Manchester City submits planning application for entertainment destination at the Etihad Stadium Apr 25, 2023 Having reviewed all of the feedback submitted via the consultation questionnaire, the Club is delighted to confirm that fans were in favour of the concepts and proposals presented. Proposals include several connected all-weather facilities, fully integrated into the stadium, centred around an expanded North Stand with one larger, single upper tier above the existing lower […] Posted by: Mya Driver Read more
Digital network giant confirm UKREiiF 2023 partnership Apr 25, 2023 Openreach have announced their involvement with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Openreach Limited is the UK’s national digital network business, employing 38,000 people to connect homes and businesses across the country. The Openraech network is the biggest in the UK, […] Posted by: Mya Driver Read more
Leumi UK completes £13.75 million loan to fund a consented residential site in Manchester’s Salford Quays Apr 24, 2023 Specialist property lender Leumi UK has agreed to a £13.75 million short-term loan with UK real estate fund manager Frogmore, to refinance Cotton Quay – an 8.5-acre waterfront site in Salford Quays, Manchester. The site has hybrid planning consent for 1,493 Build to Sell residential units, 475 hotel beds, as well as 31,000 sq ft […] Posted by: Mya Driver Read more
Acquisition of a Tesco in Worcester for £38.3 million Apr 24, 2023 Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property in the UK, announces the acquisition of a Tesco omnichannel supermarket in Worcester, for a total purchase price of £38.3 million (excluding acquisition costs), reflecting a net initial yield of 6.0%. Tesco has been operating at […] Posted by: Mya Driver Read more
AXA IM Alts appoints Victoria Hall as Head of Funds, Infrastructure Apr 24, 2023 AXA IM Alts, a global leader in alternative investments with over €186 billion of assets under management, announces the appointment of Victoria Hall to the newly created role of Head of Funds, Infrastructure. Based in London, Victoria will report directly to Mark Gilligan, AXA IM Alts’ Head of Infrastructure. She will be responsible for supporting […] Posted by: Mya Driver Read more
United Trust Bank funds £15m airspace developments for Fruition Properties Apr 21, 2023 United Trust Bank (UTB) has provided £10.4m of funding to specialist airspace developers Fruition Properties to complete two new airspace schemes in London. The first is a development of nine new apartments over two storeys on top of a high-end print business in South-East London. Fruition Properties will market eight of the new high specification […] Posted by: Mya Driver Read more
BGF backs Yorkshire housebuilder with £10 million investment Apr 20, 2023 Family-owned housebuilder, Newett Homes, has announced a £10 million growth capital investment from BGF – one of the largest and most experienced growth capital investors in the UK and Ireland. The Yorkshire-based company was founded in 2016 by Will Newett. Since then, the housebuilder, which specialises in developing high quality three to five-bedroom homes in desirable locations, […] Posted by: Mya Driver Read more
McKinsey & Company: Procurement function will raise to a strategic role as construction companies navigate the dual mission of improving profitability in volatile times whilst decarbonizing construction Apr 19, 2023 The latest research from McKinsey & Company (McKinsey) emphasizes that procurement in construction companies will play a pivotal role as they navigate uncertainty and aim for sustainability targets. The insights come as McKinsey publishes its latest report: The strategic era of procurement in construction. 40 to 70 percent of a construction company’s total spending stems […] Posted by: Mya Driver Read more
The construction industry faces standstill – unless it addresses the barriers to development and growth Apr 19, 2023 THE Future of Construction – an initiative run by framework provider Pagabo and its parent company The 55 Group – has published a white paper that gives unique insight from industry leaders on the biggest challenges the sector currently faces. It crucially reveals a shared opinion that the sector faces a serious decline and stagnation without collaboration. […] Posted by: Mya Driver Read more
272 new Council homes for Tottenham Hale Apr 19, 2023 Haringey residents are set to benefit from 272 council homes in the heart of Tottenham Hale, following a decision by the council to double the number of high-quality council properties on the Ashley Road Depot site. With additional funding from the Greater London Authority (GLA), the initial proposal to build 136 council homes has now […] Posted by: Mya Driver Read more
