Built Environment Networking Blog: North West News

Huge step forward for transformation of town centre as development partner announced

A major milestone has been reached in the ongoing transformation of Oldham town centre, with the announcement of the council’s new development partner today (Friday 7 July). The ground-breaking new partnership with nationwide placemaker Muse, will bring millions of pounds of investment to Oldham, as well as creating new jobs and opportunities for local people, […]

Posted by: Mya Driver

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ICG Real Estate provides £100 million development loan to Salboy to fund new 556-home Manchester development

ICG Real Estate, the real estate division of ICG, has provided a £100 million loan to Salboy Limited to fund the development of a major 556 build-to-sell residential scheme in Manchester’s ‘Green Quarter’ district. Sitting on the site of the former Boddington Brewery directly opposite Manchester Arena and Manchester Victoria station, Waterhouse Gardens is well […]

Posted by: Mya Driver

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Industrials REIT secures planning for multi-let industrial scheme

Industrials REIT, the UK multi-let industrial (“MLI”) property company, has secured planning approval for a 55,750 sq ft MLI scheme at its Old Mill Industrial Estate, in Bamber Bridge, Preston. Acquired in 2018, Industrials REIT will transform the existing estate by redeveloping an old industrial building and utilising some vacant land.  The 44 new light […]

Posted by: Mya Driver

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Investec REALIS acquires prime Manchester office in partnership with XLB

Investec Bank Investec Bank plc (“Investec”), a leading international financial services provider, announces that Investec REALIS (“REALIS”), the equity strategy that it launched last year, has acquired Citygate, a 47,000 sq ft office in the heart of Manchester’s CBD.  In line with REALIS’s strategy of working alongside best-in-class operating partners, XLB will be responsible for […]

Posted by: Deividas Krupstas

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Investec Supports Manchester Housing with £22 Million Loan to Realstar

Investec Real Estate disclosed a strategic financial move by providing a three-year, £22 million investment loan to a fund managed by Realstar Group. This loan is secured against UNCLE Manchester, a centrally located multifamily residential scheme in Manchester, underscoring the continuing demand for high-quality housing in the city. UNCLE Manchester features 171 studio and one-bedroom […]

Posted by: David Gilbank

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Investment Fund Acquires Multiple Properties in Key Cities

The Urban Splash Residential Fund has made a significant investment to expand its portfolio, acquiring 129 homes across Manchester, Salford, and Leeds. This £15 million investment has increased the number of homes in the Urban Splash UK Residential LLP (USUKR) portfolio by 41%, bringing the total to 437 homes. The acquisition also adds £1.3 million […]

Posted by: Mya Driver

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Issa Brothers Set to Demolish Final Thwaites Building in Blackburn

The billionaire Issa brothers have submitted an application to demolish the last remaining structure of the former Thwaites Brewery in Blackburn. The building, a former visitor centre, is located on a nearly half-acre site off Penny Street, which is owned by their property company, Monte Blackburn. The brothers, who made their fortune with the creation […]

Posted by: David Gilbank

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Joint Venture launches MIX MANCHESTER – Airport-based Science, Innovation Manufacturing campus

A revised masterplan has been developed which will see the creation of the UK’s best-connected science, innovation, and manufacturing campus at Manchester Airport. MIX MANCHESTER will be one of the largest science and innovation campuses in the UK, delivering 2 million sq ft of high-quality advanced manufacturing and science space. It will be the only […]

Posted by: David Gilbank

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JR Capital and Chancerygate £150m urban logistics multi-let fund acquired Liverpool’s North and South Harrington Buildings for £9 million

JR Capital and Chancerygate’s 150m multi-let urban logistics investment fund has acquired Brunswick Business Park’s North and South Harrington buildings in Liverpool for £9m. The 120,000 sq ft fully let industrial estate was acquired from CEG. Located less than one mile south of the city centre with frontage on the A5036 Sefton Street, the North […]

Posted by: Mya Driver

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