Silbury provides Octopus Real Estate & PIC joint venture with Audley Group with £66 million sustainability linked acquisition & development loan for luxury retirement scheme in Surrey Dec 13, 2023 Silbury Finance, the Oaktree Capital Management-backed development lender, has provided a joint venture vehicle (“JV”) established by Audley Group and Senior Living Investment Partners (the partnership between Pension Insurance Corporation plc (“PIC”) and Octopus Real Estate, a leading specialist real estate lender and investor), with a £66.5 million loan. The 53-month senior facility will fund […] Posted by: Mya Driver Read more
Development Opportunity? Lewes District Council Invites Public Input on Future Housing and Community Projects Dec 7, 2023 Lewes District Council has opened up a public consultation phase for its upcoming local plan. This engagement process, integral for shaping the district’s future, offers a significant opportunity for developers and investors to contribute to the planning of new homes, employment spaces, and community facilities. The spatial strategy and policies document, central to this consultation, […] Posted by: Mya Driver Read more
PIC lends further £30 million to Heart of Medway Housing Association as part of a long-term partnership Dec 7, 2023 –Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension schemes, has made a second private placement investment of £30 million in secured debt issued by Heart of Medway Housing Association, part of the mhs homes group. This is PIC’s fifth transaction involving £160 million of lending, with the mhs homes group as part […] Posted by: Mya Driver Read more
HBD Takes Sole Charge of Cheltenham’s £1 Billion Golden Valley Development After Buyout Dec 6, 2023 In a strategic business move, HBD has become the sole developer of the £1 billion Golden Valley Development in Cheltenham, following the acquisition of its partner, Factory, in a multi-million-pound deal. This development represents a major step in the project’s progression. The Golden Valley Development, initially a collaborative effort between HBD and Factory, has now […] Posted by: Mya Driver Read more
Opportunity Update: Oxford’s £9.6 Billion Housing and Infrastructure Plan Dec 6, 2023 Oxford City Council has announced the last month for residents to participate in consultations regarding the Oxford Local Plan 2040, a blueprint for the city’s development until 2040. This critical plan aims to address the housing crisis by detailing the construction of 9,612 homes, along with initiatives to combat the climate emergency and promote social […] Posted by: Mya Driver Read more
Resolution to grant planning permission given for Dunton Hills Garden Village Nov 30, 2023 Brentwood Borough Council last night (29/11/23) resolved to in principle grant planning permission for Dunton Hills Garden Village. The planning application, submitted by CEG in autumn 2021, provides for up to 3,700 new homes, three care homes, a village centre and two neighbourhood hubs which will provide easy access to shops, facilities and services. There […] Posted by: Mya Driver Read more
Planning permission granted for next phase of Hemel Hempstead logistics park Nov 29, 2023 Planning permission has been granted for a further phase of development at Prologis Park Hemel Hempstead as a result of collaboration between leading owner, developer and investor of logistics property, Prologis UK and Dacorum Borough Council. The next wave of development will see five new units being built within Maylands Business Park, which is already […] Posted by: Mya Driver Read more
The Hill Group acquires 20-acre development land for new homes in Billericay, Essex Nov 21, 2023 Award-winning housebuilder The Hill Group has announced the latest acquisition for its residential pipeline, a 20-acre site for a residential development located north of Kennel Lane in Billericay, Essex. Purchased with outline planning permission for up to 200 homes, Hill will now embark upon an engagement programme with residents and the local authority to design […] Posted by: Mya Driver Read more
BCCIM Completes £5.15 Million Acquisition of Cheltenham Industrial Park Nov 21, 2023 BCCIM, a collaborative endeavour between Barwood Capital and Caisson iO, has recently finalised the purchase of Units 1-4 Bamfurlong Industrial Park in Cheltenham. The acquisition, valued at £5.15 million, was made on behalf of the Urban Industrial Income LP and purchased from Dunmoore Properties Limited. Located approximately 3.5 miles west of Cheltenham and near Junction […] Posted by: Mya Driver Read more
Southampton Retail Park Joins M Core’s Portfolio in £35m Deal Nov 21, 2023 M Core, one of the UK’s leading commercial property collectives, has expanded its portfolio with the acquisition of Southampton’s Antelope Retail Park, a key part of a £35 million investment encompassing several retail centres. The Antelope Retail Park, boasting an expansive 138,000 sq ft area, hosts a variety of popular stores including The Range, Lidl, […] Posted by: Mya Driver Read more
