UK’s largest EV charging hub set to electrify retail destination

The 236-bay hub will be installed in Brent Cross Shopping Centre car park, and will be delivered by leading electric vehicle charging provider Franklin Energy Hammerson and Aberdeen Standard Investments, joint owners of the flagship destination Brent Cross, have unveiled plans for a landlord owned EV charging facility in the destination’s car park. The hub […]

Posted by: Nathan Spencer

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HBD expands investment portfolio with acquisition of industrial scheme

HBD (formerly Henry Boot Developments) has acquired City Court, a 26, 945 sq. ft. industrial scheme in Manchester’s Ancoats neighbourhood – the developer’s third acquisition this month as it targets an investment portfolio of £150million. The developer acquired the Poland Street scheme from Urban Splash and Pears Group for £5.8 million. Comprising 13 units, it […]

Posted by: Nathan Spencer

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Barratt Developments increase full year completion expectations

Underlying market strength and strong customer demand has resulted in a positive start to the calendar year for Barratt Developments. Issuing a trading update in respect of the period from 1 January 2021 to 2 May 2021, the housebuilder said its net private reservation rate was strong at 0.83 (2020: 0.52; 2019: 0.79) per active outlet per […]

Posted by: Nathan Spencer

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Procure Plus announces £1.3bn low carbon housing framework

Manchester social housing framework specialist Procure Plus has unveiled plans to establish a panel of firms to supply and install low and zero carbon technologies. Suppliers and contractors appointed to the £1.3bn framework agreement will be required to work collaboratively to increase energy efficiency within buildings across both social housing and the wider public sector. […]

Posted by: Nathan Spencer

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Glasgow city centre development framework approved

The Scottish government has approved a framework that will guide development of Glasgow city centre over the next three decades. The government’s approval of Glasgow City Council’s Strategic Development Framework (SDF) means that the plan can now be adopted. The SDF has six key ambitions: reinforce the city centre’s economic competitiveness; re-populate the city centre […]

Posted by: Nathan Spencer

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Pitalia Real Estate makes first splash with acquisition of a former aircraft factory

An investment vehicle launched by former JLL chairman has acquired a 35,000 sq ft former aircraft factory in Manchester for £9.3m. Pitalia Real Estate, the development and investment vehicle launched in March, has completed its first deal following the acquisition of Aeroworks in Manchester. The former aircraft factory, re-designed by Stephenson Studio architects, is home […]

Posted by: Nathan Spencer

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Manifesto to deliver 25,000+ homes annual in Scotland gets political backing

Homes for Scotland, the industry body representing c200 organisations across the Scottish home building sector, has secured significant political support for its own manifesto call for the delivery at least 25,000 new homes each year. The backing, ahead of this week’s election, from key Conservative, Green, Labour, Liberal Democrat and SNP candidates was confirmed during […]

Posted by: Nathan Spencer

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Construction-starts rise as confidence returns

The value of underlying construction work (under £100 million in value) starting on-site during the three months to April 2021 was 30% higher than a year ago and 18% higher than the preceding three months on a seasonally adjusted basis. Residential-starts experienced the greatest growth of 35% against the previous year as well as 14% […]

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Major city firms pledge to bankroll £2.6bn UK theme park

Major City firms have pledged to bankroll a £2.6billion theme park in Kent which is being dubbed ‘the UK’s answer to Disneyland’.  Funding documents for the London Resort near Dartford show it has lined up investors to finance the construction of the giant attraction in two phases through a mix of investment and debt.  More […]

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