Huge step forward for transformation of town centre as development partner announced Jul 10, 2023 A major milestone has been reached in the ongoing transformation of Oldham town centre, with the announcement of the council’s new development partner today (Friday 7 July). The ground-breaking new partnership with nationwide placemaker Muse, will bring millions of pounds of investment to Oldham, as well as creating new jobs and opportunities for local people, […] Posted by: Mya Driver Read more
Iconic power station site will continue to be key part of Warrington’s economic future Jul 8, 2022 The site of an iconic power station which helped to support Warrington’s economy over the past 50 years will continue to secure much-needed future investment for the town and wider region after a change in ownership. Natural resources and energy company Peel NRE, part of regeneration business Peel L&P, has acquired the Fiddler’s Ferry Power […] Posted by: Nathan Spencer Read more
Industrials REIT acquires four MLI assets for £21m Apr 21, 2022 Industrials REIT, the UK multi-let industrial (“MLI”) property company, announces that it has acquired four multi-let industrial estates, in Boston, Barnsley, Leeds and Stockton on Tees, for a total consideration of £20.86 million. The purchase price reflects a blended net initial yield (“NIY”) of 5.7% and an average capital value of £80 per sq ft. […] Posted by: Nathan Spencer Read more
Industrials REIT secures planning for multi-let industrial scheme Mar 2, 2022 Industrials REIT, the UK multi-let industrial (“MLI”) property company, has secured planning approval for a 55,750 sq ft MLI scheme at its Old Mill Industrial Estate, in Bamber Bridge, Preston. Acquired in 2018, Industrials REIT will transform the existing estate by redeveloping an old industrial building and utilising some vacant land. The 44 new light […] Posted by: Nathan Spencer Read more
Knowsley Council: Regenerating Towns & Unlocking Economic Growth Feb 22, 2021 We recently held the Knowsley Future Development Plans Event to delve into the ambitious vision that Knowsley Council are bringing forward. We’ve been speaking to them exclusively to give you a bit of insight into these exciting times… Q. Knowsley Council has previously won accolades for your success in growing the region’s economy. How do […] Posted by: Nathan Spencer Read more
Lamington Group plans three new net zero room2 hometels in the UK Sep 27, 2022 Family-owned real estate investment and development company, lamington group, has announced it will open net zero room2 hometels in York, Glasgow, and Manchester. The move comes as part of the company’s sustainable property development plan and represents an investment of £114 million. The room2 brand currently has 3 operational establishments in the UK, of which […] Posted by: Nathan Spencer Read more
Land swap unlocks opportunity for Peel to link inland port with rail network Mar 2, 2021 Regeneration specialists Peel L&P have agreed to swap land with Salford City Council in order to facilitate the building of a rail spur to the company’s Port Salford development. Under the terms of the deal, which is due to be approved on Monday (March 8), Peel is handing over 16 acres of Green Belt land […] Posted by: Mark Flanagan Read more
Leumi UK completes £13.75 million loan to fund a consented residential site in Manchester’s Salford Quays Apr 24, 2023 Specialist property lender Leumi UK has agreed to a £13.75 million short-term loan with UK real estate fund manager Frogmore, to refinance Cotton Quay – an 8.5-acre waterfront site in Salford Quays, Manchester. The site has hybrid planning consent for 1,493 Build to Sell residential units, 475 hotel beds, as well as 31,000 sq ft […] Posted by: Mya Driver Read more
Leumi UK completes loan to fund a consented residential site in Manchester’s Salford Quays Apr 25, 2023 Specialist property lender Leumi UK has agreed to a £13.75 million short-term loan with UK real estate fund manager Frogmore, to refinance Cotton Quay – an 8.5-acre waterfront site in Salford Quays, Manchester. The site has hybrid planning consent for 1,493 Build to Sell residential units, 475 hotel beds, as well as 31,000 sq ft […] Posted by: Mya Driver Read more
Levelling Up – just talk for the great sport? Feb 15, 2022 Decisions will soon be made that could see a forgotten corner of North West England transformed into an iconic new venue to host the Ryder Cup in 2031. UK Sport and Ryder Cup Europe have been working on the feasibility of hosting the event in England. There is a shortlist of two venues – the […] Posted by: Nathan Spencer Read more
Liverpool City Region to prioritise innovation, equality, net-zero and social value in its investments Jun 6, 2023 Mayor Steve Rotheram will set out his ambitious plans to build a fairer, greener and more equal Liverpool City Region in a new strategy to be considered at the Combined Authority’s June meeting. The 2023 Investment Strategy outlines the Mayor’s vision to help the region meet its ambitious target to be net zero by 2040, […] Posted by: Mya Driver Read more
Liverpool Street station to be transformed as part of £1.5bn sustainably-led regeneration project May 4, 2023 Sellar, the developer of London Bridge Quarter and Paddington Square, MTR, a leading global operator of sustainable rail transport services including the Elizabeth line, and Network Rail have submitted a joint planning application to the City of London Corporation for proposed vital upgrades to transform Liverpool Street station. The £1.5 billion vision for Liverpool Street […] Posted by: Mya Driver Read more