Legal & General’s affordable housing strategy grows to £280m following GMPF investment Aug 5, 2024 Legal & General (L&G) today announces that it has secured a further £150m in commitments for its UK affordable housing strategy, following the recent launch of the Legal & General Affordable Housing Fund, bringing total commitments to the strategy to date to £280 million. The bulk of this new capital comes from Local Government Pension […] Posted by: Mya Driver Read more
Construction begins on £10m development as Melton West continues to grow Aug 5, 2024 Construction has begun on the latest development at the thriving Melton West business park in East Yorkshire. The £10m Evolve @ Melton West development will create 85,000 sq ft of prime commercial space for growing companies, in one of the most sought-after business locations in the region. Set within the wider Melton West site, west […] Posted by: Mya Driver Read more
Housebuilder Honey submits plans to deliver £53m, 184 home development in Doncaster Aug 5, 2024 Housebuilder Honey has submitted plans and exchanged contracts on a 16-acre site in Bessacarr, Doncaster, to deliver a £53m, 184-home development. The proposed site, which will be called Opal, is located off Cammidge Way and is adjacent to Bawtry Road. Subject to planning, Opal will comprise a mix of two-, three- and four-bedroom homes and […] Posted by: Mya Driver Read more
Arrow Global Secures £313m Commitment from ADIA Aug 2, 2024 Arrow Global Group Capital Management has secured a £313 million commitment from a subsidiary of the Abu Dhabi Investment Authority (ADIA) for its UK and European Real Estate Lending strategy. This partnership, which builds on ADIA’s previous investment in Arrow’s Opportunistic Credit strategy, will support various projects, particularly in the UK, including major developments in […] Posted by: David Gilbank Read more
RO Group Acquires Swindon Site for Mixed-Use Development Aug 2, 2024 RO Group has secured a 9.7-acre agricultural site in Swindon, located at Home Farm on the A420 road connecting Swindon to Oxford. The site is set to become part of the larger 8,000-home New Eastern Villages development, a key project in the region. The development will be modelled after RO Group’s successful Solstice Park project […] Posted by: David Gilbank Read more
Surge in London Office Retrofits as City Planners Approve Major Projects Aug 2, 2024 The wave of office retrofits in London’s Square Mile continues to grow, with City planners recently approving two significant projects. This brings the total number of approved office upgrades in July to four, reflecting a strong demand for modern, energy-efficient workspaces. Among the newly approved projects is the £250 million renovation of Winchester House at […] Posted by: David Gilbank Read more
Zedwell Expands to Edinburgh with Unique Windowless Hotel Concept Aug 2, 2024 Zedwell, a hotel brand known for its unique offering of windowless rooms, is expanding its footprint beyond London by acquiring the former Debenhams department store on Edinburgh’s Princes Street. This new venture marks the brand’s fifth hotel and signifies its entry into key British regional cities. Criterion Capital, the company behind Zedwell, has a robust […] Posted by: David Gilbank Read more
£120M Waterfront Housing Development Set to Revitalise Hartlepool Aug 2, 2024 A £120 million housing development in Hartlepool is poised to commence by the end of the year, following confirmation of existing planning permission. The project, overseen by Hartlepool Development Corporation (HDC), aims to deliver a mixed-use scheme featuring 650 homes, alongside retail, leisure, and medical facilities across multiple brownfield sites. This development could be a […] Posted by: David Gilbank Read more
Denbighshire Council Advances Multi-Million-Pound Development Plans for Rhyl and Ruthin Aug 1, 2024 Denbighshire County Council is moving forward with plans for extensive development in Rhyl and Ruthin, supported by substantial funding from the UK Government. The projects, aimed at revitalising key areas in both towns, include a variety of infrastructure and public space enhancements. In Ruthin, improvements are planned for St Peter’s Square, Market Street, and Cae […] Posted by: Mya Driver Read more
PLATFORM_ Acquires Prime Bristol Site for New Build to Rent Development Aug 1, 2024 PLATFORM_, a prominent Build to Rent developer, investor, and operator, has acquired a prime riverside site in the heart of Bristol. Located on Eugene Street, just a five-minute walk from Cabot Circus and overlooking the River Frome, the development will feature over 300 new homes. This acquisition is part of the Bristol City Council’s Frome […] Posted by: Mya Driver Read more
