British Business Investments commits £15m to CrowdProperty Apr 18, 2023 British Business Investments today announces it has committed £15m to CrowdProperty, the Midlands-based specialist property development lender. This investment will help increase access to finance for small and medium sized housing developers and will support more housebuilding. British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, aims to increase the supply and […] Posted by: Mya Driver Read more
Cassidy Group bring forward latest PBSA project Feb 16, 2022 New plans have emerged from developer Cassidy for a new student accommodation scheme in the Lenton area of Nottingham. The development, designed by Maber, would sit close to the University of Nottingham’s Jubilee Campus at 2a Triumph Road. The site currently include a terrace of single storey retail units which front onto Triumph Road, occupied […] Posted by: Nathan Spencer Read more
CEG and housebuilder consortium get to work on 4,500 Thorpebury development Jan 19, 2022 A housebuilding consortium comprising Davidsons Homes, William Davis Homes and David Wilson Homes has now broken ground on the first phase of 574 homes, open space and infrastructure at the Thorpebury development to the North-East of Leicester. Developer CEG, the landowner and the consortium exchanged contracts earlier this year to bring forward much-needed homes, including […] Posted by: Nathan Spencer Read more
CEG submits plans for 412,000 sq ft employment development Jul 22, 2022 Commercial Estates Group (CEG) and property developer HBD have submitted a detailed planning application for circa 412,745 sq. ft. (38,345 sq. m.) of employment space on a 12ha site to the south-east of Penniment Farm, close to Mansfield. The site is allocated within the Mansfield District Council Local Plan for residential and employment use, with […] Posted by: Nathan Spencer Read more
Clearbell announces £59m of acquisitions Feb 23, 2022 Logistics portfolio in the East Midlands acquired for £29m; Milton Keynes retail park purchased for £16m from abrdn; St Alban’s office asset bought for £14m from Aviva. Clearbell UK Strategic Trust (CST), a fund advised by Clearbell Capital today announces the acquisition of three assets for £59m. The trust has acquired a mixed portfolio of […] Posted by: Nathan Spencer Read more
Clowes Developments and Bellway JV to deliver 800-homes Jun 8, 2022 Clowes and Bellway have joined forces with their combined land holdings in Chellaston to form Snelsmoor Grange. The planning application for the residential development was submitted jointly to Derby City Council and received approval in March 2022. The 800-home development will form part of Boulton Moor, a larger settlement on the outskirts of Chellaston. Following […] Posted by: Nathan Spencer Read more
Columbia Threadneedle acquires Midlands distribution centre Jan 24, 2022 Midlands-based property investor Colmore Capital has successfully sold its 33,615 sq ft distribution unit Swift 34 in Rugby to institutional buyer, Columbia Threadneedle. The unit was sold in December 2021, taking under a month from initial marketing to exchange. The initial asking price of £4.6m represented a net initial yield of 5.2%. The distribution unit, […] Posted by: Nathan Spencer Read more
Consultation begins on new solar farm in North Kesteven which could power over 180,000 homes Jan 26, 2023 Consultation has begun on plans for Springwell Solar Farm, a proposed new solar farm with battery storage located between Lincoln and Sleaford. Springwell Solar Farm would make a significant contribution to the UK’s future energy mix by providing enough clean, secure energy to power over 180,000 homes every year – the equivalent of around half […] Posted by: Nathan Spencer Read more
Contractor wanted for Tritax’s speculative East Midlands logistics park Apr 14, 2021 The first phase of Tritax Symmetry’s 2million sqft logistics park in the East Midlands has gained approval. The warehouse specialist plans to build seven large-scale warehouses on an 111-acre site near Rugby (just off the M45) and this week was granted planning permission for the first two speculative units – 186,000 and 134,000 sqft. Both […] Posted by: Mark Flanagan Read more
Corby warehouse sold in sale-and-leaseback deal Jan 12, 2023 Eddisons’ Peterborough agency team has completed the sale of 5 Macadam Road, comprising a 96,000 sq ft industrial / warehouse unit in Corby. Offers were invited for the freehold investment in the region of £7.25m. The building has been purchased on a sale and leaseback from the owner occupier, by a business investor seeking to […] Posted by: Mya Driver Read more
East Midlands Development Company announced independent board Jun 1, 2022 A team of hugely experienced property and investment professionals will help advise on the progress of one of the biggest development opportunities in the UK. The East Midlands Development Company has recruited a team of private sector non-executive directors to work alongside its local authority partners, commercial advisors and core team as it seeks to […] Posted by: Nathan Spencer Read more
Federated Hermes swoops for Nottingham retail site Jan 26, 2022 Federated Hermes has acquired a 85,387 sq ft retail site in Nottingham city centre in a £21.65m deal. The 1.4-acre site previously belonged to Abrdn. The deal was completed through Knight Frank and Jackson Criss. The property, which lets to occupiers such as Tesco, Primark, Greggs and Tui, is situated at 4-13 Long Row and […] Posted by: Nathan Spencer Read more
