Built Environment Networking Blog: South West News

Gloucester City Homes strikes £130m funding deal

A £130m finance package has been agreed by GCH with Natwest, which includes £30m in new funding. The deal significantly extends the level of commitment from NatWest, in terms of both loan maturity and funding amount, extending £100m in existing loans for 10 years. The additional £30m commitment will allow GCH to continue delivering important […]

Posted by: Mya Driver

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Gloucestershire 42 home development set for planning approval

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

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Godwin Expands Bristol Presence With the Acquisition of Next Residential Site

National property business announces that it has recently secured its second site in Bristol through the acquisition of Places for People’s consented Dove Lane scheme. The gateway development situated in central Bristol has detailed planning for 358 homes, including 72 affordable properties, spread across buildings of various heights, as well as public open spaces, landscaping, and […]

Posted by: David Gilbank

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Green light for Bicester Motion’s new £50 million Innovation Quarter to boost future pioneering mobility discovery

Detailed designs for seven new, prestigious HQ buildings which total 212,030 sq ft (19,698 sq m) and will be built at Bicester Motion’s new Innovation Quarter have been given the green light by Cherwell District Council. Bicester Motion is a 444-acre former RAF site acquired in 2013 in the heart of Motorsport Valley in Oxfordshire […]

Posted by: Mya Driver

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Green light for Bicester’s Axis J9 five-unit extension to meet urgent need for employment space and create more jobs

Albion Land, the privately-owned commercial property developer and asset manager, has been given the green light to deliver an additional five logistics and industrial buildings of circa 152,000 sq ft (14,121 sq m) at Axis J9 in Bicester, Oxfordshire. Axis J9 is the new distribution and manufacturing park which commenced construction in 2019 and has […]

Posted by: Mya Driver

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HC-One Expands Portfolio with Acquisition of 36 Ideal Carehomes

HC-One has officially announced its acquisition of 36 Ideal Carehomes from Warwick Capital Partners and LNT Group. This strategic takeover not only expands HC-One’s presence in England but also promises the opening of an additional care home in Cheltenham come September 2024. HC-One, in its official statement, lauded Ideal Carehomes for its unwavering commitment to […]

Posted by: Mya Driver

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Henry Boot agrees sale of 759 plots in Swindon to Vistry

Henry Boot PLC announces that its land promotion and planning business, Hallam Land Management (‘HLM’), has unconditionally exchanged contracts for the sale of 759 residential plots in Swindon to Vistry Group PLC (‘Vistry’), the national housebuilder. Located in South Marston, Swindon, HLM secured an option to purchase the site over 20 years ago, and since […]

Posted by: Mya Driver

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High Court confirms go-ahead for Bristol Airport’s expanded capacity

The High Court has today dismissed the legal challenge brought against the Planning Inspectorate’s permission for Bristol Airport’s expanded capacity. The Planning Inspectorate decided in February 2022 to allow Bristol Airport to increase its cap on passengers from 10 million passengers each year to 12 million. The Airport’s plans include major investment in the terminal […]

Posted by: Mya Driver

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Hines acquires 260-bed PBSA development in Bristol

Hines, the global real estate investor, developer and property manager has acquired a new 260 bed PBSA (‘Purpose Built Student Accommodation’) development at Gas Lane in Bristol on behalf of the Hines European Property Partners Fund (HEPP). The agreed sale will represent the first transaction between Hines and Watkin Jones, a leading UK developer and […]

Posted by: Mya Driver

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Iconic Bristol Office Building, Formerly Owned by Lloyds Bank, Changes Hands

The former Bristol office of Lloyds Bank, a notable landmark, has been purchased with a £40m renovation plan in the pipeline to transform the Grade II-listed building into a contemporary workspace. The buyers, London-based real estate company Longstock Capital and investment firm Mactaggart Family and Partners, acquired Canons House for an undisclosed amount. The acquisition […]

Posted by: Mya Driver

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