Clearbell announces £59m of acquisitions Feb 21, 2022 Logistics portfolio in the East Midlands acquired for £29m; Milton Keynes retail park purchased for £16m from abrdn; St Alban’s office asset bought for £14m from Aviva. Clearbell UK Strategic Trust (CST), a fund advised by Clearbell Capital today announces the acquisition of three assets for £59m. The trust has acquired a mixed portfolio of […] Posted by: Mya Driver Read more
Consultation Begins on Medway’s Local Plan: A Heads-Up for Developers Jul 15, 2024 Medway Council has initiated a public consultation on the Local Plan, a pivotal document that will influence the region’s development for the next 15 years and beyond. Beginning Monday, 15 July, the consultation seeks input from everyone living and working in Medway to shape the future of the area. This consultation is a significant opportunity […] Posted by: Mya Driver Read more
Contemporary Essex Apartments Refinanced Following £6m Residential Property Investment Loan Apr 4, 2024 Two contemporary apartment blocks in Harlow have been refinanced using a £6.645m residential property investment loan from Secure Trust Bank (STB) Real Estate Finance. Developed by Prisma Property Developments, 47 units in the Mayflower and Bluebell House blocks of Harlow Flats will now open their doors to residents. Formerly a two-storey building comprising a Halfords Autocentre, […] Posted by: Mya Driver Read more
Council Plans £50m Property Sell-Off Apr 29, 2024 Guildford Borough Council has unveiled plans to offload £50 million worth of assets over the next three years. The council aims to sell £12.5 million of property assets by October 2025, followed by equal amounts by April of 2026, October of 2026, and April of 2027, respectively. Assets exempted from disposal include those under the […] Posted by: David Gilbank Read more
Crest Nicholson strikes £120m PRS deal with Oaktree Jan 19, 2022 Award-winning developer Crest Nicholson has announced its biggest Private Rental Sector (PRS) deal, worth £120m, with funds managed by leading global investment management firm, Oaktree Capital Management, L.P. (“Oaktree”) and CompassRock International (“CompassRock”). The transaction involves the sale of 403 units across three key developments in Southern England, offering high quality private rental units to […] Posted by: Mya Driver Read more
Dagenham Green given green light for 935 homes Nov 1, 2022 Peabody has been granted permission for the first phase of Dagenham Green, with plans to build 935 homes on the site of the old Ford stamping plant, subject to agreement from the Environment Agency. The first phase of the development will be in the south-west corner of the site in the borough of Barking and […] Posted by: Mya Driver Read more
Demolition of Devon Dairy Farm Opens Door for Development Feb 15, 2024 The demolition of the disused Torrington Dairy Crest in Devon, which has been derelict since 1993, is underway, signaling a clear path for future development. This site, once plagued by safety issues and anti-social behaviour, is now being cleared to make way for potential housing and retail opportunities. The demolition process, led by Waterside Construction […] Posted by: Mya Driver Read more
Deutsche Finance and Argo Real Estate acquire Reading logistics park Nov 18, 2024 Deutsche Finance International, a pan-European private equity real estate platform has expanded its UK urban logistics and industrial platform, a joint venture with operating partner and co-investor Argo Real Estate, with the acquisition of the Headley Park 10 estate in Reading. Headley Park 10 is a 24-unit multi-let asset, offering 117,000 sq ft of urban […] Posted by: Deividas Krupstas Read more
Developer Opportunity Knocks as Devon County Council Eyes £10m From Property Sales Oct 26, 2023 In a bid to adapt to post-pandemic work trends and channel funds into essential council services, Devon County Council, spearheaded by John Hart, is looking to sell off certain properties. This strategic move, targeting a revenue of up to £10 million, has highlighted key properties such as St Georges Youth Centre in Barnstaple, with services […] Posted by: Mya Driver Read more
Developer secures extra £10m funding for eco-friendly retirement village Nov 14, 2022 An eco-friendly village for over-55s, in Burnham-on-Crouch, Essex, is set to grow further following the developer’s securement of an additional £10m of funding for the project from Shawbrook. The new finance will support the expansion of the first part of Burnham Waters by an additional 19 bungalows, taking the total for this phase to 63 […] Posted by: Mya Driver Read more
Developer Zephyr X unveils BtR project in Milton Keynes Sep 25, 2024 Commercial and residential property developer Zephyr X has today announced it has submitted a planning application for a major redevelopment of a prime Milton Keynes site to create 376 high quality build-to-rent (BTR) apartments. The redevelopment of 500 Avebury Boulevard, formerly known as the Allianz offices, in the city centre will see it replaced with a […] Posted by: Deividas Krupstas Read more
Development Opportunity: Ekin Road Estate in Cambridge Sep 18, 2023 Cambridge City Council has identified the Ekin Road estate for potential redevelopment, presenting a unique opportunity for growth and rejuvenation in the area. The estate, which has been home to many residents for decades, was highlighted for redevelopment after a review of estates with older housing stock. Currently, three redevelopment options are on the table: […] Posted by: Mya Driver Read more
