GMPF Provides £31.3m Loan to Support Housing Developments in Bolton and Halifax Aug 30, 2024 The Greater Manchester Pension Fund (GMPF) has granted a £31.3 million loan to support two major housing projects by Placefirst in Bolton and Halifax. The developments, Deansgate Gardens in Bolton and Cow Green in Halifax, will collectively deliver 289 all-electric homes, powered by solar panels and air-source heat pumps. Construction has already commenced on both […] Posted by: Mya Driver Read more
Ringland Group Secures Multi-Million Pound Partnership with Ulster Bank to Support Belfast Expansion Aug 30, 2024 The Ringland Group, a prominent hospitality operator in Belfast, has partnered with Ulster Bank in a multi-million pound refinancing deal aimed at supporting its expansion and enhancing the city’s night-time economy. The £4.75 million package includes a £1.75 million facility specifically allocated for the development of Amelia Hall, a new 480-capacity bar in Belfast’s Linen […] Posted by: Mya Driver Read more
Home REIT Completes Sale of 101 Properties for £18.5 Million Aug 30, 2024 Home REIT has finalised the sale of 101 properties, generating £18.5 million in gross proceeds. The properties were sold at public auctions on 29 August, representing 6.6% of the trust’s portfolio value as assessed in the August 2023 draft valuation by JLL. The sale price reflects a 4.8% premium on the previous year’s draft valuation. […] Posted by: Mya Driver Read more
Planning permission granted for Stoney Stanton Business Park, Leicestershire Aug 30, 2024 Planning permission has been granted by Blaby District Council for the development of Stoney Stanton Business Park in Stoney Stanton, Leicestershire. Stoney Stanton Business Park is being brought forward by Clowes Developments and its team including IMA Architects. FHP Property Consultants and Andrew + Ashwell have been instructed as agents on the scheme. The business […] Posted by: Mya Driver Read more
Planning approved for landmark 251-bed aparthotel in Manchester Piccadilly Aug 29, 2024 Proposals for the development of a landmark 251-bed aparthotel offering high-quality accommodation and public facilities in central Manchester, have been approved by Manchester City Council. Bennetts Associates was appointed as architect and principal designer for the scheme, which encompasses the Grade II Listed former Union Bank building and an adjacent ‘gap site’, a vacant and […] Posted by: Mya Driver Read more
Manchester City Council to Sell Prime Development Sites in Northern Quarter and Hulme Aug 29, 2024 Manchester City Council is set to launch the sale of two key development sites, including the Church Street multi-storey car park in the Northern Quarter and a 2.8-acre plot in Hulme previously intended for UKFast offices. The Church Street car park, a four-level facility located between Church Street and Tib Street, sits at the gateway […] Posted by: Mya Driver Read more
Beith Street Site in Glasgow West End Set for Major Build to Rent Development Aug 29, 2024 The Beith Street site in Glasgow’s West End is poised to become a prime Build to Rent (BTR) development, following detailed planning consent granted in June 2023. Math Real Estate Partners and Savills are marketing the 2.4-acre freehold site on behalf of KR Developments, with plans to deliver 424 residential units in a mix of […] Posted by: Mya Driver Read more
Martley Capital Secures £13m in Loans for Leeds Property Investor Aug 29, 2024 Martley Capital Group has arranged £12.9m in mezzanine loans for Leeds-based investor and developer Daniel Newett. The loans, secured against social housing and industrial assets totalling 570,000 sq ft, will be used to refinance existing debt, support tenant accommodation works, and create a cash reserve for debt servicing. The loans, provided to companies directed by […] Posted by: Mya Driver Read more
Solar farm proposed to support Blackpool Airport Aug 29, 2024 Initial proposals for a solar farm on land south of Blackpool Airport’s main runway have been submitted to Fylde Council. The proposed 20MVA solar farm would allow the airport to generate its own renewable electricity, reducing energy bills and its carbon footprint, while also enabling Blackpool Council to reduce its overall net electricity consumption by […] Posted by: Mya Driver Read more
Indurent wins planning consent for c.430,000 sq ft logistics development in Lichfield Aug 29, 2024 Indurent, a leading developer and operator of industrial and logistics space of all sizes across the UK, has secured planning consent for a new 432,000 sq ft industrial and logistics development, which will be known as Indurent Park Lichfield. The park will comprise eight mid-box units ranging from 36,000 sq ft to 83,000 sq ft, […] Posted by: Mya Driver Read more
