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
Property firm aquires Leaming trade park Apr 5, 2023 A Warwickshire property company has completed the biggest investment deal in its history by acquiring an opportunity on its doorstep. AC Lloyd Commercial has acquired The Shires Gate Trade Park for an undisclosed seven-figure sum. The Shires Gate Trade Park in Tachbrook Park Drive, Leamington, was previously owned by the Canal & River Trust. The […] Posted by: Mya Driver Read more
Harrison Street, Apache Capital and NFU Mutual Expand Joint Venture Portfolio with Moda Living in UK’s Largest Regional Build-to-Rent Deal Apr 5, 2023 Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with approximately $55 billion in assets under management has expanded its build-to-rent (“BTR”) joint venture (“JV”) with UK investment manager Apache Capital (“Apache”) and NFU Mutual to fund Moda Living’s Great Charles Street, a 722-home BTR development in Birmingham, UK. […] Posted by: Mya Driver Read more
Burley Browne announces new build warehouse/industrial opportunities in Birmingham totalling just over 51,000 sq ft Mar 30, 2023 Phase 1 of the development comprises two blocks of modern high spec units; Block A provides units from 5,000 sq ft – 20,000 sq ft and Block B extends to provide units from 9,000 sq ft – 31,000 sq ft. The development is well on the way and is due to be delivered from April 2023. Brief specification includes: Posted by: Mya Driver Read more
Murdoch and Pitman buildings to get a regal makeover Mar 29, 2023 MP DevCo Ltd has acquired the Murdoch Chambers and Pitman Building on Birmingham’s Corporation Street. The development company – a joint venture between Regal Property Group and Trigram Properties – has bought the Grade II* listed buildings from Birmingham City Council, facilitated by a £4.5m bridging loan from The Harrogate Group. The JV partners have planning […] Posted by: Mya Driver Read more
Oxley health & wellbeing facility and homes receive planning approval Mar 24, 2023 A major milestone has been reached with City of Wolverhampton Council planning committee granting outline planning approval for construction of a new health & wellbeing facility and neighbouring homes in Oxley. The modern health & wellbeing facility and new homes will sit on the site of the former Oxley Day Training Centre. A feasibility study for […] Posted by: Mya Driver Read more
Planning application is in for final phase of Worcester’s Arches regeneration Mar 23, 2023 The planning application to demolish a former take-away in Foregate Street, creating a new walking and cycling route to The Arches – Worcester redevelopment, has been submitted. Planning permission is being sought to demolish the old Jacq’s take-away and create a new pedestrian route along the city’s refurbished Victorian railway arches, which are already home […] Posted by: Mya Driver Read more
Henry Boot exchanges on land for planned 2400 homes in Coventry Mar 17, 2023 Henry Boot’s land promotion and planning business, Hallam Land Management (HLM), announces that it has exchanged on the sale of a 250-plot 31-acre site in Eastern Green, Coventry to mixed-tenure developer Countryside Partnerships. Eastern Green comprises a Sustainable Urban Extension on the west side of Coventry. The 31-acre site, contracted under a Planning Promotion Agreement […] Posted by: Mya Driver Read more
Unique partnership will see thousands of homes built in Stoke-on-Trent in the next decade Mar 17, 2023 Thousands of new homes are set to be built in Stoke-on-Trent over the next 10 years, thanks to a ground-breaking partnership with Homes England. Last year, Stoke-on-Trent City Council announced a landmark agreement with the government’s housing agency which outlined a commitment to working together on a comprehensive housing delivery plan for the city. Now […] Posted by: Mya Driver Read more
New powers and £1.5 billion investment from Deeper Devolution Deal will deliver jobs, housing and economic growth across the West Midlands Mar 17, 2023 The West Midlands Combined Authority (WMCA) has negotiated a new Deeper Devolution Deal securing wide ranging new powers and a budget windfall in excess of £1.5 billion to level up the region. Under the Deeper Devolution Deal – announced by Government in today’s Spring Budget – the WMCA has secured new and significant longer-term funding […] Posted by: Mya Driver Read more
