Built Environment Networking Blog: East of England News

Cambridge Embraces Housing Revitalisation with Ekin Road Estate Redevelopment

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

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Derby University’s Urban Revamp: Nuns Street to Witness Major Transformation

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

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Silbury Finance maintains deployment momentum with £67 million loan for 341-home mixed tenure development in Bedford

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

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£30m logistics facility acquired by Leftfield

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

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£90 Million Student Accommodation Portfolio Hits the Market Across Four UK Cities

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

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11-PBSA units totalling 4,500 beds sold in £306m deal

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

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65m North Quay Riverside Project: Great Yarmouth Council in Search of Development Partner

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

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Aedifica invests £13.5M in the construction of a care home

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

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Allegra Care and Moorfield add 133 beds to partnership through acquisitions in Cambridgeshire and Suffolk

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

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Aviva Investors acquires Ipswich site to develop up to 163 single family homes with Packaged Living

Aviva Investors, the global asset management business of Aviva plc, announces it has acquired a site less than a mile from Ipswich town centre with planning for the development of over 163 family homes, as it continues to grow its UK single-family rental platform in partnership with Packaged Living, the specialist UK Build-to-Rent (BtR) developer. […]

Posted by: Mya Driver

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