DFI snaps up £35.6m Leicester student accommodation block Apr 14, 2021 Investor Deutsche Finance International (DFI) has stepped up its drive to acquire purpose-built student accommodation (PBSA) with a £35.6m purchase of a 462-bed development in Leicester. The London-based firm, which manages nearly €3bn in assets, has completed off-market with developers Watkin Jones on behalf of its pan-European Value Add Fund. The deal represents DFI’s second […] Posted by: Mark Flanagan Read more
Travis Perkins boost for CEG’s Nottinghamshire development Mar 31, 2021 Property investors CEG has submitted a detailed planning application to deliver a 1,933 sqm builders merchant facility for Travis Perkins at the Vesuvius retail park in North Nottinghamshire. The proposal will further regenerate this brownfield site and address a live requirement for a new bespoke Travis Perkins facility within Worksop. CEG is currently managing the comprehensive […] Posted by: Mark Flanagan Read more
Major new Derbyshire warehouse hub set for Midlands Main Line link-up Mar 29, 2021 The owners of a proposed rail-connected warehouse scheme in Derbyshire hope it will become a major distribution hub for the Midlands. New Stanton Park, situated just off junction 25 of M1, sits adjacent to the Midland Main Line and current plans have it capable of accommodating the largest of goods locomotive thanks to a 935-metre-long […] Posted by: Mark Flanagan Read more
Nottingham town centre redevelopment restarting thanks to £12m grants Mar 25, 2021 Nottingham City Council (NCC) has received £12m in funding to pave the way for the restart of its Broadmarsh shopping centre redevelopment. NCC has received £8m from the D2N2’ Local Enterprise Partnership’s Getting Building Fund along with £4m of match funding from the Transforming Cities Fund to complete the demolition phase, which is due to […] Posted by: Mark Flanagan Read more
Councils unite for ambitious £5bn East Midlands regeneration plan Mar 24, 2021 Five councils in the East Midlands today announced they have joined forces to create a £5bn regeneration plan across three huge sites in the region. Nottinghamshire and Leicestershire County Councils have partnered with Broxtowe Borough, Rushcliffe Borough and North West Leicestershire District Council to fund an interim body that will eventually become the East Midlands […] Posted by: Mark Flanagan Read more
Hammerson reveals new look for former Debenhams store Mar 16, 2021 Hammerson, who this week announced a £1.6bn write down of its retail property portfolio, has submitted plans to redevelop the former Debenhams in Leicester into new homes for rent. The property investment company has worked jointly with private-rented-sector specialist Packaged Living, which has extensive experience of bringing forward high quality PRS schemes, to develop the […] Posted by: Mark Flanagan Read more
LondonMetric reinvests in Milton Keynes warehouses Mar 16, 2021 Logistics specialist LondonMetric has bought two warehouses in Milton Keynes for £31.2m. The two properties have been acquired in separate transactions and comprise a 66,000 sqft unit, which is let to TalkTalk as a data centre and has been acquired for £23.9m, and a 42,000 sqft urban logistics warehouse which is three miles from the centre […] Posted by: Mark Flanagan Read more
Government help for £800m Nottingham expansion Mar 15, 2021 An £83m package of Government funding has been agreed to accelerate the delivery of 3,000 homes on a £800m mixed use development scheme on the edge of Nottingham. Clowes has received £62m from Homes England’s Land Assembly Fund and £21m loan from the Home Building Fund towards the development of the 606-acre site at Fairham. […] Posted by: Mark Flanagan Read more
Big investment wins for North East as Chancellor emphasises determination to level up economy Mar 3, 2021 The North East was a big winner in today’s budget which stuck to the ‘levelling up the country’ theme that has become a mantra of Chancellor Rishi Sunak. Teesside was named as one of eight new Freeports while Darlington won the battle to be the location of the new Treasury department, which will mean hundreds […] Posted by: Mark Flanagan Read more
Rutland golf course set for new life as eco-friendly mini Center Parcs Feb 26, 2021 A father-and-son partnership have revealed full details of their plan to convert a Rutland golf course into an environmentally-friendly, mini Center Parcs. The £30m redevelopment includes the creation of 60 naturally-built, luxury lodges with existing buildings being turned into a clubhouse and swimming pool at the 185-acre site just off the A1 near Stamford. Colin […] Posted by: Mark Flanagan Read more
