Cardiff’s Iconic Howells Building Undergoes £100m Transformation Aug 25, 2023 Developer Thackeray has unveiled a series of images showcasing the anticipated look of the £100m redevelopment of Cardiff’s renowned Howells building. The retail component of this revamped structure will be christened Hayes @ Howells, boasting 15,000 sq ft of space tailored for upscale tenants. Notably, House of Fraser was the sole occupant of this building […] Posted by: Mya Driver 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
£24.3 Million Revamp Propels Lowestoft Towards Cultural Hub Status May 3, 2024 A bold vision to revitalise Lowestoft’s town centre with an injection of £24.3 million aims to usher in a new era of vibrancy and cultural prominence, as plans for the ambitious Cultural Quarter undergo scrutiny this month. The transformative project, bolstered by a significant investment, envisions the creation of state-of-the-art amenities including a new 80-seater […] Posted by: David Gilbank 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
5,000 new homes, £2 billion: 40 integrated retirement communities Mar 27, 2023 Retirement Villages Group (RVG), owned by AXA IM Alts, has revealed the concept for its future collection of Integrated Retirement Communities, which it says will deliver the critical change needed to cater for the UK’s growing, ageing population. Thrive Living is largely an urban or peri-urban concept which aims to regenerate local communities and town […] Posted by: Mya Driver Read more
AJC Group pledges to build 500 affordable homes in five years Mar 27, 2023 Dorset-based AJC Group has committed to raising £10,000 for a local homelessness charity, while pledging to build 500 new affordable homes across the Wessex region by 2028. The housebuilder currently has 173 private and affordable homes under construction, with a strong land pipeline located across Dorset, Hampshire, and Somerset, capable of achieving 500 new affordable […] Posted by: Mya Driver Read more
Approval of 190,000 sq ft logistics, manufacturing and R&D scheme ‘Spark’ in Bishops Stortford Apr 21, 2023 Fiera Real Estate UK (“FRE UK”) and Wrenbridge are pleased to announce that plans have been approved for their new 190,000 sq ft Grade A logistics, manufacturing and R&D scheme named ‘Spark’ in Bishops Stortford. FRE UK and Wrenbridge have secured planning at their 8.5-acre site for a 189,536 sq.ft. scheme across twelve units, in […] Posted by: Mya Driver Read more
Atkins draws top talent to boost infrastructure growth ambitions Mar 21, 2023 Atkins, part of the SNC-Lavalin Group, has announced three senior appointments drawing from top talent across the industry, to bolster its position as one of the UK’s leading engineering, planning and design consultancies. The key appointments of Andrew Jones, Richard Bonner and Dr Deb Upadhyaya in the Infrastructure division of the business, will drive forward […] Posted by: Mya Driver Read more
Aware Super buys Qatari Diar stake in Get Living Apr 3, 2023 Australian superannuation fund Aware Super has entered the UK’s burgeoning Build to Rent (BTR) market by purchasing Qatari Diar’s 22% stake in Get Living PLC, the country’s most experienced and pioneering developer and operator of large scale BTR neighbourhoods. Subject to final contract completion, Aware Super will join existing investors APG and DOOR (a residential […] Posted by: Mya Driver Read more
Barratt Developments and Redrow Complete £2.5 Billion Merger Oct 7, 2024 Barratt Developments and Redrow have today announced the successful completion of their £2.5 billion merger, following final approval from the UK’s Competition and Markets Authority (CMA). This strategic union creates a new leading force in the UK housing market, with the combined entity to be known as Barratt Redrow. The merger, which has been in […] Posted by: Deividas Krupstas Read more
Belfast Harbour’s £60m City Quays 5 Project Approved Jun 28, 2024 Belfast Harbour has received planning permission to proceed with the construction of a nine-storey building, the latest addition to its City Quays project. The development, which will primarily consist of office space, will feature hospitality facilities on the top floor and retail units on the ground floor. This marks the fourth phase of the City […] Posted by: David Gilbank Read more
