Cardiff’s Iconic Howells Building Undergoes £100m Transformation Aug 25, 2023 Developer Thackeray has unveiled a series of images showcasing the anticipated look of the £100m redevelopment of Cardiff’s renowned Howells building. The retail component of this revamped structure will be christened Hayes @ Howells, boasting 15,000 sq ft of space tailored for upscale tenants. Notably, House of Fraser was the sole occupant of this building […] Posted by: Mya Driver Read more
Realty Seals £200.8m Agreement for 11 UK Retail Parks Sep 18, 2023 In a significant move in the UK’s real estate sector, the American real estate conglomerate, Realty, has announced an agreement to acquire 11 retail parks from Ediston Property Investment Company for a sum of £200.8 million. The deal, which involves Ediston’s entire property estate, is with RI UK 1 Limited, a subsidiary of Realty. The […] Posted by: Mya Driver Read more
£14M Swansea Sea Defence Plan gets go-ahead Sep 22, 2022 The £14M plans to defend the community of Mumbles from flooding and rising sea levels will now move towards construction, a phased approach from late this year to around summer 2024. The 1.2km project – from Knab Rock slipway to Oystermouth Square – underwent a number of rounds of public consultation and secured planning approval […] Posted by: Mya Driver Read more
£15m ‘boost’ will increase the number of Welsh electric vehicle charging points Jun 9, 2023 The funding, confirmed today by Deputy Climate Change Minister Lee Waters, will be used to help local authorities increase the number of charging facilities ahead of fossil fuel vehicles being phased out in 2030. The new funding follows the £26m already invested in charging infrastructure across Wales since 2021 which has created more than 1,600 […] Posted by: Mya Driver Read more
£5.5 billion of investment is expected to be generated by the Celtic Freeport Dec 19, 2022 Roger Maggs MBE, Chair of the Celtic Freeport bid consortium, visited the Port of Milford Haven in Pembrokeshire recently to see first-hand how a freeport would transform the Welsh economy by securing the benefits of the floating offshore wind (FLOW), hydrogen and sustainable fuels industries, for the people of Wales. He was hosted by Rt […] Posted by: Mya Driver Read more
£7bn Tidal Lagoon project in Wales takes step forward Feb 28, 2022 A major new renewables energy generation project off the Welsh coast has the support of Denbighshire Councillors. Off the coast of Conwy and Denbighshire the scheme would involve a 19-mile barrage with underwater turbines changing able to change the tide. The scheme has been touted by a private sector company, who remain unnamed, but the […] Posted by: Mya Driver Read more
26,400 new homes in Cardiff by 2036 Jun 13, 2023 More than 32,000 jobs and 26,400 new homes could be delivered in Cardiff by 2036 if Cardiff Council agrees its ‘Preferred Strategy’ for the Replacement Local Development Plan (RDLP). The Council’s Cabinet will take a report on the RDLP at its meeting on Thursday, June 22. In it, Cabinet is recommended to consult on a […] Posted by: Mya Driver Read more
A Glimpse into Swansea’s Resurgence: A Comprehensive Journey with Rob Stewart Dec 20, 2023 By Rob Stewart, Leader, Swansea Council As the leader of Swansea Council and chair of the Swansea Bay City Region, I’ve been asked to undertake a fascinating yet challenging task: to distil the essence and potential of Swansea into a comprehensive narrative. With so much to share and explore, this article is a journey through […] Posted by: Mya Driver Read more
Affordable Homes Unlocked in Wales Through £105m NatWest Refinancing Deal Aug 3, 2023 Tai Calon Community Housing has secured a long-term debt refinancing deal with NatWest that will enable them to bring forward a number of new homes in Blaenau Gwent, Wales. The deal will give the housing firm access to a level of funding flexibility typically associated with developing housing association – until not they’ve only ventured […] Posted by: Mya Driver Read more
Agreement to progress development of new small scale nuclear reactor in Wales Oct 17, 2022 The Nuclear Decommissioning Authority (NDA) has today announced the signing of a Memorandum of Understanding (MoU) with Cwmni Egino to support their development of a new small scale nuclear project in North Wales. The MoU enables the NDA to share information and expertise around the characteristics of its land at Trawsfynydd, to align the decommissioning […] Posted by: Mya Driver Read more
Aprirose sells 235,000sq ft retail and leisure scheme to David Samuel Properties Jun 21, 2022 Aprirose, the real estate investment company, has sold Marine Point, a prime multi-let leisure scheme located in New Brighton, an affluent seaside resort on the tip of the Wirral Peninsula located in the north west of England located between Liverpool and North Wales. The 234,615 sq ft development, which is anchored by a Morrisons supermarket, has been sold […] Posted by: Mya Driver Read more
Aviva Investors provides financing towards construction of first school under Welsh 21st century schools programme Nov 25, 2022 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has completed an investment which will see it provide all senior debt financing towards the construction of the first school as part of the Welsh 21st Century Schools and Colleges Programme. The investment has been made by Aviva Investors on behalf of […] Posted by: Mya Driver Read more
