Built Environment Networking Blog: South East News

Revealed: The 20 English Towns and Cities to get 11,500 New Homes

The government has announced the 20 towns and cities poised to benefit from the construction of 11,500 new homes. This initiative aims to provide a substantial boost to housing availability, targeting previously developed brownfield sites to accommodate this significant increase. The strategy not only seeks to make home ownership more attainable for younger buyers but […]

Posted by: Mya Driver

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RO Group Acquires Swindon Site for Mixed-Use Development

RO Group has secured a 9.7-acre agricultural site in Swindon, located at Home Farm on the A420 road connecting Swindon to Oxford. The site is set to become part of the larger 8,000-home New Eastern Villages development, a key project in the region. The development will be modelled after RO Group’s successful Solstice Park project […]

Posted by: David Gilbank

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Sainsbury’s agree land sale for major East London redevelopment

Telford Homes has cleared a major hurdle in its bid to develop a major mixed use scheme in East London. The constructors today confirmed it has exchanged contracts with Sainsbury’s for the conditional purchase of a 4.82-acre site in Ilford.  The site benefits from an existing residential led planning permission, which the partnership anticipates enhancing […]

Posted by: Mark Flanagan

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Scannell and Royal London Asset Management Property received final go-ahead for 33-acre logistics scheme in Tunbridge Wells

Scannell Properties and Royal London Asset Management Property have received detailed planning permission for TN2 Gateway, a new development of prime warehouse and industrial facilities in Tunbridge Wells, Kent. Construction has now started on the scheme which will deliver over 500,000 sq ft of much-needed warehousing accommodation with ancillary office space. The development comprises nine […]

Posted by: Deividas Krupstas

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Schroders Capital completes £35 million off market acquisition

Schroders Capital’s real estate team, acting on behalf of Greater Manchester Pension Fund (“GMPF”), has successfully completed the off-market acquisition of Brackmills Central Industrial Estate in Northampton from M&G Real Estate for £35 million, reflecting a capital value of £128 per sq ft. The 272,000 sq ft estate comprises 31 units ranging from 3,000 to […]

Posted by: Mya Driver

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Sheerwater Regeneration Project Awaits £57.7m Funding

The Sheerwater Regeneration Project, a cornerstone of Woking Borough Council’s urban development initiatives, is on the brink of a significant financial boost. The council has formally approached the government, seeking a hefty £57.7 million to wrap up three pivotal phases of the project. The government commissioners, currently collaborating with the council under its Section 114 […]

Posted by: Mya Driver

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Silbury Finance facilitates £22m for Hove residential development

The Oaktree Capital Management-backed lender agreed the 17-month facility at 70% LTGDV. It will support Stonegate’s transformation of a vacant office block into 100 residential flats arranged over seven floors. The scheme will include a mix of one-and-two-bed apartments and penthouses with panoramic views across Brighton and the coastline. Some 25% of the homes are […]

Posted by: Mya Driver

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Silbury Finance provides £39 million loan for 20-acre brownfield site acquisition in Dorking, Surrey

Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £39 million senior loan to Stonegate Homes, the residential developer focused on brownfield site regeneration in the Homes Counties. The 12-month facility, at 90% Loan to Cost, will fund the acquisition of a 20 acre brownfield site in Dorking, Surrey, where Stonegate Homes […]

Posted by: Mya Driver

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Silbury provides £43m in loans to unlock Aldgate and Bath developments

Silbury Finance (“Silbury”), the development lender backed by Oaktree Capital Management, has provided two senior loans, totalling £43 million, to fund the development of two residential schemes in Aldgate and Bath. Reflecting Silbury’s commitment to funding new developments that meet the highest environmental standards, both loans include a discount on the exit fee for the […]

Posted by: Mya Driver

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