Watkin Jones maintains busy start to 2021 with Swansea student scheme Apr 7, 2021 Student accommodation specialist Watkin Jones has unveiled plans for a 350-bed facility in the centre of Swansea on the site of a former HMRC office. Since 1999 the company has delivered 43,000 student beds across 130 sites and identified the Welsh city as a hotspot with Swansea University student numbers having increased 11.5% over the […] Posted by: Mark Flanagan Read more
New data suggests 2021 set to be good year for construction Apr 6, 2021 The value of construction work that began in the first quarter of 2021 was 5% higher than the previous year according to data published today by Glenigan (April 6). The numbers are significant – the research covers developments valued at less than £100m – because the UK did not go into lockdown until March 26, […] Posted by: Mark Flanagan Read more
St Modwen partners with Oxford college on Worcester masterplan Apr 6, 2021 St Modwen has formed a joint venture with Merton College (Oxford) on a mixed-use development which is set to create up to 1,250 homes and 900,000 sqft of logistics space on a 240-acre site near Worcester. Located just off junction 7 of the M5, it forms part of a draft allocation for up to 10,000 […] Posted by: Mark Flanagan Read more
Hands set to get his fingers on Kier’s housebuilding arm Apr 6, 2021 Construction giant Kier is reportedly on the brink of selling its housebuilding arm to Guys Hands, the influential private equity founder of Terra Firma Capital. The sale of Kier Living is expected to raise in the region of £120m for a company that reported a pre-tax loss of £225m in its latest set of annual […] Posted by: Mark Flanagan Read more
100% increase in large-scale warehouse construction Apr 6, 2021 The rapid expansion of the logistics industry is reflected in new research released today by Knight Frank which reveals twice as much large-scale warehousing will be built this year compared to 2020. According to the leading property consultancy, 40million sqft of new warehouse space in developments larger than 50,000 sqft is scheduled for completion in […] Posted by: Mark Flanagan Read more
Historic Naval club building offers rare Mayfair redevelopment opportunity Apr 6, 2021 A rare Mayfair redevelopment opportunity has arisen with the freehold of The Naval Club building being put up for sale for £35m. Marketed via Gerald Eve or Wetherell, the imposing Grade II listed building (1,595 sqm) is located on a wide and deep corner plot, offering substantial accommodation over six floors. Thirty-eight Hill Street has […] Posted by: Mark Flanagan Read more
Planners approve £500m scheme to transform Southend Mar 31, 2021 The £500m redevelopment of the Queensway area of Southend was approved by the local council last night. The Better Queensway project, which is a joint venture between Southend-on-Sea Borough Council and Swan Housing Association (Porters Place Southend-on-Sea LLP), is proposing to build 1,760 homes. It is hoped it will also become a catalyst for further […] Posted by: Mark Flanagan Read more
Travis Perkins boost for CEG’s Nottinghamshire development Mar 31, 2021 Property investors CEG has submitted a detailed planning application to deliver a 1,933 sqm builders merchant facility for Travis Perkins at the Vesuvius retail park in North Nottinghamshire. The proposal will further regenerate this brownfield site and address a live requirement for a new bespoke Travis Perkins facility within Worksop. CEG is currently managing the comprehensive […] Posted by: Mark Flanagan Read more
Quick-fire hat-trick of acquisitions for Network Space Mar 31, 2021 Network Space has completed the purchase of Newfield Industrial Estate near Stoke on Trent, a multi-let industrial investment totalling 125,000 sqft across nine acres. Newfield is occupied by 20 businesses. Tenants include global corporate Air Liquide, together with a number of successful local businesses. This acquisition comes hot on the heels of acquisitions by Network […] Posted by: Mark Flanagan Read more
Town centre regeneration made easier as relaxation of planning rules kicks in Mar 31, 2021 New rules allowing commercial premises to be converted into homes come into force today (March 31) as part of a package of government measures aimed at revitalising England’s high streets and town centres. The new rules, announced by Housing Secretary Robert Jenrick, will help support the creation of residential accommodation while also giving developers the […] Posted by: Mark Flanagan Read more
