UKREiiF News

Dacorum Borough Council Unveils Ambitious Investment Vehicle for Regeneration and Housing Development

Dacorum Borough Council is launching a new investment vehicle to harness the Council’s assets to fund a series of regeneration and housing projects across the borough. The new investment vehicle is designed to attract market input and partnerships, further supporting the Council’s commitment to sustainable development and meeting local housing demands. This innovative approach underscores […]

Posted by: Mya Driver

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City Corporation approves new hotel between Museum of London and the Barbican to meet future visitor demand

The City of London Corporation’s Planning Applications-Sub Committee has approved proposals to redevelop two office buildings between the future Museum of London site and the Barbican Centre, into to a new hotel. Buildings at 1-8 Long Lane will be combined and developed into a single, 9-storey hotel that will deliver 128 rooms, including a 10% […]

Posted by: Mya Driver

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£1bn battery storage project set for Teesworks

Details about Europe’s largest battery storage facility at Teesworks are set to be revealed at a public exhibition later this month. Teesworks Ltd has reached an agreement with leading battery storage specialist Natpower UK for an option to build a giant Battery Energy Storage System (BESS) at the Long Acres section of the 2,500 acre […]

Posted by: Mya Driver

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GPE Secures £350m for New London Projects

Great Portland Estates (GPE) has successfully raised £350 million to advance new opportunities in central London. In May, GPE launched a fully underwritten three-for-five rights issue, aiming to generate approximately £350 million gross – £336 million net of expenses – by issuing 152 million new shares at 230 pence each. Today, GPE confirmed that it […]

Posted by: Mya Driver

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Bradford Council Approves Demolition of Structures

Bradford Council has approved the demolition of fire-damaged structures on Valley Road, Shipley. Consortium House and a section of the wall from the former Associated Waste Management site will be taken down over three days. The site has been vacant since a fire in 2018. Earlier this year, plans to develop the area into a […]

Posted by: Mya Driver

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Legal & General to sell Cala Homes and focus on Pensions

Legal & General’s new chief executive, António Simões, has revealed a comprehensive restructuring of the company. This plan includes a heightened focus on the booming pensions sector and the sale of its housebuilding arm, Cala Homes. Simões, who took over in January after a career with Santander and HSBC, aims to streamline the business into […]

Posted by: Mya Driver

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Glenbrook Investments acquires former Safestyle UK industrial estate

Glenbrook Investments has acquired a 62,000 sq ft industrial estate from the administrator of H.P.A.S Limited, formerly trading as Safestyle UK. The property, located on Station Road Industrial Estate in Barnsley, was originally constructed as a multi-let industrial estate, but used solely by Safestyle as its UK distribution and training facility. Comprising 17 units across three terraces on a 4.5 acre self-contained site, the sale also includes a 1.6 acre parcel of vacant land, providing options for […]

Posted by: Mya Driver

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