The PG Group secures £7.4m Paragon Bank finance for Bristol apartments scheme Jul 13, 2023 Paragon Bank’s Development Finance division has provided a £7.4m finance package to support the development of 34 apartments by The PG Group in Redcross Mews, Bristol. The Redcross Mews development consists of 34 one, two and three-bedroom flats, five of which will be shared ownership. Construction is set to complete in Summer 2024. The PG […] Posted by: Mya Driver Read more
1500 new homes could be built in Exeter Jun 30, 2023 The city council of Exeter is moving forward with a significant redevelopment plan for the Water Lane area. This plan will mean the construction of up to 1,500 new homes. The council has agreed to use its compulsory purchase order (CPO) powers, if necessary, to secure land for this project. The redevelopment plan also includes […] Posted by: Mya Driver Read more
OakNorth Bank Lends £37m for UK Storage Company Buyout Jun 27, 2023 OakNorth Bank, the neobank for entrepreneurs, by entrepreneurs, has provided a £37m loan to UK Storage Company, one of the UK’s largest independent self-storage providers. Founded in 2005 by Keith and Cathy Taylor, UK Storage Company opened its first site in Bridgwater, Somerset that year, with the site also being used as its headquarters. Its second […] Posted by: Mya Driver Read more
Shakespeare Martineau advises Capreon on a £164 million acquisition Jun 14, 2023 Imperial Retail Park, covers a total of 32,200m2 and is the largest retail and leisure destination in South Bristol. The scheme is anchored by B&Q, The Range, HomeSense, M&S Foodhall, Next and Boots, and is currently 97% let. Fife Central Retail Park, acquired in 2005, covers a total of 30,200m2, is 95% let and anchored […] Posted by: Mya Driver Read more
Flagship development progresses on council land in Weston Jun 8, 2023 North Somerset Council has moved a step closer to delivering 425 new high quality, highly sustainable and affordable homes on land it owns in Weston-super-Mare. A build lease agreement was signed last month (May 2023) by the council and its chosen developer Keepmoat to deliver the homes near Locking. Part of the Parklands Village development, […] Posted by: Mya Driver Read more
Green light for Bicester’s Axis J9 five-unit extension to meet urgent need for employment space and create more jobs Apr 19, 2023 Albion Land, the privately-owned commercial property developer and asset manager, has been given the green light to deliver an additional five logistics and industrial buildings of circa 152,000 sq ft (14,121 sq m) at Axis J9 in Bicester, Oxfordshire. Axis J9 is the new distribution and manufacturing park which commenced construction in 2019 and has […] Posted by: Mya Driver Read more
M7 signs major 66,000 sq ft logistics letting at Western Approach Distribution Park in Bristol Apr 17, 2023 M7 Real Estate (“M7”), the pan-European investor and asset manager, announces that it has fully let 1500 Western Approach, a c. 66,000 sq ft logistics property on Western Approach Distribution Park in Bristol, to PICS Telecom. The transaction is the largest logistics letting in the South West for Q1 2023. PICS Telecom has signed a […] Posted by: Mya Driver Read more
AJC Group pledges to build 500 affordable homes in five years Mar 27, 2023 Dorset-based AJC Group has committed to raising £10,000 for a local homelessness charity, while pledging to build 500 new affordable homes across the Wessex region by 2028. The housebuilder currently has 173 private and affordable homes under construction, with a strong land pipeline located across Dorset, Hampshire, and Somerset, capable of achieving 500 new affordable […] Posted by: Mya Driver Read more
St. Modwen Logistics backs the South West with c.450,000 sq ft speculative development Mar 16, 2023 St. Modwen Logistics, one of the UK’s leading logistics developers and managers and a Blackstone portfolio company, has announced that it will soon deliver c. 450,000 sq ft of warehouse space at St. Modwen Park Chippenham, including the company’s largest speculative development in the region, a 342,000 sq ft warehouse unit. The development, which is […] Posted by: Mya Driver Read more
EDC and Stoford granted approval for prime 2m sq ft Avonmouth logistics scheme Mar 7, 2023 A hybrid planning consent has been granted for the development of c.2 million sq ft of new industrial, warehouse and logistics accommodation at a premier distribution location in the South West. Vancouver-based real estate development and investment firm, Epta Development Corporation (EDC) purchased the site in December 2020 and has appointed Stoford as development partner […] Posted by: Mya Driver Read more
