Welcome to this week’s BtR News Flash.
Where we provide you with a summary of all the latest updates from this weeks movements in the BtR industry.
September 22, 2023
Manchester Property Agency Expands With Stockport Opening
Reside, the Manchester property agency, has expanded into Stockport.
The office will open next month in new offices on St Petersgate, being developed by One Heritage.
READ FULL UPDATE HERE
Aberdeen Approves £60M Student Accommodation Development
A new block of student flats will be built in Aberdeen city centre after councillors gave £60 million investment plans the green light.
READ FULL UPDATE HERE
Bid to Deliver 594 New Homes at Cowcaddens Site Moves to Planning Stage
Keppie Design has followed up a pre-application consultation into its proposals for the redevelopment of the former Buchanan House in Glasgow with the submission of a full planning application.
READ FULL UPDATE HERE
September 25, 2023
Casa by Moda Secures Commitment From NatWest
To help deliver its plans for a widespread single-family homes (SFH) portfolio, Casa by Moda has secured a debt facility commitment from NatWest.
READ FULL UPDATE HERE
Plans in For 800-bed Leeds Student and Retail Scheme
A joint venture between investor Tri7 and Fusion Students has submitted plans for a major purpose-built student rooms and shopping scheme in Leeds.
READ FULL UPDATE HERE
Package Worth Up to £150M Secured to Help Deliver Over 1,100 Homes
Developer Casa by Moda has secured an initial £60m debt facility from NatWest, with the ability to rise to £150m, allowing it to accelerate delivery of new homes for rent across the UK.
READ FULL UPDATE HERE
September 26, 2023
Kuwaiti-backed Property Vehicle Concludes Acquisition Deal for 71 New Bolton Homes
More than 70 new homes in Bolton have been acquired by a Kuwaiti-backed business. London-based Gatehouse Investment Management has exchanged on the acquisition of 71 homes in Horwich, on the site of the former Loco Works, near Bolton, from Bellway Homes, for its ‘UK PRS’ single-family build-to-rent (SFBTR) portfolio.
READ FULL UPDATE HERE
McAleer & Rushe Awarded £60M Barking Flats Job
McAleer & Rushe has been awarded the £60m contract to deliver a near 200 flats scheme in Barking for Yara Capital.
READ FULL UPDATE HERE
September 27, 2023
PineBridge Benson Elliot Secures Financing For UK SFR Growth
PineBridge Benson Elliot secures £300m financing to support the growth of its UK single family rental (SFR) strategy.
READ FULL UPDATE HERE
Gatehouse IM Acquires SFH BtR Homes From Bellway
71 of Bellway’s new homes in Horwich have been acquired by Gatehouse Investment Management (Gatehouse IM) for its single-family Build to Rent portfolio.
READ FULL UPDATE HERE
Council Orders Developer to Tear Down Tower Blocks
Developer Comer Homes Group is being ordered to demolish two residential tower blocks in south London following a planning
READ FULL UPDATE HERE
September 28, 2023
Cortland and Madison JV Secures Colliers Yard BtR Debt Facility
Funding the Colliers Yard Build to Rent scheme in Manchester, the Cortland and Madison joint venture has received a debt facility.
READ FULL UPDATE HERE
Green Light for 48-storey Residential Tower in Birmingham City Centre Despite Demolition of Locally-listed Landmark
Plans for a 48-storey residential tower in Birmingham city centre have been given the go-ahead.
READ FULL UPDATE HERE
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