Aviva Investors provides financing towards construction of first school under Welsh 21st century schools programme

Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has completed an investment which will see it provide all senior debt financing towards the construction of the first school as part of the Welsh 21st Century Schools and Colleges Programme. The investment has been made by Aviva Investors on behalf of […]

Posted by: Mya Driver

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Bridgend College plans to develop £50M new campus in town centre

Bridgend College has revealed ambitious plans to build a new campus in Bridgend town centre. The scheme includes the demolition of the existing police station site in Cheapside which will soon be vacant, together with the demolition of an old condemned multi-storey car park which is no longer operational. The College’s ambition is to create a […]

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Principality Building Society commits £26m to Caredig Homes

Principality Building Society have completed a new deal for Caredig, a Swansea based Housing Association worth £26m, which will help them to deliver their ambition of building 700 new affordable homes in South Wales by 2030.   Caredig (formerly known as Family Housing) manages over 2,897 high quality affordable homes, providing a range of services, with […]

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Plans to revitalise Wrexham’s indoor markets have been submitted

The Grade II-listed General and Butchers markets lie at the heart of the Wrexham City Centre Conservation Area and forms part of the Wrexham Townscape Heritage Scheme funded through the National Lottery Heritage Fund, Welsh Government – Transforming Towns Fund, and Wrexham Council’s capital programme. Both markets are now in need of essential maintenance, repairs, and […]

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£14M Swansea Sea Defence Plan gets go-ahead

The £14M plans to defend the community of Mumbles from flooding and rising sea levels will now move towards construction, a phased approach from late this year to around summer 2024. The 1.2km project – from Knab Rock slipway to Oystermouth Square – underwent a number of rounds of public consultation and secured planning approval […]

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Port Talbot and Milford Haven launch joint freeport bid

A freeport bid consortium consisting of Associated British Ports, Neath Port Talbot Council, Pembrokeshire County Council and the Port of Milford Haven has been launched to explore the case for a green freeport in South-West Wales. Both Neath Port Talbot and Pembrokeshire have exciting, shared opportunities for nationally significant energy infrastructure to support the development […]

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Stena buys Anglesey Aluminium site for Holyhead expansion

Swedish port and ferry operator Stena Line has today announced it has finalised a deal to purchase a major investment site close to its Holyhead Port, in Anglesey, North Wales. The Company has secured the winning bid for the 213-acre Eco Parks’ former Anglesey Aluminium site in Holyhead, which is a key strategic commercial and […]

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Cardiff Central Quay in £200m L&G forward funding partnership

Watkin Jones and Legal & General (L&G) announce today the forward funding of a £200m in Cardiff to deliver 715 Build to Rent (BTR) apartments at the former Brains Brewery site in Central Quay, which will offer residents homes in a prominent location next to Cardiff train station. The £200 million BTR development at Central […]

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Singapore’s Elite Partners Capital acquires distribution centre in Wales

Elite Partners Capital has acquired a distribution facility in northern Wales for more than £30 million ($36 million), as the Singapore-based fund manager continues to amass a portfolio of industrial and commercial assets across Europe. The two-warehouse distribution centre is within Wrexham Industrial Estate, a 550 hectare (1,359 acre) government-owned campus near the Welsh border […]

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