Hammerson acquires remaining 50% stake in retail destination for £135m Nov 7, 2024 Hammerson today announces the completion of the acquisition of the remaining 50% stake in Westquay for £135m. This gives the Company a 100% interest in a leading retail and leisure destination situated in the heart of the South Coast, which is A rated by Green Street. The consideration will be funded by the proceeds received […] Posted by: Deividas Krupstas Read more
Cain establishes new £65M credit facility with Lovett Care Aug 5, 2024 Cain International (‘Cain’), a privately held firm specializing in real estate investment solutions, via its Fortwell credit strategy, has agreed a £65M revolving credit facility with Lovett Care, a fully integrated UK care home operator. This facility will finance a pipeline of new care homes across the UK, starting with three in the South of […] Posted by: Mya Driver Read more
RO Group Acquires Swindon Site for Mixed-Use Development Aug 2, 2024 RO Group has secured a 9.7-acre agricultural site in Swindon, located at Home Farm on the A420 road connecting Swindon to Oxford. The site is set to become part of the larger 8,000-home New Eastern Villages development, a key project in the region. The development will be modelled after RO Group’s successful Solstice Park project […] Posted by: David Gilbank Read more
Cornwall Seeks Private Investment in Nature and Aviation May 2, 2024 Cornwall Council is actively seeking private investment for natural capital projects and a partner to co-manage Cornwall Airport Newquay. The council unveiled its initiatives on Tuesday (30 April), launching the Local Investment in Nature Cornwall (LINC) programme and announcing its search for a “private sector partner” to invest in and jointly operate the airport estate. […] Posted by: David Gilbank Read more
Plymouth Council Seeks Partner for Ambitious Heat Network Project Apr 29, 2024 Plymouth City Council has announced plans for a heat network scheme aimed at decarbonising the city. In a recent move, the council issued a prior information notice (PIN) to explore potential collaborations with a heat network development partner. The project, set to transform Plymouth’s energy landscape, seeks to tap into surplus or waste heat sources […] Posted by: David Gilbank Read more
Octopus Real Estate £35m lending through the Greener Homes Alliance initiative Mar 5, 2024 Octopus Real Estate, part of Octopus Investments and a leading specialist real estate investor and lender, announces the recent completion of four further loans as part of its Greener Homes Alliance initiative with Homes England. The four completed loans total more than £35m and will fund the development of 124 new homes in Dover, Wandsworth, […] Posted by: Mya Driver Read more
Weymouth Town Centre Set for £19.5 Million Regeneration Boost Feb 20, 2024 Weymouth’s town centre is set to undergo a major transformation after securing £19.5 million in government funding aimed at revitalising the area. This financial injection is earmarked for critical projects designed to facilitate new housing and business ventures, marking a new chapter in the town’s development. The focus of the regeneration effort will be on […] Posted by: Mya Driver Read more
Demolition of Devon Dairy Farm Opens Door for Development Feb 15, 2024 The demolition of the disused Torrington Dairy Crest in Devon, which has been derelict since 1993, is underway, signaling a clear path for future development. This site, once plagued by safety issues and anti-social behaviour, is now being cleared to make way for potential housing and retail opportunities. The demolition process, led by Waterside Construction […] Posted by: Mya Driver Read more
Revealed: The 20 English Towns and Cities to get 11,500 New Homes Feb 14, 2024 The government has announced the 20 towns and cities poised to benefit from the construction of 11,500 new homes. This initiative aims to provide a substantial boost to housing availability, targeting previously developed brownfield sites to accommodate this significant increase. The strategy not only seeks to make home ownership more attainable for younger buyers but […] Posted by: Mya Driver Read more
Brighton Hospital Embarks on Major Overhaul with Data Centre Demolition Feb 13, 2024 Brighton’s Royal Sussex County Hospital has announced the demolition of its data centre, marking a key phase in a comprehensive £750 million modernisation effort. This initiative, aimed at revitalising the hospital’s infrastructure, will involve the dismantling of several structures, including the historic Barry Building, the Nigel Porter Unit, and the ENT and Hanbury Buildings. The […] Posted by: Mya Driver Read more
