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
Tungsten Properties Bags £8m Basingstoke Site for Progressive Urban Logistics Development Oct 31, 2023 Tungsten Properties has secured a six-acre plot in Basingstoke, Hampshire, at a purchase price of £8 million, marking a strategic step towards the establishment of a new urban logistics scheme. The developer has already sailed through the planning permission stage for the erection of two industrial warehouses on the acquired site. The larger warehouse, dubbed […] Posted by: Mya Driver Read more
2,300 Homes and New Commercial Spaces to Transform Portsmouth City Centre Oct 27, 2023 The ambitious City Centre North development project has received unanimous backing in a recent planning committee meeting, paving the way for a major facelift in Portsmouth City Centre. The project, delineated between Hope Street, Charlotte Street, and Commercial Road to the east, is envisaged to metamorphose the northern quadrant of the city centre. This multi-faceted […] Posted by: Mya Driver Read more
Wimbledon Expansion: Merton Council Approves Landmark Stadium and 39 New Courts Oct 27, 2023 The prestigious Wimbledon Championships is set to witness a remarkable expansion following a significant nod from Merton Council’s planning committee. The initiative, driven by the All England Lawn Tennis Club (AELTC), encompasses the construction of a state-of-the-art 8,000-seater stadium with a retractable roof, alongside 39 new courts across the road from the existing club, at […] Posted by: Mya Driver Read more
Developer Opportunity Knocks as Devon County Council Eyes £10m From Property Sales Oct 26, 2023 In a bid to adapt to post-pandemic work trends and channel funds into essential council services, Devon County Council, spearheaded by John Hart, is looking to sell off certain properties. This strategic move, targeting a revenue of up to £10 million, has highlighted key properties such as St Georges Youth Centre in Barnstaple, with services […] Posted by: Mya Driver Read more
HSBC Increases Financial Backing for Ambani’s Stoke Park Project in the UK Oct 23, 2023 HSBC, based in London, has augmented its loan commitment to a segment of Mukesh Ambani’s vast business domain, further deepening its financial ties with Asia’s wealthiest individual. Initially, the bank provided a £60 million ($73 million) loan to a subsidiary of Reliance Industries right after the acquisition of the Stoke Park estate in south-east England […] Posted by: Mya Driver Read more
Telford Unveils Plans for 8,500 New Homes in Major Sustainable Expansion Oct 20, 2023 Telford and Wrekin’s updated Local Plan, set for consultation next week, presents an ambitious vision for the borough’s growth, spotlighting three significant areas for sustainable urban expansion. The proposed developments include a site near Shawbirch for 2,100 homes, 3,700 properties off the A442 at Wheat Leasowes, and another 2,700 homes east of Muxton. These housing […] Posted by: Mya Driver Read more
Green Light for 58-Acre Former Vauxhall Site Redevelopment in Chalton Oct 20, 2023 The former Vauxhall Aftersales site in Chalton, covering a vast 58 acres, has been approved for redevelopment, with the potential to create up to 1,500 new jobs. Goodman Logistics Developments (UK) Limited, the developer behind the project, has successfully secured permission to amend six of the initial planning conditions. Previously, the site off Luton Road […] Posted by: Mya Driver Read more
