Salford Council Edges Closer to Full Ownership of Community Stadium Aug 27, 2024 Salford City Council is nearing the final stages of acquiring full ownership of Salford Community Stadium, home to the Salford Red Devils and Sale Sharks. Currently, the council holds a 50% stake in the stadium, but after a decision in February to take complete control, the buyout from its partner, Peel, is expected to be […] Posted by: Mya Driver Read more
Salford’s New £68M Student Accommodation Acquired by JV Partnership Sep 13, 2023 A joint venture between Bricks Group and Tristan Capital Partners’ CCP 5 Fund has successfully acquired a 457-bed purpose-built student accommodation (PBSA) in Salford for a whopping £68 million. This acquisition is a part of the joint venture’s strategic plan to establish a robust £750m+ platform in the UK’s PBSA market. Established in 2021, the […] Posted by: Mya Driver Read more
Schroder REIT acquires £15m Manchester mixed-use asset May 31, 2022 Schroder Real Estate Investment Trust Limited, the actively managed UK-focused REIT, announces the acquisition of St. Ann’s House in Manchester, for £14.7 million, reflecting a net initial yield of 7.8%, a reversionary yield of 9.1% and a low average capital value of £283 per sq ft. The mixed-use office and retail asset generates £1.22 million […] Posted by: Leon Newton Read more
Select Property get approval for £154m Manchester tower Aug 1, 2022 Select Property Group has received approval for a 33-storey residential apartment project in Manchester – having revised plans which initially got rejected. The initial plans for 34-storeys had been rejected for being too high initially, but the project has now been approved and the project will see 481 new flats being developed. Reducing the storey […] Posted by: Mya Driver Read more
Select Property secures £128.5m backing from Maslow Capital for its landmark Manchester residence development Sep 4, 2023 Leading property developer, operator and investment specialist Select Property, has secured a £128.5 million development finance deal to bring forward its landmark One Port Street residence in the heart of Manchester’s vibrant Northern Quarter. Maslow Capital, a specialist finance provider with a proven track record of funding large-scale developments, has provided the new finance as […] Posted by: Mya Driver Read more
Seven premium build-to-rent schemes to be built by new Apache Capital and Harrison Street Real Estate Capital joint venture Mar 31, 2023 Apache Capital has formed a joint venture with Harrison Street Real Estate Capital that, with additional investment from National Farmers Union Mutual Insurance Society Limited and Apache Capital, intends to fund the development of up to seven premium build-to-rent schemes across England and Scotland. The New Platform has successfully closed and recently began construction on […] Posted by: Mya Driver Read more
Solar farm proposed to support Blackpool Airport Aug 29, 2024 Initial proposals for a solar farm on land south of Blackpool Airport’s main runway have been submitted to Fylde Council. The proposed 20MVA solar farm would allow the airport to generate its own renewable electricity, reducing energy bills and its carbon footprint, while also enabling Blackpool Council to reduce its overall net electricity consumption by […] Posted by: Mya Driver Read more
Soller Developments submits plans for PBSA scheme Sep 9, 2024 Soller has submitted plans to Manchester City Council to develop a new PBSA (purpose built student accommodation) scheme in the city. The project aims to create 20 student flats with the ground floor being utilised for commercial space. Plans outline their desire to redevelop a former Barclays Bank where Oxford Road and Grosvenor Street connect. […] Posted by: Deividas Krupstas Read more
Southport Marine Lake Events Centre gets £17.7m funding boost Oct 7, 2022 Ambitious plans to build a new multi-purpose events centre in Southport to get another £17.7m. At a meeting of the Combined Authority (CA) next week, local leaders will be asked to approve funding for the new Marine Lake Events Centre, which includes a 1,500-capacity theatre as well as exhibition and conference facilities. That funding is […] Posted by: Mya Driver Read more
St Helens Council Moves to Demolish School Aug 27, 2024 St Helens Council is set to decide on an application to demolish the long-abandoned Penkford School in Newton-le-Willows. The school is situated at the corner of Wharf Road and Common Road, has deteriorated significantly since its closure. The demolition plan includes removing all buildings on the site, but the foundations, car parks, and service roads […] Posted by: Mya Driver Read more
St Helens town centre regeneration gets the nod from council planners Sep 28, 2022 The once-in-a-generation transformation of St Helens town centre received the green light from St Helens Borough Council’s Planning Committee last night (Tuesday 27 September), which follows on from the approval of regeneration plans for Earlestown town centre earlier this year. Images have been released following the approval which show new views of the proposed […] Posted by: Mya Driver Read more
St. Modwen Logistics completes acquisitions in Birmingham and Manchester totalling 175,000 sq ft Jan 24, 2023 St. Modwen Logistics, one of the UK’s leading logistics developers and managers, has completed two acquisitions in Birmingham and Manchester as it continues to expand its portfolio in major cities across the country. Network Park industrial estate is situated 1.7 miles from Birmingham City centre and was constructed in the early 2000s, comprising six high-quality […] Posted by: Mya Driver Read more
