Prupim completes £125m sale and leaseback of Sainsbury’s stores
Prupim has completed the £125m purchase of three supermarkets on a sale-and-leaseback basis for M&G’s Secured Property Income Fund …
News Articles
Student pads to light up entrance to city – Lancaster
Plans to create 96 student pads in Lancaster city centre that will “glow up at night” have been given the go-ahead.
The development by CityBlock at Victoria Court, in Penny Street, will see the demolition of the existing empty ground floor units, and the creation of a four storey block above, containing various types of student accommodation.
The building will run back into Thurnham Street, with a large metallic gold coloured block meeting the Kwikfit Motorist Centre next door …
Boris nod for student housing at King’s Cross – London
London mayor Boris Johnson has granted planning permission for 657 beds of student accommodation at the King’s Cross Central development in London …
£40m plan to develop four-acre site in city – Leeds
A property developer has revealed plans for the £40 million redevelopment of a four-acre site in Leeds’s Civic Quarter.
Downing have submitted plans to the city council for the proposal to create a new student development on land formerly owned by Leeds Metropolitan University.
The scheme has been designed by architects John McAslan + Partners and will create 568 student bedrooms and 4,500 sq ft of retail space across three buildings adjacent to the Inner Ring Road …
Hope for 585 new York jobs if Nestlé South scheme approved
Nearly 600 new jobs could be created in York through the transformation of part of the city’s chocolate factory.
Planners have recommended approval for Nestlé’s multi-million-pound proposals to use some of its land for homes, offices and shops.
The final decision on the massive Nestlé South scheme will be made by City of York Council’s planning committee next week, and the confectioner has revealed fresh details on the full economic benefits it says the scheme would bring …
Hatfield student flats plan returns
Plans to demolish a Hatfield bingo hall and build in its place a major new student housing complex have returned.
Developers, who were denied planning permission last year by Welwyn Hatfield Borough Council, have resubmitted a slightly scaled-down application while they wait for the outcome of an ongoing legal appeal.
Croxley Green-based Village Homes has now applied to build 52 flats and bedsits (down from 74) on the site, in The Common …
Small community success after Adamsdown ‘Everest’ flats refusal – Cardiff
Residents in Adamsdown have said they are ‘ecstatic’ by the decision to overturn a nearby planning application for an ‘Everest’ of flats.
Councillors on the planning committee today voted to defer the application for refusal following impassioned pleas from residents and local ward members who voiced concerns of the impact the 500-student development would have on their lives …
University banks on £20m funding facility – Leicester
The University of Leicester has secured a £20m support package from Barclays Corporate. The funding aims to help the university proceed with two major projects, including an upgrade of sports facilities and a new block of accommodation.
The first part of the regeneration scheme is for student accommodation, which will result in an extra 281 rooms being built near the main campus.
Twenty-one studio apartments will be constructed, alongside 260 rooms which will be grouped into flats. The accommodation will be completed in time for students to move into in September this year …
Unite accommodation fund posts 6% growth
Unite Group has posted a 6% increase in the net asset value per unit of its student accommodation fund.
The group’s results for the year to 31 December 2010 showed that NAV per unit increased from £0.762 per unit in 2009 to £0.808 per unit by the end of last year.
This was largely driven by an 8.6% increase in the fund’s property values across the year …
£1m plans for accommodation in Wrexham
Ambitious plans worth over £1 million for student accommodation in the town have been revealed.
The exciting new project is planned next to Liquid nightclub at 4 Brook Street and includes student flats, a bar and two retail units, one of which could be a restaurant.
It is thought that more than 20 jobs could also be created through the development which is being proposed by Lingar Properties in Sandycroft …