Planning Approved for Major Government Hub in York Jul 23, 2024 York’s ambitious plan for a state-of-the-art government office development has received the go-ahead from the City of York Council Planning Committee. The six-storey, 195,000 sq ft government hub, proposed by Network Rail, Homes England, and the Government Property Agency (GPA), is set for completion in 2027/2028. Designed to house up to 2,600 civil servants, the […] Posted by: Mya Driver Read more
Harworth gains outline planning consent for major 1.5 million sq. ft. Industrial & Logistics development in Derbyshire Jul 23, 2024 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, has secured a resolution to grant outline planning consent from Amber Valley Borough Council for the development of c1.5 million sq. ft. of Grade A Industrial & Logistics space and up to 300 new homes at its Cinderhill development in […] Posted by: Mya Driver Read more
Urban&Civic to acquire L&Q Estates from L&Q Group Jul 23, 2024 London & Quadrant Housing Trust (“L&Q”) and Urban&Civic plc (“Urban &Civic”) are pleased to announce that the acquisition of L&Q Estates by Urban&Civic is now unconditional and will complete shortly. Urban&Civic, a leading Master Developer in the UK, was identified by L&Q as a logical purchaser to keep faith with the intention of boosting housing […] Posted by: Mya Driver Read more
5000 new homes: Longhurst and Grand Union Launch Consultation on 37,000-Home Merger Jul 22, 2024 Longhurst Group and Grand Union Housing Group will commence a six-week consultation with residents this Wednesday regarding their proposed merger to create a 37,000-home housing association. The boards of both organisations have approved the business case for the merger, which aims to enhance investment in existing properties and build 5,000 new homes over the next […] Posted by: David Gilbank Read more
MFS Secures Over £1bn in Institutional Funding to Boost Loan Growth Jul 22, 2024 Market Financial Solutions (MFS) has renewed and increased multiple institutional funding lines, securing over £1 billion to support its expanding loan book and enhance its product offerings. The new funding includes committed resources for long-term commercial real estate (CRE) loans, large loans of £5 million and above, and MFS Bridge Fusion loans with terms of […] Posted by: David Gilbank Read more
Blackburn Greenlights Major Housing Development for Nearly 600 Homes Jul 22, 2024 Councillors in Blackburn have approved full planning permission for Persimmon Homes Lancashire’s extensive project to construct 553 new homes off Heys Lane, with outline approval for an additional 45 residences. This approval initiates the transformation of a 101-acre site near Blackburn town centre into a substantial residential area. Persimmon Homes plans to develop a diverse […] Posted by: David Gilbank Read more
New Partnership Announced for Bath Quays North Regeneration Jul 22, 2024 Bath & North East Somerset Council and the University of Bath have announced a new partnership to develop the Bath Quays North site, following the expiration of the previous development agreement with L&G. The two organisations have signed a Memorandum of Understanding (MoU) to collaborate on a vision for the future of this prime riverfront […] Posted by: David Gilbank Read more
Fattal Hotels Secures £525m Loan for Refinancing Four London Properties Jul 22, 2024 Fattal Hotel Group has announced the securing of a £525 million senior loan from Cheyne Capital to support the refinancing of four London hotels. The deal also includes participation from Migdal Insurance Company. This move aims to bolster the group’s operations in the UK’s capital, enhancing the properties under the Leonardo Hotels brand. The hotels […] Posted by: David Gilbank Read more
ASK Partners Provides Loan for Major Mixed-Use Development in East London Jul 19, 2024 ASK Partners has provided a loan to HUB Residential and H.I.G. Capital for the acquisition of Finsgate House in East London. The joint venture aims to secure planning consent for a mixed-use development on the site, located near Old Street roundabout. The loan will facilitate the redevelopment of three interconnected office buildings into a residential-led […] Posted by: David Gilbank Read more
Weaver Vale Housing Trust Expands with Acquisition in Cheshire Jul 19, 2024 Weaver Vale Housing Trust (WVHT) has expanded its portfolio by acquiring 89 homes from Auxesia Homes, a private housing provider in northern England. This acquisition increases WVHT’s total holdings to over 6,500 properties throughout Cheshire. The newly acquired properties, located in areas such as Moulton, Kelsall, and Wilmslow, include a mix of affordable rent and […] Posted by: David Gilbank Read more
