Newcastle Council to Demolish Hexham House for New Housing Development Jun 5, 2024 Newcastle City Council is moving forward with plans to demolish Hexham House, a 16-storey high-rise in Walker, as part of a broader initiative to revitalise the area and provide new housing opportunities for residents. The demolition of Hexham House, alongside nearby low-rise flats over Church Walk shops, will pave the way for the construction of […] Posted by: Mya Driver Read more
Henry Boot to deliver £110m logistics and manufacturing hub following planning consent Jun 5, 2024 Henry Boot announces that HBD, the Group’s property investment and development arm, has secured Reserved Matters planning consent for three units totalling 464,000 sq ft at SPARK, Walsall, its £110m gross development value (“GDV”) industrial and logistical project. The wider 620,000 sq ft SPARK project is being delivered in partnership with Walsall Council, Homes England, West Midlands Combined […] Posted by: Mya Driver Read more
Brookfield Considers Bid for Tritax EuroBox Jun 5, 2024 Brookfield Asset Management has announced it is in the early stages of evaluating a potential bid for the London-listed real estate investment trust (REIT), Tritax EuroBox. The Canadian firm, chaired by former Bank of England governor Mark Carney, has until 5pm on 1 July to make a firm offer or withdraw. Tritax EuroBox, which owns […] Posted by: Mya Driver Read more
Cambridge Council to Decide on £54m East Barnwell Regeneration Jun 5, 2024 Councillors are set to vote on a £54 million regeneration project aimed at revitalising the Newmarket Road junction in East Barnwell. The meeting, scheduled for 11 June, will determine if the proposed redevelopment can proceed. Cambridge City Council, in collaboration with the Cambridge Investment Partnership—a joint venture between the council and Hill Investment Partnerships—has put […] Posted by: Mya Driver Read more
CBRE Markets 430 Acres of Prime Cheshire Land Jun 5, 2024 CBRE is bringing 430 acres of land in Cheshire to the market on behalf of NPL Group. The portfolio includes four strategic plots located near Northwich, each with potential for various developments. The largest plot, located off King Street, spans 189 acres. The other sites available are a 47-acre plot in Longwood, a 35-acre area […] Posted by: Mya Driver Read more
Great Portland Estates Insider Toby Courtauld Buys Company Shares Jun 4, 2024 Toby Courtauld, an insider at Great Portland Estates Plc (LON:GPE), has purchased 42 shares of the company’s stock. The transaction occurred on Friday, May 31st, at an average cost of 358p per share, amounting to a total value of £150.36. Great Portland Estates’ stock opened at 342p on Tuesday. The company, which has a market […] Posted by: Mya Driver Read more
Superior Care Acquires Warrens Hall in Multi-Million Pound Deal Jun 4, 2024 Oldbury-based Superior Care (Midlands) Ltd has announced the acquisition of Warrens Hall, located in Tividale, near Dudley. This investment aligns with the company’s vision for growth and commitment to enhancing care quality in the West Midlands. Warrens Hall, formerly owned by HC-One, caters to elderly residents and younger individuals requiring specialised care. It is staffed […] Posted by: Mya Driver Read more
Forest of Dean Residents to Be Consulted on 6,600 Homes Plan Jun 4, 2024 Forest of Dean District Council leaders have approved a draft local plan outlining where 6,600 new homes will be built by 2041. The plan focuses on Lydney, Beachley, and Newent, with 1,300 homes planned for Lydney, 600 at Beachley Barracks, and 600 at a new site southeast of Newent. Other allocations include 320 homes in […] Posted by: Mya Driver Read more
Blackstone and Regis Acquire 1,750 Homes from Vistry for £580 Million Jun 4, 2024 Blackstone Inc. and Regis Group Plc have finalised a deal to purchase a portfolio of 1,750 homes from UK homebuilder Vistry Group Plc for £580 million. The homes, mainly located in the south east of England and spanning 36 developments, will be managed by Leaf Living, a private rented sector housing provider backed by funds […] Posted by: Mya Driver Read more
ACCESS LGPS Pool Awards £250m Property Mandate to Aviva Investors Jun 4, 2024 The £40bn ACCESS LGPS pool has appointed Aviva Investors to manage a £250 million long-lease property mandate. This mandate will be handled by Aviva Investors on behalf of the Lime Property Fund, which specialises in cross-sector property investments in the UK. These investments are designed to provide inflation-linked or fixed rental uplifts with leases extending […] Posted by: Mya Driver Read more
