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Croydon mulling 'best and final' offer for Brick By Brick | News - Vimarsana News

Croydon mulling 'best and final' offer for Brick By Brick | News

By Joey Gardiner 2021-05-14T08:03:00+01:00 Decision over approach understood to be from Urban Splash to be made in early June Croydon council has confirmed that it is considering a final offer, understood to be from Manchester-based developer Urban Splash, to buy its troubled council housing company, Brick By Brick. In agenda papers published in advance of a meeting of Croydon’s cabinet on 17 May, officials said the council received a “best and final” offer for Brick by Brick from a single bidder on 19 April. Brick By Brick’s scheme in Bramley Hill The papers appear to offici...

Croydon running the rule over 'best and final' offer for Brick By Brick | News - Vimarsana News

Croydon running the rule over 'best and final' offer for Brick By Brick | News

By Joey Gardiner2021-05-14T12:56:00+01:00 Decision over approach, understood to be from Urban Splash, to be made in early June Croydon council has confirmed that it is considering a final offer, understood to be from Manchester-based developer Urban Splash, to buy its troubled council housing company, Brick By Brick. In agenda papers published in advance of a meeting of Croydon’s cabinet on Monday, officials said the council received a “best and final” offer for Brick by Brick from a single bidder on 19 April. Brick By Brick’s scheme in Bramley Hill The papers appear to officially c...

Brick By Brick may need fresh council cash injection to avoid insolvency - Vimarsana News

Brick By Brick may need fresh council cash injection to avoid insolvency

Brick By Brick may need fresh council cash injection to avoid insolvency 1/8 APPROVED: Pitman Tozer Architects' 25-storey tower in Croydon town centre Source: 2/8 Wandle Road, by Pitman Tozer, is one of the Brick By Brick schemes which is still being built out Source: 3/8 Pump House housing in South Norwood, part of Brick By Brick’s smaller sites programme Source: Jim Stephenson 4/8 Redstart Close, New Addington by Common Ground Architecture (April 2020) - 16 homes [25% shared ownership; 75% affordable rent] 5/8 Bramley Hill, Waddon by Common Ground Architecture (April 2020) - 58 homes...

Urban Splash in talks to buy Brick By Brick - Vimarsana News

Urban Splash in talks to buy Brick By Brick

By Joey Gardiner2021-05-07T05:00:00+01:00 Manchester developer could enter London market with buyout of troubled Croydon housing company Manchester-based Urban Splash is in talks to enter the London market by buying up Croydon council’s troubled housing developer Brick By Brick. Building’s sister title Housing Today understands that press reports stating that a deal is in the offing are substantially correct. If so, it would wipe out the debt owed by Brick By Brick to Croydon. Brick By Brick homes in Upper Norwood, designed by Stitch Architects Last November, Housing Today revealed tha...

Urban Splash in talks to buy Croydon's Brick By Brick - Vimarsana News

Urban Splash in talks to buy Croydon's Brick By Brick

Urban Splash in talks to buy Croydon’s Brick By Brick Source:  Darc Studio Croydon Council is in advanced talks with developer Urban Splash about a sale of Brick By Brick, the local authority’s housebuilding business The deal, which was first revealed by the AJ’s sister publication Property Week, is at the final due diligence stage and is set to be discussed at Croydon’s cabinet meeting later this month. Advertisement If approved by Croydon Council, Manchester-based Urban Splash would snap up all of Brick By Brick’s existing assets – including its architecture arm, AJ 40 unde...