Go-ahead for 74,000 sq ft Development at Deeside Industrial Estate Sep 29, 2023 FI Real Estate Management (FIREM) has been granted planning permission to construct a new 74,000 sq ft industrial space at the Deeside Industrial Estate. This approval expands FIREM’s property holdings in North Wales to an impressive three million sq ft. Nationwide, FIREM is set to develop 6.5 million sq ft of new industrial areas. The […] Posted by: Mya Driver Read more
Goldmoney Inc. Expands UK Footprint with Acquisition of Iconic Cardiff Property Oct 6, 2023 Goldmoney Inc., a leading player in the precious metals market, has announced the acquisition of a significant property in Cardiff, Wales. This move comes as a part of the company’s real assets investment strategy. The newly acquired property is the Wales Millennium Centre Phase II, also known as BBC Hoddinott Hall and Offices. This iconic […] 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
Green light for flagship housing developments Oct 19, 2023 Caerphilly County Borough Council’s Cabinet has unanimously approved final plans for two flagship housing developments in Oakdale and Risca. The developments will see disused sites at the former Oakdale Comprehensive School and Ty Darran care home, Risca transformed as part of the Council’s ambitious house building programme. Cabinet members endorsed proposals for the Council’s Caerphilly […] Posted by: Mya Driver Read more
Green light for Tŷ Glas demolition: Plans in place to minimise disruption Jun 7, 2023 Work has commenced on the demolition of the former HMRC office building at Tŷ Glas in Llanishen. Following the securing of prior planning permission with conditions for demolition in August last year, these conditions have now been discharged and full structural demolition has started. The Council acquired the Tŷ Glas site in October 2021 to […] Posted by: Mya Driver Read more
JR Capital and Chancerygate’s £100m multi-let industrial property fund makes final 5 acquisitions Jan 5, 2022 JR Capital and Chancerygate’s £100m multi-let industrial property investment fund has acquired five assets for a combined value of more than £16m. The deals mark the conclusion of the fund’s acquisitions boosting its portfolio of industrial space to 24 assets comprising 150 units totalling 1,050,000 sq ft on sites ranging from Dundee to Exeter. The […] Posted by: Mya Driver Read more
Levelling Up projects in Wales awarded £208 million by UK Government Jan 23, 2023 A total of 11 projects receive grants from round two of flagship Levelling Up Fund. Cardiff Crossrail, a new engineering campus in Blaenau Gwent, and new cycle routes through Conwy Valley are just some of the transformational local projects across Wales awarded a share of £2.1 billion from the UK Government’s landmark Levelling Up Fund. […] Posted by: Mya Driver Read more
M Core expands its Welsh portfolio following the acquisition of Beacons Place in Merthyr Tydfil Sep 26, 2023 National commercial property and investment company Sheet Anchor, part of M Core, has acquired a busy town centre parade in Merthyr Tydfil, South Wales, as its programme of investment continues at pace. It has acquired Beacons Place for an undisclosed sum and represents the latest acquisition in M Core’s investment drive of more than £150 […] Posted by: Mya Driver Read more
New appointments to guide the next phase of delivery led by Wales’ publicly owned renewable energy developer Jul 20, 2023 The Welsh Government has appointed industry experts to its Renewable Energy Developer (RED) Programme, responsible for delivering environmental assessments for several significant renewable energy projects across Wales. The RED Programme will develop wind projects on publicly owned land, supporting the Welsh Government’s commitment to renewable generation delivering tangible benefits to Wales, leading the way in […] Posted by: Mya Driver Read more
New heritage project worth £9.4m a year to Swansea Feb 27, 2023 A major new project that will improve parts of Hafod-Morfa Copperworks, The Strand and Swansea Museum will be worth an estimated £9.4m a year to the city’s economy. Led by Swansea Council, the Lower Swansea Valley improvement project is also expected to create 69 new jobs while helping support more than 100 existing jobs. Aimed […] Posted by: Mya Driver Read more
New Lower Swansea Valley project gets £20m funding boost Jan 20, 2023 A major new project that will preserve Swansea’s industrial heritage, breathe more life into the River Tawe corridor and create jobs and investment has been given a £20m funding boost. The UK Government has approved a levelling-up bid from Swansea Council for the project, which is aimed at further regenerating the Lower Swansea Valley. The […] Posted by: Mya Driver Read more
Newport Unveils Plan for 3,650 New Homes in Response to Rising Demand Sep 12, 2023 Newport, a burgeoning city in South Wales, is on the brink of a significant housing transformation. The city’s eastern precincts are poised to welcome three major housing projects, potentially adding around 3,650 homes to Newport’s urban tapestry. The city council’s revised housing targets necessitate the identification and allocation of land for nearly 5,000 homes within […] Posted by: Mya Driver Read more
