Investment News

Canterbury Set to Gain 2,000 New Homes in University-Led Development Plan

Canterbury is poised for a significant expansion with the introduction of 2,000 new homes as part of a new development initiative spearheaded by the University of Kent. The proposed housing estate, strategically located between the villages of Tyler Hill, Blean, and Rough Common, is part of Canterbury City Council’s new draft local plan. The development […]

Posted by: Mya Driver

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Home REIT Advances Portfolio Streamlining with Sale of 65 Properties

Home REIT has successfully offloaded another 65 properties for £15.9 million on 18 April at a public auction, indicating continued progress in their portfolio restructuring. This latest sale increases the total properties sold or under contract to 773, accounting for over a third of the trust’s holdings prior to the sales initiatives. The properties sold […]

Posted by: Mya Driver

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South Oxfordshire Council Invites Input on Exciting New Housing Proposals

South Oxfordshire District Council has launched a public consultation on its latest council plan, which includes proposals for new council homes. The plan, titled ‘The Way Ahead’, is designed to guide district policies and initiatives through to 2028, focusing on creating a more inclusive and thriving community. Residents, businesses, community groups, and other stakeholders are […]

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Truro’s Pydar Regeneration Scheme Receives £18.2 Million Boost

The Pydar Regeneration Scheme in Truro is set to proceed, with Cornwall Council committing an additional £14.804 million to its capital programme, including £10 million specifically for Pydar. This funding will enable the transformation of former council buildings into a vibrant new development featuring housing, student accommodation, and a hotel. The planned project at Pydar […]

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ASK Partners Funds £18.2m Loan for Chiswick Tower Revamp

ASK Partners, a specialist property lender, has provided an £18.2 million senior loan facility to facilitate the acquisition of Chiswick Tower by a private client investor. The loan, structured for a 24-month term, aims to support the redevelopment of this West London office block into a modern co-living space. Located in the affluent Chiswick area, […]

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Coventry Building Society Set to Acquire Co-op Bank for £780 Million

Coventry Building Society has reached an agreement to acquire The Co-operative Bank for a sum of up to £780 million, marking a major expansion in the UK financial services sector. This deal has been under discussion for several months and is set to elevate the combined entity’s balance sheet to £89 billion. This acquisition is […]

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Wavensmere Homes’ £75m Plans for Derby’s Friar Gate Goods Yard Recommended for Approval

Plans submitted by Wavensmere Homes and Clowes Developments for the redevelopment of the city’s historic Friar Gate Goods Yard have been recommended for approval by Derby City Council’s planning officials. The detailed design proposals – submitted in August 2023 – set out the vision for the reanimation of two landmark Grade II listed buildings into […]

Posted by: Mya Driver

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