Europe’s largest hostel chain unveils second UK property as a&o Brighton opens for business Aug 6, 2024 Europe’s largest privately owned hostel chain, a&o Hostels, has opened a second property in the UK and their 39th across Europe. a&o Brighton, which is now open for reservations, is centrally located in the heart of the famous seaside resort with a view of Brighton Pier. Offering 50 rooms with a total of 186 beds, […] Posted by: Mya Driver Read more
Cain establishes new £65M credit facility with Lovett Care Aug 5, 2024 Cain International (‘Cain’), a privately held firm specializing in real estate investment solutions, via its Fortwell credit strategy, has agreed a £65M revolving credit facility with Lovett Care, a fully integrated UK care home operator. This facility will finance a pipeline of new care homes across the UK, starting with three in the South of […] Posted by: Mya Driver Read more
Wates and Guildford Borough Council to deliver 248 new homes Jul 30, 2024 Wates Group, the family-owned development, building, and property maintenance company, has today announced a significant new partnership with Guildford Borough Council (GBC) to develop a site in the heart of Guildford. The £86 million project will transform a car park site into a vibrant urban neighbourhood, delivering up to 248 new homes with a commitment […] Posted by: Mya Driver Read more
Oxford Trust Plans Aspen Building to Boost Start-Up Space in Headington Jul 24, 2024 The Oxford Trust has submitted plans to Oxford City Council for a new Aspen Building at the Wood Centre for Innovation in Headington. This initiative aims to expand laboratory and office space for science and tech start-ups, addressing the rising demand within the Headington Science Cluster. The Aspen Building, named after Sir Martin Wood’s favourite […] Posted by: Mya Driver Read more
Urban&Civic to acquire L&Q Estates from L&Q Group Jul 23, 2024 London & Quadrant Housing Trust (“L&Q”) and Urban&Civic plc (“Urban &Civic”) are pleased to announce that the acquisition of L&Q Estates by Urban&Civic is now unconditional and will complete shortly. Urban&Civic, a leading Master Developer in the UK, was identified by L&Q as a logical purchaser to keep faith with the intention of boosting housing […] Posted by: Mya Driver Read more
5000 new homes: Longhurst and Grand Union Launch Consultation on 37,000-Home Merger Jul 22, 2024 Longhurst Group and Grand Union Housing Group will commence a six-week consultation with residents this Wednesday regarding their proposed merger to create a 37,000-home housing association. The boards of both organisations have approved the business case for the merger, which aims to enhance investment in existing properties and build 5,000 new homes over the next […] Posted by: David Gilbank Read more
Consultation Begins on Medway’s Local Plan: A Heads-Up for Developers Jul 15, 2024 Medway Council has initiated a public consultation on the Local Plan, a pivotal document that will influence the region’s development for the next 15 years and beyond. Beginning Monday, 15 July, the consultation seeks input from everyone living and working in Medway to shape the future of the area. This consultation is a significant opportunity […] Posted by: Mya Driver Read more
Aviva Investors & Packaged Living to fund 101 single-family homes in Cambridge Jul 15, 2024 Aviva Investors, the global asset management business of Aviva plc, announces it has agreed to forward fund the creation of 101 single-family homes in Cambridge, continuing its development partnership with Packaged Living, the UK’s leading sustainable living specialist. The homes, which will be delivered by Barratt Homes, the country’s largest housebuilder, will form part of […] Posted by: Mya Driver Read more
Schroders Capital completes £35 million off market acquisition Jul 11, 2024 Schroders Capital’s real estate team, acting on behalf of Greater Manchester Pension Fund (“GMPF”), has successfully completed the off-market acquisition of Brackmills Central Industrial Estate in Northampton from M&G Real Estate for £35 million, reflecting a capital value of £128 per sq ft. The 272,000 sq ft estate comprises 31 units ranging from 3,000 to […] Posted by: Mya Driver Read more
Billericay 750 Homes Development Plans Announced Jul 11, 2024 Plans are underway for the construction of over 750 homes in Billericay’s green belt. Gleeson Land has submitted an application to Basildon Council for 250 homes on land off Laindon Road. This proposal follows recent applications from Broadway Malyan for 380 homes on Greens Farm Lane and Scott Properties for 130 homes and a Lidl […] Posted by: Mya Driver Read more
