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Developers Wrenbridge are consulting on turning Lilly House, off Priestley Road in Rooksdown, into a new net carbon zero warehouse. The project, if approved by planners, will see a £50 million investment in Basingstoke and Deane and 250-500 new jobs created, with the "vast majority" going to local people. American pharmaceutical giant Eli Lilly, synonymous with Basingstoke, are vacating their former home on Priestly Road for new offices in Basing View, funded partly by the borough council.

A listed hospitality real estate investment trust (REIT) owned by Singapore-based CDL is investing in a UK build-to-rent (BTR) project as part of a new strategy. CDL Hospitality Trusts (CDLHT), which operates mostly hotels, has bought a site in Manchester and will forward fund its redevelopment into a £73.3m (€85m) apartment complex. The Castings project, which will have 352 apartments, is expected to be completed by 2024. The transaction paves trust’s entry into the UK BTR market, and more significantly, pivots away from hotels into “adjacent lodging space”.

A forward funding agreement has been secured for a 25 storey 352 unit build-to-rent scheme in Manchester city centre. The development, which will be known as "The Castings", has a GDV of more than £73m and is due to be completed in the second quarter of 2024. Fiera Real Estate and Packaged Living secured the forward funding agreement for the scheme on Heyrod Street, Piccadilly East in Manchester to CDL Hospitality Trusts.

CDL Hospitality Trusts (CDLHT) announced on Tuesday that it has entered into a land-purchase agreement and a development-funding agreement to invest in a build-to-rent (BTR) residential property in Manchester, United Kingdom, for a purchase consideration of £73.3 million (S$136 million). This is in line with CDLHT's strategy to strengthen its rental income base and boost its portfolio diversification.

CDL Hospitality Trusts (CDLHT) has forward-funded a Packaged Living build-to-rent (BTR) scheme in Manchester in a £73m deal.

Originally published by Cubex Land. A key milestone has been reached on works to deliver 66 affordable homes at Coopers Court, part of the award-winning Finzels Reach mixed-use community. Coopers Court, which represents over 20% of the homes being delivered on the second phase of Finzels Reach, consists of 48 homes for the social rented […]

Manse LLP, a privately-owned property company based in Edinburgh, is pleased to announce their latest acquisition in Irvine, North Ayrshire, a town located south west of Glasgow with a population of 40,000. Manse has acquired a 101,622 sq.ft distribution warehouse located on 16.7 acres of land west of the town centre. The building is currently […]

Fiera Real Estate (“FRE UK”) and Packaged Living are pleased to announce the forward funding of the 25 storey, 352-unit build-to-rent (“BTR”) scheme on Heyrod Street, Piccadilly East in Manchester to CDL Hospitality Trusts (“CDLHT”). The development, which will be known as “The Castings”, has a GDV of over £73m and is due to complete […]

Last week, GMI Construction completed the final concrete pour on the 7th floor roof terrace at the landmark office redevelopment project in Leeds. This marks a turning point in the construction of Fiera Real Estate and Opus North’s scheme as the curtain wall glazing can now be installed in preparation for PC in December this […]

A key milestone has been reached on works to deliver 66 affordable homes at Coopers Court, part of the Finzels Reach mixed-use comunity.