St Modwen receives permission for 200-home Birmingham scheme

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

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Frasers Group secures purchase of Coventry Building Society Arena

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 […]

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PIC forward funds £200 million Birmingham build to rent skyscraper

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 […]

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Telford Land Deal attracts £325m investment…and more to come

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 […]

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First steps taken to create 149k homes in Birmingham

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, […]

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Four Midlands countryside sites earmarked for massive development

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 […]

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Silbury Finance provides retirement living specialist Audley Group with £59 million investment loan

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 […]

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