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£58m Inhalation Centre of Excellence granted planning permission in Bristol

Vectura have been granted planning permission for a new 10,000-square metre facility on Bristol & Bath Science Park in south-west England – our ‘Inhalation Centre of Excellence’. The state-of-the-art £58 million building, which is anticipated to complete in 2025, will enable Vectura to expand their operations, providing new career opportunities for research and development scientists […]

Posted by: Nathan Spencer

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£Billions of development set for Greenbelt Lands in England

In various parts of England, including Surrey, Somerset, and West London, plans are underway to develop former greenbelt lands into housing communities. These developments aim to address the growing demand for housing in the country. Surrey’s New Town A significant 284-acre stretch of former greenbelt land in Surrey is being transformed into a ‘new town’ […]

Posted by: Mya Driver

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11-PBSA units totalling 4,500 beds sold in £306m deal

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

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1500 new homes could be built in Exeter

The city council of Exeter is moving forward with a significant redevelopment plan for the Water Lane area. This plan will mean the construction of up to 1,500 new homes. The council has agreed to use its compulsory purchase order (CPO) powers, if necessary, to secure land for this project. The redevelopment plan also includes […]

Posted by: Mya Driver

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Acorn Property acquires 12 sites forming £1.2bn development pipeline

Acorn Property Group is on a £390 million (GDV) residential development drive with new sites purchased throughout the South West which will provide 821 homes. This is in addition to further schemes going through the planning process. This follows on from record-breaking sales completions of £158.85 million in 2021: up nearly 250% on the previous […]

Posted by: Nathan Spencer

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Aviva Investors’ Lime Property Fund acquires Bath based student accommodation

Aviva Investors, the global asset management business of Aviva plc (‘Aviva’) announces it has completed the purchase of a purpose-built student accommodation (PBSA) in Bath on behalf of the Lime Property Fund (‘Lime’ or ‘the Fund’), acquiring Green Park House from Bath Spa University. As part of the transaction, the Fund has simultaneously entered into […]

Posted by: Nathan Spencer

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Barwood reaches £41m, buys Bristol Business park

They are planning to demolish two office buildings occupying the site and develop a 38,136 sq ft industrial unit.  Meanwhile, Growth Fund V will remain open with further closes will follow over the next year. Barwood Capital managing director Hugh Elrington said: “With Growth Fund V, we continue to follow the same investment strategy as […]

Posted by: Nathan Spencer

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Boyer achieves planning permission for Taylor Wimpey in Innsworth, Gloucester

National planning consultancy Boyer (part of Leaders Romans Group) has assisted Taylor Wimpey Bristol in obtaining reserved matters approval to deliver 257 dwellings at Innsworth, near Gloucester. The resolution was awarded by Tewkesbury Borough Council on 21 February 2023. The decision marks a significant point in Taylor Wimpey’s partnership with the Defence Infrastructure Organisation (DIO). […]

Posted by: Mya Driver

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Bristol office rents grow at fastest rate of any UK regional city

Bristol, UK – Bristol’s office market recorded 12% rental growth over 2022, according to leading global property adviser Knight Frank, the strongest growth rate of any UK city outside of London. Knight Frank’s 2023 UK Cities report, which compares the office market performance of the UK’s regional cities, revealed that office rents in Bristol reached […]

Posted by: Mya Driver

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