Bournemouth Town Centre Summit: Exploring Development Opportunities Nov 20, 2023 Bournemouth is set to host a town centre summit, where senior figures from various sectors will convene to discuss enhancement and development opportunities for the area. This important meeting, organised by BCP Council, will be held at the Echo Building on Richmond Hill. The summit brings together a diverse group, including Bournemouth West MP Sir […] Posted by: Mya Driver Read more
5,000 New Homes Proposed in Croxley’s Local Plan Nov 16, 2023 A major development opportunity is emerging in Croxley as the Three Rivers District Council opens a public consultation for its ambitious Local Plan. This plan, a blueprint for the future, proposes the construction of nearly 5,000 new homes in the area over the next 18 years. Focused on sustainable and strategic growth, the plan targets […] Posted by: Mya Driver Read more
Oryx acquires £25 million Milton Keynes logistics development Nov 14, 2023 Oryx Real Estate Partners (“Oryx”), the investment and asset management firm specialising in deploying international private capital, has acquired a 5-acre logistics site in Milton Keynes, marking its debut UK logistics investment. Pembury Real Estate will act as development partner for the project, which has an estimated development value of between £25 million and £30 million. […] Posted by: Mya Driver Read more
Thriving Investments continues scaling flagship PRS strategy, with c. £20 million investment in two single family developments Nov 9, 2023 Picture Living has committed c. £20 million to forward fund two single family housing (“SFH”) schemes in the South of England, totalling 42 high quality family homes for rent. The investments maintain Picture Living’s momentum, bringing forward much needed, sustainable family homes across the UK, against a backdrop of slower housing delivery, higher mortgage rates […] Posted by: Mya Driver Read more
Green light for Gen Two’s 125,000 sq ft Cambridge life sciences hub Nov 9, 2023 Gen Two, the family-run life sciences developer and investor, has received a resolution to grant planning permission for the development of a new 125,000 sq ft next generation life sciences hub in Cambridge. Following a unanimous consent decision by South Cambridge District Council today, Gen Two is aiming to commence construction at ‘Alchemy’ – a […] Posted by: Mya Driver Read more
West Berkshire Council to sell £62m Commercial Property Portfolio Nov 6, 2023 In a strategic financial move, West Berkshire Council is set to sell its commercial property portfolio valued at up to £62 million. The portfolio, which includes a variety of assets such as supermarkets, commercial warehousing, a bank, and a petrol station, is a part of the council’s plan to reallocate financial resources and support its […] Posted by: Mya Driver Read more
Investec provides Stelling Properties with £12 million loan to fund Southampton modular PBSA development Nov 6, 2023 Investec Real Estate (“Investec”) announces that it has provided Stelling Properties Group (“Stelling”), the modular development specialists, with an £11.85 million loan to finance the construction of a modular purpose-built student accommodation (PBSA) scheme in Southampton. The 122-studio scheme, which will be operated by Unilife, is due to complete in time for the 2024/25 academic […] Posted by: Mya Driver Read more
Boxer Ventures Further into Real Estate with £30 Million Acquisition Nov 2, 2023 British heavyweight boxer Anthony Joshua, known for his prowess in the ring, is also making notable strides in the property investment arena. He recently diversified his portfolio by acquiring a commercial building in Hertfordshire for a substantial £30 million. This structure, previously serving as BP’s headquarters, marks another milestone in Joshua’s venture beyond sports, aligning […] Posted by: Mya Driver Read more
Brookfield and Copley Point Embark on Fourth UK Warehouse Investment Near Heathrow Nov 2, 2023 Global real estate entities, Brookfield and Copley Point Capital, have jointly invested in three distribution facilities valued around £54 million, situated near Heathrow Airport. The facilities, boasting a total area of 220,000 ft2, serve as air cargo hubs for courier companies DHL, Circle Express, and Air Menzies. This marks their fourth collaborative venture in the […] Posted by: Mya Driver Read more
Planning Approval Granted for Transformative Redevelopment of Former HMS Daedalus Naval Base Nov 1, 2023 The former HMS Daedalus military base in Hampshire is set to undergo a significant redevelopment, following planning approval for a substantial housing-led waterfront scheme in Lee-on-the-Solent. The project, orchestrated by the Daedalus Development Company under the architectural vision of Acme Architects, aims to blend restoration with modernisation. Central to the redevelopment plan is the careful […] Posted by: Mya Driver Read more