Queen’s University’s £100m Investment Opens Doors for Developers in Belfast Sep 21, 2023 Queen’s University, Belfast, has unveiled plans to invest up to £100 million over the next four years to address the rising demand for student accommodation in the city. This move comes in light of an anticipated “unprecedented upsurge” in the need for student housing, with projections indicating a requirement for an additional 3,000 rooms for […] Posted by: Mya Driver Read more
Rushmere Shopping Centre sold to private investors Feb 2, 2023 Rushmere Shopping Centre and Retail Park, home to some of the UK and Ireland’s most prominent retailers, has been sold out of Administration for an undisclosed sum to Killahoey Ltd, a joint venture between Northern Ireland based companies Sheephaven and May Street Capital. Rushmere Shopping Centre first opened its doors in 1976 and has been […] Posted by: Mya Driver Read more
Simply Care Group secures £40m funding deal Jul 18, 2023 Simply Care Group UK (“Simply UK”), a specialist developer and operator of care homes, has completed a forward funding deal for two flagship assets in Bury St Edmunds and Dublin for a combined sum of £40m (€46.8m), equating to a net deal yield of 5.2%. The two sites, which are currently under construction, will be […] Posted by: Mya Driver Read more
Starwood secures £13.5m for Belfast hotel and offices Jul 21, 2021 Starwood European Real Estate Finance Limited and its subsidiaries (“the Group”), a leading investor originating, executing and managing a diverse portfolio of high-quality real estate debt in the UK and Europe, has successfully closed a three year £13.5 million floating rate loan secured by a freehold, consisting of a 38k square foot, fully let office […] Posted by: Nathan Spencer Read more
Translink names MRP as master-development partner for the transformational Weavers Cross Regeneration Scheme in Belfast Aug 3, 2023 Translink, Northern Ireland’s public transport provider, has selected developer MRP as its Private Sector Partner for Belfast’s transformational Weavers Cross development. As the appointed master-development partner, MRP will deliver the Weavers Cross development with the potential for 1.3 million square feet of mixed-use office, life sciences, residential, student housing, hotels and retail/leisure space, presenting a […] Posted by: Mya Driver Read more
Urgent Funding Sought for Belfast’s Casement Park Redevelopment Ahead of Euro 2028 Feb 20, 2024 With the clock ticking towards the Euro 2028 football tournament, Belfast’s Casement Park is in a critical race against time to secure the necessary funding for its ambitious redevelopment plans. Contractors have already started the preliminary groundwork, focusing on maintenance and pre-enabling tasks that are crucial for the forthcoming demolition of existing structures. This initial […] Posted by: Mya Driver Read more
Waterfront office investment in Clarendon Dock offered for sale Apr 10, 2024 Beacon House in Belfast’s Clarendon Dock Business Park has been brought to market for sale, with offers in excess of £4.6 million being sought. Located in Belfast Harbour Estate close to the city centre, Beacon House is a 51,028 sq ft waterfront office building comprising five storeys. The building is currently let in its entirety […] Posted by: Mya Driver Read more
Whitbread commits to further expansion in Northern Ireland with new Premier Inn at Belfast International Airport Jan 8, 2025 Whitbread PLC, the UK’s leading hospitality company and owner of Premier Inn, has committed to opening an 81-bedroom Premier Inn hotel at Belfast International Airport. The company, which currently operates seven Premier Inn hotels in Northern Ireland, signed an agreement-for-lease with JHT Hotels Limited, a subsidiary of Northern Ireland developer J H Turkington and Sons […] Posted by: Mya Driver Read more
Yotel to open £17m Belfast hotel Sep 25, 2024 Yotel has confirmed they’ll be opening their first hotel in Belfast – as they look to expand across Europe. Plans submitted to Belfast City Council highlight their desire to deliver a 165-bed hotel totalling £17m of investment. The hotel is outlined to open in 2026 if planning is secured and works are on time. The […] Posted by: Deividas Krupstas 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
