Speakers unveiled for West Midlands UKREiiF programme May 16, 2024 The trio will join a diverse delegation of real estate experts and local authority leaders on the West Midlands pavilion at the UK’s Real Estate and Infrastructure Investment Forum (UKREiiF). Led by West Midlands Mayor Richard Parker, the West Midlands will exhibit collectively at UKREiiF for the first time, the West Midlands will exhibit collectively […] Posted by: David Gilbank Read more
UKREiiF-Bound Blackpool Launches Major Housing Regeneration Project May 16, 2024 Blackpool is set to begin the first phase of a 20-year plan to transform housing in its inner areas, focusing on the regeneration of deprived neighbourhoods behind the resort’s famous Golden Mile. Councillors will meet to agree on the initial steps of the extensive scheme, which follows the announcement of £90 million in government Levelling […] Posted by: David Gilbank Read more
IJM and Network Rail to Develop Eight New Sites in Central London May 16, 2024 IJM Land Bhd, the property arm of IJM Corporation Bhd, has announced securing eight central London sites for development in partnership with Network Rail Property. The planned development could result in approximately 1,600 new homes with an estimated gross development value exceeding £3 billion (RM17.8 billion). The sites collectively offer up to 3.55 million square […] Posted by: David Gilbank Read more
New Reserved Investor Fund to Boost Town Centre Regeneration May 16, 2024 The new Reserved Investor Fund (RIF) is set to unlock billions for town centre regeneration and achieving net zero targets. The RIF, expected to be available to investors after the Royal Assent to the forthcoming Finance Bill 2024, has garnered widespread industry support. The RIF legislation is advancing quickly through the latter stages of the […] Posted by: David Gilbank Read more
Birmingham City Council to Sell £20m Property Portfolio May 16, 2024 Birmingham City Council is set to sell 100 ground rent assets in and around the city centre as part of its ongoing asset disposal programme. The council has enlisted Lambert Smith Hampton (LSH) to manage the sale of this portfolio, which includes commercial, industrial, and non-operational council-owned properties. The assets will be sold individually or […] Posted by: David Gilbank Read more
Columbia Threadneedle Expands Retail Portfolio with Major Acquisitions May 16, 2024 Columbia Threadneedle Real Estate, the investment and asset management division of Columbia Threadneedle Investments, has expanded its retail portfolio by acquiring Phases 2 and 3 of Merry Hill Retail Park in Brierley Hill and Phoenix Retail Park in Corby. Both acquisitions were made on behalf of separate client funds, with the purchase amounts remaining undisclosed. […] Posted by: David Gilbank Read more
Blue Shield Capital Secures £25 Million Loan from OakNorth Bank May 15, 2024 Blue Shield Capital, a property lending firm specialising in bridging loans, has received a £25 million loan from OakNorth Bank. Launched in 2020 by Gil Ulrich and Jonathan Hitter, Blue Shield focuses on underwriting senior bridging loans backed by UK real estate, particularly in prime cities and suburban areas. The company recently welcomed Stephen Benson […] Posted by: David Gilbank Read more
Britannia Secures £10 Million for Manchester Project May 15, 2024 Britannia has secured £10 million for its development at a former probation centre site in South Manchester. The financing includes a £9.5 million development loan from specialist lender Together and £650,000 from the Greater Manchester Combined Authority’s Brownfield Housing Fund. Initial works have started on the Daisy Bank Road site in Victoria Park, with main […] Posted by: David Gilbank Read more
Massive Former Waste Site in Shipley May Be Demolished for Redevelopment May 15, 2024 A former waste site in Shipley, which has remained empty since being gutted by fire in 2018, could soon be demolished. The Associated Waste Management site on Valley Road is considered “no longer fit for modern day use,” and an application to demolish its structures has been submitted to Bradford Council. Oniel Construction (Yorkshire) has […] Posted by: David Gilbank Read more
Godwin Expands Bristol Presence With the Acquisition of Next Residential Site May 15, 2024 National property business announces that it has recently secured its second site in Bristol through the acquisition of Places for People’s consented Dove Lane scheme. The gateway development situated in central Bristol has detailed planning for 358 homes, including 72 affordable properties, spread across buildings of various heights, as well as public open spaces, landscaping, and […] Posted by: David Gilbank Read more
