Cambridge Embraces Housing Revitalisation with Ekin Road Estate Redevelopment Sep 22, 2023 Cambridge City Council is actively exploring opportunities to revitalise the Ekin Road Estate, potentially introducing modern housing solutions. The council has presented three promising avenues for the 122-home estate, which include essential repairs and retrofitting, partial redevelopment, and a complete site transformation. This initiative is geared towards enhancing the living standards for residents and aligning […] Posted by: Mya Driver Read more
Derby University’s Urban Revamp: Nuns Street to Witness Major Transformation Aug 25, 2023 Derby University is spearheading a significant urban redevelopment project, with Nuns Street at the heart of this transformation. The long-standing Brook House, which has been vacant for over a year, has received clearance for demolition, marking the beginning of the university’s expansive rejuvenation plan. The project’s overarching vision encompasses the creation of cutting-edge learning facilities, […] Posted by: Mya Driver Read more
Silbury Finance maintains deployment momentum with £67 million loan for 341-home mixed tenure development in Bedford Jul 31, 2023 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £67 million senior loan to MCR Property Group, the established residential developer. The 24-month facility will fund the development of 341 homes, a mix of for sale and rent, in the sought-after commuter town of Bedford. It represents the third deal between the […] Posted by: Mya Driver Read more
£30m logistics facility acquired by Leftfield Jan 27, 2023 A 250,000 sq ft Northamptonshire logistics facility, has been acquired by a property investment firm in a deal worth £30m. Specialist investor, developer and manager of real estate, Arrow Capital Partners, has completed the sale a warehouse in Corby to Leftfield. Rob Howe, head of real estate, Europe, at Arrow Capital Partners, said: “This sale […] Posted by: Mya Driver Read more
£90 Million Student Accommodation Portfolio Hits the Market Across Four UK Cities Mar 1, 2024 Beachrock has announced its role in orchestrating the sale of a purpose-built student accommodation (PBSA) portfolio valued at £90 million, offering 1,494 student bed spaces across prime university cities in the UK. Each individual bed space in the collection is valued at £60,000, presenting an attractive proposition for investors. The portfolio encompasses seven assets situated […] Posted by: Mya Driver Read more
1,100-Home Regeneration Project in Norfolk Apr 25, 2024 Flagship Group has submitted an outline planning application to regenerate a 1,100-home development in Norfolk. The project, centered around the Abbey in Thetford, aims to address housing needs while enhancing energy efficiency and community well-being. The plan involves constructing between 320 and 500 additional homes, retrofitting existing ones, and replacing others. These new homes will […] Posted by: Mya Driver Read more
11-PBSA units totalling 4,500 beds sold in £306m deal Mar 8, 2022 Unite Students has disposed of an 11-strong property portfolio – comprising 4,488 beds – for £306m, with the company’s share sitting at £236m. The deal – struck with an affiliate of Lone Star Funds – includes assets in Sheffield (1,700 beds), Reading (703 beds), Leicester (665 beds), Bedford (517 beds), Liverpool (390 beds), Birmingham (337 beds), […] Posted by: Mya Driver Read more
65m North Quay Riverside Project: Great Yarmouth Council in Search of Development Partner Sep 1, 2023 Great Yarmouth Borough Council is actively seeking a development partner for its ambitious £65 million North Quay Riverside Gateway regeneration project. The council aims to transform this area into a vibrant new neighbourhood near the town centre and waterfront. Preliminary discussions with landowners of the designated four hectares for the project are underway, with the […] Posted by: Mya Driver Read more
ABP and Sizewell C plan to develop Direct Air Capture facility at Port of Lowestoft Mar 29, 2023 Associated British Ports (ABP) and Sizewell C are developing plans to locate a unique Direct Air Capture (DAC) facility at ABP’s Port of Lowestoft, which would be capable of removing carbon dioxide from the atmosphere. Direct Air Capture technology that uses chemical reactions to extract carbon dioxide from the air, which can then be stored. […] Posted by: Mya Driver Read more
ABP expands Port of Lowestoft with the acquisition of former Quality Discounts site Apr 13, 2023 Associated British Ports (ABP) has today announced that it has completed the purchase of the former Quality Discounts site, in a move that is designed to improve the vitality of the port-side location, as well as increase the role that the Port of Lowestoft plays as a thriving centre for companies servicing the offshore energy […] Posted by: Mya Driver Read more
Aedifica invests £13.5M in the construction of a care home Sep 12, 2022 A forward acquisition of a care home is to be constructed in Biddenham (UK) for the Maria Mallaband Care Group with an investment of approx. £13.5 million. The care home will have a capacity of 60 residents. Stefaan Gielens, CEO of Aedifica, commented: “We are pleased to announce that Aedifica will invest approx. £13.5 million […] Posted by: Mya Driver Read more
Allegra Care and Moorfield add 133 beds to partnership through acquisitions in Cambridgeshire and Suffolk Jan 14, 2022 Allegra Care, a UK-focused care home operator, and UKREiiF attendee Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of two nursing, dementia and care homes in Cambridgeshire and Suffolk from Alysia Caring, adding a further 133 beds to the partnership’s […] Posted by: Mya Driver Read more
