Built Environment Networking Blog: South West News

Torbay Council latest name to sign up for UKREiiF 2023

Torbay Council have announced their partnership with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Unitary local authority, Torbay Council have confirmed their exhibition space at the event next year, where they will showcase their place to over 6,000 delegates, including, investors, developers, […]

Posted by: Mya Driver

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Torquay Town Board Confirms Success of Torbay’s Regeneration Partnership

Torbay’s efforts to revitalise its townscape are gaining momentum, with Torquay’s Town Board praising the positive outcomes from recent partnerships aimed at enhancing the area. Torbay Council, alongside Willmott Dixon and Milligan, known collectively as WDM, are steering redevelopment projects with an eye on long-term benefits for the locale. Since November 2023, when the collaboration […]

Posted by: Mya Driver

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TRIG Expands Green Portfolio with Acquisition of Battery Storage Firm Fig Power

The Renewables Infrastructure Group (TRIG), known for its investments in green energy, has announced the acquisition of Bristol-based battery storage developer Fig Power. This move adds a significant 1.7GW development pipeline to TRIG’s portfolio, which includes 400MW of projects with grid connection offers and an additional 1.3GW on exclusive sites. The acquisition, involving 100% equity […]

Posted by: Mya Driver

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Truro’s Pydar Regeneration Scheme Receives £18.2 Million Boost

The Pydar Regeneration Scheme in Truro is set to proceed, with Cornwall Council committing an additional £14.804 million to its capital programme, including £10 million specifically for Pydar. This funding will enable the transformation of former council buildings into a vibrant new development featuring housing, student accommodation, and a hotel. The planned project at Pydar […]

Posted by: Mya Driver

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UKCM agrees £14.5 million sale of Bristol office building to Tri7

UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM) announces that it has sold its 67,000 sq ft office building in Temple Quay, Bristol, to Tri7, a value-add real estate investment and asset management firm. 2 Rivergate in Temple Quay, Bristol, has been sold for £14.5 million, which is in line with the […]

Posted by: Mya Driver

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United Trust Bank Backs £23 Million Luxury Apartment Project in Newquay

In a significant boost to Cornwall’s housing market, United Trust Bank (UTB) has announced its collaboration with the acclaimed development firm Stephens + Stephens to launch a £23 million luxury apartment complex in Newquay. Named Cliff Edge, this project is set to transform a former hotel site into a modern residential haven, featuring 32 high-end […]

Posted by: Mya Driver

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University secures landmark ESG loan for city campus plans from Barclays

University of Gloucestershire is one of the first universities in the UK to secure funding linked to its commitment to Environmental, Social and Governance (ESG) goals. The University has secured £29million in ESG linked loans from Barclays that will contribute to supporting its ambitious City Campus development and ESG goals: to recruit a higher proportion […]

Posted by: Leon Newton

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UTB supports £15 million PBSA scheme in a South West university city

United Trust Bank (UTB) was approached by an existing customer to support a 97-room purpose built student accommodation (PBSA) development in Exeter. United Trust Bank agreed to the proposal and is now supporting the construction of a new, £15m Purpose Built Student Accommodation (PBSA) development by ACE Student Living. The scheme in the centre of […]

Posted by: Mya Driver

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Weymouth Town Centre Set for £19.5 Million Regeneration Boost

Weymouth’s town centre is set to undergo a major transformation after securing £19.5 million in government funding aimed at revitalising the area. This financial injection is earmarked for critical projects designed to facilitate new housing and business ventures, marking a new chapter in the town’s development. The focus of the regeneration effort will be on […]

Posted by: Mya Driver

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Zara and Goldsmiths sign at Southgate, Bath

British Land and Aviva Investors have signed 37,000 sq ft of space to international retailers ZARA and Goldsmiths at SouthGate, Bath’s premium open-air shopping destination.  ZARA has agreed to take a 32,000 sq ft store, which will be the brand’s first outlet in the city. Located across two floors, the store will feature an extensive […]

Posted by: Mya Driver

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