Firethorn Trust gains approval for housing at the UK’s first eco-town Aug 2, 2023 The decision on Tuesday 25 July 2023 successfully concluded an appeal process, with the planning inspector placing significant weight on the fact the scheme would support the delivery of the wider North West Bicester Ecotown – the first of its kind in the UK. Details within the planning application mean the development would provide: The […] Posted by: Mya Driver Read more
Government confirms Scotland carbon capture plans Aug 2, 2023 UK Prime Minister Rishi Sunak has today travelled to Scotlandf to confirm plans for a multi-million pound carbon capture project in Scotland which would create the UK’s fourth cluster for transitioning to a net zero UK. “Project Acorn” is set to strengthen to UK’s energy security strategy – with millions of pounds of funding announced […] Posted by: Mya Driver Read more
Housing association secures land for new homes for Keyland Developments Aug 2, 2023 Keyland Developments, the property and development arm of Yorkshire Water, has sold a 5.5-acre site in West Yorkshire to the Leeds Federated Housing Association. The site in Pudsey, on the outskirts of Leeds, could see 54 new homes being developed. Matthew Turnbull, land and planning manager at Keyland Developments, said: “We are delighted to have […] Posted by: Mya Driver Read more
Silbury Finance maintains deployment momentum with £67 million loan for 341-home mixed tenure development in Bedford Aug 2, 2023 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £67 million senior loan to MCR Property Group, the established residential developer. The 24-month facility will fund the development of 341 homes, a mix of for sale and rent, in the sought-after commuter town of Bedford. It represents the third deal between the […] Posted by: Mya Driver Read more
Housing Growth Partnership and McGoff Group Launch £13m JV for 237-Unit BTR Scheme in Manchester Aug 2, 2023 Housing Growth Partnership (“HGP”), the Lloyds-backed equity investor supporting the UK’s living sector to deliver more homes, has committed £13m to a joint venture with McGoff Group (“McGoff”) to deliver the new Downtown Victoria North build-to-rent scheme in Manchester. The development is situated on a form er gasworks on Rochdale Road and represents a key […] Posted by: Mya Driver Read more
Czech-Based P3 Logistic Parks Makes UK Debut with Acquisition of Two Midlands Assets Aug 2, 2023 P3 Logistic Parks, a leading investor, manager, and developer of warehouse properties based in the Czech Republic, has made its debut in the UK market through the purchase of two logistics assets from Segro. These acquisitions, located in the Midlands, total approximately 872,000 sq ft of space. The first asset, situated in Crick, offers around […] Posted by: Mya Driver Read more
Liverpool City Region set to get £310m funding as the UK’s second Investment Zone Aug 2, 2023 Communities across the Liverpool City Region could be set to benefit from over 4,000 new jobs and a multi-million-pound investment in the life sciences sector as part of the UK’s second Investment Zone. The government has today (26 July 2023) launched England’s second Investment Zone in Liverpool City Region, which could unlock £320 million of private investment and deliver 4,000 […] Posted by: Mya Driver Read more
Real Estate Investors Pursues £46.55m Opportunistic Sales Strategy Aug 2, 2023 Real Estate Investors (REI), a Birmingham-based property firm, has reaffirmed its commitment to an opportunistic sales strategy aimed at reducing debt amidst challenging and unstable market conditions in the property sector. Despite these conditions, REI has experienced strong demand from private investors and owner-occupiers for its assets in the first half of the year. The […] Posted by: Mya Driver Read more
Iconic Rothbury Estate: A £35M, 10,000-Acre Historic Property in Northumberland Hits the Market for the First Time in 650 Years Aug 2, 2023 For the first time in over 650 years, the Rothbury Estate, a historic property spanning nearly 10,000 acres, is up for sale. The estate, which is valued at £35 million, includes 23 properties and 12 farms. The Percy family, who have owned land in Northumberland since the 14th century, are the current proprietors of the […] Posted by: Mya Driver Read more
Cain International and Starwood Capital Group Jointly Extend £535M Loan to Canary Wharf Group for Wood Wharf Phase 3 Development Aug 2, 2023 Cain International and Starwood Capital Group, both prominent investment firms, have entered into a £535 million loan agreement with Canary Wharf Group to fuel the upcoming phase of the Wood Wharf residential project. Each firm is set to provide half of the loan, making it one of the most significant development loans issued in the […] Posted by: Mya Driver Read more
