UTB and LDS Collaborate on £10m Essex Apartment Project Sep 13, 2023 United Trust Bank (UTB) and LDS Sales Guarantees have joined forces to back the construction of a 27-unit apartment complex in Essex, boasting a Gross Development Value (GDV) close to £10 million. The partnership is part of a 92% Loan to Cost (LTC) agreement, wherein LDS has provided a sales guarantee, finalized in just over […] Posted by: Mya Driver Read more
Prime Development Opportunity Emerges as Maidenhead’s Nicholsons Car Park Set for Demolition Sep 7, 2023 Maidenhead’s Nicholsons Broadway Car Park, which has been closed since December 2022 due to structural concerns, is slated for demolition. The decision comes after parts of the car park’s ceiling collapsed, prompting its closure for health and safety reasons. The Royal Borough of Windsor and Maidenhead council has approved the demolition, with the process expected […] Posted by: Mya Driver Read more
Plymouth’s Iconic Business Hub Set for Auction at £375,000 Sep 4, 2023 A landmark business facility in Plymouth, previously recognised as one of the city’s premier factories, is poised to be auctioned with a starting bid of £375,000. Located in Honicknowle, the distinguished Eurotech House stands as a testament to the city’s industrial legacy. However, with the surrounding region earmarked for a transformation into residential and commercial […] Posted by: Mya Driver Read more
Orchard Street’s £400 Million Impact Fund Announces Major Acquisition of Aylesford’s Euroway Trade Park Aug 30, 2023 In a significant development in the UK real estate market, Orchard Street Investment Management has confirmed the acquisition of the Euroway Trade Park in Aylesford through its £400 million Impact Fund. This move underscores the fund’s commitment to high-value real estate investments and its strategic vision for the future. Located strategically near key motorways, the […] Posted by: Mya Driver Read more
MCR Property Group gets refinance for Luton Resi with £11m QIB UK deal Aug 24, 2023 MCR Property Group, one of the UK’s most prominent independent property investment and development companies, has successfully completed refinancing of the Stockwood Gardens residential scheme in Luton, under an £11m deal. This latest development for the leading independent property investment and development company marks a huge step forward in the Private Rental Sector (PRS) market […] Posted by: Mya Driver Read more
Paragon Bank Funds £26m for 170-Unit Housing Scheme in Essex Aug 23, 2023 Paragon Bank has entered into a financial agreement with Chase Homes, offering a £26 million package to back a housing project in Saffron Walden, Essex. This initiative will comprise 170 housing units. The funding package, which includes a £24 million revolving credit facility and a £2 million VAT support package, will enable the acquisition of […] Posted by: Mya Driver Read more
Hundreds of new homes for Oxford as redevelopment plans agreed Aug 16, 2023 Plans to build hundreds of affordable homes, retail spaces and community facilities in the heart of Oxford’s Blackbird Leys were given the green light by the council’s planning committee last night (Tuesday 15 August). The plans by housing association Peabody (formerly Catalyst) and development partner Oxford City Council include 294 homes across two sites. A […] Posted by: Mya Driver Read more
Picture Living Recycles Capital through Portfolio Sale to Invest £23m in Essex’s Housing Future Aug 16, 2023 In a strategic move to target new single-family homes, Picture Living has sold two portfolios, Spark and Seville, enabling the recycling of capital. Following this sale, the company has pledged £23 million to support two private rented sector (PRS) developments in Essex. This investment marks a significant step in Picture Living’s mission to provide high-quality […] Posted by: Mya Driver Read more
PfP Capital’s flagship PRS strategy to forward fund two single family rental schemes in Essex Aug 15, 2023 Picture Living has committed £23 million to forward fund two single family residential schemes in Essex, which will deliver 63 high quality homes for rent. In Coggeshall, north Essex, Vistry Group will deliver 36 homes, the first of which will be available at the start of 2024. Residents will enjoy a countryside market town location, […] Posted by: Mya Driver Read more
Oxpens Development in Oxford Moves Forward with Ambitious Plans Aug 14, 2023 The Oxpens development in Oxford, designed by Hawkins Brown, is moving forward with ambitious plans for the city. The 15-acre riverside site is set to host nearly 500 homes, 500,000 sq ft of office space, and a 250-bed hotel. The developer, Oxwed, a joint venture of Nuffield College and the city council, submitted an outline […] Posted by: Mya Driver Read more
