JV to Build £53m Residential Towers in Sheffield Jul 5, 2024 Torsion Group has partnered with Housing Growth Partnership (HGP) to develop a £53m residential project at Hollis Croft, Sheffield. The development will include 234 Build to Rent (BTR) apartments in blocks ranging from seven to 17 floors. Torsion Construction will serve as the main contractor, with the project set for completion in mid-2026. The scheme […] Posted by: David Gilbank Read more
Karis Capital Facilitates £25 Million Loan To Deliver Student Development In Leeds Feb 13, 2024 Karis Capital, has arranged a £25.25 million development loan for joint venture partners Zenzic Capital and Torsion Group to deliver an impressive 183-unit student accommodation development in Leeds. The capital sourced by Karis will enable Zenzic and Torsion to tackle the current shortage of high-quality PBSA sites across the UK, which has compelled this collaborative […] Posted by: Mya Driver Read more
Kirklees Set to Receive Over £100 Million from Government for Regeneration Projects Mar 6, 2024 Kirklees is poised for a significant transformation with the announcement of over £100 million in government funding allocated to revitalise the region through several key regeneration projects. The Cabinet meeting scheduled for March 12 will see members discuss the formal acceptance of this substantial investment from the Levelling Up Fund, aimed at enhancing local infrastructure […] Posted by: Mya Driver Read more
KKR and Mirastar Acquire Northern Logistics Portfolio Sep 3, 2024 KKR and Mirastar have acquired five logistics units across Sheffield, Salford, Crewe, and Liverpool, totalling 890,000 sq ft. The largest unit, a 346,000 sq ft facility in Sheffield, is leased to Advanced Supply Chain Group. The assets were developed by PLP UK Logistics Venture 1, backed by investors like Ivanhoé Cambridge and The Peel Group. […] Posted by: Mya Driver Read more
Lamington Group launches room2 York project Aug 9, 2024 Lamington Group has announced the launch of its latest project under the award-winning eco-hometel brand, room2. The new property, located in York, is scheduled to begin site development this summer and is expected to open in early 2026. room2 York will be the brand’s first venture in the North of England and the £30 million […] Posted by: Mya Driver Read more
Lamington Group plans three new net zero room2 hometels in the UK Sep 23, 2022 Family-owned real estate investment and development company, lamington group, has announced it will open net zero room2 hometels in York, Glasgow, and Manchester. The move comes as part of the company’s sustainable property development plan and represents an investment of £114 million. The room2 brand currently has 3 operational establishments in the UK, of which […] Posted by: Mya Driver Read more
Landmark Eggborough West community development plans set for launch Jan 31, 2023 Outline plans for the development of a landmark sustainable community in North Yorkshire are set to be revealed. Banks Property is looking to create an integrated extension to the village of Eggborough, to the south west of Selby, which would offer new low carbon homes, enhanced local transport links, a new primary school and nursery, […] Posted by: Mya Driver Read more
Leeds City Council decarbonisation leader joins Eddisons as head of sustainability Jan 12, 2024 Eddisons has appointed Nazar Soofi, former head of decarbonisation at Leeds City Council, to the new role of head of sustainability and decarbonisation. The move marks a major strategic hire for the growing property consultancy as it launches its own sustainability centre of excellence, based at its Leeds head offices. Headed by Soofi, the new […] Posted by: Mya Driver Read more
Leeds City Council Endorses 1,925 Homes Plan Mar 15, 2024 Leeds City Council has given its unanimous approval for the development of a new, mixed-use neighbourhood known as South Village, poised to transform the South Bank of Leeds into a vibrant urban community. Situated just off Meadow Road, near the River Aire and the heart of Leeds city centre, the project is spearheaded by Caddick […] Posted by: Mya Driver Read more
Leeds City Council Outlines Future Redevelopment Plans to Enhance Affordable Housing Stock Oct 23, 2023 Leeds City Council has disclosed its plans for the demolition and subsequent redevelopment of multiple areas within the city, targeting an augmentation in the number of affordable homes. Gipton For Gipton, initial demolition notices have been served for properties at 1-61 Gipton Gate West, LS9 6BZ and 62-121 Gipton Gate East, LS9 6SU. The underlying […] Posted by: Mya Driver Read more
Leeds Extra-Care Housing Secures £100m Boost from US Investor Jul 17, 2024 Preferred Homes, a for-profit registered provider, is set to expand its extra-care affordable housing projects after securing over £100m in joint venture funding from Chicago-based investment manager Nuveen, a subsidiary of the Teachers Insurance and Annuity Association (TIAA). The funding will support the development of eight schemes, focusing on 100% affordable rent extra-care housing for […] Posted by: Mya Driver Read more
Leeds Launches Decade-Long Regeneration Partnership, Spotlighting Potential at Upcoming UKREiiF Event Mar 12, 2024 Leeds City Council is on the threshold of endorsing an ambitious 10-year initiative with the support of national, regional, and local government bodies. This initiative, aimed at transforming six crucial neighbourhoods, is poised to foster inclusive growth across the city. The Leeds Transformational Regeneration Partnership, which includes collaboration with the central government, Homes England, and […] Posted by: Mya Driver Read more