Cannock Town Centre Set for Major Transformation as Regeneration Plans Near Approval Sep 21, 2023 Cannock town centre is poised for a significant facelift, with the district council’s planning committee set to give the thumbs up to its regeneration proposals. The ambitious blueprint includes the creation of a leisure and cultural hub, a revamped Prince of Wales Theatre, new eateries and pubs, and modern workspaces. These initiatives are aimed at […] Posted by: Mya Driver Read more
£150m Wolverhampton scheme gets green light Sep 27, 2024 Wavensmere Homes has received planning approval from City of Wolverhampton Council for its £150m residential-led Canalside South development. The 17.5-acre former industrial site is located within the city centre – moments from the transport interchange – and benefits from frontage onto the Wyrley & Essington Canal and the Wolverhampton Branch of the Birmingham Main Line […] Posted by: Deividas Krupstas Read more
£200m Crosstree and Bloom Joint Venture launched Sep 23, 2024 Crosstree Real Estate Partners has officially expanded into the industrial and logistics real estate sector through a new £200 million joint venture with Bloom. This marks Crosstree’s debut in the growing logistics market, a sector that continues to thrive amidst strong investor demand. The partnership will focus on identifying industrial real estate opportunities across the […] Posted by: Deividas Krupstas Read more
£22 million funding for Hilton Hotel renovation Jun 27, 2023 Arc & Co, a specialized debt advisor, has successfully obtained a £22 million facility from OakNorth Bank to finance renovation projects for the Hampton by Hilton hotel situated at Edinburgh Airport. The senior commercial loan, with a duration of three years, is secured against the hotel itself and operates on an interest-only basis.Ability Hotels, the […] Posted by: Mya Driver Read more
£300m development portfolio – Aitch Group diversify in challenging market with new land sought Apr 24, 2023 In 2022, property developer Aitch Group spend £70 million on land across four London boroughs including Brent, Waltham Forest, Greenwich and Southwark. This added a further £300 million (GDV) to the Aitch Group development portfolio. With immediate funds available, Aitch Group are now seeking more land for development in 2023 and onwards – specifically sites […] Posted by: Mya Driver Read more
£80million Telford Station Quarter scheme to be showcased at UKREiiF Apr 29, 2024 An £80million scheme to transform the heart of Telford is to be showcased at a major national development and investment event. Telford & Wrekin Council’s ambitious scheme to create a vibrant new residential, educational and business community in the heart of Telford – including an academic campus focused on digital skills and enterprise – will […] Posted by: David Gilbank Read more
abrdn expecting new growth phase in the real estate sector fuelled by REITS, Rates and Rents Oct 24, 2024 Publishing its Q4 Real Estate House View, abrdn that said they believe that Real Estate has turned a corner and is moving into a new growth phase, with a rebound imminent as rate cuts start to come through. abrdn has upgraded its investment view on real estate from neutral to overweight for the first time […] Posted by: Deividas Krupstas Read more
Apatura secures planning consent for the largest standalone Battery Energy Storage System awarded in Scotland Sep 13, 2024 New site at Port Glasgow will deliver grid scale battery energy storage driving its renewable energy ambitions in Scotland Renewable energy storage specialist Apatura has secured planning permission for a major new Battery Energy Storage System (BESS) in Port Glasgow, Inverclyde with a capacity of 700 megawatts (MW). This is the largest planning consent for […] Posted by: Mya Driver Read more
Application for 435 new homes approved by Bristol City Council’s Planning Committee Oct 3, 2024 Work can now begin to regenerate the brownfield site, which forms part of the Temple Quarter regeneration area, which aims to create a ‘flourishing new urban quarter for Bristol.’ The development will also deliver 773 m² of flexible ground floor space for commercial uses alongside 43 affordable homes. The plans include a new cycle lane […] Posted by: Deividas Krupstas Read more
Ashby Capital Secures £50m Refinancing Deal for Two Retail Parks Aug 24, 2023 In a significant financial move, Ashby Capital has successfully refinanced two of its prominent retail parks, Morta and Westside, in a £50m deal with Deutsche Hypo. Westside Retail Park, located in Guiseley, West Yorkshire, hosts 13 tenants, including major retailers like TK Maxx, Sports Direct, and Halfords. Acquired from British Land in 2019, the park […] Posted by: Mya Driver Read more
B8re advises on £18m+ sale of modern distribution unit Sep 9, 2024 Acting on behalf of a UK Pension Fund client, industrial property consultancy, B8RE has completed the disposal of a modern single let logistics warehouse in Ellesmere Port, in a deal worth close to £18.5million. The state-of-the-art 210,000 sq ft facility is let to Honeywell, which is the company’s sole distribution hub in the UK and […] Posted by: Deividas Krupstas Read more
Blackfinch boosts Birmingham restaurant with £1.3m commercial refinancing deal Apr 19, 2023 Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed a £1.3m commercial refinancing loan for a popular Birmingham restaurant. The 24-month deal will help to secure the future of the restaurant, a much-loved part of the community in Sparkhill, a suburb around three miles from Birmingham City Centre. Blackfinch Property, […] Posted by: Mya Driver Read more