Dominvs Group gets permission to build East London 25-storey student accom – now seeking funding to build Oct 7, 2022 Two sites have been approved for the 465-bed purpose-built student accommodation scheme at 302 and 304-312 Stratford High Street. It is now seeking funds to build the scheme and has asked Knight Frank to find a funding partner. The scheme, designed by Henley Halebrown, consists of 786 sqm of workspace as well as 465 student […] Posted by: Nathan Spencer Read more
PIC forward funds £105 million Net Zero carbon office at First Street in Manchester, let to the UK Government Property Agency Oct 7, 2022 Pension Insurance Corporation (‘PIC’), a specialist insurer of defined benefit pension funds, has agreed to invest £105 million to forward fund a new 130,000 sq ft net zero in operation office to be let to the Government Property Agency (‘GPA’) for 25 years. The new site, which underlines the Government’s commitment to levelling up, will […] Posted by: Nathan Spencer Read more
£58m Inhalation Centre of Excellence granted planning permission in Bristol Oct 7, 2022 Vectura have been granted planning permission for a new 10,000-square metre facility on Bristol & Bath Science Park in south-west England – our ‘Inhalation Centre of Excellence’. The state-of-the-art £58 million building, which is anticipated to complete in 2025, will enable Vectura to expand their operations, providing new career opportunities for research and development scientists […] Posted by: Nathan Spencer Read more
First class Investec passes £1 billion student accommodation lending milestone following £65 million Scape deal Oct 7, 2022 Investec Real Estate (“Investec”), the UK focused development and investment lender, has committed over £1 billion of senior finance in the high growth UK purpose-built student accommodation (“PBSA”) sector. Since 2011, Investec has supported over 17 clients, including CA Ventures, Scape, Student Roost and Watkin Jones, with the delivery of 22,000 beds across 52 schemes […] Posted by: Nathan Spencer Read more
Plans for 1,000 Devon homes in huge new neighbourhood near Exeter Airport Oct 7, 2022 Carden Group has submitted plans for its first Garden Village development, which includes over 1,000 homes along with community facilities across 220 acres of land in Exeter. The strategic land business is privately owned and managed by founder and former chairman of Redrow Steve Morgan CBE, former Redrow group development director Will Heath, and Harry […] Posted by: Nathan Spencer Read more
£200M Bristol ‘Sporting Quarter’ and new housing to get greenlight Sep 29, 2022 Proposals to build a 3,600-seater sports arena and convention centre next to Ashton Gate Stadium, along with 510 new homes nearby, look likely to get the greenlight next week after receiving the backing of Mayor Marvin Rees and city council planners. The £200 million Ashton Gate Sporting Quarter will consist of a sports and convention […] Posted by: Nathan Spencer Read more
Arden Cross unveils major medtech campus plans at HS2 site Sep 29, 2022 Arden Cross Ltd has signed a Memorandum of Understanding (MOU) with both University Hospitals Birmingham (UHB) and the University of Warwick to explore opportunities for creating a new Medical & Technology Campus to deliver world-beating innovation in healthcare as part of the £3.2 billion Arden Cross development. This crucial next step in bringing the Arden […] Posted by: Nathan Spencer Read more
The Edison Group announce 50% acquisition of The Property Solutions Company Sep 29, 2022 The Edison Group, based in Glasgow and operating within multiple property sectors worldwide, have announced a 50% acquisition of and investment in The Property Solutions Company with Edison Group CEO and Founder, Calum Melville, having this to say about the news: ‘We’re delighted here at The Edison Group, obviously, as it’s testament and proof to our successful […] Posted by: Nathan Spencer Read more
Wembley Developer Quintain finalises £277m financing deal with J.P. Morgan Sep 29, 2022 The £277m deal is Quintain’s largest development loan to date, delivering 769 new homes. 74% of the homes delivered will be build-to-rent, the balance including shared ownership, affordable rent and discount market rent homes, with both residential buildings expected be completed by early 2025 Long term partners Quintain and John Sisk & Son have also […] Posted by: Nathan Spencer Read more
Huge development opportunities at Savills’ biggest October auction in years Sep 29, 2022 Savills Auctions department has announced the catalogue for its next sale – its largest October catalogue in eight years – which will take place on 4 October 2022. The sale features over 170 quality lots across the UK, with a mix of residential and development opportunities and a strong 30-lot development and commercial property section from lots 71 to […] Posted by: Nathan Spencer Read more