BE News

Salford City Council has approved plans for the Crescent Innovation scheme in Salford, which comprises 933 new homes, 1.7m sq ft of new commercial innovation, academic and research floorspace, ground floor space and a new movement hub, along with significant improvements to public spaces. The proposals have been brought forward by the Crescent partnership which comprises Salford City Council, the The University of Salford and ECF – a joint venture between Homes England, Legal & General and Muse.

Take-up of warehouses of more than 100,000 sq ft increased by 4.4% year-on-year in H1 2024, according to the latest data from Colliers.

BNP Paribas Real Estate has promoted Elaine Murphy to the newly created role of head of occupier strategy. She will be based in the company’s London Marylebone campus and will work closely with Tom Bolland, head of occupier solutions, to develop new business strategies and promotional opportunities for the team internally and externally. 

Chartway Partnerships Group and Moat Homes Limited have secured planning consent for 298 new mixed-tenure homes, community facilities and public open space at Frognal Place in Teynham, Kent.

Placefirst has acquired a 40-unit residential scheme located in Newcastle’s suburbs from New Tyne West Development Company (NTWDC) for an undisclosed price.

Harworth Group plc Group has sold 15.6 acres of serviced residential land at its Stopes Road development near Little Lever in Bolton, to Taylor Wimpey plc for £8.5m.

TFT has promoted Neil Granger to head of sustainability and Mat Lown has taken up a new role on TFT’s executive board as chief knowledge and ESG officer.

Storebox Self Storage Limited, part of Spectrum Storage Group, has secured a £32.4m refinancing deal with ESR Europe, the European platform of ESR Group.

The freehold of an Anglican Benedictine monastery in Hampshire has been put up for sale. The 26,954 sq ft Alton Abbey is located on a 43.59-acre site in the village of Beech, close to Alton. The site could be used for a wide range of alternative uses including hospitality, residential and later living. Carter Jonas has been instructed to market the opportunity.

Frasers Property UK has let 6,000 sq ft of office space on a 10-year lease to Wireless Infrastructure Group (WIG) at Blythe Valley Business Park in Solihull.