Network Rail strike partnership with TfGM to transform regional stations Aug 2, 2023 Network Rail and Transport for Greater Manchester have formed a partnership to develop six stations in Manchester and Salford, With the population in Greater Manchester set to grow by almost 3m by 2031 the partnership aims to drive transformation in the stations to ensure they’re set for future generations – bringing regeneration and infrastructure together […] Posted by: Mya Driver Read more
Popeyes food chain plans £50m UK expansio Aug 2, 2023 Fried chicken food chain Popeyes has partnered with TDR Capital to drive their UK expansion. The US firm opened their first UK restaurant in London back in 2021 and has now expanded to 27 locations – including its first drive through site in Rotherham which “broke multiple sale records” across their worldwide business. Tom Crowley, […] Posted by: Mya Driver Read more
Firethorn Trust gains approval for housing at the UK’s first eco-town Aug 2, 2023 The decision on Tuesday 25 July 2023 successfully concluded an appeal process, with the planning inspector placing significant weight on the fact the scheme would support the delivery of the wider North West Bicester Ecotown – the first of its kind in the UK. Details within the planning application mean the development would provide: The […] Posted by: Mya Driver Read more
Government confirms Scotland carbon capture plans Aug 2, 2023 UK Prime Minister Rishi Sunak has today travelled to Scotlandf to confirm plans for a multi-million pound carbon capture project in Scotland which would create the UK’s fourth cluster for transitioning to a net zero UK. “Project Acorn” is set to strengthen to UK’s energy security strategy – with millions of pounds of funding announced […] Posted by: Mya Driver Read more
Housing association secures land for new homes for Keyland Developments Aug 2, 2023 Keyland Developments, the property and development arm of Yorkshire Water, has sold a 5.5-acre site in West Yorkshire to the Leeds Federated Housing Association. The site in Pudsey, on the outskirts of Leeds, could see 54 new homes being developed. Matthew Turnbull, land and planning manager at Keyland Developments, said: “We are delighted to have […] Posted by: Mya Driver Read more
Silbury Finance maintains deployment momentum with £67 million loan for 341-home mixed tenure development in Bedford Aug 2, 2023 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £67 million senior loan to MCR Property Group, the established residential developer. The 24-month facility will fund the development of 341 homes, a mix of for sale and rent, in the sought-after commuter town of Bedford. It represents the third deal between the […] Posted by: Mya Driver Read more
Housing Growth Partnership and McGoff Group Launch £13m JV for 237-Unit BTR Scheme in Manchester Aug 2, 2023 Housing Growth Partnership (“HGP”), the Lloyds-backed equity investor supporting the UK’s living sector to deliver more homes, has committed £13m to a joint venture with McGoff Group (“McGoff”) to deliver the new Downtown Victoria North build-to-rent scheme in Manchester. The development is situated on a form er gasworks on Rochdale Road and represents a key […] Posted by: Mya Driver Read more
Czech-Based P3 Logistic Parks Makes UK Debut with Acquisition of Two Midlands Assets Aug 2, 2023 P3 Logistic Parks, a leading investor, manager, and developer of warehouse properties based in the Czech Republic, has made its debut in the UK market through the purchase of two logistics assets from Segro. These acquisitions, located in the Midlands, total approximately 872,000 sq ft of space. The first asset, situated in Crick, offers around […] Posted by: Mya Driver Read more
Liverpool City Region set to get £310m funding as the UK’s second Investment Zone Aug 2, 2023 Communities across the Liverpool City Region could be set to benefit from over 4,000 new jobs and a multi-million-pound investment in the life sciences sector as part of the UK’s second Investment Zone. The government has today (26 July 2023) launched England’s second Investment Zone in Liverpool City Region, which could unlock £320 million of private investment and deliver 4,000 […] Posted by: Mya Driver Read more
Real Estate Investors Pursues £46.55m Opportunistic Sales Strategy Aug 2, 2023 Real Estate Investors (REI), a Birmingham-based property firm, has reaffirmed its commitment to an opportunistic sales strategy aimed at reducing debt amidst challenging and unstable market conditions in the property sector. Despite these conditions, REI has experienced strong demand from private investors and owner-occupiers for its assets in the first half of the year. The […] Posted by: Mya Driver Read more