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
£6.97 million of funding for East Midlands transport, housing, and skills programmes Feb 8, 2023 £6.97 million in funding for local improvements in the East Midlands has been approved by the Government. The funding which has been given the green light is part of an early investment offered to our area as part of devolution negotiations. It is not dependent on devolution proposals going ahead. It is part of £18 […] Posted by: Nathan Spencer Read more
£750m contract up for grabs in Suffolk Mar 16, 2021 Firms have until April 9th to register their interest in a £750m joint venture partnership with Suffolk County Council (SCC). The 15-year, 50:50 agreement is due to start next March and the council is looking for a single private sector partner (PSP) to develop multiple sites across the county. SCC has an initial list of […] Posted by: Mark Flanagan Read more
11-PBSA units totalling 4,500 beds sold in £306m deal Mar 8, 2022 Unite Students has disposed of an 11-strong property portfolio – comprising 4,488 beds – for £306m, with the company’s share sitting at £236m. The deal – struck with an affiliate of Lone Star Funds – includes assets in Sheffield (1,700 beds), Reading (703 beds), Leicester (665 beds), Bedford (517 beds), Liverpool (390 beds), Birmingham (337 beds), […] Posted by: Nathan Spencer Read more
ABP expands Port of Lowestoft with the acquisition of former Quality Discounts site Apr 18, 2023 Associated British Ports (ABP) has today announced that it has completed the purchase of the former Quality Discounts site, in a move that is designed to improve the vitality of the port-side location, as well as increase the role that the Port of Lowestoft plays as a thriving centre for companies servicing the offshore energy […] Posted by: Mya Driver Read more
Allegra Care and Moorfield add 133 beds to partnership through acquisitions in Cambridgeshire and Suffolk Jan 17, 2022 Allegra Care, a UK-focused care home operator, and UKREiiF attendee Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of two nursing, dementia and care homes in Cambridgeshire and Suffolk from Alysia Caring, adding a further 133 beds to the partnership’s […] Posted by: Nathan Spencer Read more
Bruntwood and L&G seek new partner for SciTech arm Mar 2, 2022 A new partner is being sought by Bruntwood and Legal & General for their sciences platform SciTech, it has been confirmed. An additional investor is set to be added to the 50:50 joint venture which currently has ten locations across England. It is understood that both Bruntwood and Legal & General are not seeking to […] Posted by: Nathan Spencer Read more
Cain extends Jaynic logistics development loan to £19.25 million Jun 8, 2022 Cain International (“Cain”), the privately held investment firm, has agreed an extended development finance facility of £19.25 million with Jaynic Property Group. Cain originally lent £13.8 million in February 2022 for the development of SP160, a 160,000 sq ft warehouse at Jaynic’s Suffolk Park logistics scheme to the east of Bury St Edmunds. It has […] Posted by: Nathan Spencer Read more
Carter Jonas Achieves Planning Consent for Barratt and David Wilson Homes in Cambridge Feb 2, 2022 National property consultancy Carter Jonas has secured planning consent on behalf of Barratt and David Wilson Homes (Eastern Counties) to deliver 410 homes (of which 40% are affordable housing) in North West Cambridge, on part of a larger scheme known as Darwin Green 1. The Reserved Matters planning consent is for a site of 9 […] Posted by: Nathan Spencer Read more
Chancerygate’s latest urban logistics scheme gets approval Jul 1, 2022 Developer Chancerygate has been granted planning permission to build around 58,000 sq ft of Grade A urban logistics and industrial space in Witham, Essex. Called Freebournes Park the speculative development will comprise 10 units ranging from 4,390 sq ft to 7,030 ft which are available on a leasehold basis. Construction of the scheme is set […] Posted by: Nathan Spencer Read more
Development Opportunity: Ekin Road Estate in Cambridge Sep 19, 2023 Cambridge City Council has identified the Ekin Road estate for potential redevelopment, presenting a unique opportunity for growth and rejuvenation in the area. The estate, which has been home to many residents for decades, was highlighted for redevelopment after a review of estates with older housing stock. Currently, three redevelopment options are on the table: […] Posted by: Mya Driver Read more
EDF & Luminous announce mega solar project in Lincolnshire Jan 11, 2023 EDF Renewables UK and Luminous Energy have announced plans for Springwell Solar Farm, a proposed new solar farm with battery storage located between Lincoln and Sleaford in Lincolnshire. 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 […] Posted by: Nathan Spencer Read more
