Government Budget: Major Boosts for Affordable and Social Housing
The Deputy Prime Minister has written to Parliament to set out how this week’s Budget will support both affordable housing and social housing need. This week’s Budget will set out how the Government will deliver more affordable housing and ensure social housing is available for those who need it most.
Also in today's newsletter...
Cole Waterhouse has submitted a planning application for the former Hilti HQ site, off Trafford Wharf Road in Stretford, following a public consultation programme on the developer’s plans. - https://www.ukreiif.com/investment-news/planning-submitted-for-cole-waterhouses-trafford-wharf-scheme/
A joint venture between award-winning housebuilder The Hill Group and leading housing association Peabody is demonstrating the impact of community-focused placemaking in the London Borough of Barking and Dagenham . As current participants involved in leading UK real estate investment conference, UKREiiF (The UK’s Real Estate Investment & Infrastructure Forum), all organisations, The Hill Group, Peabody and London Borough of Barking and Dagenham, are at the forefront of shaping communities through transformative projects across the UK. - https://www.ukreiif.com/investment-news/landmark-new-neighbourhood-for-east-london/
Vistry Group , has exchanged contracts on a 28.5-acre site on Barnards Drive in Sileby. The land, with a GDV of ￡63.2m, is being developed to build 228 much-needed family homes to help combat the need for housing in the area. - https://www.ukreiif.com/investment-news/vistry-group-to-build-228-new-family-homes-in-sileby/
Lidl GB has finalised a significant ￡70 million sale-and-leaseback deal to fund the forward construction of 12 new stores across the United Kingdom. This landmark agreement supports Lidl’s ambitious expansion strategy in the UK, one of its key markets, as it seeks to increase its footprint and bring affordable, high-quality groceries to more communities nationwide. - https://www.ukreiif.com/investment-news/lidl-secures-70-million-deal-to-fund-12-new-stores-across-the-uk/