PIC invests £40 million in South East based social housing provider ‘Housing Solutions’ Dec 15, 2022 Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension funds, has invested £40 million as debt in Housing Solutions, which owns and manages c. 7,500 properties in the South East of England. Following a competitive process run by Centrus, PIC was selected as the preferred capital markets funder in a total transaction […] Posted by: Mya Driver Read more
PIC lends further £30 million to Heart of Medway Housing Association as part of a long-term partnership Dec 7, 2023 –Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension schemes, has made a second private placement investment of £30 million in secured debt issued by Heart of Medway Housing Association, part of the mhs homes group. This is PIC’s fifth transaction involving £160 million of lending, with the mhs homes group as part […] Posted by: Mya Driver Read more
PIC releases 306 new homes to rent at Arbour Development in Milton Keynes Sep 23, 2024 Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, is pleased to announce the practical completion of Arbour, a landmark Build-to-Rent scheme located in the heart of central Milton Keynes. The £80 million redevelopment of a brownfield site provides 306 residential apartments purpose- designed for rent, 43 of which are offered […] Posted by: Deividas Krupstas Read more
Picture Living Recycles Capital through Portfolio Sale to Invest £23m in Essex’s Housing Future Aug 16, 2023 In a strategic move to target new single-family homes, Picture Living has sold two portfolios, Spark and Seville, enabling the recycling of capital. Following this sale, the company has pledged £23 million to support two private rented sector (PRS) developments in Essex. This investment marks a significant step in Picture Living’s mission to provide high-quality […] Posted by: Mya Driver Read more
Pigeon acquires Twinwoods business park in Bedfordshire Dec 13, 2023 Pigeon is pleased to announce the acquisition of Twinwoods Business Park, near Bedford. Extending to over 165 acres, the park is let to over 20 tenants including the Secretary of State, Red Bull Racing, and numerous industrial and engineering businesses. There is also vacant land that has longer-term potential. We intend to add value by bringing […] Posted by: Mya Driver Read more
Planning Approval Granted for Transformative Redevelopment of Former HMS Daedalus Naval Base Nov 1, 2023 The former HMS Daedalus military base in Hampshire is set to undergo a significant redevelopment, following planning approval for a substantial housing-led waterfront scheme in Lee-on-the-Solent. The project, orchestrated by the Daedalus Development Company under the architectural vision of Acme Architects, aims to blend restoration with modernisation. Central to the redevelopment plan is the careful […] Posted by: Mya Driver Read more
Planning approved: Cambridge International Technology Park Dec 1, 2022 Scott Brownrigg’s design for over 600,000 sq ft of speculative office and laboratory buildings for Biomed Realty has received planning approval. The.15 acres site at Fulbourn Road Cambridge will provide 600,000-net-sq-ft of laboratory and office space, aimed at life sciences, biotechnology and more traditional office occupiers. To be known as Cambridge International Technology Park, the […] Posted by: Mya Driver Read more
Planning permission granted for 600 new homes in Hampshire Sep 15, 2022 Planning permission for 600 new homes has been greenlit as part of the redevelopment of Aldershot town centre. The proposals include the demolition of The Galleries, The Arcade shopping centres and the High Street car park. The redevelopment will see 596 flats built as part of a large complex that will contain 17 buildings in […] Posted by: Mya Driver Read more
Plans approved for 1250 homes in Portsmouth Oct 17, 2022 Plans for the redevelopment of land at Tipner West in Portsmouth have been approved by councillors. The plans include building 1,250 homes and 58,000sqm of employment space. The council has already spent almost £20m on plans and assessments for the area. Posted by: Mya Driver Read more
Plans approved for 8,500 new homes across Harlow & Gilston Garden Town Mar 8, 2023 The largest planning application ever presented to East Herts District Council Plans for six new villages set to deliver 8,500 new homes in East Hertfordshire have been given the green light. The UK’s leading social enterprise, Places for People has secured resolution to grant planning permission for its proposals for Gilston Park Estate, in the […] Posted by: Mya Driver Read more
Plans approved for redevelopment of former Royal Mail site at Maidstone East Sep 30, 2024 Maidstone Borough Council (MBC) Planning Committee last night approved plans for the redevelopment of the Former Royal Mail Sorting Office site, at Maidstone East, for mixed-use development which is predominantly residential. The development will include 180 apartments, 1,863 square metres of commercial and/or community space and around one acre of open green space town centre […] Posted by: Deividas Krupstas Read more
Plans for £1.2bn upgrade to A12 between Chelmsford and Colchester approved Sep 26, 2022 Under the £1.2-billion-pound plans, the A12 between and Colchester – junctions 19 (Boreham Interchange) to 25 (Marks Tey Interchange) – will be widened to three lanes in each direction. Two major bypasses will also be constructed; one at Rivenhall End and a second between Kelvedon North to the Marks Tey Interchange (junctions 24-25). The proposed changes to […] Posted by: Mya Driver Read more
