St Modwen receives permission for 200-home Birmingham scheme Dec 13, 2022 St. Modwen Homes, a leading developer of new communities and high-quality homes, has secured a resolution to grant full planning permission to build an additional 205 new homes at Longbridge on the historic MG Rover site that was once home to the MINI in Birmingham. Birmingham City Council resolved to grant full planning permission which […] Posted by: Mya Driver Read more
Frasers Group secures purchase of Coventry Building Society Arena Nov 18, 2022 Andrew Sheridan and Raj Mittal, Partners at specialist business advisory firm, FRP have been appointed as joint administrators of Arena Coventry Limited (ACL), Arena Coventry (2006) Limited and IEC Experience Limited. Upon appointment the Joint Administrators immediately completed the sale of the businesses, including ownership of the Coventry Building Society Arena, to certain entities controlled […] Posted by: Mya Driver Read more
University College Birmingham unveils major multi-million-pound investment in brand new sixth form centre Nov 17, 2022 Set to open in September 2024, the new centre will be based at the University’s Camden House campus building in Birmingham city centre, offering a wealth of new study options for post-16 learners as well as creating new jobs. It is the latest development in an exciting year for University College Birmingham, which has already […] Posted by: Mya Driver Read more
600 homes for Wolverhampton’s Brewers Yard redevelopment to get more than £5m of WMCA investment Nov 7, 2022 An investment of more than £5m has made by the West Midlands Combined Authority (WMCA) to help kickstart the first phase of the transformational Brewers Yard regeneration scheme in Wolverhampton city centre. The investment will pave the way for the first enabling phase in the delivery of almost 600 new homes and hundreds of construction […] Posted by: Mya Driver Read more
PIC forward funds £200 million Birmingham build to rent skyscraper Nov 2, 2022 Pension Insurance Corporation plc (“PIC”), UKREiiF attendee and specialist insurer of defined benefit pension funds, has forward funded One Eastside, which will be the tallest Build to Rent tower outside of London, standing at 154 meters tall. The£200 million investment will finance the construction of 667 residential apartments in central Birmingham on an existing brownfield […] Posted by: Mya Driver Read more
Cole Waterhouse completes Digbeth land acquisition for upper Trinity Street Oct 24, 2022 Investment and development company Cole Waterhouse has completed the acquisition of a key development site in Digbeth, paving the way for the creation of Upper Trinity Street (UTS), a £260 million mixed-use scheme which will deliver 943 new homes and a new public park for the city. Cole Waterhouse has entered into an agreement with […] Posted by: Mya Driver Read more
Telford Land Deal attracts £325m investment…and more to come Oct 13, 2022 Telford & Wrekin Council has highlighted the ongoing success of the scheme in a cabinet report, which brings forward former new town sites set aside for development, de-risks them and provides shovel ready land which can be developed for employment and residential use. Formed in 2015, the Telford Land Deal is a partnership between Telford […] Posted by: Mya Driver Read more
First steps taken to create 149k homes in Birmingham Oct 11, 2022 The first step on the journey to shape the planning framework that will guide development and regeneration activity in Birmingham over the next 20 years is set for approval. Members of the council’s Cabinet will be asked to approve the Birmingham Local Plan Issues and Options Document for public consultation. The document sets out how, […] Posted by: Mya Driver Read more
Four Midlands countryside sites earmarked for massive development Oct 4, 2022 Rural areas across Malvern, Worcester, Wychavon and more could be transformed in the coming years. As well as houses being built, these target areas would also gain new schools, community facilities, railway stations and more. With more and more people looking to escape the city and move to the countryside, here’s a look at which […] Posted by: Mya Driver Read more
Silbury Finance provides retirement living specialist Audley Group with £59 million investment loan Oct 4, 2022 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided Audley Group (“Audley”), the UK retirement village provider, with a £59 million investment facility, secured against four retirement villages located across Greater London and the Midlands. The two-year, 75% LTV facility refinances an existing loan and will support Audley as it progresses with the […] Posted by: Mya Driver Read more