GPE Secures £350m for New London Projects Jun 12, 2024 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 Read more
Brighton Council to Discuss Land Purchase for Affordable Housing in Hove Jun 12, 2024 Brighton and Hove City Council is set to consider acquiring land in Hove to build 300 new homes. The proposal, which will be discussed at the council’s new cabinet meeting on 27 June, involves a partnership between the council and affordable housing provider Hyde Group under the initiative Homes for Brighton and Hove. The plan […] Posted by: Mya Driver Read more
Bradford Council Approves Demolition of Structures Jun 12, 2024 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 Read more
Former Sheffield School Site on Manor Oaks Road Available for Housing Development Jun 12, 2024 The former St John’s Church of England Nursery Infant and Junior School site, located off Manor Oaks Road in Wybourn, is listed for sale. The council is inviting offers for the 1.69-hectare plot, which currently has no listed price. The school closed in 2003 after merging with St Oswald’s Roman Catholic Infant and Junior School […] Posted by: Mya Driver Read more
Legal & General to sell Cala Homes and focus on Pensions Jun 12, 2024 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 Read more
Glenbrook Investments acquires former Safestyle UK industrial estate Jun 12, 2024 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 Read more
Planning granted for Resident Farringdon Jun 12, 2024 Planning permission has been granted by the City of London to Mactaggart Family & Partners for The Resident Farringdon. The 128-room hotel, which is due to open in 2027, will be the fifth London site for the brand, taking it to a total portfolio of seven properties across the UK. The hotel has been designed […] Posted by: Mya Driver Read more
Network Space Developments submits planning for former Manchester College site Jun 12, 2024 Network Space Developments (NSD) has submitted a planning application for four new industrial units on its 2.8-acre site on Welcomb Street, Openshaw. The former Manchester College site, accessed from the Ashton Old Road (A635), currently comprises several redundant buildings of varying ages and sizes which were previously used as classrooms and workshops by the Manchester […] Posted by: Mya Driver Read more
City Corporation approves plans to transform wartime Kingsway Tunnels site into new cultural attraction Jun 11, 2024 The City of London Corporation’s Planning and Transportation Committee has today, approved proposals to change the use of the deep-level subterranean wartime shelter tunnels under High Holborn, into a visitor and cultural attraction. Buildings at 38-41 Furnival Street would be combined into a single structure, with the ground floor used as the main entrance to […] Posted by: Mya Driver Read more
MediaCity Site with Potential for 35-Storey Tower Hits Market Jun 11, 2024 A prime development site at MediaCity in Salford, currently home to a multi-let office, has been put on the market. This site offers significant potential for a 35-storey tower, providing an opportunity for substantial high-rise development in the dynamic MediaCityUK area, known for its extensive media and creative industries presence. The location is part of […] Posted by: Mya Driver Read more
