Velorine

Neuberger Berman’s NRO Fund Strengthens Leverage Structure to Support Growth Strategy

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE American: NRO) has announced a strategic amendment to its leverage arrangements, transitioning from a revolving credit facility to a margin facility. In addition, the Fund has increased its committed debt financing from $70 million to $90 million. This adjustment reflects the Fund’s intent to better align…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More
Back To Top