Nottingham town centre redevelopment restarting thanks to £12m grants Mar 25, 2021 Nottingham City Council (NCC) has received £12m in funding to pave the way for the restart of its Broadmarsh shopping centre redevelopment. NCC has received £8m from the D2N2’ Local Enterprise Partnership’s Getting Building Fund along with £4m of match funding from the Transforming Cities Fund to complete the demolition phase, which is due to […] Posted by: Mark Flanagan Read more
Investors pile into LondonMetric’s capital-raising debt issue Mar 25, 2021 LondonMetric has raised £380m from Trans-Atlantic institutional investors keen to support the asset management company’s long-term logistics strategy. The private debt, which has a blended maturity of 11.1 years and blended interest rate of 2.27%, was upsized from an initial target of £150m due to demand. A £50m tranche (‘Green Notes’) is subject to a […] Posted by: Mark Flanagan Read more
Greater Manchester CA set to approve brownfield redevelopment grants allocation Mar 25, 2021 Brownfield land across Greater Manchester is set to be converted into sites for more than 2,700 new homes, as part of the second phase of a £97m development fund. At a meeting of the Greater Manchester Combined Authority (GMCA) tomorrow (Friday, March 26), leaders are expected to approve an allocation of £41m to develop a […] Posted by: Mark Flanagan Read more
Former Liverpool distillery set for new life as multi-let industrial hub Mar 24, 2021 Network Space has acquired a high-profile 28-acre industrial site in Liverpool, for an undisclosed amount. The Sovereign Distillery comprises 446,151 sqft of space and was the former headquarters of Halewood Artisanal Spirits PLC, a family-owned producer of world-famous artisanal wines, spirits and beers which has operated from the site at Huyton Business Park since 2000. […] Posted by: Mark Flanagan Read more
Planning relief for £500m Oxford life sciences district scheme Mar 24, 2021 Oxford City Council has finally given the go ahead for a £500m life sciences district on the edge of the city. Ten years after it was first mooted, the Oxford North development, which is the brainchild of St John’s College’s development company Thomas White Oxford (TWO), will incorporate new laboratories and workspaces for biomedical science, […] Posted by: Mark Flanagan Read more
UK industrial sites prove appealing to Kennedy Wilson Mar 24, 2021 Global asset management company Kennedy Wilson is set to double the value of its UK portfolio in just six months when it completes deals worth £140m in the next few weeks. The purchases will lift the American company’s industrial portfolio value to £440m, across 3.8 million sqft, and it is also targeting further acquisitions in […] Posted by: Mark Flanagan Read more
Abu Dhabi fund to commit billions to innovative UK projects Mar 24, 2021 The Abu Dhabi sovereign wealth fund that specialises in innovative companies is reportedly set to invest £4bn in life sciences, technology, clean energy, health and infrastructure in the UK over the next five years. The $232bn Mubadala fund was set up by the oil-rich Emirate’s rulers to diversify its interests and has been increasingly targeting […] Posted by: Mark Flanagan Read more
Butler & Young Approved Inspectors Announce 1st April Rebrand Mar 23, 2021 We are excited that Butler & Young Approved Inspectors will be rebranded as SOCOTEC Building Control from the 1st April 2021. The Butler & Young Group became a part of the SOCOTEC Group of companies in 2019 and the moment is the right time to change our name and take our professional and reliable reputation with […] Posted by: Nathan Spencer Read more
CEG secure deal for hi-tech development in Leeds Mar 23, 2021 Developers CEG has submitted a planning application seeking to revitalise a disused warehouse site in Leeds for Yorkshire-based global diagnostics and drug development company Labcorp. CEG would manage the delivery of the new facility and aims to enable occupation by Summer next year. It would include a 100-bed clinic, pharmacy and Labcorp’s UK office headquarters. […] Posted by: Mark Flanagan Read more
Historic decisions to be made on Birkenhead Mar 23, 2021 An eight-week consultation on the proposed transformation of Birkenhead begins tomorrow (March 24). The proposals are outlined in a major document called the Birkenhead 2040 Framework and are outlining the most radical changes to Birkenhead since the 1947 Town Plan, making the most of its history and heritage using William Laird’s town grid which he […] Posted by: Mark Flanagan Read more
