BWP REIT PLC has raised £35m for Leeds property Nov 18, 2022 BWP REIT PLC has raised £35m and will list on the IPSX, the world’s first regulated exchange for single asset real estate companies. The listing also shows how IPSX as a public market can be used as a force for good and a new capital markets option – in this case solving a cladding issue […] Posted by: Nathan Spencer Read more
Thrive Homes acquires over 500 homes from L&Q in Eastern England Nov 18, 2022 Thrive Homes, a leading professional landlord across Hertfordshire, Bedfordshire, Buckinghamshire and Oxfordshire, today [Monday 14th November 2022] announces the acquisition of over 500 homes, more than 400 of which are affordable, from L&Q, one of the UK’s largest charitable housing associations. Following a period of stock rationalisation, L&Q has been looking into how residents in […] Posted by: Nathan Spencer Read more
Prime Edinburgh residential development sites for sale Nov 18, 2022 Five sites at Western Harbour and three sites at Granton have been put up for sale in Edinburgh. The sites are considered to have high strategic value due to the potential for scaled residential development at a time when the city desperately requires more housing choice. The five waterfront residential development sites at Western Harbour […] Posted by: Nathan Spencer Read more
Plans for 1.35 million square foot of employment space in Warrington unveiled Nov 18, 2022 First phase redevelopment plans for the former Fiddler’s Ferry Power Station in Warrington launch today which will unlock over 2,100 jobs and address a long-term shortage of modern employment space in the area. Peel NRE, which acquired the decommissioned coal-fired power station in July, is consulting on proposals to demolish and develop the initial 90 […] Posted by: Deividas Krupstas Read more
Puma Property Finance commits £33m funding to build three new care home developments and address growing demand in regional areas Nov 18, 2022 Puma Property Finance (Puma) has today announced it is providing over £33m of development funding to finance three separate care homes in Oxfordshire, West Sussex and Cambridgeshire, in its continued support for the care sector. In Oxfordshire and West Sussex, one care home operator will lead the development of both sites, creating spacious ensuite bedrooms, […] Posted by: Nathan Spencer Read more
Sancus gives £10.95 million development loan for residential project Nov 18, 2022 Sancus Lending Group has provided a £10.95 million loan for Bowsfield, an All Saints Developments’ scheme for high spec homes in Norfolk. The 67% loan to gross development value (LTGDV) loan over a 24-month term is Phase 2 of the overall development, enabling the development of 22, mainly detached three, four and five-bedroom residential houses […] Posted by: Nathan Spencer Read more
Developer secures extra £10m funding for eco-friendly retirement village Nov 18, 2022 An eco-friendly village for over-55s, in Burnham-on-Crouch, Essex, is set to grow further following the developer’s securement of an additional £10m of funding for the project from Shawbrook. The new finance will support the expansion of the first part of Burnham Waters by an additional 19 bungalows, taking the total for this phase to 63 […] Posted by: Nathan Spencer Read more
Hines and Clowes expand venture to develop 1.15m sq ft of best in class logistics space Nov 18, 2022 Hines, a global real estate investment, development, and property manager, in response to continued demand from global occupiers, continues to grow its logistics development presence in the UK and Europe via the expansion of its joint venture with Clowes, the UK property investor and developer, to develop a total of 1.15 million square feet (107,000 […] Posted by: Nathan Spencer Read more
Weston homes announces £500m land acquisition drive in order to further expand £2.13bn pipeline portfolio of over 7,500 new homes Nov 18, 2022 Weston Homes, the leading volume housebuilder, has announced plans to invest up to £500 million in strategic land acquisitions over the coming five years, buying new homes sites across outer London and the South East in order to further expand the company’s existing £2.13 billion portfolio of pipeline developments, which will deliver over 7,500 new […] Posted by: Nathan Spencer Read more
Webster Family, owners of the Seventy Ninth Group, launches £100m Private Equity Fund Nov 18, 2022 The Seventy Ninth Private Equity Fund, which is an Experienced Investor Fund specialises in the purchase and redevelopment of distressed assets, across a variety of sectors within the UK property market and will enable experienced investors from around the world to have hands-off access to lucrative UK property investments. It is the first investment option […] Posted by: Nathan Spencer Read more
