Newcastle University Unveils £250m Student Accommodation Redevelopment Jul 19, 2024 Newcastle University has announced a £250 million redevelopment of its Castle Leazes site, aiming to provide modern accommodation for 2,011 students. The project, approved by the city council, includes the demolition of the outdated 1960s student housing block and the creation of a new student village. The redevelopment, a joint effort between Newcastle University and […] Posted by: David Gilbank Read more
Salford Approves Plans for Major Logistics Development ‘Halo West’ Jul 19, 2024 Salford City Council has approved plans for a new 108,553 sq. ft. logistics and industrial development named Halo West, submitted by Peel Waters. The site, located off Liverpool Road in Eccles, Salford, will transform a former waste recycling facility into a well-connected employment hub. The development, designed by Peel Waters in collaboration with AEW, Langton […] Posted by: David Gilbank Read more
Harbour Hotels Acquires Rothay Garden in the Lake District for Expansion Jul 19, 2024 Harbour Hotels Group has acquired Rothay Garden hotel in Grasmere, Lake District, aiming to expand its presence in northern England. The financial details of the transaction remain undisclosed. The 32-bedroom Rothay Garden hotel will be rebranded as Rothay Garden by Harbour Hotels and will undergo a “non-intrusive” refurbishment. The hotel will continue to operate during […] Posted by: David Gilbank Read more
Stockport Council Unveils Plan to Build 15,000 New Homes and Protect Green Belt Jul 18, 2024 Stockport Council has revealed an ambitious plan to construct 15,761 new homes by 2041, while also preserving the borough’s green belt. The draft local plan aims to meet 85% of Stockport’s housing needs, with 8,000 homes slated for development in the town centre, predominantly on previously developed brownfield land. Feedback from residents, businesses, and stakeholders […] Posted by: Mya Driver Read more
Nottinghamshire’s Iconic County Hall Redevelopment Opportunity? Jul 18, 2024 Investment and regeneration plans for Nottinghamshire’s iconic County Hall are underway, guided by extensive feedback from residents, businesses, and stakeholders. The County Council’s decision to vacate the historic building next year, due to high maintenance costs, has prompted a new vision for the site. A survey conducted this spring revealed strong support for preserving the […] Posted by: Mya Driver Read more
£400 Million Investment to Revitalise Bloomsbury Jul 18, 2024 The Bloomsbury London Partnership, a consortium of key stakeholders and landowners, has announced a £400 million investment aimed at transforming Bloomsbury into a major destination in the capital. Over the next five years, this collective effort will attract new occupiers, businesses, and visitors to the area. The partnership includes The Bedford Estates, Imperial London Hotels, […] Posted by: Mya Driver Read more
LGPS Investors Commit £150m to Octopus Affordable Housing Fund Jul 18, 2024 Octopus Investments has secured £150 million from four Local Government Pension Scheme (LGPS) investors for its Affordable Housing Fund. This investment aims to address the shortage of affordable homes and provide energy-efficient housing across the UK. The new commitments come from Avon Pension Fund and Gloucestershire Pension Fund, each contributing £50 million, Devon Pension Fund […] Posted by: Mya Driver Read more
Rotherham Council Approves £19.9 Million Redevelopment Plans Jul 18, 2024 Rotherham Council Cabinet has approved updated plans for two projects aimed at transforming Wath and Dinnington. Feedback from the public has been instrumental in refining these plans, which focus on revitalising the cultural heart of both town centres and enhancing public spaces. The £8.9 million project in Wath includes the construction of a new state-of-the-art […] Posted by: Mya Driver Read more
abrdn Acquires Apartments at Springfield Place in Tooting Jul 17, 2024 abrdn has announced the acquisition of 50 new-build apartments at Springfield Place in Tooting, southwest London, on behalf of the South Yorkshire Pensions Authority. The acquisition, facilitated by Newmark Company Gerald Eve, marks a strategic investment into the Private Rented Sector (PRS), aiming to deliver high-quality, energy-efficient rental homes. The apartments, developed by Barratt London, […] Posted by: Mya Driver Read more
ASK Partners Funds Redevelopment of City Road Site in London Jul 17, 2024 ASK Partners (ASK) has provided a loan to support the redevelopment of a mixed-use site on City Road, London. The project is a joint venture between property development company HUB Residential (HUB) and global investment firm H.I.G. Capital (H.I.G.). The funding will facilitate the acquisition of a freehold site comprising three interconnected office buildings near […] Posted by: Mya Driver Read more
