Essex council wants £80M DfT funding for roundabout

Plans to redesign the Army and Navy in Chelmsford have moved another significant step forward. Essex Council have submitted an outline business case to the Department for Transport for funding of £67 million. The funding is for the proposed Army and Navy Sustainable Transport Package. This is the next stage of the bidding process for […]

Posted by: Nathan Spencer

Read more

Sovereign Peveril JV submits plans for £500m Hertfordshire mixed-use scheme

Hertfordshire is to get an entirely new town centre, with plans submitted today for the £500m Brookfield Riverside development in Cheshunt. Designed by Lyons+Sleeman+Hoare, the 1m sq ft Brookfield Riverside will rise at the intersection of the M11 and M25 motorways. Sovereign Centros are in a development partnership with Peveril Securities. The parties were appointed […]

Posted by: Nathan Spencer

Read more

Aviva Investors to invest up to £110 million in Connected Kerb to support nationwide delivery of EV charging infrastructure

Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has completed an investment which will see it invest up to £110 million in Connected Kerb, the electric vehicle (‘EV’) infrastructure specialist. The investment, being made by the Real Assets business at Aviva Investors as part of its Climate Transition strategy, will […]

Posted by: Nathan Spencer

Read more

A £250 million water park to be built in Manchester

The UK’s ‘first city-based wellbeing resort’, a £250 million water park boasting thermal bathing and botanical gardens is set to launch in the city’s Trafford Centre.  The park, called Therme Manchester, will be the size of 19 football pitches (around 28 acres), and will feature an ‘immersive experience’, with ‘digital art, an on-site urban farm […]

Posted by: Nathan Spencer

Read more

Next steps for Bath City centre regeneration with £2.4m funding award

Ambitious plans to regenerate Milsom Quarter in Bath including a new home for the Fashion Museum have taken another step forward after being awarded more than £2.4m in new funding. The Milsom Quarter Masterplan will revitalise the north of Bath city centre by attracting creative industries, providing 180 new homes and transforming the area into a nationally […]

Posted by: Nathan Spencer

Read more

Grosvenor and Mitsui Fudosan UK team up for Mayfair transformation

A new joint venture between Grosvenor and Mitsui Fudosan UK, the European operation of leading Japanese real estate developer Mitsui Fudosan, has been formed to deliver a key element of a sustainable mixed-use development in London’s Mayfair. Focusing on the 263,000 sq ft North and South blocks of the South Molton Triangle scheme, the partnership […]

Posted by: Nathan Spencer

Read more

Multi-million-pound plans to transform Altrincham Leisure Centre move closer

Trafford Council has applied for planning permission for the large-scale refurbishment of the popular Altrincham Leisure Centre – branded move Altrincham – on Oakfield Road in the town centre. If approved, move Altrincham will benefit from a 25m swimming pool, a 20m learner pool, a pool pod to improve accessibility, a combined lobby area with pool viewing and café, […]

Posted by: Nathan Spencer

Read more

PRS REIT declares 11% growth in annual NAV

The PRS REIT has informed investors that it expects an 11% rise in net asset value (NAV) ahead of its results for the year to the end of June. The closed-ended real estate investment trust that invests in high-quality, new build, single family homes for the private rented sector, is forecasting unaudited NAV per share […]

Posted by: Nathan Spencer

Read more