South Gloucestershire Council Set to Approve Over 20,000 New Homes by 2040 Apr 18, 2024 The leader of South Gloucestershire Council has outlined a plan to address the housing shortage in the district by setting the stage for the construction of over 20,000 new homes by 2040. This ambitious plan includes developing more than 7,000 homes on previously undeveloped land. The emerging Local Plan details the allocation of these new […] Posted by: Mya Driver Read more
South West logistics park developer lines up leading parcel delivery firm Apr 21, 2021 Commercial property developer Stoford claims a leading parcel delivery company will be the next occupier to move to Exeter Logistics Park, if plans are approved for the latest stage of development at the industrial scheme in East Devon. Stoford has submitted two reserved matters planning applications to East Devon District Council, for two new building […] Posted by: Mark Flanagan Read more
Southampton City Council’s £20m Initiative: Four Housing Providers Join Affordable Housing Framework Sep 1, 2023 Southampton City Council has officially onboarded four housing providers to its Affordable Housing Framework. These providers, namely Abri Group, Hyde Group, Sovereign Housing Association, and Stonewater Ltd, will collaborate with the council to develop affordable homes on council-owned land throughout Southampton. The initiative, which began in April 2023, aims to address the city’s pressing need […] Posted by: Mya Driver Read more
Southampton Office Building in Millbank Street Awaits Demolition Approval Oct 3, 2023 A three-storey office building located at 16 Millbank Street, described as being in ‘disrepair’, is poised for demolition if plans are sanctioned. The property, situated in an industrial zone, has recently come under the ownership of Silmir Investments Ltd. The company has expressed intentions to dismantle the structure due to its deteriorating state. In a […] Posted by: Mya Driver Read more
St. Modwen Logistics backs the South West with c.450,000 sq ft speculative development Mar 16, 2023 St. Modwen Logistics, one of the UK’s leading logistics developers and managers and a Blackstone portfolio company, has announced that it will soon deliver c. 450,000 sq ft of warehouse space at St. Modwen Park Chippenham, including the company’s largest speculative development in the region, a 342,000 sq ft warehouse unit. The development, which is […] Posted by: Mya Driver Read more
St. Modwen Logistics invests £126m to build eight units across the South-West Oct 6, 2022 St. Modwen Logistics, one of the UK’s leading logistics developers and managers, will invest a further £126m to deliver highly sought-after warehouse and office space across the South-West. With the South-West recently identified as one of the fastest growing economic regions in the UK1, St. Modwen Logistics will meet customer demand by developing a total […] Posted by: Mya Driver Read more
Stoford and Church Commissioners JV to develop 500,000sq ft of industrial space Mar 1, 2022 Leading commercial property developer, Stoford has announced a new site wide agreement with the Church Commissioners for England that will unlock future phases of development at a job creating industrial scheme in East Devon. The agreement paves the way for the development of an additional c.500,000 sq ft of industrial/logistics accommodation at Exeter Logistics Park, […] 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
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
The PG Group secures £7.4m Paragon Bank finance for Bristol apartments scheme Jul 13, 2023 Paragon Bank’s Development Finance division has provided a £7.4m finance package to support the development of 34 apartments by The PG Group in Redcross Mews, Bristol. The Redcross Mews development consists of 34 one, two and three-bedroom flats, five of which will be shared ownership. Construction is set to complete in Summer 2024. The PG […] Posted by: Mya Driver Read more
Thriving Investments continues scaling flagship PRS strategy, with c. £20 million investment in two single family developments Nov 9, 2023 Picture Living has committed c. £20 million to forward fund two single family housing (“SFH”) schemes in the South of England, totalling 42 high quality family homes for rent. The investments maintain Picture Living’s momentum, bringing forward much needed, sustainable family homes across the UK, against a backdrop of slower housing delivery, higher mortgage rates […] Posted by: Mya Driver Read more
Torbay Council Announces £100 Million Deal Following Participation in UKREiiF Annual Event Oct 4, 2023 Alan Denby, Director of Pride in Place at Torbay Council, has announced a groundbreaking deal expected to be worth over £100 million. This monumental agreement comes as a direct result of Torbay Council’s participation in The ‘UK’s Real Estate Investment & Infrastructure Forum’ (UKREiiF) annual event held in Leeds. Denby expressed his enthusiasm, stating, “We’ve […] Posted by: Mya Driver Read more
