Strategic Redditch site acquired to deliver £35m, 139,000 sq ft urban logistics development Aug 12, 2024 A joint venture (JV) between Chancerygate and Hines, has purchased a site in Redditch, Worcestershire to speculatively build 139,000 sq ft of Grade A urban logistics space. The JV has bought a 6.4 acre site intends to develop 139,000 sq ft of space across 11 leasehold units ranging from 7,685 sq ft to 15,950 sq […] Posted by: Mya Driver Read more
Plans unveiled for East Yorkshire business park expansion Aug 12, 2024 East Yorkshire based Lovel Developments has unveiled plans to deliver 400,000 sq ft of new space in the existing business parks near J38 on the M62 at Newport. This expansion plan is to help meet the demand for employment space and to drive investment and growth. Philip Lovel, Founder of Lovel Developments, said: “We began […] Posted by: Mya Driver Read more
UKREiiF’s Economic Impact Throughout the Years Aug 12, 2024 By Mya Driver, Marketing Executive, UKREiiF Since its inception in 2022, UKREiiF has generated an impressive £38.5 million in economic impact, benefiting Leeds and the wider West Yorkshire region. Each year, we collaborate with ARUP on an independent report that details UKREiiF’s economic contributions to the city and region. This report provides valuable insights into […] Posted by: Mya Driver Read more
Crunching the numbers: How UKREiiF generated £20.9 million for the local Leeds and wider West Yorkshire economy Aug 12, 2024 By Mya Driver, Marketing Executive, UKREiiF That’s right, UKREiiF has supercharged the local Leeds and wider West Yorkshire economy with an impressive £20.9 million boost in 2024! This is a colossal leap from the £5.5 million in 2022 and the £12.1 million in 2023. That’s a total of £38.5 million pumped into Leeds businesses over […] Posted by: Mya Driver Read more
Lamington Group launches room2 York project Aug 9, 2024 Lamington Group has announced the launch of its latest project under the award-winning eco-hometel brand, room2. The new property, located in York, is scheduled to begin site development this summer and is expected to open in early 2026. room2 York will be the brand’s first venture in the North of England and the £30 million […] Posted by: Mya Driver Read more
Plans submitted for new administration and security building at Blackpool Airport Aug 9, 2024 Plans for a new office, security and small passenger handling building for Blackpool Airport have been submitted to Fylde Council. The new offices would be built immediately behind the current buildings at the entrance to the airport off Squires Gate Lane. The plans are part of Blackpool Council and Blackpool Airport’s strategy to rebuild old […] Posted by: Mya Driver Read more
Plans for £55m Prime Cheltenham Town Centre Redevelopment Site Recommended for Approval Aug 8, 2024 Plans submitted by Wavensmere Homes and BBS Capital for the redevelopment of the North Place surface car park, located within Cheltenham’s Central Conservation Area, have been recommended for approval by the by Borough Council’s planning officials. The detailed designs for Arkle Court – submitted in February 2024 – propose 147 houses and apartments, to sensitively […] Posted by: Mya Driver Read more
Hilltop Credit Partners completes £13m loan for newbuild residential development in Leicestershire Aug 8, 2024 Funds advised by Hilltop Credit Partners, a leading residential-focused real estate investment manager, have completed a £13.1m loan to Mitchian Alliance Limited for the development of 83 private residential units in Market Harborough, Leicestershire. The project will deliver 83 units across three blocks ranging from four to five stories and comprised of 47 one-bed flats and […] Posted by: Mya Driver Read more
Assura announces acquisition of UK private hospital portfolio for £500m from North West Healthcare Properties REIT Aug 8, 2024 The Board of Assura plc has announced it has agreed with Northwest Healthcare Properties to acquire its fully operational UK Private Hospital Portfolio comprising 14 assets for a consideration of £500 million. This will be fully funded through a mix of cash and shares including: – 245,298,262 or c.£100 million of consideration shares issued to Northwest on a 30-day VWAP […] Posted by: Mya Driver Read more
Go-ahead given to AtkinsRéalis-designed Darlington Government Hub Aug 8, 2024 A new government office development designed by AtkinsRéalis for the UK Government Property Agency (GPA) has been given the go-ahead by Planning Applications Committee in Darlington. The new five-storey, 10,000 square metres government hub on Brunswick Street will build on the success of the Darlington Economic Campus (DEC), currently comprising Feetham House and Bishopsgate House, […] Posted by: Mya Driver Read more