Knowsley approves Prescot Gas Works resi Sep 12, 2022 Poven Development’s 40-home scheme on a four-acre brownfield site in Merseyside has been granted planning permission. Knowsley Council approved the application on Thursday. Poven Development’s project would keep the gas distribution centre in the middle of the Prescot plot. This centre would remain active, with homes built on either side of it. A landscaped bund […] Posted by: Mya Driver Read more
Plans in for North West science park expansion Sep 12, 2022 Plans for two new buildings for lab and office space at Alderley Park in Cheshire have been submitted totalling around 200,000 sq ft. Bruntwood SciTech is also seeking to redevelop an office building into 109 flats for graduates working in life sciences and technology sectors. Bruntwood SciTech wants to build 100,000 sq ft of lab […] Posted by: Mya Driver Read more
Peel L&P’s Northstone brand set for approval on major residential scheme Sep 9, 2022 Plans for Northstone’s sustainable new community of 208 homes, with over a third of those affordable homes, and new community green spaces on land off Victoria Road in Horwich, Bolton have been recommended for approval by Bolton Council’s planning officers. The reserved matters planning application for the first two phases of development of Horwich Golf […] Posted by: Mya Driver Read more
Peaks and Plains Housing Trust secures £72m funding from Aviva Investors Aug 25, 2022 Aviva Investors, the global asset management business of Aviva plc, announces it has completed a deal to provide £72.5 million in funding to Peaks & Plains Housing Trust (‘Peaks & Plains’), a social landlord based in Macclesfield, Cheshire. The agreement will enable Peaks & Plains, which manages over 5000 homes across East Cheshire and the […] Posted by: Mya Driver Read more
Northstone submits plans for 74-sustainable homes in Lancaster Aug 23, 2022 Detailed plans for 74 sustainable new homes in South Lancaster have been submitted by North West-based homebuilder Northstone. Development of the land to the west of Scotforth Road (A6) was previously given the green light by Lancaster City Council in April 2021. The Northstone team has now submitted a reserved matters application – confirming the […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires four assets for £76.4m Aug 23, 2022 Supermarket Income REIT plc (LSE:SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK announces the acquisition of four supermarkets for a total purchase price of £76.4 million (excluding acquisition costs), reflecting a combined net initial yield of 5.1%. Acquired from different vendors, the purchases consist of two […] Posted by: Mya Driver Read more
Select Property get approval for £154m Manchester tower Aug 1, 2022 Select Property Group has received approval for a 33-storey residential apartment project in Manchester – having revised plans which initially got rejected. The initial plans for 34-storeys had been rejected for being too high initially, but the project has now been approved and the project will see 481 new flats being developed. Reducing the storey […] Posted by: Mya Driver Read more
Warehouse REIT secures 1m sq ft planning consent for latest scheme Jul 29, 2022 Warehouse REIT, a specialist urban and ‘last-mile’ industrial warehouse investor, has secured a resolution to grant outline planning permission from Cheshire East Council for a further 1,020,000 sq ft of warehousing at its flagship logistics park development at Radway Green. The final phase of the scheme will see the Company develop five units ranging from […] Posted by: Mya Driver Read more
NFU Mutual desposes industrial portfolio to Barings in £234m deal Jul 28, 2022 NFU Mutual has agreed to dispose of 8 logistics assets in a £234m deal with Barings. In total it covers 1,477,431 sq ft of space – with assets in the Midlands, South West, South East and North West. Fully let, the tenant base is diversified, with the likes of e-commerce, manufacturing and freight brands taking […] Posted by: Mya Driver Read more
Chancerygate to acquire Salford stadium site for industrial scheme Jul 6, 2022 Chancerygate is set to become the latest name to continue the major industrial development around the AJ Bell Stadium in Salford – as they’re on the verge of acquiring a 4.5-acre site. The site has been sold to the developer by CosCos – the JV partnership between Salford City Council and Peel L&P – who […] Posted by: Mya Driver Read more