Geothermal drilling site and power plant approved Sep 16, 2022 A geothermal drilling site and power station have been granted planning permission. Cornwall Council’s strategic planning committee approved the development for a site near Truro. Geothermal Engineering Limited (GEL), which has already carried out testing and is set to generate power at a site in United Downs, had applied for permission to drill two geothermal wells and […] Posted by: Mya Driver Read more
Gloucestershire 42 home development set for planning approval Sep 16, 2022 Plans for a new housing development in Ashleworth are expected to go before Tewkesbury Borough Council’s planning committee next week. Outline planning permission for a 42 home development off Rectory Close in the village was approved earlier this year, and now developers are awaiting sign off for the site’s reserved matters application. As well as […] Posted by: Mya Driver Read more
Plans for Portsmouth block of flats approved by city council Sep 15, 2022 Portsmouth City Council has approved plans to build a five-storey block of flats in Southsea. The Saxon UK Development scheme was given planning permission by the council’s planning committee subject to final legal agreements being made. A statement submitted with the application said the development would provide ‘sensitively-designed new homes’ and ‘will help to create […] Posted by: Mya Driver Read more
140-home plan in Bristol recommended for approval Sep 15, 2022 Councillors making a decision on plans for 140 new homes in Lockleaze will be recommended to approve the controversial scheme. A decision on the homes to be built at an old depot off Dovercourt Road has been postponed due to The Queen’s death, but a report provided to the members of development control committee reveals […] Posted by: Mya Driver Read more
Terra submits hybrid planning application for 49-acres of Swindon new Eastern villages allocation Sep 13, 2022 Terra has submitted a hybrid planning application for a total of 248 new homes across a 49-acre area east of Swindon. The Outline application lodged with Swindon Borough Council is for 128 one-, two-, three-, and four-bedroom homes. The 248 homes will be specified to the highest EPC rating of A. The elevation design and architectural […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires four assets for £76.4m Aug 23, 2022 Supermarket Income REIT plc (LSE:SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK announces the acquisition of four supermarkets for a total purchase price of £76.4 million (excluding acquisition costs), reflecting a combined net initial yield of 5.1%. Acquired from different vendors, the purchases consist of two […] Posted by: Mya Driver Read more
Cornwall’s famous Jamaica Inn sold to The Coaching Inn Group for £8m Aug 4, 2022 Global property adviser Knight Frank has completed the sale of the internationally renowned Jamaica Inn, to The Coaching Inn Group, who purchased the property from Allen Jackson off a guide price of £8m. This iconic 18th Century 36-bedroom coaching inn is known throughout the world and immortalised in Daphne du Maurier’s best-selling novel Jamaica Inn, […] Posted by: Mya Driver Read more
NFU Mutual desposes industrial portfolio to Barings in £234m deal Jul 28, 2022 NFU Mutual has agreed to dispose of 8 logistics assets in a £234m deal with Barings. In total it covers 1,477,431 sq ft of space – with assets in the Midlands, South West, South East and North West. Fully let, the tenant base is diversified, with the likes of e-commerce, manufacturing and freight brands taking […] Posted by: Mya Driver Read more
Bristol shopping centre set for £550m regeneration Jul 4, 2022 Developer Deeley Freed will work with LaSalle Investment Management to transform The Galleries shopping centre in Bristol and create a mixed-use quarter through a £550m regen. The project to transform the 5-acre site will begin in 2024 and complete in 2027. Plans revealed for the city centre site include a mix of restaurants, shops, community […] Posted by: Mya Driver Read more
Exeter City Council unveils 15,000-home development vision Jun 14, 2022 Exeter City Council are planning a major residential development near the canal – on the site of a former industrial centre. The large-scale regeneration will see around 15,000 homes being developed on sites acquired over the past few years. The site will create a community as part of the council’s Liveable Exeter vision. Richard Clarke, […] Posted by: Mya Driver Read more
