LXi REIT plc Announces £210 Million Offer for Sale of 66 Travelodge Hotels Nov 22, 2023 LXi REIT plc, a prominent player in the UK commercial property market, has confirmed that it is in advanced stages of negotiating the sale of 66 Travelodge hotels. The deal, which is currently in solicitors’ hands, is valued at £210 million, aligning with the company’s book value as of 30 September 2023. The potential sale, […] Posted by: Mya Driver Read more
The Hill Group acquires 20-acre development land for new homes in Billericay, Essex Nov 21, 2023 Award-winning housebuilder The Hill Group has announced the latest acquisition for its residential pipeline, a 20-acre site for a residential development located north of Kennel Lane in Billericay, Essex. Purchased with outline planning permission for up to 200 homes, Hill will now embark upon an engagement programme with residents and the local authority to design […] Posted by: Mya Driver Read more
See the councils here: UK-Wide Boost with £1 Billion Government Investment in 55 Local Projects Nov 21, 2023 – Torbay Council – Doncaster Council – Blackpool Council – Bolton Council – Portsmouth Council – Pembrokeshire Council – South Tyneside Council – Stockton-on-Tees Council – Elgin (Moray Council) – Dumfries and Galloway Council – Isle of Wight Council – Keighley (Bradford Council) – Newcastle Upon Tyne Council The UK government has committed nearly £1 […] Posted by: Mya Driver Read more
£20m Development Partnership Opportunity for Wythenshawe Civic Redevelopment Nov 21, 2023 The Wythenshawe town centre is set for a transformative redevelopment, bolstered by a £20 million grant from the Government’s Levelling Up Fund. This funding, awarded by the Department of Levelling Up, Homes and Communities (DLUHC) in the third round of national funding, recognises the high-quality and readiness of the Wythenshawe Civic project. The Council is […] Posted by: Mya Driver Read more
£10 Million Redevelopment Plan for Former Manor Park School Nov 21, 2023 Warwickshire Property & Development Group Limited has announced a comprehensive redevelopment plan for the former Manor Park School site, with a budget of £10 million. The proposal includes a range of construction and development activities, primarily focusing on creating a new housing scheme. The project involves the potential demolition of existing structures, establishing both temporary […] Posted by: Mya Driver Read more
BCCIM Completes £5.15 Million Acquisition of Cheltenham Industrial Park Nov 21, 2023 BCCIM, a collaborative endeavour between Barwood Capital and Caisson iO, has recently finalised the purchase of Units 1-4 Bamfurlong Industrial Park in Cheltenham. The acquisition, valued at £5.15 million, was made on behalf of the Urban Industrial Income LP and purchased from Dunmoore Properties Limited. Located approximately 3.5 miles west of Cheltenham and near Junction […] Posted by: Mya Driver Read more
TML Supports Multiple Property Refinancing Deals Totalling £6.5 Million Nov 21, 2023 The Mortgage Lender (TML) has facilitated four separate deals amounting to £6.5 million. These transactions involved a diverse range of properties, each with unique and complex requirements, showcasing TML’s expertise in navigating intricate financial landscapes. The cases included standard buy-to-let properties and Houses in Multiple Occupation (HMO) remortgages, each with its distinct structure and portfolio […] Posted by: Mya Driver Read more
Southampton Retail Park Joins M Core’s Portfolio in £35m Deal Nov 21, 2023 M Core, one of the UK’s leading commercial property collectives, has expanded its portfolio with the acquisition of Southampton’s Antelope Retail Park, a key part of a £35 million investment encompassing several retail centres. The Antelope Retail Park, boasting an expansive 138,000 sq ft area, hosts a variety of popular stores including The Range, Lidl, […] Posted by: Mya Driver Read more
Developer announced for £100m+ Torbay scheme secured through UKREiiF Nov 21, 2023 A new public and private sector partnership has been set up to accelerate economic growth and regeneration in Torbay, off the back of a £100m+ deal that was secured at The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) with help from investment consultants at REiiCON (Real Estate and Infrastructure Investment Consultancy) – a business […] Posted by: Mya Driver Read more
Billingham Secures £20m in Levelling Up Funds, Poised for Economic Revitalisation Nov 20, 2023 Tees Valley Mayor Ben Houchen has welcomed the government’s announcement of a £20 million grant for Billingham from the Levelling Up Fund Round 3. This funding, aimed at job creation and redevelopment, is a significant boost for the town, building upon a previous £6 million allocation from Stockton Council. Mayor Houchen emphasised the importance of […] Posted by: Mya Driver Read more
