Real Estate Investors Pursues £46.55m Opportunistic Sales Strategy Jul 31, 2023 Real Estate Investors (REI), a Birmingham-based property firm, has reaffirmed its commitment to an opportunistic sales strategy aimed at reducing debt amidst challenging and unstable market conditions in the property sector. Despite these conditions, REI has experienced strong demand from private investors and owner-occupiers for its assets in the first half of the year. The […] Posted by: Mya Driver Read more
Revealed: The 20 English Towns and Cities to get 11,500 New Homes Feb 14, 2024 The government has announced the 20 towns and cities poised to benefit from the construction of 11,500 new homes. This initiative aims to provide a substantial boost to housing availability, targeting previously developed brownfield sites to accommodate this significant increase. The strategy not only seeks to make home ownership more attainable for younger buyers but […] Posted by: Mya Driver Read more
Richardson Barberry acquires logistics asset in Warwickshire Sep 11, 2024 Joint venture developer and investor Richardson Barberry has acquired the national returns centre of one of the UK’s largest parcel delivery companies, it was announced today. Richardson Barberry has agreed a multi-million-pound deal with Cheltenham-based investment and asset management company Formal Investments for the 113,000 sq ft distribution unit on a seven-acre site at Swift […] Posted by: Deividas Krupstas Read more
Royal London Asset Management acquires 52-acre site from Hallam Land Nov 13, 2024 Henry Boot has announced that its land promotion and planning business, Hallam Land, has completed the sale of 52 acres of land for development at Pickford Gate, Coventry to Royal London Asset Management Property, the UK-based investment management company for an undisclosed sum. The sale has resulted in an ungeared internal rate of return for […] Posted by: Deividas Krupstas Read more
Rugby Prepares for Major Expansion with 5,000 New Homes and Three Schools Jan 8, 2024 Rugby is set to undergo a significant transformation with the construction of 5,000 new homes, accompanied by the addition of new schools and enhanced health provisions. This development forms a part of Rugby Borough Council’s updated South West Rugby Masterplan, which aligns with national and regional planning strategies to facilitate this growth. The Masterplan, adopted […] Posted by: Mya Driver Read more
Sama Investment Group submits plans for new apartments in Birmingham Dec 9, 2024 Sama Investment Group, a Birmingham-based developer and investor, has submitted plans for new 31 residential apartments and three spacious commercial units as part of a mixed-use regeneration scheme known as Highgate Corner on the outskirts of Birmingham city centre. Located to the north of the iconic Balti Triangle, the proposals would see the transformation […] Posted by: Deividas Krupstas Read more
Sama submits plans for student accommodation in Birmingham’s China Quarter Nov 6, 2024 Sama Investment Group, the Birmingham-based developer and investor, has submitted plans to deliver 301 student beds on a prominent brownfield site in the heart of Birmingham’s vibrant China Quarter. The new scheme would be delivered across a stepped building of 4 storeys, 10 storeys and 15 storeys on Pershore Street. As part of the transformation, […] Posted by: Deividas Krupstas Read more
Savills IM acquires two single-family Build to Rent assets for £50m Jun 19, 2023 International real estate investment manager – Savills Investment Management (Savills IM) – completes the acquisition of two forward-funded single-family Build to Rent sites in the Midlands – both developed by Urban & Civic – for approximately £50m. Both acquisitions were off-market transactions, and the first in Savills IM’s Build to Rent portfolio. Savills IM worked with […] Posted by: Mya Driver Read more
SDI Propco acquires 278-acre site for £54m Dec 17, 2021 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces that it has conditionally exchanged contracts for the sale of its strategic land site in Ansty, Warwickshire, to SDI Propco (100) Limited (the “Purchaser”), for a consideration of £53.5 million, payable in cash upon completion. Completion of the transaction […] Posted by: Mya Driver Read more
Second-time lucky for Birmingham’s tallest building Apr 15, 2021 Court Collaboration’s plan to build the tallest building in Birmingham has been given the go ahead, paving the way for several hundred new luxury apartments in the city centre. The proposals for the £225m build-to-rent development, which were originally okayed in 2019, were resubmitted as a new application following further engagement with local stakeholders and […] Posted by: Mark Flanagan Read more
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
