Phase Two of Tustin Estate Redevelopment Submitted for Approval Aug 22, 2024 Planning permission has been submitted for the second phase of the Tustin Estate redevelopment in south-east London. This phase is part of a broader plan to revitalise the area, including the construction of 295 new homes, of which 151 will be affordable, and 144 will be private tenure. The redevelopment is designed to meet the […] Posted by: David Gilbank Read more
Octane Capital Completes £8.5 Million Developer Exit Aug 21, 2024 Octane Capital has completed an £8.5 million developer exit facility, finalising the deal within 20 days of receiving the application. This move has provided crucial refinancing for a nationwide developer, allowing them to manage the remaining 30 units across two new-build sites located in Pershore and Ely. The transaction was structured across two cross-charged loans, […] Posted by: Mya Driver Read more
OakNorth Provides £6 Million Loan for Logistics and Wellness Development in West Sussex Aug 21, 2024 Digital bank OakNorth has provided a £6 million loan to Gatehouse Hub to support the development of 19 industrial logistics units and a wellness centre on the outskirts of Burgess Hill, West Sussex. The project aims to enhance the local economy and meet growing demand for quality commercial spaces in the South East region. The […] Posted by: Mya Driver Read more
South Tyneside Council Plans 1,200 New Homes on Green Belt Land Near Jarrow Aug 21, 2024 South Tyneside Council has announced plans to build approximately 1,200 new homes on green belt land near Jarrow, aiming to meet the growing housing demand in the area. This proposed development is part of the council’s broader strategy to address housing shortages while incorporating “good quality green and blue infrastructure” to “improve biodiversity and habitat […] Posted by: Mya Driver Read more
£20m Loan to Fund New Care Homes in Surrey and Reading Aug 21, 2024 Puma Property Finance has announced the provision of a £20 million loan facility to Zephyr X for the development of two new care homes in the South-East. The funding, split into £13 million and £7 million loans, will support the construction of care homes in Reigate, Surrey, and Whitchurch, Reading, respectively. The £13 million loan […] Posted by: Mya Driver Read more
Plans announced for student accommodation scheme at Belfast’s Murray’s Exchange Aug 21, 2024 Plans for a new 870-bedroom purpose-built student accommodation (PBSA) scheme at Murray’s Exchange adjacent to the new Transport Hub in Belfast city centre have been announced by Elkstone. With over 85,000 students enrolled across Queen’s University Belfast, Ulster University and Belfast Metropolitan College, the scheme would address the continued demand for student accommodation. Indeed, latest […] Posted by: Mya Driver Read more
ISO 20121 Sustainable Events Management Accreditation: What was new for UKREiiF 2024? Aug 21, 2024 UKREiiF is ISO 20121 Sustainable Events Management accredited, which means we put sustainability at the forefront of everything we do. Our dedicated UKREiiF team goes above and beyond to ensure that we are being as sustainable as possible, making each event eco-friendly and impactful. This accreditation has played a factor in our exponential growth over […] Posted by: Mya Driver Read more
Wavensmere Homes Submits Plans for £150m Wolverhampton Canalside South Scheme Aug 20, 2024 Wavensmere Homes has submitted a full planning application to City of Wolverhampton Council for the proposed £150m residential-led Canalside South development. The 17.5-acre former industrial site is located within the city centre – moments from the transport interchange – and benefits from frontage onto the Wyrley & Essington Canal and the Wolverhampton Branch of the […] Posted by: Mya Driver Read more
Pinnacle Group Expands Affordable Housing Portfolio to 1,000 Homes Aug 20, 2024 Pinnacle Group is enhancing its affordable housing efforts with the addition of 250 new homes, raising its portfolio to 1,000 properties across England and Wales. Developed by Persimmon, these homes will be managed by Pinnacle Spaces, one of Pinnacle’s Registered Providers. This expansion will significantly boost Pinnacle Spaces’ portfolio, reaching approximately 500 homes, with further […] Posted by: Mya Driver Read more
Barratt to Finalise Acquisition of Redrow Amid Competition Review Aug 20, 2024 Housebuilder Barratt is on track to complete its acquisition of rival Redrow later this week, according to a joint statement from both companies. The £2.5 billion all-share deal, initially announced in February, faced scrutiny from the Competition and Markets Authority (CMA), which conducted a Phase 1 investigation starting in March. The CMA’s review focussed on […] Posted by: Mya Driver Read more
