Former Manston Airport’s £500m redevelopment approved by DfT Sep 26, 2022 Riveroak Strategic Partners (RSP) has gained approval from the Department for Transport to move forward their bid to transform the former Manston Airport into a carbon net zero freight and passenger hub. The scheme will see the creation of new import/export facilities and an upgraded passenger terminal – in addition to key infrastructure improvements to […] Posted by: Nathan Spencer Read more
Former Newcastle Brown Ale brewery site acquired for leisure development Sep 26, 2022 The owner of the UK’s largest shopping centre – the MetroCentre in the North East – has acquires a 13-acre site adjacent to the shopping centre which they’re aiming to transform into a leisure attraction. The former Federation Brewery site, which used to brew Newcastle Brown Ale, has been acquired by ‘The MetroCentre Partnership’ – […] Posted by: Nathan Spencer Read more
Northstone submits plans for 74-sustainable homes in Lancaster Sep 26, 2022 Detailed plans for 74 sustainable new homes in South Lancaster have been submitted by North West-based homebuilder Northstone. Development of the land to the west of Scotforth Road (A6) was previously given the green light by Lancaster City Council in April 2021. The Northstone team has now submitted a reserved matters application – confirming the […] Posted by: Nathan Spencer Read more
Fiera Real Estate and Wrenbridge acquire 2.3-acre site for Grade A industrial scheme Sep 26, 2022 Fiera Real Estate (“FRE UK”) and Wrenbridge are pleased to announce the acquisition of a 2.3-acre site in Hemel Hempstead. The business plan is to obtain planning and speculatively develop a new 52,000 sq.ft Grade A industrial warehouse development with a GDV of £22m. The site was purchased through the Fiera Real Estate Logistics Development […] Posted by: Nathan Spencer Read more
Present Made receives approval for £160m Cambridge scheme Sep 26, 2022 Present Made, the UK’s first purpose-built and designed single-family rental housing platform, has secured planning committee approval for its debut development. Located in Eddington, Cambridge, the £160m GDV scheme has been designed by award-winning practice Jo Cowen Architects and will form a key part of the University of Cambridge’s North West Cambridge masterplan. The homes […] Posted by: Nathan Spencer Read more
Silbury Finance provides £74m loan to North Star for York residential scheme Sep 21, 2022 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £73.8 million senior debt facility to North Star Investment Management (“North Star”), Yorkshire’s premier creative property asset management company, to fund the development of a residential-for-sale scheme in York. The 30-month, 73% LTGDV facility is the largest loan Silbury has originated to date. […] Posted by: Nathan Spencer Read more
Supermarket Income REIT acquires four assets for £76.4m Sep 21, 2022 Supermarket Income REIT plc (LSE:SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK announces the acquisition of four supermarkets for a total purchase price of £76.4 million (excluding acquisition costs), reflecting a combined net initial yield of 5.1%. Acquired from different vendors, the purchases consist of two […] Posted by: Deividas Krupstas Read more
West Midlands Combined Authority invests £6.5m into brownfield industrial park Sep 21, 2022 Work has started on transforming another swathe of derelict brownfield land into a new industrial park following a £6.5m investment by the West Midlands Combined Authority (WMCA). Property developer St Francis Group has begun construction of a 113,000 sqft industrial unit in the Darlaston Enterprise Zone in Walsall, creating more than 195 new jobs. The […] Posted by: Nathan Spencer Read more
Clowes Developments sell prominent Coventry site for housing scheme Sep 21, 2022 Persimmon Homes have purchased a parcel of land from Clowes Developments with planning consent for residential development. Planning consent has been granted by the site’s local authority, Coventry City Council, with permission for 223 residential dwellings ranging in size from two to four-bedroom homes. There will also be 25% affordable housing made available for local […] Posted by: Nathan Spencer Read more
Digital Planning Reform: Is this what’s needed to fix the system, or does the system need to change to accommodate digital tools? Sep 13, 2022 By Luke Veillet, Principal Planner, Boyer (part of Leaders Romans Group Some time has now passed since the proposed ‘radical reform’ of the planning system was published in the Government’s White Paper Planning For the Future back in August 2020. Political and worldwide economic uncertainty, combined with some concern that communities’ input in the planning […] Posted by: Mya Driver Read more