Weston Homes secures 6.23-acre Surrey site in £33m deal Sep 16, 2024 Multi award-winning developer Weston Homes has exchanged contracts to acquire the former Sergeants’ Mess in the village of Deepcut, Surrey. A grand Edwardian style building with rich military heritage, it is set to become a £32.5 million (GDV) scheme comprising 70 homes, with a mixture of converted and new build market sale and shared ownership […] Posted by: Deividas Krupstas Read more
Weston Homes To Launch £315M – 900 More New Homes Across London & The South-East Feb 14, 2024 Leading volume housebuilder Weston Homes has announced it will launch and develop an additional £315 million of new residential schemes this year, providing almost 900 more new homes across London and the South-East with two further London commuter projects at planning application stage offering another 650 homes, adding in excess of 1,500 new homes to […] Posted by: Mya Driver Read more
Whitbread completes the sale and leaseback of two operational hotels Oct 29, 2024 Whitbread PLC, the UK’s largest hospitality business and owner of Premier Inn, has successfully completed the sale-and-leaseback of two trading Premier Inn hotels. The two hotels achieved a net initial yield of 4.25% across the two properties and returned £56 million for the business. A 30-year term with five yearly CPI reviews (0-4%) was offered […] Posted by: Deividas Krupstas Read more
Wimbledon Expansion: Merton Council Approves Landmark Stadium and 39 New Courts Oct 27, 2023 The prestigious Wimbledon Championships is set to witness a remarkable expansion following a significant nod from Merton Council’s planning committee. The initiative, driven by the All England Lawn Tennis Club (AELTC), encompasses the construction of a state-of-the-art 8,000-seater stadium with a retractable roof, alongside 39 new courts across the road from the existing club, at […] Posted by: Mya Driver Read more
Wootton Science Park unveils £35 million masterplan for new SME science and tech lab space and amenities Mar 18, 2024 Hartwell Plc, the automotive and property development company, has unveiled emerging designs to deliver new carbon efficient lab and workspace buildings for small and medium sized science and technology companies and amenities at Wootton Science Park to the south-west of Oxford. Hartwell has owned the park since 1975 and built the first office building in […] Posted by: Mya Driver Read more
Zephyr X completes acquisition and begins groundworks on new care home Nov 4, 2024 Zephyr X has announced the completion of the site purchase and the commencement of groundworks for a state-of-the-art senior living development situated in Bishop’s Waltham in Hampshire. The new care home is set to redefine the standard of comfort, privacy, and quality in senior living, according to the developer. The development, thoughtfully designed to foster […] Posted by: Mya Driver Read more
Zephyr X’s £135 million BTR development gets go-ahead from planners Dec 9, 2024 Zephyr X Developments is celebrating after securing planning consent for a major redevelopment of a prime Milton Keynes site to create 376 high quality build-to-rent (BTR) apartments. Milton Keynes City Council’s planning committee has granted detailed planning permission for the £135 million GDV redevelopment of 500 Avebury Boulevard, formerly known as the Allianz offices, in the […] Posted by: Deividas Krupstas Read more
Watford Council opens tender process on £200m redevelopment joint venture Apr 14, 2021 Watford Borough Council (WBC) has opened the procurement process on a joint venture proposal to redevelop Watford’s Town Hall Quarter (THQ). Potential construction partners have until May 17 (5pm) to enter the bidding process for the £200m scheme. WBC requires a partner who can carry out preparation, design, build and finance, including (but not limited […] Posted by: Mark Flanagan Read more
The council turning care home provider again after 50-year gap Apr 13, 2021 Central Bedfordshire Council (CBC) today released details of its scheme to build its first care home in nearly 50 years. The 63-bed facility will sit on the site of the recently-demolished Magistrates Court and Police Centre in Leighton Buzzard and is due for completion by the end of next summer. The proposal, designed by Concertus […] Posted by: Mark Flanagan Read more
Flagship North West London redevelopment approved by planners Apr 9, 2021 Network Homes has received planning permission for the next stage of a major development at Northwick Park Hospital in north west London. Brent Council’s planning committee has granted outline permission up to 1,600 new homes, as well as the student facilities, commercial space and a replacement nursery, to be built across 19 buildings on the […] Posted by: Mark Flanagan Read more
Sussex councils’ £110m modular housing framework Apr 7, 2021 Two councils in Sussex have joined forced to create a four-year modular housing framework worth £110m. Lewes District Council (LDC) has taken the lead on behalf of Eastbourne Borough Council (EBC) and both are working on housing development programmes, primarily in the affordable sector. The estimated value of LDC’s portion of the framework is £41.25m, […] Posted by: Mark Flanagan Read more
Former power station in Kent set to be reborn as £1bn industrial park Apr 7, 2021 The owners of a redundant power station in Kent have submitted plans to convert the 279-acre site into an £1bn industrial park. Uniper UK’s 10-year Medway One project on the Hoo Peninsula incorporates a mixture of commercial, manufacturing and industrial spaces, along with the potential for storage, distribution and data centre uses. The application follows […] Posted by: Mark Flanagan Read more