Page 23 - John Downes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sarah Townsend Investor PGIM Real Estate has acquired a 25% stake in the developer of Sci-Tech Daresbury and the regeneration of Parkside Colliery on behalf of one of its funds. Warrington-based Langtree already manages around £400m of assets on PGIM Real Estate’s behalf and the investment will help to spur Langtree’s growth and provide it with “the financial resources to boost its activities”, the parties said in a statement. US-based PGIM Real Estate is the property investment business of PGIM, the $1.4trn global investment management arm of New York Stock Exchange-listed Prudentia...

John Downes THE firm behind the transformation of Warrington's southern gateway has secured a major investment. Langtree is is behind Wire Regeneration, the major mixed-use town centre southern gateway redevelopment and SciTech Daresbury. Now PGIM Real Estate has acquired a 25 per cent stake in Langtree, on behalf of an investment strategy, in a multi-million pound deal. John Downes, Langtree’s chief executive and its majority shareholder, said: “We are delighted to have secured this equity investment into the business. PGIM Real Estate has tremendous strength in depth and a wealt...

Infrastructure works commence for latest tenant at Hollinwood Junction Date published: 29 January 2021 Pictured (left to right) are Simon Foden, Group Senior Development Manager, Langtree and Cllr Sean Fielding, Leader of Oldham Council Infrastructure works have begun at the £35m Hollinwood Junction regeneration project in Oldham to facilitate the newest arrival to the scheme. Contractor I&H Brown will deliver a £2m package of works to unlock the site previously blighted by a large redundant gas holder. The infrastructure scheme, comprising two new roundabouts, site entrance road, drain...

An aerial view of the proposed Parkside site A PUBLIC inquiry into a proposed major development on the site of the former Parkside Colliery will be held next week. St Helens Borough Council granted outline planning permission for the first phase of regeneration of the former Newton-le-Willows pit site and surrounding land last December. The plans would see the land transformed into a major logistics hub. The site, which is in the green belt, is viewed as a major employment site for the borough and region. Plans were were submitted by Parkside Regeneration LLP, a joint venture betw...

The link road will run alongside the proposed redevelopment on the Parkside site BATTLE lines will be drawn over a controversial development on the site of the former Parkside Colliery next week Outline planning permission was granted for the first phase of the regeneration of the former colliery in last December, which would see it transformed into a major logistics hub. The site, which is in the green belt, is viewed as a major employment site for St Helens and the Liverpool City Region, with the combined authority approving £24 million for the Parkside Link Road project in November...