￡1bn Westferry Printworks Redevelopment Set for Approval in London
The ￡1bn redevelopment of the former Westferry Printworks site in Tower Hamlets, London, is expected to receive approval today after nearly a decade of planning. London Borough of Tower Hamlets officers have recommended conditional approval of the scheme, which will include 1,358 homes, a secondary school, and commercial space near Canary Wharf.
Also in today's newsletter...
Henry Boot announces that HBD has completed a ￡15m GDV industrial & logistics unit at Airport Business Park Southend, while also being granted planning permission to bring forward a further 75,000 sq ft. - https://www.ukreiif.com/investment-news/henry-boot-planning-business-park/
Schroders Greencoat LLP , a specialist renewables manager under Schroders Capital , has completed the acquisition of a solar energy project in Nottinghamshire from Lightsource bp . The project, located at Tiln Farm near Retford, includes a 49.9MWac solar plant co-located with a 25MW/50MWh energy storage facility. - https://www.ukreiif.com/investment-news/schroders-greencoat-lightsource/
Pandox , a prominent hotel property owner, has completed the acquisition of three extended stay hotels in central London for ￡230 million. The purchase includes 503 rooms spread across three Residence Inn by Marriott Hotels locations in Kensington, London Bridge, and Tower Bridge. The properties will continue to be operated by Axiom Hospitality under a management agreement. - https://www.ukreiif.com/investment-news/pandox-london-hotels-acquisition/
A deal has been finalised for the development of around 750 new homes on the former Greater Manchester Police headquarters site in Stretford. The 9.5-acre site will be transformed through a joint venture between international property developer @Far East Consortium, Trafford Council, and the Greater Manchester Combined Authority. - https://www.ukreiif.com/investment-news/new-home-manchester-police-site/
Comments from: Tim Roberts Declan Keiley Matt Tingle