Built Environment Networking Blog: Wales News

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Planning Application Is Granted – Festival Park, Ebbw Vale

Mercia Real Estate (MRE) has been given the go head for their application to change use of the former Festival Park shopping mall, Ebbw Vale. Planning has been secured to change the use of the former shopping mall into an employment led business centre, including demolition of a small number of the existing units and […]

Posted by: Mya Driver

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Plans to revitalise Wrexham’s indoor markets have been submitted

The Grade II-listed General and Butchers markets lie at the heart of the Wrexham City Centre Conservation Area and forms part of the Wrexham Townscape Heritage Scheme funded through the National Lottery Heritage Fund, Welsh Government – Transforming Towns Fund, and Wrexham Council’s capital programme. Both markets are now in need of essential maintenance, repairs, and […]

Posted by: Nathan Spencer

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Principality Building Society commits £26m to Caredig Homes

Principality Building Society have completed a new deal for Caredig, a Swansea based Housing Association worth £26m, which will help them to deliver their ambition of building 700 new affordable homes in South Wales by 2030.   Caredig (formerly known as Family Housing) manages over 2,897 high quality affordable homes, providing a range of services, with […]

Posted by: Deividas Krupstas

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Reserved matters application submitted for Risca later living scheme

A ‘reserved matters’ application has been submitted by Caerphilly County Borough Council for an innovative new later living scheme on the site of the former Ty Darran care home, Risca. Outline planning has already been granted for the development and work begun to prepare the site.  When completed, the new development will be used to […]

Posted by: Mya Driver

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Rolls Royce shortlists six sites for nuclear reactor factory

Rolls-Royce has moved forward in their bid to develop new Small Modular Reactors (SMRs) across the UK by highlighting six locations where they may look to develop a new factory which builds nuclear reactors. The UK Government is looking to build 16 SMRs in the next 25 years – as the Government looks to enhance […]

Posted by: Nathan Spencer

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Singapore’s Elite Partners Capital acquires distribution centre in Wales

Elite Partners Capital has acquired a distribution facility in northern Wales for more than £30 million ($36 million), as the Singapore-based fund manager continues to amass a portfolio of industrial and commercial assets across Europe. The two-warehouse distribution centre is within Wrexham Industrial Estate, a 550 hectare (1,359 acre) government-owned campus near the Welsh border […]

Posted by: Nathan Spencer

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Supermarket Income REIT acquires two further grocery stores

UKREiiF attendee Supermarket Income REIT, the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of two supermarkets, a Sainsbury’s in Washington, Tyne and Wear, and an Asda in Cwmbran, South Wales, for a total purchase price of £55.1 million (excluding acquisition costs), reflecting a combined […]

Posted by: Nathan Spencer

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Thackeray Group acquires Cardiff building – with £100m transformation planned

The landmark Howells building in Cardiff city centre has a new owner who plans to transform it into a £100m new mixed-use destination. The new owners, the Thackeray Group, aim to turn the building into an aparthotel, build-to-rent apartments, restaurants, shops, leisure offerings and office space. The real estate investment, development and asset management firm, […]

Posted by: Nathan Spencer

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Trebor appointed to develop KLA Corporation’s major R&D and manufacturing facility

Trebor Developments has exchanged a Development Agreement with KLA Corporation to develop their new high-tech manufacturing, research and development and office facility in Newport, South Wales. The building of 210,000 sq ft will represent c.$100 million investment by KLA in their expansion plans, providing new state-of-the-art innovation centre and facilities for up to 750 staff. […]

Posted by: Mya Driver

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Willmott Dixon appointed for £12m Ysgol Rhydywaun school

Willmott Dixon has landed a £12m contract from Rhondda Cynon Taf Council to deliver new facilities at Ysgol Gyfun Rhydywaun in Penywaun.  Appointed using the SEWSCAP framework, it will increase the school’s capacity by 187 places for the 2022/23 academic year. The project’s scope includes construction of a new eight-classroom block which will include community […]

Posted by: Nathan Spencer

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Willmott Dixon appointed for Bassaleg Comprehensive School upgrade

Willmott Dixon has been appointed by Newport City Council to deliver significant improvements to Bassaleg Comprehensive School that will create over 300 extra school places. Procured using the SEWSCAP3 framework by the council’s property partner Newport Norse, the project will see the creation of a three-storey teaching block which contains dining and assembly areas, as […]

Posted by: Nathan Spencer

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