Investec extends London PBSA footprint with development loan for 397-bed Stratford scheme Aug 20, 2024 Investec Real Estate has provided a joint venture between Watkin Jones plc, the UK’s leading developer and manager of residential for rent, and Housing Growth Partnership, the Lloyds-backed equity investor, with a development loan to fund the construction of a purpose-built student accommodation (PBSA) scheme in Stratford, East London, with a GDV of c. £120 […] Posted by: Mya Driver Read more
Public Consultation Launched for £230 Million/4,500 home Holt Town Development in East Manchester Aug 19, 2024 Manchester City Council has launched a consultation on the ambitious plans for Holt Town, a new development poised to transform a 74-acre brownfield site between the city centre and Etihad Campus. This project, featuring up to 4,500 new homes, is expected to bring a significant boost to Manchester’s economy and offer a blend of residential, […] Posted by: Mya Driver Read more
Tri7 acquires Manchester Development site for £16 Million Aug 19, 2024 London-based real estate firm Tri7 has acquired the Vision site on Whitworth Street West in Manchester for £16 million. Tri7 aims to revitalise the prime city centre location, which has been vacant for years despite attempts by various developers and investors. Samuel Castle, a partner at Tri7, commented: “10-12 Whitworth Street West is in a […] Posted by: Mya Driver Read more
Criterion Capital Receives £25 Million Financing for Trafalgar Square Hotel Conversion Aug 19, 2024 The Bank of London and The Middle East plc (BLME) has granted Criterion Capital a £25 million investment facility to support the conversion of an office building into a hotel at the renowned Trafalgar Square in London. The funding will be used for transforming the historic Trafalgar Buildings, constructed between 1881 and 1882, into the […] Posted by: Mya Driver Read more
JR Capital and Chancerygate complete refinancing of first £100m multi-let urban logistics fund Aug 19, 2024 A fund managed by JR Capital and Chancerygate has completed a refinancing of its first £100m multi-let urban logistics fund with Natwest. The new facility is to be used to refinance the partner’s existing secured credit facility with Aberdeen Standard, as well as for any future asset management initiatives. JR Capital and Chancerygate established its […] Posted by: Mya Driver Read more
MIX MANCHESTER launches consultation on plans for the UK’s first airport-based science, innovation, and manufacturing campus Aug 19, 2024 The joint venture partnership behind MIX MANCHESTER is taking its plans for the UK’s first airport-based science, innovation, and manufacturing campus to public consultation, following approval in principle of the draft Strategic Regeneration Framework (SRF) by Manchester City Council’s Executive Committee. The MIX MANCHESTER SRF has been prepared by planning consultant, CBRE, to deliver a […] Posted by: Mya Driver Read more
Planning consent granted for final phases of Stockport Exchange Aug 16, 2024 Following a Stockport Council Planning and Highways Regulation Committee meeting last night (Thursday, 15 August), planning consent has been granted for the next phases of Stockport Exchange. Working with Stockport Council, Muse Developments now have the green light to bring forward 4 Stockport Exchange, which will comprise 60,000 sq ft of office space with ground floor […] Posted by: Mya Driver Read more
Oval Real Estate acquire Mayfair office building for £125 million Aug 16, 2024 Chinese Estates Holdings has sold an office building in London’s prestigious Mayfair district to local developer and investor Oval Real Estate for £125.4 million. The property at 14 St George Street in London’s West End was put on the market two months ago. This decision came after the freehold property’s average occupancy rate dropped to […] Posted by: Mya Driver Read more
Wavensmere Homes Receives Green Light for £55m Cheltenham Town Centre Redevelopment Aug 16, 2024 Wavensmere Homes and BBS Capital have received unanimous approval from Cheltenham Borough Council’s planning committee for the redevelopment of the North Place surface car park, located within Cheltenham’s Central Conservation Area. Arkle Court will comprise 147 houses and apartments, designed to sensitively enhance the street scene, including Grade II* listed St Margaret’s Terrace. The £55m […] Posted by: Mya Driver Read more
First major health hub in inner-city Belfast receives planning approval Aug 16, 2024 The first major multi-use health facility in inner-city Belfast has received planning approval. Spearheaded by OCMC Ltd and located on Great Victoria Street, the innovative Healthworks development will offer Grade A health hub accommodation designed to meet the diverse needs of occupants, including GP practices, specialist occupational health services, and pharmacies. Strategically positioned to serve […] Posted by: Mya Driver Read more
