£25m Deal Seals New Ownership for Leicester’s Meridian Leisure Park Jan 3, 2024 Meridian Leisure Park in Leicester has been acquired by Greenridge Opportunities LP from Legal & General Investment Management (LGIM) for £25 million. The transaction, reflecting a yield of 8.50%, was facilitated in an off-market deal with Montagu Evans advising LGIM and Savills representing Greenridge. Located in a strategic position southwest of Leicester City Centre and […] Posted by: Mya Driver Read more
Hilltop Credit Partners Facilitates £16.1M Loan for Leicester Build-to-Rent Project Dec 15, 2023 Hilltop Credit Partners, a residential-focused real estate investment manager, has completed a £16.1 million loan to Mitchian Group for a new Build to Rent (BTR) development in central Leicester. The Jarrom Street scheme, which Hilltop Credit Partners is funding, aims to create 122 new homes. This development includes 116 one-bedroom apartments, one two-bedroom apartment, and […] Posted by: Mya Driver Read more
Olympian Homes & Housing Growth Partnership announce Joint Venture to deliver £120 million, 790-bed PBSA scheme Dec 14, 2023 Olympian Homes, the established commercial and residential developer, and Housing Growth Partnership (HGP) have formed an equity Joint Venture (JV) to deliver a 790-bed Purpose Built Student Accommodation Scheme (“PBSA”) in Nottingham city centre. The scheme, which will also include 19 affordable homes, has a Gross Development Value of c. £120 million. Known as ‘Forest […] Posted by: Mya Driver Read more
£1.14 Billion East Midlands Revitalisation: Major Development and Investment Plans Set in Motion Dec 11, 2023 The East Midlands region is poised for a transformation with the approval of a £1.14 billion investment plan, marking a new era of development and opportunity. This initiative follows the creation of the East Midlands Combined County Authority (EMCCA), a move that will centralise and enhance governance across Derbyshire, Nottinghamshire, Derby, and Nottingham. Residents of […] Posted by: Mya Driver Read more
£23m Arcadian Student Complex Enhances Nottingham’s Student Living Dec 11, 2023 The Arcadian, a new £23m student accommodation project under construction in Nottingham’s city centre, is now part of an innovative student housing portfolio. EVO Student, the newest venture by Homes for Students, a prominent provider of purpose-built student accommodation (PBSA), has incorporated the Arcadian into its collection. Urbium Capital, the developer behind the Arcadian, plans […] Posted by: Mya Driver Read more
Moorfield Group, Melberry Developments and Funding House partner for £42m student accommodation scheme Nov 15, 2023 Moorfield Group (“Moorfield”), the UK real estate fund manager, has entered into its second development agreement with Melberry Developments (“Melberry”), on behalf of Moorfield Real Estate Fund V, for a 293-bed purpose-built student accommodation scheme in Lincoln. It is also Moorfield’s second project in its “Zennor” partnership with Funding House. The £42m GDV scheme, funded […] Posted by: Mya Driver Read more
West Northamptonshire Council Acquires St James’ Depot for Northampton Revitalisation Nov 9, 2023 In a strategic move to revitalise Northampton, West Northamptonshire Council has acquired the former St James’ Depot, an area lying dormant for over a decade. This 4.5-acre site is set to be transformed into a vibrant housing development as part of Northampton’s broader regeneration efforts. The council, having purchased the site from Church’s Shoes, is […] Posted by: Mya Driver Read more
Preferred Developer announced for a major £130+ million Northampton regeneration project Oct 31, 2023 West Northamptonshire Council has confirmed that national regeneration developer, Cityheart has been announced as their preferred development partner to bring forward the Four Waterside and Marefair sites. Working in a joint venture partnership with West Northamptonshire Council (‘WNC’) Cityheart will deliver a transformational and ambitious scheme for the town centre. Situated at the entrance of […] Posted by: Mya Driver Read more
£17.9 million investment to level up Worksop Town Centre Oct 24, 2023 A total of £17.9 million from the Levelling Up Fund has been awarded to Bassetlaw District Council to transform Worksop Town Centre. The funding, along with an additional £2 million from the Council and its partners has allowed the Council to purchase the Priory Centre shopping precinct and begin regeneration work that will provide additional leisure and […] Posted by: Mya Driver Read more
Orbit Housing Association Announces £48m Green Retrofit Initiative Oct 16, 2023 Orbit, a major housing association managing 47,000 homes, has announced its search for a contractor to carry out a substantial £48m retrofit initiative aimed at decarbonising a significant portion of its housing stock. This move comes as part of the association’s commitment to meeting the standards set by PAS 2035, a comprehensive specification tailored for […] Posted by: Mya Driver Read more
