Financing of Downing Living’s multifamily development in Manchester Jan 23, 2023 Precede Capital Partners (“Precede Capital”), the real estate development lending platform, in partnership with global financial services group Nomura, today announces that it has provided a £227 million four-year whole-loan facility to Downing Living, the residential-focused division of leading property developer and operator Downing. The facility will be used to finance the construction of First […] Posted by: Mya Driver Read more
£40 million Levelling Up funding to deliver new Multiversity Jan 23, 2023 £40m funding has been confirmed to deliver new Multiversity education campus in Blackpool! Blackpool Council, supported by Wyre Council, will receive the funding to deliver a new Multiversity, a carbon-neutral, education campus in Blackpool’s Talbot Gateway Central Business District. New images show the scale of the landmark development, which will allow Blackpool and the Fylde […] Posted by: Mya Driver Read more
Manchester office building redevelopment plans submitted Jan 19, 2023 Plans have been submitted to redevelop a vacant office block in Manchester City Centre. The 45-storey, Albert Bridge House on Bridge Street will become BTR accommodation, along with 365,000 sq ft of office space. The plans have been submitted by Oval Real Estate. The current site is occupied by HMRC up until recently, but is […] Posted by: Mya Driver Read more
Eden Project Morcambe awarded £50m Jan 19, 2023 Eden Project Morecambe, previously known as Eden Project North, has been awarded £50m in the second round of the UK Government’s Levelling Up Fund. The funding allows the project to move into its next phase and begin the process of finalising the remaining funds required from private and philanthropic sources identified as part of the […] Posted by: Mya Driver Read more
Laura Percy joins U+I to lead £1.5bn Mayfield project Jan 13, 2023 With over 15 years’ experience in real estate investment and development, Laura brings a passion for long-term place curation to lead the team at Mayfield as the scheme builds on the successful delivery of Mayfield Park and moves towards its first phase of building development. Laura arrives with a wealth of experience and success in […] Posted by: Mya Driver Read more
Lancaster University gets £60m loan from Santander UK Jan 12, 2023 Santander UK has provided Lancaster University with a £60m sustainability-linked five-year revolving credit facility. It is one of the first such loans Santander UK has provided to a UK university. The funding provides Lancaster University, which has been a Santander UK client since 2014, with cash reserves required to meet its operational costs and funds […] Posted by: Mya Driver Read more
Tungsten Properties sells ‘Super W’ net zero warehouse for £32.1 million Jan 11, 2023 Tungsten Properties has sold Super W, a 246,136 sq ft (22,866 sq m) newly built prime distribution warehouse unit in Warrington, Cheshire to Leftfield for £32.1 million reflecting a net initial yield of 4.96%. In August 2022, Super W was let to Farmfoods Limited on a 25-year lease at a rental of £1.7 million per annum for their distribution warehouse. Super W is situated in […] Posted by: Mya Driver Read more
Investment boost for Liverpool and East Anglia as Freeports given green light Jan 11, 2023 Freeports in Liverpool and East Anglia have received final government approval meaning the majority of English Freeports are now fully up and running. Freeports in Liverpool and East Anglia have received final government approval today (Tuesday 10th January) meaning the majority of English Freeports are now fully up and running. Freeport East and Liverpool City […] Posted by: Mya Driver Read more
Consultation launched on Chester City Gateway Strategic Regeneration Framework Jan 6, 2023 The partnership leading the Chester City Gateway regeneration project has launched a four-week public consultation on its draft Strategic Regeneration Framework (SRF), that will shape future development within the regeneration area over the next decade. A series of public engagement events will be held during the four-week consultation period by the partnership, consisting of Cheshire […] Posted by: Mya Driver Read more
Former LFC training ground one of 15 sites to benefit from £23m investment for new homes Nov 28, 2022 Melwood, Liverpool FC’s former training ground, a disused brickworks and a former pub in St Helens are among 15 newly-identified brownfield sites across the city region, that will share more than £23m in funding to enable more than 1500 new homes to be built. The sites have been identified as part of Mayor Steve Rotheram’s […] Posted by: Mya Driver Read more
