Converting Commercial to Residential under new Class Use MA. What you need to know for heritage buildings Sep 15, 2021 With the aim of revitalising run-down town centres, and as part of a range of wider planning changes, the government is allowing commercial and office space to be converted to residential use with fewer planning obstacles (in the form of Class MA – from a use falling within Class E (commercial, business and service) to […] Posted by: Nathan Spencer Read more
Royal Borough of Greenwich announces housing development partner on Woolwich Leisure Centre Scheme Sep 9, 2021 More affordable homes come a step closer in Woolwich as the council names The Hill Group as development partner on its Woolwich Leisure Centre Scheme. The Council is investing in a brand-new state-of-the-art leisure centre fronting General Gordon Square in the heart of Woolwich town centre. This will offer a wide range of facilities, including […] Posted by: Nathan Spencer Read more
Report shows logistics sector continues to flourish in the UK Sep 9, 2021 Rents are rapidly increasing in secondary prime locations and smaller logistics units continue to dominate take-up, according to the latest research from global real estate advisor, CBRE. According to CBRE’s report, there have been increases in prime rents across all regions over the last five years, however the largest increases have been in secondary prime […] Posted by: Nathan Spencer Read more
Birmingham-based property investor announces a new lease and doubling of footprint at its Midlands Business Park Sep 9, 2021 Birmingham-based regional property investor, Colmore Capital, has secured a new lease at its Quartz Point Business Park in Solihull to current tenant and building services provider Briggs & Forrester Group. Well established as a leader in the building services industry, Briggs & Forrester Group provides a range of engineering design, consulting, installation, and maintenance services […] Posted by: Nathan Spencer Read more
Muse Developments and Travelodge announce deal for new hotel at Forge Island Sep 9, 2021 Major hotel brand, Travelodge, has exchanged a long-term deal with the UK’s leading town and city-centre regenerator, Muse Developments and Rotherham Council, to become the latest anchor occupier at Rotherham’s Forge Island, which will see a new 69-room hotel delivered in the heart of Rotherham town centre, as part of the area’s wider repurposing and […] Posted by: Nathan Spencer Read more
Planning submitted for extension to Cordia Blackswan’s leading BTR development Sep 9, 2021 Birmingham-based property developer, Cordia Blackswan, has submitted a planning application for an extension to their leading BTR development, The Lamp Works. Located on the site of a former textile and furniture factory and close to popular Jewellery Quarter pub the Lord Clifton, The Lamp Works is a residential led mixed-use scheme, providing a mix of […] Posted by: Nathan Spencer Read more
Historic England’s Chief Executive talks collaboration, sustainability and how they’re aiding the Build Back Better agenda Sep 9, 2021 Historic buildings have a crucial role to play in the Build Back Better and Net Zero agendas. These buildings are unique. They hold memories and history – and most importantly, they hold a major opportunity. We’ve been speaking exclusively with Historic England’s Chief Executive Duncan Wilson on the importance of preserving the UK’s historical assets, […] Posted by: Nathan Spencer Read more
Student-led mixed-use scheme plans approved, with former Debenhams store set for revamp Sep 9, 2021 Orchard Street IM, the specialist commercial property investment manager, has announced that it has received planning permission from Leeds City Council to transform the former Debenhams store on Briggate, Leeds, into a new mixed-use asset. The development will see the former department store repurposed to provide 124 high-quality studio apartments while the basement, ground and […] Posted by: Nathan Spencer Read more
LondonMetric spends £35m on three urban logistics warehouses Sep 9, 2021 LondonMetric Property has announced the acquisition of three urban logistics warehouses for £35.4 million in separate transactions, reflecting a blended NIY of 4.4% and a reversionary yield of 4.9%. The properties generate a rent of £1.7 million p.a. with 83% of the income benefiting from RPI or CPI linked rent review. The warehouses have a […] Posted by: Nathan Spencer Read more
Housing firm Stonewater announces £250m sustainability bond to help deliver 6,250 new homes Sep 9, 2021 Leading housing provider, Stonewater, has successfully issued a £250m sustainability bond that will support its plans to deliver 6,250 homes by March 2024. The sustainability bond, which was issued using Stonewater’s newly established Note Programme and is ESG-accredited, will also help meet other key targets and strategies to reduce net carbon emissions and support Stonewater’s […] Posted by: Nathan Spencer Read more
