Month: June 2025
Regeneration Approved: Chorley’s Cowling Mill Site to Become Sustainable Housing Development
After more than a decade of delays and complications, the long-awaited redevelopment of the former Cowling Mill site in Chorley has finally received outline planning approval. Sixty-five new homes are now set to be built on the derelict plot, marking a significant milestone in one of the borough’s most protracted planning journeys. Originally submitted in…
UK 2025 Spending Review Marks Ambitious Shift Toward Clean Energy, Infrastructure, and Innovation
The UK government has unveiled its 2025 Spending Review, signalling a significant shift in fiscal strategy focused on long-term investment in energy, infrastructure, and technology. Chancellor Rachel Reeves announced a 2.3% annual increase in departmental spending above inflation, aiming to drive what she calls “Britain’s renewal” , a plan to deliver meaningful improvements in public…
UK Housebuilders See Stock Surge Amid Growing Optimism for Construction Boom
The UK housebuilding sector has experienced a notable upswing, with investor confidence rising sharply on the back of government policy signals and improving market conditions. Over the past five days, shares in Vistry Group climbed more than 20%, while Crest Nicholson gained 11.3%. Other major developers including Barratt Developments, Bellway, and Persimmon each posted increases…
Industry Welcomes Capital Investment Plan, but Delivery Challenges Loom
The UK’s construction, housing, and infrastructure sectors have broadly welcomed Chancellor Rachel Reeves’ £113bn capital investment programme, unveiled as part of the recent spending review. Touted as a cornerstone of the government’s plan to “deliver Britain’s renewal,” the investment has been hailed by industry leaders as a long-overdue step toward addressing decades of underinvestment and…
Built Environment Welcomes Strategic Infrastructure Boost in Spending Review
The UK’s built environment sector has responded positively to Chancellor Rachel Reeves’ announcement of a £113 billion capital investment plan, revealed in her first spending review. Touted as a cornerstone of “Britain’s renewal,” the initiative aims to drive growth through infrastructure, housing, and regeneration priorities long championed by professionals across construction, property, and architecture. Key…
The Venues Collection Leads the Way in Sustainable Transformation
The Venues Collection is redefining sustainability in the hospitality and events sector by proving that heritage and environmental responsibility can go hand in hand. With five residential venues, many housed in buildings over a century old, the group is taking decisive steps toward deep decarbonisation, guided by estates manager Martin Lyons. His leadership has been…
Why King Charles Keeps His 700-Property Sandringham Estate Under Tight Secrecy
Tucked away in the Norfolk countryside lies one of the most extensive and least understood royal estates in the United Kingdom Sandringham Estate. Spanning 20,000 acres and encompassing approximately 700 properties, the estate is a significant private holding of King Charles III. Despite its scale and importance, very little is publicly known about the estate’s…
KKR and Stonepeak Submit Final $2.3 Billion Offer in Competitive Bid for UK’s Assura
Private equity firms KKR and Stonepeak Partners have raised their offer for Assura PLC to nearly £1.7 billion ($2.3 billion) in an all-cash proposal, positioning it as their “best and final” bid. The revised offer of 52.1 pence per share, inclusive of dividends, marginally exceeds the 51.7 pence bid made last month by rival Primary…
Ashfield Approves Over 450 New Homes in Major Expansion Plans
Ashfield District Council has approved two significant housing developments totalling more than 450 new homes, marking a major step forward in addressing the district’s growing demand for housing. The projects, located on Hamilton Road in Sutton-in-Ashfield and Beck Lane in Skegby, will deliver 250 and 230 homes respectively. The developments, situated just 1.8 miles apart,…
Colliers Launches Refreshed Sustainability Strategy in 2024 Global Report
TORONTO, June 12, 2025 – Colliers has released its 2024 Global Sustainability Report, unveiling Built to Last, a renewed and forward-looking strategy designed to address today’s most pressing environmental, social, and governance (ESG) challenges. Grounded in an updated materiality assessment conducted earlier this year, the strategy centers on three key pillars: environmental sustainability, workplace experience,…