Barratt Developments and Redrow Complete £2.5 Billion Merger Oct 7, 2024 Barratt Developments and Redrow have today announced the successful completion of their £2.5 billion merger, following final approval from the UK’s Competition and Markets Authority (CMA). This strategic union creates a new leading force in the UK housing market, with the combined entity to be known as Barratt Redrow. The merger, which has been in […] Posted by: Deividas Krupstas Read more
Fairway Capital granted planning permission for £50m residential and office scheme Oct 7, 2024 Leading fund manager Fairway Capital has been granted planning permission by the City of Westminster for a landmark £50 million (GDV) residential-led scheme in Eaton Mews West in Belgravia providing 426 sq.m. (4,585 sq.ft.) of new office space and the first complete terrace of new mews houses to be built in Belgravia since the 1950s, […] Posted by: Deividas Krupstas Read more
Aldermore provides £13.1m loan to student property developer for new build PBSA in Dundee Oct 4, 2024 Aldermore Bank has provided a £13.1m loan for the development of a new build purpose-built student accommodation (PBSA) in Dundee. This development is a joint venture between Gylemuir Capital and Housing Growth Partnership (HGP). The property will comprise of 163 beds, with a sky deck and gym and 248 sq m of commercial space on […] Posted by: Deividas Krupstas Read more
Thirteen Group Reports Strong Financial Results and Increased Investment in New Homes Development Oct 4, 2024 Thirteen Group, one of the leading housing associations in the North East and Yorkshire, has announced robust financial results for the latest fiscal year, marked by a significant increase in surplus and substantial investment in new home development. Thirteen Group continues to focus on tackling the housing crisis in the North East and Yorkshire by […] Posted by: Deividas Krupstas Read more
£4bn Teesworks energy project given green light by Government Oct 4, 2024 The highly anticipated Net Zero Teesside project – set to bring thousands of jobs to our region – has today received the green light from Government, with work beginning by the end of the year. The £4billion project – led by bp and Equinor – will establish the world’s first industrial-scale carbon capture, utilisation, and […] Posted by: Deividas Krupstas Read more
Green Light for Wavensmere Homes’ £30m Cathedral One on Banks of Derby’s River Derwent Oct 4, 2024 Wavensmere Homes and Wilson Bowden Developments’ £30m proposals for the redevelopment of one of the final plots of vacant land within Derby’s newly revitalised Cathedral Quarter have been approved by the City Council’s Planning Committee. 195 studio, one- and two-bedroom apartments will be delivered at the Full Street site, within a finely detailed u-shaped nine-storey […] Posted by: Deividas Krupstas Read more
Application for 435 new homes approved by Bristol City Council’s Planning Committee Oct 3, 2024 Work can now begin to regenerate the brownfield site, which forms part of the Temple Quarter regeneration area, which aims to create a ‘flourishing new urban quarter for Bristol.’ The development will also deliver 773 m² of flexible ground floor space for commercial uses alongside 43 affordable homes. The plans include a new cycle lane […] Posted by: Deividas Krupstas Read more
Festival Place Shopping Centre in Basingstoke Listed for Sale Oct 3, 2024 Festival Place, one of the largest shopping centres in the UK and a major retail and leisure hub in North Hampshire, has been put up for sale. The long leasehold interest in the property is being marketed by leading real estate advisor Savills on behalf of receivers BDO. Spanning an impressive one million square feet, […] Posted by: Deividas Krupstas Read more
M&G provides £200 million debt financing to resilient UK logistics and retail warehousing sectors Oct 3, 2024 M&G’s Real Estate Finance team (M&G) announces £200 million of prime refinancing deals in the retail warehousing and logistics sectors, capitalising on resilient tenant and investor demand against a backdrop of constrained supply in core markets. M&G is providing a £50 million construction loan (72.5% LTV) to PineBridge Benson Elliot for the ongoing development of […] Posted by: Deividas Krupstas Read more
Whitbread gets the go-ahead to build one of London’s largest hotels metres from Nelson’s Column Oct 3, 2024 Whitbread PLC, the UK’s largest hotel business and owner of Premier Inn, has secured planning permission from Westminster City Council (WCC) to develop a hotel at 5 Strand in the heart of central London. The 693-bedroom hotel, which will be one of London’s largest budget hotels when it opens, will be operated under the popular […] Posted by: Deividas Krupstas Read more
