GRE Finance lends £10m for office redevelopment and value-add hotel projects May 17, 2024 GRE Finance, a specialist lender to the UK Real Estate market, has completed two loans, worth c. £10 million, secured against a £50m GDV planning reposition deal and an operational country house hotel, as the firm continues to expand its loan book amid significant opportunities for lending against value-add real estate assets. GRE Finance has […] Posted by: David Gilbank Read more
Green Light for 58-Acre Former Vauxhall Site Redevelopment in Chalton Oct 20, 2023 The former Vauxhall Aftersales site in Chalton, covering a vast 58 acres, has been approved for redevelopment, with the potential to create up to 1,500 new jobs. Goodman Logistics Developments (UK) Limited, the developer behind the project, has successfully secured permission to amend six of the initial planning conditions. Previously, the site off Luton Road […] Posted by: Mya Driver Read more
Green light for Gen Two’s 125,000 sq ft Cambridge life sciences hub Nov 9, 2023 Gen Two, the family-run life sciences developer and investor, has received a resolution to grant planning permission for the development of a new 125,000 sq ft next generation life sciences hub in Cambridge. Following a unanimous consent decision by South Cambridge District Council today, Gen Two is aiming to commence construction at ‘Alchemy’ – a […] Posted by: Mya Driver Read more
Green light for Oxford North’s Red Hall expansion to provide greater amenity, meeting, co-working and workspace Mar 24, 2023 Plans to enhance and expand the Red Hall, which will be built at the heart of Oxford North, the new innovation district, which were submitted by Oxford North Ventures, the joint venture company of Thomas White Oxford, the development company of St John’s College, Cadillac Fairview and Stanhope, have been resolved to be approved by Oxford City Council at their planning committee […] Posted by: Mya Driver Read more
Greystar acquires PBSA asset in Southampton Mar 26, 2024 Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality real estate, including rental housing, logistics, and life sciences, has agreed to acquire Capital House from Kier Property Developments Limited and Investec in an off-market opportunity, as part of its ongoing PBSA growth strategy in Europe. Capital House […] Posted by: Mya Driver Read more
Greystar secures 391-home BTR forward funding in Staines-Upon-Thames, Surrey from Dandara Living Oct 5, 2023 Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing, has forward funded a 391-home development in Surrey from Dandara Living, a leading BTR developer, marking the latest transaction in its strong UK growth strategy. The attractive site, Renshaw’s Yard, is located adjacent to the Staines-Upon-Thames […] Posted by: Mya Driver Read more
Ground Investigations Begin at Redbridge Paddock for Future Development Oct 6, 2023 OX Place is set to start ground investigations at Redbridge Paddock as part of Oxford City Council’s redevelopment plans. The site, previously used as a landfill in the 1960s and 1970s, is identified in the Local Plan 2036 for the construction of over 200 homes. The ground investigations will involve using machinery to take soil […] Posted by: Mya Driver Read more
Hammerson acquires remaining 50% stake in retail destination for £135m Nov 7, 2024 Hammerson today announces the completion of the acquisition of the remaining 50% stake in Westquay for £135m. This gives the Company a 100% interest in a leading retail and leisure destination situated in the heart of the South Coast, which is A rated by Green Street. The consideration will be funded by the proceeds received […] Posted by: Deividas Krupstas Read more
Hampshire and Essex Pension Funds Inject £1.3 Billion into New Property Fund May 8, 2024 Hampshire and Essex pension funds have collectively invested £1.3 billion in a fresh property fund under the ACCESS investment pool, which serves 11 Local Government Pension Scheme funds. Managed by CBRE Investment Management, this new fund complements their existing UK core and global real estate mandates. The two pension funds, holding assets of £9 billion […] Posted by: David Gilbank Read more
Hartlepool Development Corporation Board agree vision for future of town May 23, 2023 The Hartlepool Development Corporation Board has unanimously agreed the masterplan to supercharge regeneration in the town at its second meeting. The plan is focused on accelerating Hartlepool by maximising the potential of its maritime past, manufacturing present and creative future. Its overall vision is: “Imaginative, Creative & Ambitious – A 21st-century maritime town; a thriving […] Posted by: Mya Driver Read more
Harwell secures £300m new funding Jun 14, 2023 Harwell Science and Innovation Campus has secured £300m of financing to help it expand and build out new laboratory, advanced manufacturing, and office space. Over the next two years Harwell will use the additional funding secured to build 440,000 sq. ft of new Laboratory and R&D buildings across the campus. The finance facility was secured […] Posted by: Mya Driver Read more
Havering Council Eyes Compulsory Purchase to Drive £451m Romford Regeneration Feb 16, 2024 Havering Council has set its sights on a comprehensive £451 million regeneration project in Romford town centre, planning to utilise compulsory purchase orders as a means to progress. The ambitious initiative, set to transform Bridge Close, encompasses proposals for the development of 1,070 homes, a new school, a health centre, and several commercial units. Despite […] Posted by: Mya Driver Read more
