Former Government building in Southend to be transformed into 550+ new homes
Southend-on-Sea City Council has approved proposals submitted by leading developer Comer Homes Group to transform Alexander House into a considered collection of new homes and premium retail spaces. Once occupied by Her Majesty’s Revenue and Customs as a regional centre, Alexander House will become a landmark new gateway development for the city, with an improved, attractive exterior fa?ade and increased landscaping that will modernise and transform the site.
Also in today's newsletter...
Lochinvar Care Limited has sold Sewardstone House and Chapelfield Nursery, a 5.1-acre freehold site located in Chingford, north east London, to LNT Care Developments. The site benefits from planning permission for a state-of-the-art 66-bedroom care home spanning 2 storeys. - https://www.ukreiif.com/investment-news/lnt-care-developments-acquires-5-1-acre-site-for-care-home-development/
Grosvenor and EIH London Investments Ltd have today announced that South Molton, in London’s prestigious Mayfair, will be home to the Indian luxury hospitality group’s first Oberoi Hotels & Resorts in the UK. - https://www.ukreiif.com/investment-news/indias-oberoi-hotel-to-open-first-uk-hotel-in-london/
Hammerson today announces the completion of the acquisition of the remaining 50% stake in Westquay for ￡135m. This gives the Company a 100% interest in a leading retail and leisure destination situated in the heart of the South Coast, which is A rated by Green Street. - https://www.ukreiif.com/investment-news/hammerson-acquires-remaining-50-stake-in-retail-destination-for-135m/
Homes England approves ￡124 million funding package for vital infrastructure to support 20,000 home development in east London. The Government’s housing and regeneration agency, Homes England, has approved a ￡124 million funding package to unlock more homes and deliver new state-of-the-art infrastructure at Barking Riverside in east London. - https://www.ukreiif.com/investment-news/barking-riverside-secures-government-backing-for-more-homes/
Watkin Jones Group , the UK’s leading developer and manager of residential for rent, is pleased to announce that Leeds City Council has approved its plans for the conversion and re-purposing of Headrow House at 42 The Headrow, into 230 co-living homes. - https://www.ukreiif.com/investment-news/leeds-co-living-scheme-for-230-homes-given-the-green-light/