Former Government building in Southend to be transformed into 550+ new homes Nov 7, 2024 Southend-on-Sea City Council has approved proposals submitted by leading developer Comer Homes to transform Alexander House into a considered collection of new homes and premium retail spaces. Once occupied by Her Majesty’s Revenue and Customs as a regional centre, Alexander House will become a landmark new gateway development for the city, with an improved, attractive […] Posted by: Deividas Krupstas Read more
Secure Trust Bank Strikes £3.8m Affordable Housing Loan with V&F Homes Nov 5, 2024 V&F Homes has received a bespoke £3.8m residential property investment loan from Secure Trust Bank (STB) Real Estate Finance to further fund growth of its affordable housing portfolio in East Anglia. Comprising of 51 new-build homes spanning across Norfolk and Suffolk, the portfolio features a mixture of shared ownership and affordable housing schemes. V&F Homes, a […] Posted by: Deividas Krupstas Read more
M&G Real Estate acquires Cambridge office buildings for industrial scheme Oct 24, 2024 M&G has acquired two offices in Cambridge titled Prospect House and Carisbrooke Court, with plans to transform the offices into industrial and warehouse space, with several warehouses surrounding the properties. The assets total 52,053 sq ft and is based on the Buckingway Business Park in Cambridge. The redevelopment will be led by Goya Developments. Patrick […] Posted by: Deividas Krupstas Read more
Pigeon acquires Chelmsford Grade A office asset in £7m deal Oct 23, 2024 Pigeon has acquired Parkview House in Chelmsford city centre – a Grade A office building – for £7.1m. The purchase marks Pigeon’s first office acquisition following the Covid pandemic showcasing a returning confidence to the commercial property market. The building boasts an impressive roster of businesses in the financial and professional services sector. As a […] Posted by: Deividas Krupstas Read more
Grand Union and Longhurst Group agree to merge Oct 9, 2024 Grand Union Housing Group and Longhurst Group have agreed to come together and merge as single entity after Boards at both organisations unanimously agreed to the proposal and signed off a detailed business case. The aim is for both organisations to come together formally and legally in December under a new name and brand. The […] Posted by: Deividas Krupstas Read more
Mission Street and BGO Secure Planning Consent for Landmark Life Sciences Development in Cambridge Sep 20, 2024 Mission Street, in partnership with BGO, has received planning approval from Cambridge City Council for an ambitious new life sciences development that will create a cutting-edge urban science district in the heart of the city. The project will span 23 acres and provide approximately 1 million square feet of gross internal area (GIA) across seven […] Posted by: Deividas Krupstas Read more
Government announces new Devolution deals across England Sep 19, 2024 Devolution deals have been confirmed for Hull & East Yorkshire, and for Lincolnshire – with Combined County Authorities also set to be established in Lancashire, and Devon & Torbay. The Mayoral elections will be in 2025 if the devolution deals are approved by Parliament. Greater Lincolnshire will receive an additional £24m a year from Government, […] Posted by: Deividas Krupstas Read more
New world-leading data centre on the horizon for Hertfordshire Sep 12, 2024 Planning has been submitted by DC01UK for a new, state-of-the-art data centre situated in Hertsmere, Hertfordshire. The proposed best-in-class facility would be one of the largest data centre campuses in Europe, catering for up to two million square feet of floor space, set in the grounds of 85 acres adjacent to the A1 and M25, […] Posted by: Deividas Krupstas Read more
Paloma Capital and Graftongate acquire Bedford industrial site for £25m redevelopment Sep 10, 2024 Private equity real estate investor, Paloma Capital, with development partner Graftongate, has completed the acquisition of a 5.77-acre industrial site in Bedfordshire. The site is located on the multi-let Elm Farm Industrial Estate, Caxton Road, near Bedford town centre, adjacent to the A4280 dual carriageway. Paloma Capital and Graftongate will draw up plans to redevelop […] Posted by: Deividas Krupstas Read more
Octane Capital Completes £8.5 Million Developer Exit Aug 21, 2024 Octane Capital has completed an £8.5 million developer exit facility, finalising the deal within 20 days of receiving the application. This move has provided crucial refinancing for a nationwide developer, allowing them to manage the remaining 30 units across two new-build sites located in Pershore and Ely. The transaction was structured across two cross-charged loans, […] Posted by: Mya Driver Read more
