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 received Port of Hull planning consent for 4.25m sq ft development Apr 21, 2022 Associated British Ports (ABP) has been granted outline planning consent for more than 4.25 million sq ft of industrial, manufacturing and logistics development at the Port of Hull by East Riding of Yorkshire Council. The 453 acres of prime land includes 212 acres located within the East Hull Humber Freeport Tax Assisted Zone, which offers […] Posted by: Nathan Spencer Read more
Aedifica invests £13.5 million in the construction of a care home in York Oct 21, 2022 Aedifica has invested in a care home for Torwood Care that will be developed in a residential area in York (211,000 inhabitants, County North Yorkshire). It will accommodate 72 residents in spacious bedrooms with en-suite facilities that are specifically tailored to suit the needs of elderly people requiring continuous care. The care home will meet […] Posted by: Nathan Spencer Read more
Aedifica invests £29m in the construction of two care homes in the UK Mar 25, 2022 Aedifica has acquired two care homes under construction in the UK – based in Leeds and Northampton. The Leeds site is within Rawdon, acquired for £14.5m with the capacity for 66 units – the operators is Danforth. And the Northampton site on in Overstone also has capacity for circa 66 units and it was acquired […] Posted by: Nathan Spencer Read more
After a gap of 16 years, Wakefield Council begins work on becoming a landlord again Mar 9, 2021 As part of its commitment to significantly increase the number of affordable new homes in the district, Wakefield Council is meeting later this month to explore the possibility of once again becoming a provider of rented housing. In 2005 the council disposed of its housing stock through a Large Scale Voluntary Transfer (LSVT) to Wakefield […] Posted by: Mark Flanagan Read more
Aldermore providers £15m loan Pickard Properties for PBSA project Jan 10, 2022 Aldermore Bank has provided Carlton Hill Holdings Limited, a subsidiary of the Pickard Properties Group, with a £15.3m loan which will be used to refinance an existing loan and to raise additional capital, to assist in the development of a large student accommodation block in Leeds. The loan is made up of a ten-year, part […] Posted by: Nathan Spencer Read more
Aldermore provides £16.5m to Citu for Sheffield housing scheme Jul 1, 2022 Aldermore has provided a £16.5m development finance loan to Citu for the next phase of its Kelham Central housing development in Kelham Island, Sheffield. The next phase of the development will be comprised of 68 additional low carbon homes, including a range of house types, plus two small commercial units. This marks the next chapter for […] Posted by: Nathan Spencer Read more
Aldermore provides £21m of loans for PBSA development in Leeds Oct 21, 2022 Aldermore has provided loans totalling £20.9m to Study Inn Group for a 400 room, two phase student accommodation development, in the heart of Leeds city centre. The first phase, Brotherton House on Grace Street was converted and regenerated to create 163 rooms and opened for the student intake in September 2022 with all rooms fully […] Posted by: Nathan Spencer Read more
Aldermore provides Real Estate Investment Group 1 with seven figure loan Apr 21, 2022 Aldermore has provided Real Estate Investment Group 1 Limited with a seven figure facility, to enable them to further grow their commercial property portfolio in Yorkshire. This is the fourth time that Aldermore has supported the company with the purchase of a commercial investment property in the last 12 months. The new loan will be […] Posted by: Nathan Spencer Read more
Audley Group appoints contractor for new retirement village in Yorkshire Jan 19, 2022 Audley Group, the UK’s leading provider of luxury retirement villages, has appointed GRAHAM to lead on the construction of Audley Scarcroft Park, its new 110-acre retirement village in West Yorkshire. Once complete, it will be home to 22 cottages and 106 two-bedroom apartments. Located at heart of the desirable ‘Golden Triangle’ formed by Ilkley, Harrogate […] Posted by: Nathan Spencer Read more
Avant Homes acquires 15-acre site for £44m for new housing scheme Apr 13, 2022 Housebuilder Avant Homes has acquired a 14.7-acre site in the village of Carlton near Rothwell, Leeds where it will deliver a £44m development of 129 new homes. Located on Main Street close to Swithens Farm and Oulton Hall, the new development received planning approval from Leeds City Council in March 2022. In addition to providing […] Posted by: Nathan Spencer Read more
Avant Homes acquires 78-acre plot for 600 home development Mar 31, 2022 Yorkshire housebuilder Avant Homes has acquired a 78-acre site in Doncaster, paving the way for a £121m development of up to 600 homes in the village of Edenthorpe. Subject to planning approval from Doncaster Metropolitan Borough Council, the landmark development will feature a mixture of one, two, three and four-bedroom homes across 12 of Avant […] Posted by: Nathan Spencer Read more