Greystar Expands UK Student Accommodation Portfolio with £60 Million Acquisition Jan 23, 2025 Greystar, a global leader in real estate investment and management, has announced the acquisition of two purpose-built student accommodation (PBSA) assets, “The Neighbourhood,” located in Cardiff and Exeter. The £60 million deal adds 400 high-quality student beds to Greystar’s growing UK portfolio, with 240 beds in Cardiff and 160 in Exeter. This acquisition brings Greystar’s […] Posted by: Deividas Krupstas Read more
Greystar expands UK portfolio with Exeter and Cardiff acquisitions Jan 20, 2025 Greystar, a global leader in the investment, development and management of real estate, including rental housing, logistics, and life sciences, today announces the acquisition of two purpose-built student accommodation (PBSA) assets, ‘The Neighbourhood’, located in Cardiff and Exeter. The deal marks Greystar’s expansion into two new UK cities experiencing a significant undersupply of student housing, despite […] Posted by: Deividas Krupstas Read more
National Wealth Fund provides loan for crucial coastal flood defence improvements in Wales Jan 15, 2025 The National Wealth Fund (NWF) is providing a £92 million commitment to support crucial improvements to coastal flood defence barriers in Denbighshire, North Wales. The debt financing package, which is provided through the NWF’s Local Authority function, offers the lowest cost long term finance for local authority infrastructure projects and will facilitate Denbighshire County Council’s restoration […] Posted by: Mya Driver Read more
Seventy Ninth Group Commit to £250 Million Leisure Property Development Jan 6, 2025 Asset Management company, the Seventy Ninth Group, announce its most significant development to date – pledging hundreds of millions of pounds to develop the Holy Island site, in the proximity of one of Wales and the UK’s most prestigious Areas of Outstanding Natural Beauty. The Seventy Ninth Group has purchased the Penrhos site on Holy […] Posted by: Deividas Krupstas Read more
Latos Data Centres Breaks Ground on First Hyperscale Facility in Cardiff Nov 28, 2024 Latos Data Centres has secured approval for a state-of-the-art 540,000 sq ft tier three data centre in Cardiff, marking a significant milestone in the company’s UK expansion. The facility will deliver 90MVA of power capacity, fully sourced from 100% renewable energy supplied by the UK national grid. A backup feed from the Tremorfa Energy Park, […] Posted by: Deividas Krupstas Read more
Development Bank of Wales and HGP invest £14.4m for 141-home project Nov 20, 2024 The Development Bank of Wales and Housing Growth Partnership (“HGP”), the Lloyds-backed equity investor in the UK Living sector, have joined to invest more than £14 million into Edwards Homes’ delivery of a residential development in Connah’s Quay, North Wales. The Development Bank of Wales’ £11.7 million loan for the project came via the Wales […] Posted by: Mya Driver Read more
Shawbrook provides Urban Centric £24m loan for first co-living scheme in Wales Nov 6, 2024 Shawbrook has provided Urban Centric with a £23.8m loan which will support the development of what is set to be Wales’ first co-living scheme. Located in Cardiff, this landmark project will transform a 60,000 square foot office building at Knox Court into a modern co-living space featuring 203 units. Each unit will achieve an EPC […] Posted by: Deividas Krupstas Read more
Last Energy unveils £300m micro-modular nuclear power plant scheme in Wales Oct 16, 2024 Last Energy, a pioneering US-based start-up, has unveiled plans to develop a series of micro-modular nuclear power plants in South Wales, representing a substantial investment in the UK’s nuclear energy sector. The £300 million ($366 million) project will see the construction of four 20 MWe micro-modular nuclear units, delivering a total capacity of 80 MWe, […] Posted by: Deividas Krupstas Read more
£1bn investment secured in North Wales Sep 26, 2024 A major investment of over £1 billion in the redevelopment of Shotton Mill in Deeside, North Wales, will safeguard 147 jobs and create a further 220 when fully commissioned, the UK and Welsh governments have confirmed today. Cabinet ministers from both the UK and Welsh government will visit the historic industrial centre of Wales to […] Posted by: Deividas Krupstas Read more
Wrexham University Seeks Partner for Student Accommodation Development Aug 27, 2024 Wrexham University is inviting bids for a partnership to develop a 322-bed student accommodation facility at its Plas Coch campus. Interested parties have until 18 October to submit their proposals. The project, estimated at £500,000, involves initial design and planning stages. A subsequent procurement process will cover detailed design, construction, and financing. Successful bidders may […] Posted by: Mya Driver Read more