their weight behind today’s launch of The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF), a new vehicle to facilitate economic growth which will culminate in a three-day networking, exhibition and conference super event in Leeds next year. UKREiiF’s mission is to help bring together the public […] Posted by: Mark Flanagan Read more
Historic London markets development being readied for construction tender phase Mar 9, 2021 The City of London Corporation has started the process of sounding out contractors regarding its £330m scheme to combine the city’s three main wholesale markets on one site in East London. The tender process will start in January 2022 and the two-year works programme, on the 17-hectare site at the former Barking Reach Power Station, […] Posted by: Mark Flanagan Read more
Infrastructure powerhouse Chancerygate maintains warehouse building momentum Mar 9, 2021 Industrial developer and asset manager Chancerygate has announced it has committed to starting the development of nine sites. Ranging from Bournemouth to Warrington, the sites will have a combined gross development value of £160m and deliver close to 975,000 sqft of Grade A industrial and warehousing accommodation. The schemes form part of Chancerygate’s three million […] Posted by: Mark Flanagan Read more
After a gap of 16 years, Wakefield Council begins work on becoming a landlord again Mar 9, 2021 As part of its commitment to significantly increase the number of affordable new homes in the district, Wakefield Council is meeting later this month to explore the possibility of once again becoming a provider of rented housing. In 2005 the council disposed of its housing stock through a Large Scale Voluntary Transfer (LSVT) to Wakefield […] Posted by: Mark Flanagan Read more
