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
£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
£Billions of development set for Greenbelt Lands in England Aug 7, 2023 In various parts of England, including Surrey, Somerset, and West London, plans are underway to develop former greenbelt lands into housing communities. These developments aim to address the growing demand for housing in the country. Surrey’s New Town A significant 284-acre stretch of former greenbelt land in Surrey is being transformed into a ‘new town’ […] Posted by: Mya Driver 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
65m North Quay Riverside Project: Great Yarmouth Council in Search of Development Partner Sep 1, 2023 Great Yarmouth Borough Council is actively seeking a development partner for its ambitious £65 million North Quay Riverside Gateway regeneration project. The council aims to transform this area into a vibrant new neighbourhood near the town centre and waterfront. Preliminary discussions with landowners of the designated four hectares for the project are underway, with the […] Posted by: Mya Driver Read more
Acorn Homes secures £5.9m Paragon funding for development Jun 15, 2023 Acorn Homes has secured a £5.9 million finance facility from Paragon Bank’s Development Finance division to support the development of 44 new apartments in Taunton, Somerset. The Firepool scheme is located on the Firepool Lock regeneration site and consists of 21 one-bed, 17 two-bed and six three-bed apartments. Work has commenced on the development and […] Posted by: Mya Driver Read more
Ares European Real Estate Debt Provides £300 Million Senior Debt Facility to Refinance Portfolio of Central London Assets Jun 23, 2023 Ares Management Corporation announced today that its European Real Estate Debt team has closed on a £300 million senior loan to refinance a portfolio comprised of two marquee central London assets. Located in the heart of New Bond Street, 21-23 New Bond Street is ideally positioned among the main shopping strip of major international luxury […] Posted by: Mya Driver Read more
Arrow Global Expands Reach by Acquiring Full Control of Maslow Capital Aug 24, 2023 Manchester-based asset manager Arrow Global Group has taken full control of Maslow Capital, a real estate finance provider headquartered in London. This acquisition comes after Arrow Global initially purchased a significant minority stake in Maslow Capital in December 2021. Arrow Global itself was taken over by TDR Capital, a private equity firm, in a £565 […] Posted by: Mya Driver Read more
Assetz Capital Confirms £2.75m Exit Loan for Housing Project in Somerset Aug 4, 2023 Assetz Capital, a financial institution, has confirmed a £2.75m development exit loan to facilitate the construction of a housing project in Frome, a town in Somerset. The project includes seven townhouses, two detached houses, and an office. The loan, which has a loan-to-gross development value (LTGDV) of 60%, has a term period of six months. […] 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
Beal Homes secures planning approval to complete £210m development Aug 30, 2023 Regional housebuilder Beal Homes has secured full planning permission to complete a £210m development in one of Yorkshire’s fastest-growing towns. The planning approval from East Riding of Yorkshire Council is for 600 homes, giving the green light for Beal to continue to deliver The Greenways in Goole. The Greenways is Beal’s largest-ever development, ultimately extending […] Posted by: Mya Driver Read more
Birmingham Smethwick Corridor to create major regeneration opportunity Feb 7, 2022 A plan for the regeneration of the Smethwick to Birmingham Corridor is going to cabinet for approval this week, providing a strategy for housing, transport and local heritage as the area is redeveloped. The Smethwick to Birmingham Corridor Framework promotes a co-ordinated approach to regeneration within the area encompassing Birmingham Mainline Canal, City Hospital and […] Posted by: Mya Driver Read more