L&G to invest £350m into Bristol Temple Island creating new urban quarter Jun 22, 2021 Legal & General has announced that it has agreed terms with Bristol City Council to invest £350m into Bristol Temple Island, transforming the disused site into a vibrant new urban quarter. With a focus on social inclusion through affordable housing, training and employment opportunities, Temple Island will support the city’s plans to build back better […] Posted by: Nathan Spencer Read more
Urban & Civic named master development partner for £500m urban extension Jun 22, 2021 Hertfordshire County Council has selected Urban&Civic as the master developer for the £500m Baldock North Urban Extension Project. Urban&Civic will work in partnership with Hertfordshire County Council to deliver up to 3,300 homes together with commercial uses and associated infrastructure, including new schools and a country park. Its proposal provides for the delivery of strategic […] Posted by: Nathan Spencer Read more
British Land gives green light to Phase 2 of Aldgate Place development Jun 22, 2021 British Land is pleased to announce that it has committed to Phase 2 of Aldgate Place, a 136,000 sq ft residential led, mixed use scheme located on the City fringe. The building will comprise 159 premium Build to Rent apartments, 19,000 sq ft of best-in-class office space and 8,000 sq ft of retail and leisure […] Posted by: Nathan Spencer Read more
GLP upsizes European Development Fund, targeting £3.5bn in assets under management Jun 22, 2021 GLP announced today a strategic expansion in size and scope of GLP Continental Europe Development Partners I. GLP and its partners Canada Pension Plan Investment Board (“CPP Investments”) through its wholly owned subsidiary, CPP Investment Board Europe S.à r.l., and QuadReal Property Group (“QuadReal”) have agreed to expand the investment capacity of GLP CDP I, […] Posted by: Nathan Spencer Read more
McDonald’s in major UK investment drive – with 50 new outlets Jun 22, 2021 Global good giant McDonald’s has said they’re looking to heavily invest in the UK – opening 50 new outlets whilst looking to fill 20,000 roles in a major employment boost. With 1,400 outlets and 130,000 staff already on their books across the UK, the firm are now readying for the re-opening of the economy after […] Posted by: Nathan Spencer Read more
Silbury Finance provides £54m of funding for three residential developments Jun 22, 2021 Silbury Finance, the recently launched development lender backed by Oaktree, has agreed to provide MCR Property with two senior loans, totalling £51 million, to fund the development of two residential schemes, in High Wycombe and Rochester. Along with a third, £3 million loan, to support a development in Stoke Newington, the transactions take Silbury Finance’s […] Posted by: Nathan Spencer Read more
Monument Real Estate secures debt finance from M7 Capital for Newcastle purchase Jun 22, 2021 Monument Real Estate, a regional real estate investor and asset manager, has secured debt of over £5 million from M7 Capital, a full-service real estate debt specialist, for its purchase of 1- 2 Cathedral Square, a mixed-use building in the heart of Newcastle. Monument acted on behalf of a major private equity fund and consortium […] Posted by: Nathan Spencer Read more
Planning application submitted for new neighbourhood Jun 22, 2021 Ebbsfleet Development Corporation has submitted a planning application to redevelop an area of land into a new neighbourhood. The EDC is seeking to turn the land, in Grove Road in Northfleet, into a quality new neighbourhood of up to 320 new homes with commercial and community space. The proposed development would provide affordable homes, homes for […] Posted by: Nathan Spencer Read more
Lower Essex Ltd reveal plans for 642-apartment scheme in Birmingham Jun 22, 2021 Lower Essex Ltd – a subsidiary of Apsley House Capital and Galliard Homes. Plans for a huge residential scheme in Birmingham that could reach almost 100 metres high have been revealed. Lower Essex Limited wants to build 642 apartments across three blocks at the junction of Lower Essex Street and Hurst Street. The buildings would […] Posted by: Nathan Spencer Read more
Jeff Bezos backed firm plans £290m nuclear fusion demonstration plant in Oxfordshire Jun 22, 2021 Canada’s General Fusion – one of the leading private firms aiming to turn the promise of fusion into a commercially viable energy source – is set to build a large-scale nuclear fusion demonstration plant in Oxfordshire. The firm, backed by Jeff Bezos, are aiming to build at Culham – home of the UK’s national fusion […] Posted by: Nathan Spencer Read more
