NatWest Provides £21.3m Debt Funding For Cheyne Impact Real Estate Project In Manchester Jun 21, 2022 NatWest has provided a £21.3 million development finance facility for Cheyne Impact Real Estate’s project in Oldham Road, Manchester. The development, which is due to top out this month, will be mixed tenure with 35% of the 144 homes allocated to local key workers at a significant discount to market-rate rent. In keeping with all […] Posted by: Mya Driver Read more
ECF’s latest phase of homes in Salford in for planning Jun 14, 2022 The English Cities Fund (ECF) has submitted a planning application to Salford City Council, to bring forward a further phase of new homes at New Bailey, which forms part of its place-changing, £1bn, 50-acre Salford Central regeneration. The 22-storey building, designed by Hawkins Brown, will bring forward an additional 196 homes with spectacular city and […] Posted by: Mya Driver Read more
Cole Waterhouse acquires Salford site for 300,000sq ft logistics scheme Jun 8, 2022 Cole Waterhouse has exchanged contracts to acquire a development site adjacent to the AJ Bell Stadium from The City of Salford Community Stadium, a joint venture between Peel Land & Property and Salford City Council. Bounded by the Manchester Ship Canal to the south, the AJ Bell Stadium to the west and the M60 Manchester […] Posted by: Mya Driver Read more
Chancerygate and Northwood JV submits plans for £30m development Jun 8, 2022 A joint venture (JV) between Chancerygate and real estate private equity firm Northwood Investors has submitted plans to build 131,000 sq ft of Grade A urban logistics space at Trafford Park, Manchester. The planning submission is developer Chancerygate’s and Northwood Investors’ first joint application since launching the JV in September 2021. The JV plans to […] Posted by: Mya Driver Read more
Northstone secures £30m deal with NatWest to continue growth Jun 6, 2022 Northstone continues to make its mark in the North West property industry, securing a £30million Revolving Credit Facility with NatWest, allowing the company to grow at pace. The housebuilder is currently active on five sites, with a delivery pipeline of over 1,000 homes. As part of Peel L&P and with access to this new credit […] Posted by: Mya Driver Read more
Network Space submits planning for regeneration of former Distillery Jun 1, 2022 Network Space has submitted a full planning application to Knowsley Metropolitan Borough Council for the regeneration and redevelopment of an initial phase of the former Sovereign Distillery site on the Huyton Business Park. Now known as Sovereign Industrial Park, the planning application covers approximately half of the 28 acre site. The scheme comprises the delivery […] Posted by: Leon Newton 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
Oxenwood acquires Manchester logistics estate from pension fund in £19m deal May 30, 2022 Oxenwood Real Estate, the UK and European real estate investment management firm, has acquired a multi-let logistics estate near Manchester for £19 million. Located by junction 19 of the M60 orbital motorway in Middleton, four miles north east of Manchester, the 12-acre estate has been acquired from a retained pension fund client of CBRE Capital […] Posted by: Leon Newton Read more
Aldermore provides £11m loan to Russell Armer Homes for new resi scheme May 25, 2022 Aldermore has provided a £10.7m loan to Russell Armer Homes to deliver a housing development in Kendal. The Meadow Rigg site is located on the northern edge of Kendal, which is at the southern edge of the Lake District in Cumbria. The development is another joint venture between Russell Armer Homes and the Housing Growth […] Posted by: Leon Newton Read more
Warehouse REIT and Panattoni to deliver major logistics park in the North West May 24, 2022 Warehouse REIT, the urban and ‘last-mile’ industrial warehouse investor, has entered into a development agreement with Panattoni, the largest logistics real estate developer in Europe, to bring forward the development of up to 2 million sq ft at its logistics hub at Radway Green, in Crewe. Under the terms of the agreement, Panattoni, which has […] Posted by: Leon Newton Read more
