The UK Infrastructure Bank to invest £50m in first UK reservoir to be built since the 1980’s Mar 16, 2023 This is the Bank’s first deal aimed at improving climate resilience, investing alongside private sector partners in a collaboration between water companies to finance the Havant Thicket Reservoir, managed by Portsmouth Water. The reservoir, which is the first to be built in the UK since the 1980’s, will help to protect internationally-rare chalk rivers by […] Posted by: Mya Driver Read more
Major 850 home Portsmouth development to get go-ahead Jan 13, 2023 Plans to transform an ‘unattractive and derelict’ site in Tipner East, Portsmouth are likely to be approved next week. The scheme will see the site redeveloped into a vibrant new waterfront community, delivering much-needed, high-quality homes for the city of Portsmouth. The hope is for the site to deliver between 750 and 850 new homes, […] Posted by: Mya Driver Read more
Aldermore provides £6.4m to Saxon Square Christchurch Jul 27, 2022 Aldermore has provided Saxon Square Christchurch with a £6.4m commercial mortgage, refinancing their key multi-let retail and hotel centre from a high street lender. The shopping centre offers the only pedestrianised retail zone in the coastal town of Christchurch, located near the New Forest, Hampshire. Saxon Square sits behind Christchurch’s Mayor’s Parlour building and in […] Posted by: Mya Driver Read more
£45bn of infrastructure projects proposed by Transport for the South East Jul 6, 2022 Ideas by Transport for the South East to transform infrastructure across the South Coast have been launched through a new document – which includes a new underground line to create a more direct route between Southampton and Portsmouth. Plans totalling around £45bn are included within the document – with a key piece being the new […] Posted by: Mya Driver Read more
St Arthur Homes secures £44m deal to secure new homes in Hampshire Jul 5, 2022 As St Arthur Homes prepares for the launch of its second phase of homes at Whiteley Meadows, Winchester, the company has acquired a further 118 homes at the development in a deal in excess of £44 million. Combining a selection of mainly family houses and some apartments, St Arthur Homes’ latest acquisition will deliver 104 […] Posted by: Mya Driver Read more
Weston Homes unveil sustainability rollout across £2.13bn pipeline Jun 13, 2022 Weston Homes has unveiled details of the volume housebuilder’s major commitment to sustainability, with eco-friendly construction and specification features being rolled out currently, and over the next five years, across the group’s £2.13 billion portfolio (DGV) of residential and mixed use developments in London and the south east. This includes 20 current active sites and […] Posted by: Leon Newton Read more
Fiera and Wrenbridge acquire 4.5-acre site for industrial scheme May 30, 2022 Fiera Real Estate (“FRE UK”) and Wrenbridge are pleased to announce the acquisition of a 4.5-acre site on Limberline Road in Portsmouth to develop a multi-unit Grade A industrial scheme with a GDV in the region of £33m. The business plan is to obtain planning permission for seven industrial units ranging between 6,319 sq.ft to […] Posted by: Leon Newton Read more
Hearthstone Investments: Acquisition of 70 new homes in Fareham, Hampshire Mar 23, 2022 Hearthstone Investments, a specialist in suburban private rented housing exchanged contracts for 70 new homes on a development near Fareham, Hampshire. The transaction with a national housebuilder comprises 64 houses and a small apartment block. The site is part of a new master planned community of 3,500 homes off the M27 between Southampton and Portsmouth. […] Posted by: Mya Driver Read more
British Land adds another retail park to its portfolio Feb 21, 2022 UK property group, British Land has acquired a shopping centre in Farnborough for £38m. Blackwater Shopping Park, tenants of which include Next, TK Maxx, Boots, Outfit, Homesense, Mamas & Papas and Currys/PC World has been owned by Lothbury Property Trust (LPT) since 2014. Lothbury Investment Management completed the sale on behalf of LPT, Ed Hockley, […] Posted by: Mya Driver Read more
L&G buys six UK industrial estates from CBRE Investment Management Feb 8, 2022 Legal & General (L&G) has acquired a portfolio of six UK industrial estates from CBRE Investment Management for an undisclosed amount. CBRE Investment Management, which sold the Porto Portfolio on behalf of a separate account client, said the 403,087sqft portfolio comprises multi-let industrial estates located in Oxford, Maidstone, Southampton, Huntingdon, Bristol and Gloucester. Richard Dean, the […] Posted by: Mya Driver Read more
