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
Simply Care Group secures £40m funding deal Jul 18, 2023 Simply Care Group UK (“Simply UK”), a specialist developer and operator of care homes, has completed a forward funding deal for two flagship assets in Bury St Edmunds and Dublin for a combined sum of £40m (€46.8m), equating to a net deal yield of 5.2%. The two sites, which are currently under construction, will be […] Posted by: Mya Driver Read more
Trebor and Hillwood acquire major industrial site in Ipswich Jul 5, 2023 Trebor Developments and Hillwood have acquired 8 acres of commercial development land from Ipswich Borough Council at Eastern Gateway, Ipswich. Prior to acquiring the site, Trebor secured detailed planning consent in 2022 for a five unit industrial and logistics scheme, ranging in size from 12,905 to 52,250 sq ft. The units will be built speculatively, […] Posted by: Mya Driver Read more
Custodian REIT Disposes Retail Unit in Bury St Edmunds Jun 27, 2023 Custodian Property Income REIT (LSE: CREI), which seeks to deliver an enhanced income return by investing in a diversified portfolio of smaller, regional, core/core-plus properties across the UK, is pleasedto announce the disposal of a high street retail unit in Bury St Edmunds at auction for £0.85m, in line with the 31 March 2023 valuation.Commenting […] Posted by: Mya Driver Read more
Hargreaves Land deal paves the way for major scheme in Lincolnshire Jun 19, 2023 Plans for a major sustainable mixed-use scheme in North Lincolnshire, which is set to include thousands of new homes alongside potential for high-value employment, community and leisure space, have moved a step closer with the acquisition of a major development site. Leading regeneration and multi-sector property development specialist Hargreaves Land has exchanged contracts with site […] Posted by: Mya Driver Read more
North East Lincolnshire: Initial Phase of Local Plan Update Concluded Jun 16, 2023 North East Lincolnshire has reached a significant milestone in its strategic planning efforts as the first stage of the Local Plan update has been successfully completed. This achievement marks an important step towards shaping the region’s future development and ensuring its long-term sustainability. The Local Plan serves as a crucial framework for guiding land use, […] Posted by: Mya Driver Read more
Exciting Development Planned for Former Industrial Site in Lowestoft Jun 16, 2023 A promising new development is in the pipeline for a former industrial site in the vibrant town of Lowestoft. The project aims to breathe new life into the area and unlock its potential for future growth. Situated on the outskirts of town, the site holds significant historical value and offers a prime location for redevelopment. […] Posted by: Mya Driver Read more
Life sciences real estate investment within the ‘Golden Triangle’ totals £496m in Q1 2023 May 2, 2023 Investment into commercial real estate for the UK’s life sciences sector in the Golden Triangle, the area spanning London, Cambridge and Oxford and the UK’s leading market for life sciences and innovation, totalled over £496m in Q1 2023, according to leading global property adviser Knight Frank. This figure represents the highest first quarter investment total […] Posted by: Mya Driver Read more
Weston Homes given planning go-ahead for new Anglia Square proposals Apr 28, 2023 Weston Homes has gained a Resolution to Grant Planning Permission for their new hybrid (part full/part outline) planning application made to Norwich City Council for the redevelopment of the 4.65 hectare (11.5 acre) Anglia Square site in Norwich, which will deliver a scheme of up to 1,100 new homes ranging across buildings from 3 to 8 […] Posted by: Mya Driver Read more
Masterplanning team appointed for the core site Cambridge Apr 21, 2023 As joint master-developers for the 5,600 home mixed-use development in North East Cambridge, TOWN and U+I have selected a masterplanning team for the Core Site. The practice appointed to lead the project is Swedish firm Kjellander Sjöberg Architects, working alongside leading architecture practices, including Bell Phillips, Haworth Tompkins, and 5th Studio Architects, with Feilden Fowles, Nooma […] Posted by: Mya Driver Read more
