National Highways announces multi-billion-pound road renewals programme framework Sep 17, 2021 National Highways today announced deals with 50 supply chain partners to carry out up to £3.6 billion worth of renewals to keep England’s motorways and major A roads running safely and smoothly. This work is awarded as part of the government-owned company’s brand new six-year Scheme Delivery Framework (SDF). The framework will enable the delivery of renewals across […] Posted by: Nathan Spencer Read more
CEG submits plans for £800m Garden Village project Sep 17, 2021 CEG has submitted a planning application to Brentwood Borough Council for a 225.75 hectare site which forms part of the Dunton Hills Garden Village. The application is in outline form to establish the principle of the development with the main accesses from the A128 Tilbury Road. The Garden Village is one of the first 14 […] Posted by: Nathan Spencer Read more
Weston Homes acquires £33m mixed-use development site from Aitch Group Sep 17, 2021 Leading developer Weston Homes has successfully acquired a 0.6-acre site on Caxton Road, Wood Green, with plans to create a new £33m (GDV) mixed-use residential-led development, benefitting from a host of local amenities and travel connections. Situated just 300 metres from Wood Green Underground Station and in close proximity to a wide range of facilities […] Posted by: Nathan Spencer Read more
Developer redrafts £1bn city centre masterplan to transform 36-acre site Sep 17, 2021 The developer behind one of the UK’s largest regeneration sites has gone back to the drawing board to redraft the £1bn masterplan ‘to meet the demands of a post-Covid world’. The design teams behind The Island Quarter in Nottingham have changed their plans for the 36-acre site to create more leisure space – enhanced green […] Posted by: Nathan Spencer Read more
£170m Truro regeneration project set for approval Sep 17, 2021 A £170 million scheme to redevelop a major part of Truro city centre with homes, a university centre, community buildings, hotel, restaurants and shops will go before councillors for a decision – with planning officers recommending the scheme for approval. Cornwall Council has submitted the outline planning application for the Pydar Regeneration Scheme which would […] Posted by: Nathan Spencer Read more
UK Commercial Property REIT acquires retail park in £33m deal Sep 17, 2021 UK Commercial Property REIT Ltd, which is managed and advised by Aberdeen Standard Investments and owns a diversified portfolio of high quality income-producing UK commercial property, announces that it has acquired Trafford Retail Park, near Manchester, from Peel L&P for £33 million. Constructed in 1999, the c. 12 acre site comprises approximately 143,000 sq ft […] Posted by: Nathan Spencer Read more
Valor acquires Birmingham warehouse as they continue UK growth strategy Sep 17, 2021 Valor Real Estate Partners, the pan-European urban logistics platform, has completed the acquisition of its first asset in Birmingham, as it looks to expand its footprint across key regional cities. Having amassed a c.£1bn UK portfolio predominantly focused in London, Valor is looking to selectively expand its regional footprint as it seeks to double the […] Posted by: Nathan Spencer Read more
Green light for two new Grade A office developments Sep 17, 2021 Wirral Growth Company has received planning approval for two new Grade-A office developments in Birkenhead, marking the first phase of its extensive regeneration masterplan. The announcement follows the recent approval of the formal site development plan for phase one of Birkenhead Town Centre’s masterplan, as well as the WiredScore Gold standard rating that the two […] Posted by: Nathan Spencer Read more
Glenbrook Investments expands Yorkshire portfolio with £6.7m purchase Sep 17, 2021 Glenbrook Investments has expanded its portfolio into Yorkshire with the acquisition of the freehold interest in Albion Court, Leeds for £6.7m, reflecting a net initial yield of 8.1%. NorthCap advised Glenbrook Investments on the acquisition. Albion Court, which is part-Grade II Listed and extends to 31,400 sq ft, provides a mix of leisure, retail and […] Posted by: Nathan Spencer Read more
Care home investor Target Healthcare REIT raises £125m in significantly oversubscribed share issue Sep 17, 2021 The Board of the Company is pleased to announce that it has successfully raised gross proceeds of £125 million through a significantly oversubscribed issue of new ordinary shares (“New Shares”) at 115 pence per New Share (the “Issue”). After careful consideration of the exceptionally strong level of support and quality of demand from investors in […] Posted by: Nathan Spencer Read more
