Growing UK carbon capture sector eyes £41bn investment by 2030 Jul 23, 2021 Capital investment in carbon capture utilisation and storage (CCUS) projects in the UK could reach £41bn by the end of the decade, opening up a huge opportunity to rapidly develop a strong domestic supply chain that can support UK jobs and economic growth, a new industry report today argues. The Carbon Capture and Storage Association […] Posted by: Nathan Spencer Read more
New Innovation Strategy aims to help UK win the global innovation race Jul 23, 2021 Long-term plan to boost private sector investment across the UK and create the right conditions for all businesses to turn world-leading science into new products and services Business Secretary Kwasi Kwarteng: ‘The countries that secure leadership in transformational technologies will lead the world – it’s our job to ensure the UK keeps pace with the […] Posted by: Nathan Spencer Read more
Hundreds of homes approved at Ebbsfleet Garden City Jul 23, 2021 The first custom build homes have been approved for Ebbsfleet Garden City. Westerhill Homes saw its plans for 67 new homes approved by Ebbsfleet Development Corporation’s planning committee tonight (WED). The homes will be built in the centre of Whitecliffe, in Alkerden Village, close to the Fastrack route, education campus and local shops. Options will […] Posted by: Nathan Spencer Read more
Great Portland Estates publishes Sustainable Finance Framework linked to £450m credit facility Jul 23, 2021 GPE publishes its Sustainable Finance Framework Great Portland Estates plc announces that it has published a Sustainable Finance Framework in respect of potential future debt issuance. The publication of the Framework follows the Group’s innovative £450 million ESG-linked revolving credit facility (the first of its kind issued by a UK REIT) in January 2020. The […] Posted by: Nathan Spencer Read more
GLP announces a further 2.3m sq ft of speculative development Jul 23, 2021 GLP, a leading investor and developer of logistics buildings and warehouses, has today announced plans to speculatively develop a further 2.3M sq ft of logistics warehousing space at strategic sites across the UK. The sites include: Mammoth 602 –a 602,000 sq ft logistics/warehouse unit at G-Park Doncaster situated directly off junction 4 of the M18. […] Posted by: Nathan Spencer Read more
Starwood secures £13.5m for Belfast hotel and offices Jul 23, 2021 Starwood European Real Estate Finance Limited and its subsidiaries (“the Group”), a leading investor originating, executing and managing a diverse portfolio of high-quality real estate debt in the UK and Europe, has successfully closed a three year £13.5 million floating rate loan secured by a freehold, consisting of a 38k square foot, fully let office […] Posted by: Nathan Spencer Read more
Legal & General Modular Homes partners with Town & Country Housing to acquire new site Jul 23, 2021 Legal & General Modular Homes announces that it has partnered with Town & Country Housing to acquire a site in Broadstairs, Thanet, Kent, for the development of 153 modular homes. Together with its schemes in Selby, Bristol and North Horsham, this latest success brings Legal & General Modular Homes’ pipeline to 670 new homes. It […] Posted by: Nathan Spencer Read more
RE Capital secures planning consent for 78,000 sq ft London scheme Jul 23, 2021 RE Capital, the pan-European investment, development and asset management company, has secured a resolution to grant planning consent from Westminster City Council for its 78,000 sq ft flagship mixed-use destination development, Greycoat Stores in Victoria, London. Located at 10 Greycoat Place, the approved plans will see the former Victorian warehouse building repositioned to deliver 69,000 […] Posted by: Nathan Spencer Read more
BAM appointed to fit-out HMRC scheme in Manchester Jul 22, 2021 BAM North West team has been appointed by HMRC to fit-out the new UK Government Hub at 3 New Bailey, which will become home for some 2,000 staff during next year. BAM’s CAT B fit-out of the seven-storey state-of-the-art regional centre totals 20,500m2, and spans across all seven floors including the building’s roof. With a […] Posted by: Nathan Spencer Read more
Resident Hotels secures new hotel development in Edinburgh Jul 22, 2021 Resident Hotels secures The Resident Edinburgh Mactaggart Family & Partners (“MF&P”) has exchanged contracts to purchase the latest location and project for Resident Hotels, The Resident Edinburgh, which is due to open in 2024 after a full repositioning of the building. The 166-room property will take the group’s UK portfolio up to six hotels and […] Posted by: Nathan Spencer Read more
