Government funding to bring £3.5bn dockland neighbourhood to life Jul 8, 2022 Homes England will provide £233m of infrastructure loan funding to help bring forward a new £3.5bn neighbourhood at Silvertown in East London – one of the country’s most significant regeneration projects. Sitting within London’s only Enterprise Zone at the Royal Docks, the Silvertown site in Newham has been derelict for the last 40 years and […] Posted by: Nathan Spencer Read more
Rolls Royce shortlists six sites for nuclear reactor factory Jul 8, 2022 Rolls-Royce has moved forward in their bid to develop new Small Modular Reactors (SMRs) across the UK by highlighting six locations where they may look to develop a new factory which builds nuclear reactors. The UK Government is looking to build 16 SMRs in the next 25 years – as the Government looks to enhance […] Posted by: Nathan Spencer Read more
St Arthur Homes secures £44m deal to secure new homes in Hampshire Jul 8, 2022 As St Arthur Homes prepares for the launch of its second phase of homes at Whiteley Meadows, Winchester, the company has acquired a further 118 homes at the development in a deal in excess of £44 million. Combining a selection of mainly family houses and some apartments, St Arthur Homes’ latest acquisition will deliver 104 Shared […] Posted by: Nathan Spencer Read more
Urban industrial investor and developer Bloom hires new development director Jul 8, 2022 Bloom, the ultra-urban industrial investor and developer, has appointed Chris Leonard, an experienced London industrial real estate development manager, as development director. Chris will lead the delivery of Bloom’s development programme with existing projects and pipeline opportunities. He will also be supporting the leadership team, headed by co-founders Tom Davies and Sam McGirr, on setting […] Posted by: Nathan Spencer Read more
Trammell Crow appoints new Head of European Logistics Capital Markets Jul 8, 2022 Trammell Crow Company (TCC), a leading global developer and investor in commercial real estate, has appointed Richard Fell as Head of European Logistics Capital Markets. With extensive experience in European equity and debt origination, Richard joins TCC from Clarion Partners Europe, where he spent the past three years as vice president for investments. In this […] Posted by: Nathan Spencer Read more
Caskade Group acquires Birmingham Hotel in £12.5m deal Jul 8, 2022 The Hotel Indigo in Birmingham has been sold to the Caskade Group off a listed price of £12.5m. The property features 52 rooms, a Marco Pierre White-branded restaurant, and a whiskey and cocktail lounge. It was designed by Ken Shuttleworth of Make, who was involved in the construction of the Gherkin building in London. The […] Posted by: Nathan Spencer Read more
Bristol shopping centre set for £550m regeneration Jul 8, 2022 Developer Deeley Freed will work with LaSalle Investment Management to transform The Galleries shopping centre in Bristol and create a mixed-use quarter through a £550m regen. The project to transform the 5-acre site will begin in 2024 and complete in 2027. Plans revealed for the city centre site include a mix of restaurants, shops, community […] Posted by: Nathan Spencer Read more
UBS and Reef JV to develop major life sciences campus Jul 8, 2022 UBS Asset Management’s Real Estate & Private Markets and Reef Group (Reef) today announces a joint venture as the investor and co-developer for a major campus for life science businesses in Stevenage, Hertfordshire. The new campus, which will be one of the largest of its kind in the UK and Europe, will be built alongside […] Posted by: Nathan Spencer Read more
Aviva Investors and Packaged Living to develop 195 homes Jul 8, 2022 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), and Packaged Living, the specialist UK Build-to-Rent developer, announce they have completed a deal to acquire and develop 195 homes in the West Midlands town of Telford, Shropshire. It is the first investment made since the two firms announced a partnership (‘The Partnership’) in […] Posted by: Nathan Spencer Read more
Home REIT adds 1,000 beds to portfolio with £92.3m of acquisitions Jul 8, 2022 Home REIT plc (ticker: HOME), which funds the acquisition and creation of high-quality properties across the UK that are dedicated to providing accommodation to homeless people, announces that it has deployed £84.9 million of the net proceeds raised in the Company’s significantly oversubscribed £263 million equity issue in May 2022 (the “Subsequent Placing”). In just […] Posted by: Nathan Spencer Read more