UKCM agrees £14.5 million sale of Bristol office building to Tri7 Mar 1, 2024 UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM) announces that it has sold its 67,000 sq ft office building in Temple Quay, Bristol, to Tri7, a value-add real estate investment and asset management firm. 2 Rivergate in Temple Quay, Bristol, has been sold for £14.5 million, which is in line with the […] Posted by: Mya Driver Read more
Portsmouth Council Expands Housing Portfolio with Acquisition of 818 Homes Feb 29, 2024 Portsmouth City Council has officially become the landlord for nearly 800 households following the completion of a substantial social housing purchase on 26 February 2024. This move, involving the acquisition of 747 homes in its initial phase from Clarion Housing Group, represents a significant expansion of the council’s role as a social housing provider in […] Posted by: Mya Driver Read more
United Trust Bank Backs £23 Million Luxury Apartment Project in Newquay Feb 27, 2024 In a significant boost to Cornwall’s housing market, United Trust Bank (UTB) has announced its collaboration with the acclaimed development firm Stephens + Stephens to launch a £23 million luxury apartment complex in Newquay. Named Cliff Edge, this project is set to transform a former hotel site into a modern residential haven, featuring 32 high-end […] Posted by: Mya Driver Read more
Breaking News: 35,700 New Homes for Gloucestershire! Feb 23, 2024 Gloucestershire plans to construct 35,700 new homes across Cheltenham, Gloucester, and Tewkesbury over the next two decades. This sweeping initiative, part of the strategic local plan for the three districts, is now open for public consultation, signaling a pivotal moment for residential growth in the region. The proposed development strategy outlines a mix of urban […] Posted by: Mya Driver Read more
Isle of Wight Council Seeks Public Input on New Health Facilities Funding Strategy Feb 23, 2024 The Isle of Wight Council is calling for public feedback on a new strategy aimed at securing developer contributions for health facility enhancements. This initiative, developed in collaboration with the Hampshire and Isle of Wight Integrated Care Board (ICB), focuses on gathering financial support from new developments for the improvement of health infrastructure on the […] Posted by: Mya Driver Read more
£36.5 Million Deal Seals New Ownership for Bristol’s Tech Hub Office Block Feb 16, 2024 A prominent office building in the heart of the Bristol has changed hands for £36.5 million. The acquisition of the Programme building, situated on All Saints’ Street, was completed by BNF Capital in collaboration with Morgan Capital. This move signifies BNF Capital’s inaugural venture into Bristol’s dynamic real estate scene. Spanning 174,387 square feet across […] Posted by: Mya Driver Read more
TRIG Expands Green Portfolio with Acquisition of Battery Storage Firm Fig Power Feb 15, 2024 The Renewables Infrastructure Group (TRIG), known for its investments in green energy, has announced the acquisition of Bristol-based battery storage developer Fig Power. This move adds a significant 1.7GW development pipeline to TRIG’s portfolio, which includes 400MW of projects with grid connection offers and an additional 1.3GW on exclusive sites. The acquisition, involving 100% equity […] Posted by: Mya Driver Read more
Revealed: The 20 English Towns and Cities to get 11,500 New Homes Feb 14, 2024 The government has announced the 20 towns and cities poised to benefit from the construction of 11,500 new homes. This initiative aims to provide a substantial boost to housing availability, targeting previously developed brownfield sites to accommodate this significant increase. The strategy not only seeks to make home ownership more attainable for younger buyers but […] Posted by: Mya Driver Read more
Investec provides £13.7 million load for first net zero carbon out-of-town office in Bristol Feb 12, 2024 Investec Real Estate (“Investec”) announces that it has provided Commercial Estates Group (“CEG”) with a £13.7 million investment loan, secured against its recently completed 1000 Aztec West office building in Bristol. The facility refinances an existing development loan and is the first transaction between the two parties. Completed in December 2023, the 73,000 sq ft […] Posted by: Mya Driver Read more
Dorset Council prepares to sell old District Council office site and buildings in Wimborne Jan 31, 2024 Dorset Council has instructed its agents to begin marketing the vacant buildings and site of the old East Dorset District Council (EDDC) offices in Furzehill, Wimborne. Following Local Government Reorganisation in 2019, the unitary authorities of Dorset Council and BCP Council were created to replace the county’s former district and borough councils. As Furzehill was […] Posted by: Mya Driver Read more
