Built Environment Networking Blog: East Midlands News

Schroders Greencoat acquires Nottinghamshire solar project from Lightsource bp

Schroders Greencoat, a specialist renewables manager under Schroders Capital, has completed the acquisition of a solar energy project in Nottinghamshire from Lightsource bp. The project, located at Tiln Farm near Retford, includes a 49.9MWac solar plant co-located with a 25MW/50MWh energy storage facility. The acquisition follows Lightsource bp’s finalisation of the project’s construction, with the […]

Posted by: Mya Driver

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Schroders Greencoat Expands UK Solar Portfolio with New Acquisitions

Schroders Greencoat, the renewables infrastructure management arm of Schroders Capital, has expanded its UK solar portfolio by acquiring three solar PV assets from Metlen Energy and Metals, formerly known as Mytilineos. The new additions include ground-mounted solar developments in Lincolnshire, Worcestershire, and Nottinghamshire, with a combined capacity of approximately 110MW. With this acquisition, Greencoat’s operating […]

Posted by: Mya Driver

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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 […]

Posted by: Mya Driver

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Spitfire Housing secures land to develop 1,100 new homes

A major new neighbourhood of up to 1,100 homes, a primary school and community & retail space is coming to Daventry, after the site was acquired by Spitfire Homes in partnership with Crest Nicholson. Located on the western edge of Daventry, the 50-hectare development already has outline planning permission for up to 1,100 new homes, […]

Posted by: Mya Driver

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UK Student Housing Boost: Puma Property Backs £72m Nottingham Development

In a major boost to student accommodation in Nottingham, Puma Property Finance has committed to a £72 million loan for a new development project. This project, a joint venture between Olympian Homes and Housing Growth Partnership (HGP), aims to construct a 790-bed purpose-built student accommodation (PBSA) scheme in the city’s heart. Dubbed Forest Mill, the […]

Posted by: Mya Driver

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Unite acquires a 270-bed consented development site in Nottingham

Unite Group PLC – an attendee at UKREiiF –  has acquired a consented 270-bed development site in Nottingham City Centre. The Bristol, England-based owner, manager and developer of student accommodation expects to spend GBP34 million developing the site, which will open for the 2024-25 academic year. It expects the yield on cost to be 7%. […]

Posted by: Mya Driver

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Urban Group gets green light for 300-bed PBSA project

Planning permission has been granted for a major new student accommodation scheme in Nottingham’s Southside Regeneration Area, on Traffic Street, that will offer a total of 297 bedrooms. The site is currently occupied by a parking area and two industrial units that will be demolished to make way for the development. Planning Permission was secured […]

Posted by: Mya Driver

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Urban&Civic to acquire L&Q Estates from L&Q Group

London & Quadrant Housing Trust (“L&Q”) and Urban&Civic plc (“Urban &Civic”) are pleased to announce that the acquisition of L&Q Estates by Urban&Civic is now unconditional and will complete shortly. Urban&Civic, a leading Master Developer in the UK, was identified by L&Q as a logical purchaser to keep faith with the intention of boosting housing […]

Posted by: Mya Driver

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Vistry Group to build 228 new family homes in Sileby

Vistry Group, the UK’s leading provider of affordable mixed-tenure homes, has exchanged contracts on a 28.5-acre site on Barnards Drive in Sileby. The land, with a GDV of £63.2m, is being developed to build 228 much-needed family homes to help combat the need for housing in the area. Situated just beyond Barnards Drive on the […]

Posted by: Deividas Krupstas

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