Savills IM acquires two single-family Build to Rent assets for £50m Jun 21, 2023 International real estate investment manager – Savills Investment Management (Savills IM) – completes the acquisition of two forward-funded single-family Build to Rent sites in the Midlands – both developed by Urban & Civic – for approximately £50m. Both acquisitions were off-market transactions, and the first in Savills IM’s Build to Rent portfolio. Savills IM worked with […] Posted by: Mya Driver Read more
Compulsory Purchase Order made to progress Cannock town centre regeneration Jun 21, 2023 As part of its £20 million Levelling Up Fund scheme to create a leisure and cultural hub in Cannock town centre, Cannock Chase Council has made a compulsory purchase order and is now issuing a legal `Notice of Making a Compulsory Purchase Order`. The notice, which is required to be published in one or more […] Posted by: Mya Driver Read more
‘New Garden Square’: a new Moda Living masterplan Jun 12, 2023 Moda are delivering a major new urban community with up to 1,600 homes and £6m of public realm at ‘New Garden Square’ in Edgbaston, Birmingham, as part of an emerging UK-wide masterplan strategy for the business. With this masterplan strategy, which is already underway at several sites across the UK, Moda will be delivering and […] Posted by: Mya Driver Read more
Major scheme nears decision Jun 6, 2023 Wigley Group’s plans to create a neighbourhood for living and work, culture and leisure in Coventry and form a major new link to city centre could become reality in the next few Weeks. Wigley have been masterminding the Daimler Wharf project to create this neighbourhood for the last five years – including 480 homes, a […] Posted by: Mya Driver Read more
iQ acquires and forward funds 1,209-bed PBSA development adjacent to the University of Warwick Jun 2, 2023 iQ Student Accommodation (iQ), one of the UK’s leading providers of student housing, which is 100% owned by funds managed by Blackstone, today announces it has agreed to forward fund Topland Vintage group, one of the largest privately owned investment groups in the UK, on the development of a 1,209-bed student accommodation and co-living campus […] Posted by: Mya Driver Read more
Glenstone purchases prominent industrial site in Birmingham Jun 2, 2023 Glenstone announce the purchase of a prominent industrial site located close to the M6, to the north-east of Birmingham City Centre. Comprising approximately 45,000 sq. ft., the unit is let in its entirety to E & S W Knowles & Company Ltd on a new 20-year FRI lease. Knowles are the UK’s leading manufacturer of […] Posted by: Mya Driver Read more
Get involved in public consultation event for Bilston health and wellbeing facility May 23, 2023 City of Wolverhampton Council is holding a community event on Thursday 25 May to consult on the exciting design for the development of a Bilston health and wellbeing facility. Local residents can view the latest design and talk to the project team near the entrance to Bilston Indoor Market on Church Street (WV14 0AX) between […] Posted by: Mya Driver Read more
Switch Hospitality to open new Aparthotel in Birmingham City Centre May 22, 2023 Switch Hospitality Management Ltd has revealed details of Birmingham’s Royal Angus Hotel redevelopment, with the new ‘Aparthotel Birmingham’ located in Snowhill set to launch this autumn. Acquired by SevenCapital in August 2020, the 92,000 sq ft site will be managed by Switch Hospitality as part of its growing asset management portfolio, which includes its flagship […] Posted by: Mya Driver Read more
Blackfinch boosts Birmingham restaurant with £1.3m commercial refinancing deal Apr 25, 2023 Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed a £1.3m commercial refinancing loan for a popular Birmingham restaurant. The 24-month deal will help to secure the future of the restaurant, a much-loved part of the community in Sparkhill, a suburb around three miles from Birmingham City Centre. Blackfinch Property, […] Posted by: Mya Driver Read more
British Business Investments commits £15m to CrowdProperty Apr 18, 2023 British Business Investments today announces it has committed £15m to CrowdProperty, the Midlands-based specialist property development lender. This investment will help increase access to finance for small and medium sized housing developers and will support more housebuilding. British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, aims to increase the supply and […] Posted by: Mya Driver Read more