Mortimer Street Capital Seals £4.1m Development Exit Agreement Apr 30, 2024 Mortimer Street Capital has finalised a £4.1 million development exit bridging facility for a client who recently completed a 22-unit scheme within a gated development in Surrey. Following the completion of the scheme with new build warranties in place, the client sought to refinance the existing development finance facility. Their aim was to lower their […] Posted by: David Gilbank Read more
Proposal for 1,300 Homes in East Malling Apr 30, 2024 Plans have been submitted for a new housing development in East Malling. The planning application has been submitted by the East Malling Trust for a project named Bradbourne. The proposed development would feature 1,300 homes on 80 hectares of farmland situated between Kiln Barn Road and Hermitage Lane. The plans include provisions for essential amenities […] Posted by: David Gilbank Read more
Consultation Opens for 1,430 Homes in Newton Aycliffe Apr 30, 2024 A consultation commences for a substantial housing plan in Newton Aycliffe, set to introduce 1,430 new homes to the area. The focus is on the Copelaw site, designated for significant development as part of Durham County Council’s County Durham Plan, with ambitions to introduce approximately 1,430 new homes. Initiating efforts to support this vision, the […] Posted by: David Gilbank Read more
Devolution: Regions Push to Finalise Agreements Ahead of General Election Apr 30, 2024 Two regions have hopes of establishing shadow combined authorities by the year’s end. Meanwhile, one area has already crossed the finish line. Inquiries by LGC this month revealed that several councils engaged in active discussions regarding devolution deals are making strides towards solidifying their arrangements. Among them is the Greater Lincolnshire deal, which entails Lincolnshire […] Posted by: David Gilbank Read more
GXO Bolsters UK Logistics Presence with Wincanton Acquisition Apr 30, 2024 GXO Logistics, Inc. has finalised its acquisition of Wincanton plc. The completion of the acquisition, effective immediately, positions GXO as the sole shareholder of Wincanton. Shareholders of Wincanton are poised to receive consideration of 605 pence per share, with the scheme record time set at 6:00 p.m. BST on April 26, 2024. Malcolm Wilson, CEO […] Posted by: David Gilbank Read more
The Team Behind the Torbay Deal: UKREiiF 2024 will be huge Apr 30, 2024 By David Atkinson, Head of Land and Development, Willmott Dixon As the National Head of Land and Development at Willmott Dixon, I’ve had the privilege of navigating the intricate landscape of real estate development, particularly focusing on the collaborative efforts between the public and private sectors. My involvement in last year’s landmark ten year development […] Posted by: Mya Driver Read more
£80million Telford Station Quarter scheme to be showcased at UKREiiF Apr 29, 2024 An £80million scheme to transform the heart of Telford is to be showcased at a major national development and investment event. Telford & Wrekin Council’s ambitious scheme to create a vibrant new residential, educational and business community in the heart of Telford – including an academic campus focused on digital skills and enterprise – will […] Posted by: David Gilbank Read more
Plans for 3000+ Homes in Yorkshire Apr 29, 2024 Caddick Group, the developer behind the proposed Maltkiln project situated between York and Harrogate, has announced a public consultation event to be held in Kirk Hammerton next month. Scheduled for Tuesday, May 7, at Kirk Hammerton village hall from 2pm to 8pm, the event aims to provide the local community with an opportunity to review […] Posted by: David Gilbank Read more
Thetford Abbey Estate Set for 500+ Homes plan Apr 29, 2024 Exciting plans have been unveiled for the rejuvenation of Thetford’s Abbey Estate, as Flagship Housing Group submits proposals to Breckland Council. The ambitious redevelopment project envisions the demolition and reconstruction of hundreds of homes, alongside the construction of up to 500 new properties. Over a span of 20 years, the estate is poised to undergo […] Posted by: David Gilbank Read more
Plymouth Council Seeks Partner for Ambitious Heat Network Project Apr 29, 2024 Plymouth City Council has announced plans for a heat network scheme aimed at decarbonising the city. In a recent move, the council issued a prior information notice (PIN) to explore potential collaborations with a heat network development partner. The project, set to transform Plymouth’s energy landscape, seeks to tap into surplus or waste heat sources […] Posted by: David Gilbank Read more
