Zorin Finance completes £25m PBSA funding in Bath Oct 14, 2022 Aternative property lending group Zorin Finance has completed two Purpose Built Student Accommodation (PBSA) transactions with Rengen Developments and Longacre Developments. The £25 million loan will be split into a development and an investment term loan secured against two mixed-use sites in central Bath. The Scala, Oldfield Park, Bath The £13 million facility will support the […] Posted by: Mya Driver Read more
Swindon hospital’s expansion plans move forward thanks to land acquisition Apr 7, 2021 Great Western Hospital’s expansion plan took a giant leap forward this week when the Swindon-based NHS Trust confirmed it has completed the purchase of 5.5 hectares of land from two housebuilders. A deal with Persimmon Homes and Redrow Thames Valley has been done for the land which is adjacent to the hospital. The money for […] Posted by: Mark Flanagan Read more
Panattoni promises £700m investment after buying Honda’s Swindon factory Mar 26, 2021 Honda today announced it has sold its iconic Swindon factory to Panattoni, Europe’s largest developer of new build industrial and logistics facilities. The Japanese car manufacturer purchased the site in Wiltshire in 1985 and two years ago announced it was ceasing production there in July, at the end of the current model cycle of the […] Posted by: Mark Flanagan Read more
HS2 hoping to utilise Hinkley workforce Mar 25, 2021 Businesses in Somerset are being encouraged to bid for upcoming HS2 contracts worth millions of pounds. Two days ago HS2 made a similar appeal for Scottish firms to come forward with both regions under represented on the contractors’ roll. And Robin Lapish, HS2 Ltd’s Supply Chain Manager, is hopeful the considerable expertise, contained withing the […] Posted by: Mark Flanagan Read more
Swindon’s cultural quarter set for £80m renaissance Mar 19, 2021 Swindon Borough Council has released plans for a £80m reboot of its cultural quarter, including an ambitious proposal for a new 1,200-capacity theatre. Earlier this month the council was given £19.5m via the government’s Towns Fund and it also hopes to receive £20m from the Levelling Up fund to facilitate the redevelopment, which includes a […] Posted by: Mark Flanagan Read more
Tellon Capital hopes Southampton redevelopment will be worth the wait Mar 18, 2021 A revised major redevelopment, on historically sensitive land near the centre of Southampton, was finally okayed by planners last night. Tellon Capital’s Barfield Quarter scheme involved the demolition of a shopping centre five years ago and an archaeological dig around the city’s Old Town Walls which will be completed this year. Tellon’s initial idea to […] Posted by: Mark Flanagan Read more
New residential version of Southern Construction Framework unveiled Mar 10, 2021 The two councils behind one of the most successful public sector frameworks in recent times have launched their first bespoke residential version. Hampshire and Devon County Councils created the four-year, £3.9bn Southern Construction Framework in 2007. It encompasses councils in nearly 20 counties. This week the four-year £1.1bn Residential Delivery and Development Framework was unveiled […] Posted by: Mark Flanagan Read more
Big investment wins for North East as Chancellor emphasises determination to level up economy Mar 3, 2021 The North East was a big winner in today’s budget which stuck to the ‘levelling up the country’ theme that has become a mantra of Chancellor Rishi Sunak. Teesside was named as one of eight new Freeports while Darlington won the battle to be the location of the new Treasury department, which will mean hundreds […] Posted by: Mark Flanagan Read more
Gloucester city centre redevelopment planners begin search for construction partners Mar 1, 2021 Construction partners are being sort for a £80m multi-use redevelopment that will transform the look of Gloucester’s city centre. Last month Gloucester City Council signed off on the scheme, which will see the demolition of a range of buildings in the Kings Quarter to be replaced with The Forum, an innovation hub that incorporates a […] Posted by: Mark Flanagan Read more
