Denbighshire Council Advances Multi-Million-Pound Development Plans for Rhyl and Ruthin Aug 1, 2024 Denbighshire County Council is moving forward with plans for extensive development in Rhyl and Ruthin, supported by substantial funding from the UK Government. The projects, aimed at revitalising key areas in both towns, include a variety of infrastructure and public space enhancements. In Ruthin, improvements are planned for St Peter’s Square, Market Street, and Cae […] Posted by: Mya Driver Read more
Cardiff Set for Wales’ Tallest Building with New 35-Storey Tower Jul 11, 2024 Plans for the tallest building in Wales have been unveiled for a prime site in Cardiff. Bluecastle Capital has acquired the final plot at Central Square from Rightacres Property to develop a 35-storey build-to-rent apartment block. The development, which has planning consent, will feature 364 apartments, a commercial pavilion, and additional residential amenity space. At […] Posted by: Mya Driver Read more
Development Opportunities on the Horizon in Flintshire? Jul 5, 2024 Development opportunities could be on the horizon in Flintshire as the county council invites residents to participate in early-stage public consultations, signalling development opportunities for four town centres: Connah’s Quay, Flint, Mold, and Queensferry. The local authority is encouraging residents to contribute to the creation of seven ‘Place Making Plans’ for town centres across Flintshire […] Posted by: David Gilbank Read more
VTTI Acquires 50% Stake in Dragon LNG Terminal in Wales May 10, 2024 VTTI, a Dutch energy infrastructure firm, has finalised a deal to acquire a 50% ownership in Dragon LNG Group (Dragon LNG) from Ancala, an infrastructure asset manager. The financial details of the transaction have not been disclosed. This acquisition positions VTTI as a co-owner of a crucial LNG import terminal in the UK, which fulfils […] Posted by: David Gilbank Read more
Aviva Investors provides financing towards new Velindre Cancer Centre in Wales Apr 3, 2024 Aviva Investors, the global asset management business of Aviva plc, announces it has completed an investment to provide financing towards the development of the new Velindre Cancer Centre in Cardiff, Wales. The investment was made by Aviva Investors on behalf of Aviva UK Life. Located in Whitchurch in the north west of Cardiff and 6km […] Posted by: Mya Driver Read more
Focus Estate Fund Makes UK Debut with Acquisition of Wrexham’s Island Green Retail Park Feb 29, 2024 Focus Estate Fund has recently secured the Island Green Retail Park in Wrexham. This acquisition signifies the fund’s first foray into the United Kingdom, a move that showcases its ambition to broaden its footprint in the global commercial real estate sector. The retail park, boasting a Gross Internal Floor Area of 103,305 square feet, hosts […] Posted by: Mya Driver Read more
Greater Gwent Pension Fund builds on levelling up investments Jan 24, 2024 The Greater Gwent Pension Fund has unveiled a comprehensive three-year strategy aimed at enhancing its investment approach in the UK. The strategic plan entails a deliberate effort to “level up” by directing approximately 6% of its portfolio towards infrastructure and real estate investments during this period. The £4 billion pension fund has indicated that its […] Posted by: Mya Driver Read more
Robert Hitchins Set to Expand Bridgend Industrial Estate with £20m Investment Jan 12, 2024 Robert Hitchins, a prominent developer, has declared a £20 million investment in Bridgend Industrial Estate, South Wales, marking a substantial expansion of the Central Park development. This initiative involves the construction of two new commercial property units, both pre-let to major national brands. The project will deliver over 100,000 sq ft of Grade A commercial […] Posted by: Mya Driver Read more
Wrexham Council Approves Over 500 New Homes in Stansty and Rhosrobin Developments Jan 9, 2024 Wrexham County Council has approved two major residential projects proposed by Russell Homes and SG Estates. The plans, which were discussed in a lengthy planning committee meeting, will see the creation of 547 new homes in the Stansty and Rhosrobin areas. Russell Homes’ outline application, which includes plans to build up to 455 homes on […] Posted by: Mya Driver Read more
A Glimpse into Swansea’s Resurgence: A Comprehensive Journey with Rob Stewart Dec 20, 2023 By Rob Stewart, Leader, Swansea Council As the leader of Swansea Council and chair of the Swansea Bay City Region, I’ve been asked to undertake a fascinating yet challenging task: to distil the essence and potential of Swansea into a comprehensive narrative. With so much to share and explore, this article is a journey through […] Posted by: Mya Driver Read more
