Octane finalises £11 million loan for 120 units Jul 20, 2023 Octane Capital has successfully closed an £11 million funding arrangement for the remaining 120 units of a larger development comprising 213 units across Aylesbury and Maidenhead. The borrowers were nearing the end of their existing financing agreements and intended to both rent out and sell some of the remaining units. Octane Capital provided two flexible […] Posted by: Mya Driver Read more
£2.5bn Salford Crescent scheme plans submitted Jul 20, 2023 The first phase of the £2.5 billion Salford Crescent scheme, known as Crescent Innovation North, has been planned. This phase will introduce up to 933 new homes and 1.7 million square feet of commercial and academic space. Julian Stott, Development Director at ECF, expressed that the vision for Crescent is unique and they are working […] Posted by: Mya Driver Read more
United Utilities Initiates £5.5 Billion Significant Project Tender Competition Jul 20, 2023 United Utilities, a water company in the North West, has initiated a significant project bid race, with an estimated value of £5.5 billion. The company’s AMP8 and AMP9 investment plans are expected to be considerably larger than in previous years. To manage the increased workload, United Utilities has developed a model consisting of five delivery […] Posted by: Mya Driver Read more
Grosvenor kicks off £35m regional office refurbishment drive Jul 20, 2023 Grosvenor has started a £35m capital investment programme to transform its regional office portfolio into leading low carbon workspaces. Built up over the past two years, Grosvenor’s 500,000 sq. ft. regional office portfolio comprises seven offices in Manchester, Birmingham, Bristol and Leeds. Grosvenor is now repositioning them to provide best in class occupier experience and significantly enhanced environmental performance. The most extensive refurbishment is happening at 134 Edmund Street in Birmingham. The year-long programme of works includes upgrading the building’s heating and […] Posted by: Mya Driver Read more
Plan for sustainable aviation fuel plant announced for Tees Valley Jul 20, 2023 Proposals for the first sustainable aviation fuel refinery of its kind in the North East have announced for the Tees Valley. Global aviation services group and aircraft leasing firm Willis Lease Finance Corporation (WLFC) and its subsidiary Willis Sustainable Fuels (UK) Limited are advancing plans for a commercial scale Sustainable Aviation Fuel (SAF) facility on […] Posted by: Mya Driver Read more
Plans revealed for revamp of route to Worcester’s Riverside Jul 20, 2023 Details have been revealed of plans for a revamp of St Andrew’s Gardens in Worcester, close to the city’s historic Cathedral, aimed at creating an appealing new route between high street shops and the Riverside Park. A report to Worcester City Council’s Place and Economic Development Committee reveals that the gardens, once the site of […] Posted by: Mya Driver Read more
Cheyne Capital Secures Two New Local Authority Pension Funds for Impact Real Estate Strategy Jul 20, 2023 Greater Manchester Pension Fund and South Yorkshire Pensions Authority have joined the London Borough of Newham as the latest Local Government Pension Schemes (LGPS) committing to Cheyne Capital’s Impact Real Estate strategy. Cheyne Impact Real Estate specialises in building high quality housing both for general needs and specialist purposes. Within its projects, a significant proportion […] Posted by: Mya Driver Read more
UKREiiF: Why We’re Measuring Social Value Jul 20, 2023 By Fahmida Nisa, Project Manager at UKREiiF “That’s definitely a first for us”. This was the reply we got when approaching social value measurement experts Loop as we looked to understand how we could measure and evidence the social impact UKREiiF was going to have. We think it might even be a UK first: measuring […] Posted by: Fahmida Nisa Read more
BR Properties Ltd expands operations with funding from Cynergy Bank Jul 20, 2023 BR Properties Limited is ready to take the next steps in its business development plan, helped by a £1.3m refinancing deal from Cynergy Bank. Based in Newcastle upon Tyne, BR Properties Limited drew down the funding on a fixed rate loan to expand their portfolio of properties, including several residential buy-to lets, with confidence in […] Posted by: Mya Driver Read more
BR Properties Ltd expands operations with funding from Cynergy Bank Jul 14, 2023 BR Properties Limited is ready to take the next steps in its business development plan, helped by a £1.3m refinancing deal from Cynergy Bank. Based in Newcastle upon Tyne, BR Properties Limited drew down the funding on a fixed rate loan to expand their portfolio of properties, including several residential buy-to lets, with confidence in […] Posted by: Mya Driver Read more
