Tritax Symmetry gain approval for 1m sq ft scheme Jun 14, 2021 Plans for a one million sq ft development at Symmetry Park in Knowsley have been backed, with Tritax Symmetry securing the approval. The hybrid application included detailed consent for a 160,000 sq ft logistics facility together with outline backing for up to 835,600 sq ft of storage and distribution space and offices. The latter element […] Posted by: Nathan Spencer Read more
PineBridge Benson Elliot in £190m Sigma takeover deal Jun 14, 2021 Sigma Capital Group, the Edinburgh-based residential development and urban regeneration specialist, has been acquired by pan-European private equity specialist PineBridge Benson Elliot in a deal that values the group at £188.4 million. Each Sigma shareholder will be entitled to receive 202.1p in cash, representing a 35.6% premium to the closing price of 149p per Sigma share […] Posted by: Nathan Spencer Read more
Grainger plc acquires Newcastle PRS asset for £57m from Moorfield Real Estate Jun 14, 2021 Grainger plc, the UK’s largest listed residential landlord with 9,109 operational rental homes and a further 8,851 in its £2.1bn pipeline, has acquired The Forge, a stabilised income producing Build-to-Rent (“BTR”) asset comprising 283 rental apartments and a ground floor commercial unit via a corporate acquisition for c.£57m from Moorfield Real Estate Fund III. This […] Posted by: Nathan Spencer Read more
Target Healthcare REIT makes £33m acquisition of two sites Jun 14, 2021 Target Healthcare, the UK listed specialist investor in modern, purpose-built care homes, announces that it has completed the acquisition of an established luxury care home in Scotland and has also acquired a site in Buckinghamshire and contracted to forward fund the subsequent development of a pre-let care home. The total investment for the completed homes […] Posted by: Nathan Spencer Read more
£12m funding deal secured for new Brixton project Jun 14, 2021 Ekaya Housing Association will drive forward plans to build more than 65 new homes in the next three years – after securing eight-figure funding from NatWest. The housing association will use the £12 million funding package to grow its existing portfolio of circa 450 homes for affordable rent, shared ownership and supported housing across seven […] Posted by: Nathan Spencer Read more
Bartra – delivering a €1.1bn pipeline including a 1,000 home pipeline in the Republic of Ireland Jun 14, 2021 Following their involvement in our Republic of Ireland Development Conference, we’ve been speaking to Bartra’s Sally Anne Sherry on their future plans and projects in the country… Q. Bartra has a pipeline of 1,000 social and affordable homes between now and 2023, what are your core target areas for these schemes? We have recently lodged […] Posted by: Nathan Spencer Read more
VU.CITY – helping transform the planning process across the Republic of Ireland Jun 14, 2021 Following their involvement in our Republic of Ireland Development Conference we caught up with VU.CITY’s Charlotte Dove McCarthy on their work across the country and how it’s transforming the planning process… Q. How has VU.CITY made a transformative impact on Ireland and its urban development? And how do you hope to expand on this? VU.CITY […] Posted by: Nathan Spencer Read more
Willmott Dixon chosen for £25.6m Kensington and Chelsea housing scheme Jun 11, 2021 Willmott Dixon has been appointed by Kensington & Chelsea Council to deliver two housing schemes as part of the council’s ambitious New Homes Delivery Programme. Procured under the SCF framework, the largest project is at Kensal Road, where Willmott Dixon will deliver a £17.1m development to create 37 homes above new ground floor commercial accommodation. […] Posted by: Nathan Spencer Read more
Fenton Whelan launch London’s £500m Park Modern Jun 9, 2021 Fenton Whelan are launching London’s £500 million Park Modern, a 190,000 sqft luxury development facing south over Hyde Park and Kensington Palace Gardens. Park Modern will deliver 57 one to six bedroom residences, including spectacular lateral apartments, three trophy penthouses, mews houses and 30,000 sqft of 5-star hotel style amenities including a concierge, resident’s lounge, […] Posted by: Nathan Spencer Read more
Latest raft of Towns Deals Funding announced as 26 towns share £610m Jun 9, 2021 Investment will boost local economies, create jobs and new homes, and improve skills Plans will transform public spaces, deliver green transport links and revamp cultural and tourist attractions Part of Government’s multi-billion levelling up programme Twenty-six towns in England will share over £610 million to boost their local economies, create jobs and help them build […] Posted by: Nathan Spencer Read more
