Urgent need for Increased Awareness of Build-to-Rent Among UK MPs
Built Environment Networking
by Mya Driver
5M ago
By Cavendish Research[i] conducted by communications consultancy, Cavendish Consulting and YouGov, reveals that just 11% of UK MPs would prioritise the development of new Build-to-Rent (BTR) homes in their constituencies – despite the demand for rental properties being high. The research asked MPs across all parties about their constituency housing focuses and most strikingly, BTR homes ranked only 7th out of eight listed housing options in terms of priority. 63% of Conservative MPs prioritised private sale housing with Labour MPs more likely to prioritise council housing and social rent homes ..read more
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Atvero brings quality assured document management to Greater Manchester Development Conference
Built Environment Networking
by Mya Driver
6M ago
Atvero, a leading provider of document, drawing and email management software for architects and engineers, is delighted to announce their participation as exhibitor at the 2023 Greater Manchester Development Conference on 31st October. Acting as the information gatekeeper, Atvero helps maintain accurate and up-to-date project information by ensuring that all documents are correctly named, reviewed, and revision controlled. In Atvero, full audit trails of transmittals are always readily available, allowing firms to optimise their document tracking and issuing processes. With such capabilities ..read more
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MPs’ appetite for new nuclear 
Built Environment Networking
by Mya Driver
6M ago
By Olivia White, Cavendish The UK Government has an ambition for 24 gigawatts of nuclear energy by 2050. That’s almost double the highest installed capacity the UK has ever achieved. Such an aspiration needs significant political support both on the national level, driving policy, and locally to support developments.   So where are our UK politicians in terms of the need for nuclear?  Cavendish Consulting, in collaboration with the Nuclear Industry Association, commissioned YouGov to conduct a survey of MPs from across the UK to help us understand their views on new nu ..read more
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Roadnight Taylor announces UKREiiF 2024 partnership
Built Environment Networking
by Mya Driver
6M ago
Roadnight Taylor, the UK’s leading independent specialist grid consultancy, has confirmed an exclusive session partnership with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF). The UKREiiF event is in partnership with Pagabo, and is set to take place between 21-23 May 2024, in Leeds. Economic and housing growth are increasingly being thwarted by constraints on electricity distribution and transmission networks in a highly complex and seemingly unclear grid connections regime. This is challenging for Placemakers within local and national governments, and for others planning ..read more
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Local growth board to use innovative new finance model
Built Environment Networking
by Millie Coolican
6M ago
This week the Greater Norwich Growth Board (GNGB), which is already a unique entity in local government collaboration terms, became the first example in the country of authorities working together to collectively borrow finance to accelerate the development of major infrastructure across their region. At its most recent board meeting on Wednesday 27 September, all partners of the GNGB agreed to the establishment of an innovative new loan scheme utilising the governments Public Works Loans Board (PWLB). The newly established Greater Norwich City Deal Loans Fund will reallocate a £20m reduc ..read more
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Middlesbrough seeks developers for central redevelopment
Built Environment Networking
by Mya Driver
6M ago
Middlesbrough is opening its doors to developers interested in contributing to the town’s central redevelopment. The Middlesbrough Mayoral Development Corporation has released its Masterplan, which includes the Draft Design Code, a document that outlines the types of projects that will be supported in the region. The Masterplan has set objectives to create 4,000 jobs, build 1,500 urban homes, and introduce cleaner public spaces. Developers are now being invited to review the Draft Design Code to understand the town’s vision and the potential projects that align with it. Tees Valley Mayor, Ben ..read more
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UK Commercial Property REIT Limited interim results for the half year
Built Environment Networking
by Mya Driver
6M ago
UK Commercial Property REIT Limited (FTSE 250, LSE: UKCM) which owns a £1.3 billion diversified portfolio of high-quality income-producing UK commercial property and is managed and advised by abrdn, announces its interim results for the half year ended 30 June 2023. FINANCIAL REVIEW AS AT 30 JUNE 2023 NAV TOTAL RETURN Net Asset Value (“NAV”) total return of 3.9*% (H1 2022: 12.3%) reflecting portfolio quality and strength. SHARE PRICE TOTAL RETURN Share price total return of -14.5%* (H1 2022: 2.3%). •     EPRA EARNING PER SHARE Underlying EPRA earnings per share increase ..read more
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Prime 285,000 sq ft Sheffield industrial site sold to UK investment fund
Built Environment Networking
by Mya Driver
6M ago
Privately-owned Co Durham-based property development company, Premcor Estates (Premcor), together with JV partner, Peveril Securities (Peveril), have sold a prime development at Catalyst in Sheffield to a UK investment fund for an undisclosed sum. Close to J33 of the M1 and providing 285,000 sq ft of industrial space split across five units of 22,354 to 108,237 sq ft, Catalyst forms part of the Advanced Manufacturing Park which boasts world-class occupiers such as Airbus, Boeing, BAE Systems, McLaren Automotive, Rolls-Royce, UK Atomic Energy Authority and The University of Sheffield, among oth ..read more
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Aware Super Expands Global Reach with London Office Focusing on Property and Infrastructure
Built Environment Networking
by Mya Driver
6M ago
Australia’s third-largest superannuation fund, Aware Super, is set to bolster its international investment strategy with the establishment of a new office in London. Slated for completion by the end of 2023, this strategic move aims to tap into lucrative opportunities in international property, infrastructure, and private equity sectors. Damien Webb, deputy chief investment officer and head of international at Aware Super, highlighted the advantages of having a physical presence in a global investment hub like London. “This presence will enhance our ability to source compelling deals in the UK ..read more
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New Health and Fitness Club Acquired by South Yorkshire Pensions Authority
Built Environment Networking
by Mya Driver
6M ago
In a recent development, the South Yorkshire Pensions Authority (SYPA) has acquired the newly established David Lloyd health and fitness club located in Rugby. The exact financial details of the transaction remain undisclosed. The acquisition was facilitated under the guidance of abrdn and with consultation from Savills. James McLean, the fund manager of SYPA, expressed that the acquisition was appealing due to its potential for long-term indexed income in a sector with robust demand. He emphasized the property’s alignment with ESG (Environmental, Social, and Governance) criteria, which is a p ..read more
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