Reserved matters application submitted for Risca later living scheme Jun 15, 2023 A ‘reserved matters’ application has been submitted by Caerphilly County Borough Council for an innovative new later living scheme on the site of the former Ty Darran care home, Risca. Outline planning has already been granted for the development and work begun to prepare the site. When completed, the new development will be used to […] 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
Rolls Royce shortlists six sites for nuclear reactor factory Jul 5, 2022 Rolls-Royce has moved forward in their bid to develop new Small Modular Reactors (SMRs) across the UK by highlighting six locations where they may look to develop a new factory which builds nuclear reactors. The UK Government is looking to build 16 SMRs in the next 25 years – as the Government looks to enhance […] Posted by: Mya Driver Read more
Seventy Ninth Group Commit to £250 Million Leisure Property Development Jan 6, 2025 Asset Management company, the Seventy Ninth Group, announce its most significant development to date – pledging hundreds of millions of pounds to develop the Holy Island site, in the proximity of one of Wales and the UK’s most prestigious Areas of Outstanding Natural Beauty. The Seventy Ninth Group has purchased the Penrhos site on Holy […] Posted by: Deividas Krupstas Read more
Shawbrook provides Urban Centric £24m loan for first co-living scheme in Wales Nov 6, 2024 Shawbrook has provided Urban Centric with a £23.8m loan which will support the development of what is set to be Wales’ first co-living scheme. Located in Cardiff, this landmark project will transform a 60,000 square foot office building at Knox Court into a modern co-living space featuring 203 units. Each unit will achieve an EPC […] Posted by: Deividas Krupstas Read more
Singapore’s Elite Partners Capital acquires distribution centre in Wales Jul 11, 2022 Elite Partners Capital has acquired a distribution facility in northern Wales for more than £30 million ($36 million), as the Singapore-based fund manager continues to amass a portfolio of industrial and commercial assets across Europe. The two-warehouse distribution centre is within Wrexham Industrial Estate, a 550 hectare (1,359 acre) government-owned campus near the Welsh border […] Posted by: Mya Driver Read more
Stena buys Anglesey Aluminium site for Holyhead expansion Sep 22, 2022 Swedish port and ferry operator Stena Line has today announced it has finalised a deal to purchase a major investment site close to its Holyhead Port, in Anglesey, North Wales. The Company has secured the winning bid for the 213-acre Eco Parks’ former Anglesey Aluminium site in Holyhead, which is a key strategic commercial and […] Posted by: Mya Driver Read more
Stena Line Initiates Redevelopment of Former Anglesey Aluminium Site Oct 10, 2023 Swedish maritime giant Stena Line has embarked on the initial phase of transforming the defunct Anglesey Aluminium facility into a thriving business precinct, now dubbed Prosperity Parc. The company has formally submitted a demolition notice to dismantle the existing derelict structures on the site, marking the inception of its redevelopment plans. The erstwhile Anglesey Aluminium […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires two further grocery stores Jan 5, 2022 UKREiiF attendee Supermarket Income REIT, the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of two supermarkets, a Sainsbury’s in Washington, Tyne and Wear, and an Asda in Cwmbran, South Wales, for a total purchase price of £55.1 million (excluding acquisition costs), reflecting a combined […] Posted by: Mya Driver Read more
Thackeray Group acquires Cardiff building – with £100m transformation planned Jan 17, 2022 The landmark Howells building in Cardiff city centre has a new owner who plans to transform it into a £100m new mixed-use destination. The new owners, the Thackeray Group, aim to turn the building into an aparthotel, build-to-rent apartments, restaurants, shops, leisure offerings and office space. The real estate investment, development and asset management firm, […] 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
Welsh Government submits plans for £150m Global Centre of Rail Excellence Apr 15, 2021 The Welsh Government has submitted plans to build a £150m rail testing complex at the site of a former open-cast coal mine in Powys. The Global Centre of Rail Excellence, which is due to be completed in 2025, will allow for rolling stock and trains to be trialled on a 6.9km circular track which can […] Posted by: Mark Flanagan Read more
