Puma Property Finance facilitates a £43m loan for Newcastle PBSA development Feb 6, 2025 Puma Property Finance (“Puma”) today announces it has facilitated a £43 million loan to Vita Group to fund the development of a new 260-bed purpose-built student accommodation (PBSA) scheme in Newcastle. This latest scheme follows Puma’s recent partnership with Vita on a 268-bed PBSA development in Edinburgh in December 2024.The Newcastle development is in the […] Posted by: Deividas Krupstas Read more
Riverside Sunderland masterplan gets green light for flagship 165-home Placefirst neighbourhood Jan 9, 2025 Placefirst’s proposals for a new flagship residential neighbourhood on Farringdon Row, have received planning approval, marking a new significant milestone within the Riverside Sunderland Masterplan. Following Sunderland City Council’s decision, we will begin transforming the 4.57-acre brownfield site into a high-quality 165-home neighbourhood by June 2025. Consisting of 67 homes and 98 apartments for long-term […] Posted by: Deividas Krupstas Read more
Gresham regeneration plans move forward after multi-million pound injection Dec 20, 2024 Plans for transformational scheme to regenerate a key site in the heart of Middlesbrough from next spring have moved forward after new funding was approved. Middlesbrough Development Corporation (MDC) has agreed to provide a further £7million to breathe life into Gresham with the development of a new hotel alongside professional living and student accommodation. The […] Posted by: Mya Driver Read more
200-bed hotel set for Middlesbrough Oct 21, 2024 International hotel brand Fairfield by Marriott is in discussions to open a new 200-bedroom hotel coming to the heart of Middlesbrough. Building work on the Gresham hotel project is forecast to start in early summer next year, subject to board approval. Members of the Middlesbrough Development Corporation Board will meet this Friday to agree next […] Posted by: Deividas Krupstas Read more
Citra Living Acquires 821 Homes from Gatehouse Living Group Oct 16, 2024 Citra Living, a subsidiary of Lloyds Banking Group, has completed the acquisition of 821 rental homes from Gatehouse Living Group. The property deal, finalised on October 16, 2024, includes homes across Greater Manchester, Merseyside, and the West Midlands, spread over nine schemes that were originally completed in 2018. This acquisition marks a significant expansion of […] Posted by: Deividas Krupstas Read more
Principal acquires life sciences asset in North England Oct 14, 2024 Principal Asset Management has successfully acquired a life sciences facility in Alnwick, Northumberland, for its Log In fund, which focuses on life sciences and innovation properties. The 16,000 square meter property was secured through a sale-and-leaseback transaction, though the specific purchase price remains undisclosed. This acquisition reflects Principal’s strategic focus on the expanding life sciences […] Posted by: Mya Driver Read more
Thirteen Group Reports Strong Financial Results and Increased Investment in New Homes Development Oct 4, 2024 Thirteen Group, one of the leading housing associations in the North East and Yorkshire, has announced robust financial results for the latest fiscal year, marked by a significant increase in surplus and substantial investment in new home development. Thirteen Group continues to focus on tackling the housing crisis in the North East and Yorkshire by […] Posted by: Deividas Krupstas Read more
£4bn Teesworks energy project given green light by Government Oct 4, 2024 The highly anticipated Net Zero Teesside project – set to bring thousands of jobs to our region – has today received the green light from Government, with work beginning by the end of the year. The £4billion project – led by bp and Equinor – will establish the world’s first industrial-scale carbon capture, utilisation, and […] Posted by: Deividas Krupstas Read more
Blackstone announces £10bn investment into UK AI data centre Sep 26, 2024 Blackstone has confirmed they’ll be investing around £10bn into the UK for an artificial data centre in Blyth, situated in the North East of England. The development will create 4,000 jobs including 1,200 during the construction period – with the project housed on the site formerly outlined for the BritishVolt battery plant which was set […] Posted by: Deividas Krupstas Read more
£96 Million Funding Approved for New Liverpool Baltic Merseyrail Station Sep 23, 2024 The Liverpool City Region Combined Authority has approved a £96 million funding package to support the construction of the new Liverpool Baltic Merseyrail station. This transformative investment signifies a major leap forward in enhancing the region’s transport infrastructure, further solidifying the city’s ambitions to improve connectivity and sustainability. The new station will be strategically located […] Posted by: Deividas Krupstas Read more
