Select Property secures £44.5m development finance from Close Brothers Jan 5, 2024 Select Property, a leading developer, operator and investment specialist, has secured a £44.5 million development finance facility from Close Brothers to bring forward its first Affinity Living build-to-rent development in Birmingham. The leading UK merchant banking group has provided the facility to support Select Property as it ramps up development of its new 266-unit property, Affinity Living Lancaster Wharf. Due to […] Posted by: Mya Driver Read more
Seven premium build-to-rent schemes to be built by new Apache Capital and Harrison Street Real Estate Capital joint venture Mar 31, 2023 Apache Capital has formed a joint venture with Harrison Street Real Estate Capital that, with additional investment from National Farmers Union Mutual Insurance Society Limited and Apache Capital, intends to fund the development of up to seven premium build-to-rent schemes across England and Scotland. The New Platform has successfully closed and recently began construction on […] Posted by: Mya Driver Read more
Shearer Property and Hill Group to lead £450m regeneration in Coventry Jul 27, 2022 Shearer Property Group has selected The Hill Group as its development/funding partner for City Centre South (‘CCS’). The £450m landmark, mixed-use regeneration scheme will truly transform Coventry City Centre. Hill has committed significant investment into Shearer Property Regen Ltd (‘SPR’), the development entity delivering this exciting major regeneration project in Coventry. Outline planning permission was granted for CCS in January 2022 and SPR will now work with the Council to submit a series of detailed planning applications and aim to start […] Posted by: Mya Driver Read more
Shrewsbury Embarks on Transformative Redevelopment with Riverside Centre Closure Feb 5, 2024 The Riverside Shopping Centre, once a bustling hub in Shrewsbury, is set for a transformative redevelopment as plans to close and demolish the structure are underway. Shropshire Council has revealed an ambitious vision for the site, marking a significant leap towards revitalising the town centre with a modern, community-focused approach. Secured by the council for […] Posted by: Mya Driver Read more
Shropshire Council’s Vision for 1000 homes Tasley Garden Village Jul 26, 2023 In an effort to meet the growing demand for housing and support sustainable development, Shropshire Council has unveiled its plans for the Tasley Garden Village, a visionary project that aims to create a thriving community near Bridgnorth. The proposed development seeks to accommodate more than 1,000 new homes on agricultural land, partly designed to address […] Posted by: Mya Driver Read more
Silbury Finance provides retirement living specialist Audley Group with £59 million investment loan Oct 4, 2022 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided Audley Group (“Audley”), the UK retirement village provider, with a £59 million investment facility, secured against four retirement villages located across Greater London and the Midlands. The two-year, 75% LTV facility refinances an existing loan and will support Audley as it progresses with the […] Posted by: Mya Driver Read more
Smithfield Riverside Regeneration: Shropshire Council Invites Public Input Oct 20, 2023 Shropshire Council has recently unveiled plans for the Smithfield Riverside regeneration project and is actively seeking feedback from the community. This initiative is part of the council’s broader vision to revitalise the area and enhance its appeal for both residents and visitors. The Smithfield Riverside area, historically significant and centrally located, has been identified as […] Posted by: Mya Driver Read more
South Staffordshire Council Plans for 4,086 New Homes in Strategic Local Plan Apr 15, 2024 South Staffordshire Council has outlined a strategic Local Plan targeting the development of 4,086 new homes, concentrating on areas with excellent access to services and transportation. The initiative prioritises “tier one” settlements, which are identified as having the greatest access to facilities and are within walking distance of a train station. The council’s approach follows […] Posted by: Mya Driver Read more
Speakers unveiled for West Midlands UKREiiF programme May 16, 2024 The trio will join a diverse delegation of real estate experts and local authority leaders on the West Midlands pavilion at the UK’s Real Estate and Infrastructure Investment Forum (UKREiiF). Led by West Midlands Mayor Richard Parker, the West Midlands will exhibit collectively at UKREiiF for the first time, the West Midlands will exhibit collectively […] Posted by: David Gilbank Read more
St Modwen receives permission for 200-home Birmingham scheme Dec 13, 2022 St. Modwen Homes, a leading developer of new communities and high-quality homes, has secured a resolution to grant full planning permission to build an additional 205 new homes at Longbridge on the historic MG Rover site that was once home to the MINI in Birmingham. Birmingham City Council resolved to grant full planning permission which […] Posted by: Mya Driver Read more
St. Modwen Logistics acquires modern warehouse facilities in Burton-upon-Trent and Coventry Mar 13, 2023 St. Modwen Logistics, one of the UK’s leading logistics developers and managers and a Blackstone portfolio company, has continued its expansion with the acquisition of modern warehouse units in Burton-upon-Trent and Coventry. In Burton-upon-Trent, St Modwen Logistics has acquired a 381,000 sq ft unit on the Centrum West Logistics Park, occupied by Palletforce, a leading […] Posted by: Mya Driver Read more
St. Modwen Logistics completes acquisitions in Birmingham and Manchester totalling 175,000 sq ft Jan 24, 2023 St. Modwen Logistics, one of the UK’s leading logistics developers and managers, has completed two acquisitions in Birmingham and Manchester as it continues to expand its portfolio in major cities across the country. Network Park industrial estate is situated 1.7 miles from Birmingham City centre and was constructed in the early 2000s, comprising six high-quality […] Posted by: Mya Driver Read more