Investigation works planned for Aberdeen City Centre Masterplan Apr 18, 2023 Investigative works are to start next week on the central section of Union Street as part of one of the major projects in the City Centre Masterplan (CCMP). Four trial holes are to be made in the road and pavement to check what services and ducts are underneath the surface before work is due to […] Posted by: Mya Driver Read more
The completion of the 5,000th build-to-rent home by PRS REIT plc solidifies its position as the UK’s largest single-family build-to-rent portfolio Apr 18, 2023 The PRS REIT, the closed-ended real estate investment trust that invests in high-quality, new build, family homes in the private rented sector (“PRS”), is pleased to announce the completion of its 5,000th build-to-rent home. The Company is delighted to report that its 5,000th rental home has now been built. This has helped to take the […] Posted by: Mya Driver Read more
Nuveen Real Estate’s European Value Add Strategy acquires high-quality UK self-storage portfolio from Easistore Apr 18, 2023 Nuveen Real Estate, one of the largest investment managers in the world, announces that it has acquired a high-quality self-storage portfolio in the UK, from Easistore, on behalf of its European Value Add strategy. Nuveen will partner with one of the UK’s leading operators, Storage King, to leverage their operational expertise. The vendor was advised […] Posted by: Mya Driver Read more
PfP Capital and Housing Growth Partnership launch £390 million joint venture to deliver 1,200 sustainable homes across regional city communities Apr 18, 2023 PfP Capital, the social value and ESG-focused real estate fund manager, and Housing Growth Partnership (“HGP”), an equity investor with a social impact remit backed by Lloyds Banking Group, have announced a joint venture (“JV”) which will deliver residential-led, urban communities across the UK. Targeting the construction of up to 1,200 highly sustainable homes, with […] Posted by: Mya Driver Read more
UK BTR investment exceeds £1.1bn in Q1 as rental demand soars Apr 18, 2023 BNP Paribas Real Estate initial data has revealed that investment into UK Build-To-Rent has exceeded £1.1bn so far in Q1 2023, demonstrating the investor appetite for opportunities across the sector as rental demand increases amid first time buyer affordability challenges, which have been further exacerbated by the likes of the removal of Help-to-Buy and the […] Posted by: Mya Driver Read more
Telford Homes and Notting Hill Genesis secure £66m forward commitment to deliver build-to-rent homes in London’s Royal Docks Apr 17, 2023 Telford Homes, Notting Hill Genesis and London BTR Investments Limited (a joint venture between EQT Exeter and Sigma Capital Group), are pleased to announce that they have exchanged on a £66 million forward sale of the Build-to-Rent (BtR) element of the Gallions Quarter Phase 2B site at Royal Albert Wharf, in the Royal Docks. Units […] Posted by: Mya Driver Read more
Planning application submitted for £12m, 41,200 sq ft urban logistics development in Chichester, West Sussex Apr 17, 2023 Developer Chancerygate has submitted plans to speculatively build 41,200 ft of Grade A urban logistics and industrial space in Chichester, West Sussex. The proposed scheme will comprise four leasehold units ranging from 6,200 sq ft to 12,300 sq ft. The projected gross development value is around £12m. The 1.9-acre site, which was formerly a Southern […] Posted by: Mya Driver Read more
Secure Trust Bank expand PBSA portfolio with £6m refinancing of Volume.Property’s new build Apr 17, 2023 A new Purpose-Built Student Accommodation (PBSA) in Central Birmingham has been refinanced by Secure Trust Bank (STB) Real Estate Finance with a £6m investment property loan. Bridge Street Studios is a 70-studio apartment development, developed and managed by Birmingham-based Volume.Property, who specialise in student, Build to Rent and co-living properties. The deal for Bridge Street […] Posted by: Mya Driver Read more
Maggie Grogan promoted to Midlands MD at Muse Apr 12, 2023 Maggie Grogan, development director at nationwide placemaker, Muse, has been promoted to Managing Director – Midlands, in recognition of her major contribution to both the business in the North West and its growth in the Midlands. Muse’s involvement in the Midlands region has accelerated in the past six months, after being named the development partner […] Posted by: Mya Driver Read more
Ben Houchen kicks off major plan to attract millions in investment to Gresham Apr 12, 2023 The Tees Valley Mayor, Ben Houchen, is pleased to announce the launch of the Middlesbrough Development Corporation’s first procurement process – to regenerate Gresham, a derelict brownfield site in the heart of Middlesbrough town centre. This marks the first major project of many that will transform the town, creating jobs and opportunities for local businesses […] Posted by: Mya Driver Read more
