Green light for new Gateshead hotel Mar 23, 2023 Plans for a new £48m dual-branded hotel at the heart of Gateshead’s popular Quayside have been approved by Gateshead Council. The planning application for the 344 room, nine storey hotel was submitted by developers Ask:PATRIZIA and was given the green light by the planning committee earlier today. The new 180,898 sq ft hotel, designed by […] Posted by: Mya Driver Read more
Avant Homes begins work on £60m, 247-home Earl’s Park development in Holmewood, Derbyshire Mar 22, 2023 Avant Homes has started construction on a 28-acre site in Holmewood, Derbyshire to deliver 247 new-build homes with a gross development value (GDV) of around £60m. Located just a 10-minute drive from Chesterfield town centre on Tibshelf Road, the development will comprise a mix of two, three, four and five-bedroom homes and feature 13 of […] Posted by: Mya Driver Read more
Bassi Capital Aims for £10bn Asset Target; Eyes New Acquisitions Sep 19, 2023 Bassi Capital, having recently supported the MBO of Avison Young’s real estate restructuring team to form Watling Real Estate, has now set its sights on achieving £10bn in assets under management (AUM). This ambitious goal comes on the heels of the firm’s acquisition of a 50% stake in commercial property management company CGBA Robson in […] Posted by: Mya Driver Read more
Birmingham Smethwick Corridor to create major regeneration opportunity Feb 8, 2022 A plan for the regeneration of the Smethwick to Birmingham Corridor is going to cabinet for approval this week, providing a strategy for housing, transport and local heritage as the area is redeveloped. The Smethwick to Birmingham Corridor Framework promotes a co-ordinated approach to regeneration within the area encompassing Birmingham Mainline Canal, City Hospital and […] Posted by: Nathan Spencer Read more
Bristol office rents grow at fastest rate of any UK regional city Mar 23, 2023 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 Read more
British Business Investments commits £15m to CrowdProperty Apr 18, 2023 British Business Investments today announces it has committed £15m to CrowdProperty, the Midlands-based specialist property development lender. This investment will help increase access to finance for small and medium sized housing developers and will support more housebuilding. British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, aims to increase the supply and […] Posted by: Mya Driver Read more
Crest Nicholson granted planning permission for Perrybrook development in Brockworth Apr 12, 2023 Award winning housebuilder Crest Nicholson has been granted planning permission for 435 homes, for its Perrybrook development, in Brockworth, Gloucester. The development will also offer affordable housing, with building work due to commence in the summer. Crest Nicholson will join the well-established Gloucestershire community at Perrybrook, with house sales expected to launch later this year. […] Posted by: Mya Driver Read more
Delivery of 4,000 build-to-rent (BTR) apartments across major UK cities, including London in the pipeline May 4, 2023 The UK BTR market has welcomed game-changing property management firm, ila, as it embarks on an ambitious journey set to deliver 4,000 much-needed homes across the UK over the next four years. Headquartered in Oxford, ila is part of Ridgeback Group, an integrated BTR investor, developer and asset manager. ila bolsters the group’s portfolio with […] Posted by: Mya Driver Read more
Falkirk Growth Deal set to attract £1bn of investment into region Dec 21, 2021 Up to 2,000 jobs and £1bn worth of future investment is expected to result from the signing of the Heads of Terms agreement between UK Government, Scottish Government and Falkirk Council in the Falkirk Growth Deal. The agreement means 11 projects can now use a total of £80m investment from UK and Scottish Governments, £45m […] Posted by: Nathan Spencer Read more
Future High Steet Living acquires former Debenhams store for regeneration scheme Oct 12, 2021 Future High Street Living led by Sam Ginda, has acquired a 0.66-acre site in Staines, comprising a basement plus 4-storey vacant department store, formerly occupied by Debenhams. A £9.5m loan for the acquisition was provided by real estate funding specialist, ASK Partners (“ASK”). The site is in Staines, situated west of London and just 3.6 […] Posted by: Nathan Spencer Read more
Government awards Sovereign over £9m to retrofit 1,000 homes Mar 22, 2023 Sovereign Housing Association is delighted to announce that we have been awarded over £9m by the Social Housing Decarbonisation Fund (SHDF) towards our £22.5m improvement strategy helping 1,000 homes. This is the largest grant yet made to Sovereign to invest in existing homes and will help Sovereign on its journey to de-carbonising and retrofitting our […] Posted by: Mya Driver Read more
Grainger in £140m forward funding acquisition with Network Homes Oct 19, 2021 Grainger plc, the UK’s largest listed residential landlord with 9,109 operational rental homes and a further 8,851 in its £2.1bn pipeline, announced that it has exchanged conditional contracts to forward fund and acquire Merrick Place, a 401-home build-to-rent development scheme in Southall, West London, for £141m. Proceeds from Grainger’s recent successful equity placing will help […] Posted by: Nathan Spencer Read more
