Built Environment Networking Blog: South West News

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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Watkin Jones practically completes on 335-bed PBSA scheme in Bath

Watkin Jones, the UK’s leading developer and manager of residential for rent, is pleased to announce that the Group recently practically completed on a 335-bed purpose-built student accommodation (‘PBSA’) scheme called The Brook, situated in Lower Bristol Road in Bath. This milestone marks the completion of the final development in a portfolio of three PBSA […]

Posted by: Deividas Krupstas

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Watkin Jones signs Development Partnership to deliver c.200 units PBSA scheme in Bristol

Watkin Jones has signed a development partnership to deliver c.200 purpose-built student accommodation units (PBSA) located on Freestone Road, Bristol. The scheme will transform a disused railway embankment into a vibrant new community, delivering high-quality student beds and contributing to the wider regeneration of the Bristol Temple Quarter Enterprise Zone. The transaction is expected to […]

Posted by: Mya Driver

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Wavensmere Homes Receives Green Light for £55m Cheltenham Town Centre Redevelopment

Wavensmere Homes and BBS Capital have received unanimous approval from Cheltenham Borough Council’s planning committee for the redevelopment of the North Place surface car park, located within Cheltenham’s Central Conservation Area. Arkle Court will comprise 147 houses and apartments, designed to sensitively enhance the street scene, including Grade II* listed St Margaret’s Terrace. The £55m […]

Posted by: Mya Driver

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