Thirdi Group Takes on £150 Million Office-to-Residential Conversion Project on London’s River Thames Jul 28, 2023 Australian property developer Thirdi Group has embarked on a challenging office-to-residential conversion venture, acquiring a commercial tower on London’s River Thames to create luxury apartments. The 4375sq m Westminster Tower office building is set to undergo a remarkable transformation into a residential tower, featuring 28 apartments, including three whole-floor penthouses, and 25 two and three-bedroom […] Posted by: Mya Driver Read more
Places for People Embarks on Ambitious Multi-Million-Pound Property Revamp Jul 28, 2023 Places for People, a prominent social housing organisation, has unveiled plans for an extensive property refurbishment project worth millions of pounds. The initiative, which spans four years, will focus on enhancing the organisation’s portfolio in the North East. The organisation, which boasts a wide range of rental properties across the region, is committed to delivering […] Posted by: Mya Driver Read more
Gorbals District in Glasgow Prepares for Major Transformation Jul 28, 2023 In a significant development, two towering residential blocks in Glasgow’s Gorbals district are slated for demolition due to fire safety concerns. The New Gorbals Housing Association (NGHA) has initiated the process of relocating residents from the 276 flats located at 305 and 341 Caledonia Road. The decision to demolish the buildings was taken following a […] Posted by: Mya Driver Read more
Phoenix Group and Macquarie Asset Management Provide £58m Funding for Affordable Housing Jul 28, 2023 Phoenix Group, the UK’s largest long-term savings and retirement business, has provided a £58 million long term financing package, arranged by Macquarie Asset Management, to support a joint venture between Bromley Council and Pinnacle for the planned acquisition of more than 200 affordable homes. The financing features a 55-year inflation linked loan and will enable London’s […] Posted by: Mya Driver Read more
Frasers group boss to bid £50m for Yorkshire outlet shopping centre Jul 28, 2023 Retail tycoon Mike Ashley has proposed a nearly £50 million bid to purchase an outlet shopping centre in Yorkshire, signifying his most recent venture into the retail property sector. The billionaire, who owns Frasers Group, has made the bid for Junction 32, situated just off the M62, near Castleford. The shopping centre, spanning 250,000 square […] Posted by: Mya Driver Read more
Aberdeen brownfield development opportunity Jul 28, 2023 Shell, the oil giant, is planning to demolish its office complex located in Aberdeen’s Tullos industrial estate. The extensive campus, which includes a range of buildings constructed between 1973 and 1992, is now vacant following Shell’s move to the city centre. The buildings, deemed unsuitable for sustainable reuse due to their age, construction, and floor […] Posted by: Mya Driver Read more
Anticipated Demolition: Bridgend Council to approve town centre campus Jul 28, 2023 The Bridgend Council’s Cabinet is preparing to approve the transfer of the old Bridgend police station and Cheapside multi-story car park to Bridgend College. This move comes in anticipation of the construction of a new town centre campus. The police station has already been demolished, but the demolition of the Cheapside multi-story car park is […] Posted by: Mya Driver Read more
Hopkins Homes submits plans for 246 new homes at Beaulieu, Chelmsford Jul 28, 2023 East Anglia’s largest privately-owned housebuilder, Hopkins Homes, has submitted a reserved matters application to provide a 246-home development at Beaulieu, in Chelmsford, Essex. The development will offer a range of homes to suit all buyers, from one-bedroom apartments through to five-bedroom detached houses, along with 67 affordable homes and a small retail centre. The new […] Posted by: Mya Driver Read more
Humber Freeport launches with ambition to generate huge investment and over 7,000 jobs Jul 20, 2023 Humber Freeport has launched with a mission to drive hundreds of millions of pounds of investment and at least 7,000 new jobs. The freeport will harness the unique potential and location of the Humber to stimulate economic growth, skills development and inward investment in both established and emerging industries. Huge opportunities to build on the […] Posted by: Mya Driver Read more
New appointments to guide the next phase of delivery led by Wales’ publicly owned renewable energy developer Jul 20, 2023 The Welsh Government has appointed industry experts to its Renewable Energy Developer (RED) Programme, responsible for delivering environmental assessments for several significant renewable energy projects across Wales. The RED Programme will develop wind projects on publicly owned land, supporting the Welsh Government’s commitment to renewable generation delivering tangible benefits to Wales, leading the way in […] Posted by: Mya Driver Read more