‘The time is right for something different’ Mar 18, 2021 UKREiiF Advisory Group chair Lord Kerslake has held a variety of roles within the built environment industry during the last two decades, including Chair of housing association Peabody and Be First (the growth and regeneration agency for Barking and Dagenham). Here he outlines why the time is right for UKREiiF I’ve been involved in development […] Posted by: Mark Flanagan Read more
£155m Wigan development approved Sep 26, 2022 Plans to create a new £155m community in Wigan with a mix of homes including affordable housing, parklands, a transport hub and 200 new jobs have been approved. The site will be built on greenbelt land. Wigan Borough Council has given its second green light to Peel L&P’s masterplan at Mosley Common to proceed. Peel […] Posted by: Nathan Spencer Read more
£170m Truro regeneration project set for approval Sep 17, 2021 A £170 million scheme to redevelop a major part of Truro city centre with homes, a university centre, community buildings, hotel, restaurants and shops will go before councillors for a decision – with planning officers recommending the scheme for approval. Cornwall Council has submitted the outline planning application for the Pydar Regeneration Scheme which would […] Posted by: Nathan Spencer Read more
£200M Bristol ‘Sporting Quarter’ and new housing to get greenlight Sep 29, 2022 Proposals to build a 3,600-seater sports arena and convention centre next to Ashton Gate Stadium, along with 510 new homes nearby, look likely to get the greenlight next week after receiving the backing of Mayor Marvin Rees and city council planners. The £200 million Ashton Gate Sporting Quarter will consist of a sports and convention […] Posted by: Nathan Spencer Read more
£365m Starwood Capital loan unlocks redevelopment of London shopping centre Jan 10, 2022 Get Living, the UK’s leading build-to-rent operator of large-scale neighbourhoods, has secured a £365m development loan from controlled affiliates of Starwood Capital Group, which represents one of the UK’s biggest development loans in the past year, to fund the redevelopment of the former Elephant & Castle Shopping Centre. The loan facility with Starwood Capital, which […] Posted by: Nathan Spencer Read more
£600m Cavalry Barracks plans approved Oct 21, 2022 Inland Homes has received, on behalf of the third-party project investor, a resolution to grant planning permission at Cavalry Barracks in West Hounslow for a mixed-use development of 1,525 homes and 2,700 sqm of commercial space. Inland Homes acquired the site from the Ministry of Defence and submitted the planning application in March 2021. It […] Posted by: Nathan Spencer Read more
50/50 partner required for £200m Leatherhead town centre overhaul Mar 15, 2021 Mole Valley District Council (MVDC) has opened proceedings on finding a 50/50 construction partner for its £200m scheme to redevelop a huge swathe of Leatherhead town centre. Firms have until April 23rd to register their interest in a mixed-use redevelopment project affecting two pivotal freehold sites – The Swan Centre and Bull Hill. The two […] Posted by: Mark Flanagan Read more
Alchemy and Tri7 form JV to invest £250m into UK retail and mixed-use sites Sep 17, 2021 Tri7 (formerly known as Skape Real Estate), a real estate investment and asset management firm, and funds advised by Alchemy Special Opportunities LLP (Alchemy), the European private equity and special situations firm, have formed a partnership that will provide Tri7 with up to £100 million of funding to invest up to £250 million into real estate value-add opportunities that have arisen […] Posted by: Nathan Spencer Read more
Approval for housing-led redevelopment of former glassworks site in St Helens Mar 17, 2021 A joint-venture £200m residential-led development on the biggest brownfield site in St Helens has been given the go ahead by local planners. The 104-acre Cowley Hill Works project, which has been put together by BXB Land Solutions Ltd and Promenade Estates, includes building more than 1,100 homes and up to 43,000 sqft of flexible commercial space, […] Posted by: Mark Flanagan Read more
AustralianSuper forms 50:50 JV on London’s newest town – Canada Water Mar 8, 2022 Real estate investment trust British Land has sold a 50% stake in its Canada Water Masterplan to AustralianSuper for £290.0m, turning the project into a 50:50 joint venture as part of an effort to accelerate the delivery of the 53-acre development. British Land said on Tuesday that its “exciting new partnership” with Australian Super, an Australian profit-to-member […] Posted by: Nathan Spencer Read more
Aviva and Allianz team up for £500m London project Mar 2, 2022 Aviva Investors, the global asset management business of Aviva plc, announces it has formed a joint venture partnership with Allianz, managed on its behalf by Allianz Real Estate as part of its ongoing development project of new mixed-use retail and office buildings at 1 Liverpool Street and 101 Moorgate in the City of London. The […] Posted by: Nathan Spencer Read more
Ballymore submits application for London mixed-use development in the Royal Docks Oct 19, 2021 Ballymore, the international property developer, has submitted a planning application for its latest major mixed-use quarter, UNEX-Thames Road Industrial Estate, on the riverfront in London’s Royal Docks, the company’s third scheme along this stretch of south-facing riverfront. The plans for the 6.1-ha site envisage the creation of up to 1,610 new homes, including three-storey townhouses, […] Posted by: Nathan Spencer Read more