UCB Plans 1,200 bed Student Accommodation Overhaul in Birmingham Dec 11, 2023 University College Birmingham (UCB) has proposed a significant redevelopment of its student accommodation facilities, submitting a planning application to Birmingham City Council. The new development, named Cambrian Wharf, aims to centralise student living into a singular, modern structure. The proposed Cambrian Wharf project, located near the Jewellery Quarter on Brindley Drive, will feature two distinct […] Posted by: Mya Driver Read more
£23m Arcadian Student Complex Enhances Nottingham’s Student Living Dec 11, 2023 The Arcadian, a new £23m student accommodation project under construction in Nottingham’s city centre, is now part of an innovative student housing portfolio. EVO Student, the newest venture by Homes for Students, a prominent provider of purpose-built student accommodation (PBSA), has incorporated the Arcadian into its collection. Urbium Capital, the developer behind the Arcadian, plans […] Posted by: Mya Driver Read more
The Earls Court Development Company sign up for UKREiiF 2024 Dec 8, 2023 The Earls Court Development Company (ECDC) have confirmed its involvement with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF). The UKREiiF event is in partnership with Pagabo, and is set to take place between 21-23 May 2024, in Leeds. The Earls Court Development Company is an Earl’s Court-based business responsible for driving the transformation […] Posted by: Mya Driver Read more
£50m Boost for Affordable Housing from Octopus Investments Dec 8, 2023 Octopus Investments, a subsidiary of Octopus Group, has successfully completed the first close of its new affordable housing fund with £50m. This fund, in partnership with London CIV representing 32 local government pension schemes in London, marks a significant step towards addressing the UK’s need for high-quality, affordable housing. This initial investment is set to […] Posted by: Mya Driver Read more
£13m Puma Loan Fuels Intergenerational Development in Manchester Dec 8, 2023 Puma Property Finance has committed a £13 million loan to facilitate a collaborative venture between the McGoff Group and Patrick Properties, earmarked for a unique intergenerational development in Bowdon, South Manchester. This innovative project encompasses a care home and a children’s day nursery, specifically designed to encourage regular interaction between young and elderly residents. The […] Posted by: Mya Driver Read more
Mitsubishi Estate and Edge Buy Prime London Office Tower at £150 Million Dec 8, 2023 Mitsubishi Estate has partnered with Dutch developer Edge to acquire a prominent office tower in London’s West End, previously leased to WeWork, for £150 million. This purchase price reflects a 44% reduction from the £267 million paid by the former owners, a joint venture between Savills Investment Management and Korea’s Vestas Investment Management, in 2018. […] Posted by: Mya Driver Read more
£800 Million Easdale Portfolio Boosted by Latest Renfrewshire Acquisition Dec 8, 2023 The Easdale brothers, prominent businessmen from Greenock, have enhanced their £800 million property portfolio with a new acquisition in Renfrewshire. Sandy and James Easdale, through their property investment branch, Dalglen, have recently purchased additional land at the Neil Street Industrial Estate in Renfrew, previously owned by Peel Waters Ltd. This expansion adds another 13,750 square […] Posted by: Mya Driver Read more
Birmingham Council Eyes £2.4bn Property Assets to Address Budget Challenges Dec 8, 2023 In a move to strategically manage its finances, Birmingham City Council is exploring the potential sale of assets from its £2.4bn property portfolio. This initiative is part of a broader plan to bridge an estimated £300m budget shortfall projected for the next two years. The council, currently under government intervention, is under pressure to formulate […] Posted by: Mya Driver Read more
Development Opportunity: Oldham Seeks Partner for £285m Town Centre Regeneration Dec 8, 2023 Oldham Council is actively seeking a joint venture partner to revitalise the town centre, with plans including the construction of approximately 2,000 homes, a 5.7-acre park, and a new hotel. This initiative, spanning the next 15 to 20 years, is part of a broader strategy to rejuvenate Oldham’s urban landscape. The council’s decision to manage […] Posted by: Mya Driver Read more
Capital&Centric set to lead on vision for major new St George’s neighbourhood in Wolverhampton Dec 8, 2023 SOCIAL impact developers Capital&Centric are set to lead on a vision to turn a sprawling brownfield site in Wolverhampton into a creative new neighbourhood. A report – to be considered by City of Wolverhampton Council’s Cabinet next week – recommends Capital&Centric are appointed as part of a pre-development agreement for the former Sainsbury’s supermarket site, […] Posted by: Mya Driver Read more
