Built Environment Networking Blog: North West News

Approved: £55m for Central Docks Housing Project

Liverpool City Council has approved a £55m investment from the new Labour government, marking a significant advancement for the Central Docks housing scheme. This funding, part of the Brownfield Infrastructure Land (BIL) grant, aims to rejuvenate the stalled Central Docks project within Liverpool Waters. The initiative, announced by Chancellor Rachel Reeves, positions Liverpool at the […]

Posted by: Mya Driver

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Arrow Global Expands Reach by Acquiring Full Control of Maslow Capital

Manchester-based asset manager Arrow Global Group has taken full control of Maslow Capital, a real estate finance provider headquartered in London. This acquisition comes after Arrow Global initially purchased a significant minority stake in Maslow Capital in December 2021. Arrow Global itself was taken over by TDR Capital, a private equity firm, in a £565 […]

Posted by: Mya Driver

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Arrow Global Secures £313m Commitment from ADIA

Arrow Global Group Capital Management has secured a £313 million commitment from a subsidiary of the Abu Dhabi Investment Authority (ADIA) for its UK and European Real Estate Lending strategy. This partnership, which builds on ADIA’s previous investment in Arrow’s Opportunistic Credit strategy, will support various projects, particularly in the UK, including major developments in […]

Posted by: David Gilbank

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B8re advises on £18m+ sale of modern distribution unit

Acting on behalf of a UK Pension Fund client, industrial property consultancy, B8RE has completed the disposal of a modern single let logistics warehouse in Ellesmere Port, in a deal worth close to £18.5million. The state-of-the-art 210,000 sq ft facility is let to Honeywell, which is the company’s sole distribution hub in the UK and […]

Posted by: Deividas Krupstas

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B8re Completes Sales Worth £4million For Network Space Investments

Industrial property specialist B8RE has completed the disposal of two single let assets in the North West on behalf of Network Space Investments (NSI). The two sales sold in excess of £4m, with both achieving ahead of quote after competitive bidding processes.  The assets include a 23,012 sq ft detached unit in Skelmersdale on a 3.2-acre […]

Posted by: David Gilbank

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Barings invests in UK logistics property

Barings has completed a deal to forward-fund a Grade A logistics asset in Omega Business Park, in the north west of England, UK. The site has planning permission for a 308,905ft² prime warehouse that will be built to a high specification, including an EPC A certification, electric vehicle charging, and photovoltaic panels on the roof, and […]

Posted by: Mya Driver

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Barrow Learning Quarter: Contractor sought to build Cumbrian campus

A successful contractor will create a university campus, the town’s first, on a 2.76-hectare site beside BAE Systems’ existing Submarines Academy for Skills and Knowledge.  The multi-million pound campus project is the centre piece of the Barrow Learning Quarter (BLQ), one of the #BrilliantBarrow Town Deal projects backed by government funding.  Together with upgraded facilities at Furness […]

Posted by: Mya Driver

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Bentley reveals £2.5bn investment plan as firm moves towards EV’s

Bentley’s first-ever Battery-Powered Electric Vehicle (BEV) will be developed and built in the UK with the company committing to investing £2.5 billion in sustainability over the next ten years. The announcement is a major boost for the UK economy and also helps secure Bentley’s first step into electrification at the production plant, where all Bentley […]

Posted by: Mya Driver

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Bill to extend HS2 to Manchester handed to parliament

The prospect of high-speed journeys adding extra capacity into the rail network, and helping to close the distances between towns and cities in the Midlands and North, took a giant leap forward today (24 January 2022) as the Bill for the Crewe–Manchester extension of the HS2 network was submitted to Parliament. The Bill sets out […]

Posted by: Mya Driver

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Blackburn Greenlights Major Housing Development for Nearly 600 Homes

Councillors in Blackburn have approved full planning permission for Persimmon Homes Lancashire’s extensive project to construct 553 new homes off Heys Lane, with outline approval for an additional 45 residences. This approval initiates the transformation of a 101-acre site near Blackburn town centre into a substantial residential area. Persimmon Homes plans to develop a diverse […]

Posted by: David Gilbank

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