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
New proposals submitted for Leeds city centre site Aug 19, 2022 On behalf of Urbanite, DLA Architecture and planning consultant Quod have submitted a new planning application for the prominent site that was formerly occupied by the Yorkshire Post in Leeds city centre. The highly visible landmark at the Wellington Street gateway to the city was demolished in 2014 and the site was cleared for redevelopment. […] Posted by: Nathan Spencer Read more
Plans for landmark York and North Yorkshire devolution deal revealed Aug 19, 2022 Long-awaited proposals for a landmark devolution deal to hand over key decision-making powers while bringing hundreds of millions of pounds of investment to York and North Yorkshire have been unveiled. The proposed 30 year devolution agreement would deliver funding for key policies and strategies, providing better roads and public transport, improving education and job opportunities, […] Posted by: Nathan Spencer Read more
Helmsley Group acquires prime York city centre building Aug 19, 2022 Property investment and development specialist Helmsley Group has purchased 2 Lendal, a Grade II listed detached building in central York, on behalf of its investor network. Currently home to two restaurants including national Italian restaurant chain Zizzi, and Nola, an independent restaurant serving Creole-influenced dishes, the building was purchased from a private investor for an undisclosed sum. Both Zizzi […] Posted by: Nathan Spencer Read more
Caddick submits plans for 2m sq ft Leeds city centre extension Jul 22, 2022 Plans have been submitted for a landmark new development in Leeds, which would create a vibrant community of new homes, offices, retail, leisure and community uses, as well as extensive green public open space within the emerging South Bank neighbourhood. The proposals, brought forward by Caddick Developments, the Yorkshire based developer behind a number of […] Posted by: Nathan Spencer Read more
Willmott Dixon Interiors expands into new Leeds office Jul 18, 2022 Willmott Dixon Interiors has continued its expansion in West Yorkshire with a move to a new office in the centre of Leeds. Willmott Dixon’s national fit-out and refurbishment specialist has invested in new office space at 7 Park Row, a short distance from City Square and Leeds Railway Station. The new premises will be shared […] Posted by: Nathan Spencer Read more
Harworth sells land in £39m to Barratt and David Wilson Homes Jul 8, 2022 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces two residential land parcel sales at its Waverley and Thoresby Vale developments to Barratt and David Wilson Homes, for a total consideration of £39 million. At Waverley in South Yorkshire, Harworth has competed a £29 million land sale which […] Posted by: Nathan Spencer Read more
Rolls Royce shortlists six sites for nuclear reactor factory Jul 8, 2022 Rolls-Royce has moved forward in their bid to develop new Small Modular Reactors (SMRs) across the UK by highlighting six locations where they may look to develop a new factory which builds nuclear reactors. The UK Government is looking to build 16 SMRs in the next 25 years – as the Government looks to enhance […] Posted by: Nathan Spencer Read more
Supermarket Income REIT acquires two assets in £83m deal Jul 8, 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 a Tesco superstore, M&S Foodhall and an Iceland in Chineham, Basingstoke, and the acquisition of an Asda supermarket in Carcroft, Doncaster, for a total purchase price of £82.9 million […] Posted by: Nathan Spencer Read more
Aldermore provides £16.5m to Citu for Sheffield housing scheme Jul 1, 2022 Aldermore has provided a £16.5m development finance loan to Citu for the next phase of its Kelham Central housing development in Kelham Island, Sheffield. The next phase of the development will be comprised of 68 additional low carbon homes, including a range of house types, plus two small commercial units. This marks the next chapter for […] Posted by: Nathan Spencer Read more
