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Contractors sought in major step to open new Portishead rail line

Contractors sought in major step to open new Portishead rail line
A formal tender process for the design and build contract for the rail link is due to be completed by end of year
11:46, 24 FEB 2021
Updated
The Bristol to Portbury rail way line where the track splits at Pill (Image: PAUL GILLIS/Western Daily Press)
Preparations are being made to appoint contractors to carry out the work to construct the new Portishead railway line.
North Somerset Council says the next ‘major step’ in bringing the re-opening of the railway to fruition is to prepare the documents for the invitation to tender for the design and build contract and issue it to the market. ....

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Metro Student Housing Fund Buys Bristol, UK Asset

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Metro and friends are buying the Dean Street Works in Bristol
Singaporean property group Metro Holdings has added a second asset to its student housing fund with the purchase of a 181-bed accommodation near the University of Bristol in southwest England.
The fund, Paideia Capital UK Trust, bought the six-storey Dean Street Works for a total consideration of £30.1 million ($41.2 million), including the purchase consideration for the property of £29.4 million and related taxes, fees and expenses of £700,000.
The acquisition in the largest city in England’s southwest is the latest in a series of overseas student housing investments by Singaporean firms including Singapore Press Holdings and Mapletree Investments as institutions seek high yielding opportunities in a time of compressing yields. ....

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