£90 Million Student Accommodation Portfolio Hits the Market Across Four UK Cities Mar 1, 2024 Beachrock has announced its role in orchestrating the sale of a purpose-built student accommodation (PBSA) portfolio valued at £90 million, offering 1,494 student bed spaces across prime university cities in the UK. Each individual bed space in the collection is valued at £60,000, presenting an attractive proposition for investors. The portfolio encompasses seven assets situated […] Posted by: Mya Driver Read more
Hot tip: Uttlesford District Council To sell off £101 Million Chesterford Research Park? Feb 27, 2024 Uttlesford District Council is set to discuss the strategic sale of Chesterford Research Park, valued at approximately £101.8 million, during its upcoming annual budget meeting. This discussion is part of the council’s broader financial management strategy aimed at optimizing its asset portfolio to better serve the community. Chesterford Research Park is a key asset in […] Posted by: Mya Driver Read more
Octopus Real Estate partners with Acacia Care to fund three purpose-built care homes for the elderly Feb 14, 2024 Octopus Real Estate, part of Octopus Investments and a leading specialist real estate investor and lender, announces c. £35m of funding to three new care homes in the Octopus Healthcare Fund’s (OHF) portfolio of more than 100 homes. These homes will provide a total of more than 200 high-quality beds, having been funded as part […] Posted by: Mya Driver Read more
Chancerygate acquires Newmarket Site to deliver £11.5m Logistics Development Feb 12, 2024 Developer Chancerygate has purchased a 2.48 acre site in Newmarket to speculatively build 51,000 sq ft of Grade A urban logistics space. The site is located on Exning Road two miles south of the A14, with access to the east coast ports and the national motorway network. Chancerygate intend to develop 10 units ranging from […] Posted by: Mya Driver Read more
Norfolk Set to Decide on £7 Million Brownfield Revitalisation in Upcoming Devolution Deal Nov 16, 2023 Norfolk County Council is on the verge of a decisive moment regarding a transformative devolution deal, which includes a significant £7 million allocation for brownfield site development. Council leader Kay Mason Billig anticipates potential enhancements to the deal in Chancellor Jeremy Hunt’s autumn statement. This decision, crucial for the county’s urban redevelopment, is tied to […] Posted by: Mya Driver Read more
Thetford’s Abbey Estate Embarks on £250M Regeneration: 1,030 Modern Homes to Enliven Community Oct 27, 2023 The Abbey Estate in Thetford is gearing up for a significant regeneration project, setting a new trajectory for this historic estate. The initiative is spearheaded by the Flagship Housing Group, which has unveiled a comprehensive plan to renovate 540 existing homes and build an additional 490 units, totaling 1,030 modern homes. This project is rooted […] Posted by: Mya Driver Read more
Nuveen Real Estate partners with Apache Capital to deliver Present Made’s single-family housing development with Cambridge University’s Estates Division Oct 17, 2023 Nuveen Real Estate, one of the largest real estate investment managers in the world with $152 billion of assets under management, has formed a joint venture (‘JV’) with UK-focused real estate investment manager Apache Capital to fund single-family build-to-rent (‘BTR’) housing across the UK. All sites will be developed and operated for the long-term by […] Posted by: Mya Driver Read more
East of England Showground to become 1,500 Homes, Leisure Centre, and Hotel Oct 12, 2023 The East of England Showground, historically celebrated as the home of the Peterborough Panthers since 1966, is set to embark on an exciting new chapter. The famed racetrack is poised for a transformation, making way for an invigorating blend of modern living and leisure. Owner of the Peterborough Panthers, Keith Chapman, commented on the upcoming […] Posted by: Mya Driver Read more
65m North Quay Riverside Project: Great Yarmouth Council in Search of Development Partner Sep 1, 2023 Great Yarmouth Borough Council is actively seeking a development partner for its ambitious £65 million North Quay Riverside Gateway regeneration project. The council aims to transform this area into a vibrant new neighbourhood near the town centre and waterfront. Preliminary discussions with landowners of the designated four hectares for the project are underway, with the […] Posted by: Mya Driver Read more
Plans Unveiled for 1,500 Homes at Peterborough’s East of England Showground Aug 31, 2023 The future of Peterborough’s iconic East of England Showground could see a significant transformation as plans for the construction of 1,500 homes are now under consideration. Located on the 165-acre site at Oundle Road, Alwalton, the multi-million-pound development proposal is currently awaiting public feedback before a decision is made by the Peterborough City Council. Introduced […] Posted by: Mya Driver Read more