British Ports Association welcomes Welsh Freeports announcement Mar 23, 2023 The British Ports Association has welcomed the Welsh Freeports announcement but is looking for the benefits to be cascaded further, to all locations. The British Ports Association, the industry body for ports has welcomes the announcement that the Celtic Freeport and Anglesey Freeport bids have been successfully awarded freeport status today by the UK and Welsh Governments, but it […] Posted by: Mya Driver Read more
Realty Seals £200.8m Agreement for 11 UK Retail Parks Sep 19, 2023 In a significant move in the UK’s real estate sector, the American real estate conglomerate, Realty, has announced an agreement to acquire 11 retail parks from Ediston Property Investment Company for a sum of £200.8 million. The deal, which involves Ediston’s entire property estate, is with RI UK 1 Limited, a subsidiary of Realty. The […] Posted by: Mya Driver Read more
£15m ‘boost’ will increase the number of Welsh electric vehicle charging points Jun 12, 2023 The funding, confirmed today by Deputy Climate Change Minister Lee Waters, will be used to help local authorities increase the number of charging facilities ahead of fossil fuel vehicles being phased out in 2030. The new funding follows the £26m already invested in charging infrastructure across Wales since 2021 which has created more than 1,600 […] Posted by: Mya Driver Read more
£5.5 billion of investment is expected to be generated by the Celtic Freeport Dec 21, 2022 Roger Maggs MBE, Chair of the Celtic Freeport bid consortium, visited the Port of Milford Haven in Pembrokeshire recently to see first-hand how a freeport would transform the Welsh economy by securing the benefits of the floating offshore wind (FLOW), hydrogen and sustainable fuels industries, for the people of Wales. He was hosted by Rt […] Posted by: Nathan Spencer Read more
£50m to bring empty homes back to life Feb 1, 2023 The National Empty Homes Grant scheme, that will run over the next two years, has been developed to build on the success of previous Welsh Government initiatives like the Valleys Taskforce Empty Homes Grant. The National Empty Homes Scheme could see up to 2,000 long-term empty properties brought back into use. This scheme will run alongside with […] Posted by: Mya Driver Read more
£7bn Tidal Lagoon project in Wales takes step forward Mar 2, 2022 A major new renewables energy generation project off the Welsh coast has the support of Denbighshire Councillors. Off the coast of Conwy and Denbighshire the scheme would involve a 19-mile barrage with underwater turbines changing able to change the tide. The scheme has been touted by a private sector company, who remain unnamed, but the […] Posted by: Nathan Spencer Read more
26,400 new homes in Cardiff by 2036 Jun 20, 2023 More than 32,000 jobs and 26,400 new homes could be delivered in Cardiff by 2036 if Cardiff Council agrees its ‘Preferred Strategy’ for the Replacement Local Development Plan (RDLP). The Council’s Cabinet will take a report on the RDLP at its meeting on Thursday, June 22. In it, Cabinet is recommended to consult on a […] Posted by: Mya Driver Read more
Agreement to progress development of new small scale nuclear reactor in Wales Oct 21, 2022 The Nuclear Decommissioning Authority (NDA) has today announced the signing of a Memorandum of Understanding (MoU) with Cwmni Egino to support their development of a new small scale nuclear project in North Wales. The MoU enables the NDA to share information and expertise around the characteristics of its land at Trawsfynydd, to align the decommissioning […] Posted by: Nathan Spencer Read more
Aprirose sells 235,000sq ft retail and leisure scheme to David Samuel Properties Jul 1, 2022 Aprirose, the real estate investment company, has sold Marine Point, a prime multi-let leisure scheme located in New Brighton, an affluent seaside resort on the tip of the Wirral Peninsula located in the north west of England located between Liverpool and North Wales. The 234,615 sq ft development, which is anchored by a Morrisons supermarket, has been sold […] Posted by: Nathan Spencer Read more
Aviva Investors provides financing towards construction of first school under Welsh 21st century schools programme Nov 29, 2022 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has completed an investment which will see it provide all senior debt financing towards the construction of the first school as part of the Welsh 21st Century Schools and Colleges Programme. The investment has been made by Aviva Investors on behalf of […] Posted by: Nathan Spencer Read more
Caddick Construction Secures Smurfit Kappa Building Project in North Wales. Dec 3, 2021 Caddick Construction has been appointed to deliver a 14,500 sq m factory extension for FTSE 100 packaging company Smurfit Kappa, making it the largest integrated corrugated plant in the UK. The manufacturing facility at Mold Business Park in Flintshire is used to create shelf ready packaging for the retail sector, along with other streams of […] Posted by: Mya Driver Read more
Cardiff Capital Region complete on purchase for green transformation of Aberthaw Power Station Mar 17, 2023 The vision for a c.489 acre green energy park in the Vale of Glamorgan has taken a significant step forward – through Cardiff Capital Region City Deal’s (CCR) completion of purchase of the Aberthaw coal-fired power station that once symbolised fossil-fuel energy production in Wales. Completion of purchase of this site brings closer the demolition […] Posted by: Mya Driver Read more
