£1bn investment secured in North Wales Sep 26, 2024 A major investment of over £1 billion in the redevelopment of Shotton Mill in Deeside, North Wales, will safeguard 147 jobs and create a further 220 when fully commissioned, the UK and Welsh governments have confirmed today. Cabinet ministers from both the UK and Welsh government will visit the historic industrial centre of Wales to […] Posted by: Deividas Krupstas Read more
Western Gateway returns to the UK’s largest investment conference in 2025 Sep 4, 2024 The Western Gateway partnership has announced that it will be returning to the UK’s Real Estate, Infrastructure and Investment Forum (UKREiiF) in 2025 with its own dedicated pavilion to showcase the best of what the area has to offer. Bringing together local authorities and businesses from across South Wales and Western England, the Western Gateway […] Posted by: Mya Driver Read more
Wrexham University Seeks Partner for Student Accommodation Development Aug 27, 2024 Wrexham University is inviting bids for a partnership to develop a 322-bed student accommodation facility at its Plas Coch campus. Interested parties have until 18 October to submit their proposals. The project, estimated at £500,000, involves initial design and planning stages. A subsequent procurement process will cover detailed design, construction, and financing. Successful bidders may […] Posted by: Mya Driver Read more
Denbighshire Council Advances Multi-Million-Pound Development Plans for Rhyl and Ruthin Aug 1, 2024 Denbighshire County Council is moving forward with plans for extensive development in Rhyl and Ruthin, supported by substantial funding from the UK Government. The projects, aimed at revitalising key areas in both towns, include a variety of infrastructure and public space enhancements. In Ruthin, improvements are planned for St Peter’s Square, Market Street, and Cae […] Posted by: Mya Driver Read more
Cardiff Set for Wales’ Tallest Building with New 35-Storey Tower Jul 11, 2024 Plans for the tallest building in Wales have been unveiled for a prime site in Cardiff. Bluecastle Capital has acquired the final plot at Central Square from Rightacres Property to develop a 35-storey build-to-rent apartment block. The development, which has planning consent, will feature 364 apartments, a commercial pavilion, and additional residential amenity space. At […] Posted by: Mya Driver Read more
VTTI Acquires 50% Stake in Dragon LNG Terminal in Wales May 10, 2024 VTTI, a Dutch energy infrastructure firm, has finalised a deal to acquire a 50% ownership in Dragon LNG Group (Dragon LNG) from Ancala, an infrastructure asset manager. The financial details of the transaction have not been disclosed. This acquisition positions VTTI as a co-owner of a crucial LNG import terminal in the UK, which fulfils […] Posted by: David Gilbank Read more
Focus Estate Fund Makes UK Debut with Acquisition of Wrexham’s Island Green Retail Park Feb 29, 2024 Focus Estate Fund has recently secured the Island Green Retail Park in Wrexham. This acquisition signifies the fund’s first foray into the United Kingdom, a move that showcases its ambition to broaden its footprint in the global commercial real estate sector. The retail park, boasting a Gross Internal Floor Area of 103,305 square feet, hosts […] Posted by: Mya Driver Read more
Greater Gwent Pension Fund builds on levelling up investments Jan 24, 2024 The Greater Gwent Pension Fund has unveiled a comprehensive three-year strategy aimed at enhancing its investment approach in the UK. The strategic plan entails a deliberate effort to “level up” by directing approximately 6% of its portfolio towards infrastructure and real estate investments during this period. The £4 billion pension fund has indicated that its […] Posted by: Mya Driver Read more
Robert Hitchins Set to Expand Bridgend Industrial Estate with £20m Investment Jan 12, 2024 Robert Hitchins, a prominent developer, has declared a £20 million investment in Bridgend Industrial Estate, South Wales, marking a substantial expansion of the Central Park development. This initiative involves the construction of two new commercial property units, both pre-let to major national brands. The project will deliver over 100,000 sq ft of Grade A commercial […] Posted by: Mya Driver Read more
Wrexham Council Approves Over 500 New Homes in Stansty and Rhosrobin Developments Jan 9, 2024 Wrexham County Council has approved two major residential projects proposed by Russell Homes and SG Estates. The plans, which were discussed in a lengthy planning committee meeting, will see the creation of 547 new homes in the Stansty and Rhosrobin areas. Russell Homes’ outline application, which includes plans to build up to 455 homes on […] Posted by: Mya Driver Read more
