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Don't have an account? Click here to register.Inland Homes organises Hillingdon acquisition for unnamed partner
Mon, 04th Mar 2019 09:19
(Sharecast News) - Inland Homes has facilitated the purchase of a "high profile development site" on behalf of an investor with whom it had a long standing relationship, it announced on Monday.The AIM-traded South East of England-focussed housebuilder and brownfield developer said the six acre site, known as 'Hillingdon Gateway' in the London Borough of Hillingdon, was allocated for a major residential-led mixed use scheme, which had capacity for more than 400 homes and commercial space.It said the site had a long planning history, including an approval in 2014 for a 3,500 square metre retail food store, a 70-bed hotel and 125 homes.More recently, it received a refusal for 435 residential units and some business space.Inland said it would manage the planning process and the ultimate development on behalf of the unnamed investor for a management fee, and a share of the development profits."This is a high profile opportunity next to Hillingdon station with fast access to London on the Metropolitan line," said Inland Homes chief executive Stephen Wicks."It also adjoins the M40 and thus a highly sustainable location."Wicks said that, although it had a long chequered planning history, Inland had an "excellent" track record in resolving planning issues and securing viable planning permissions, with the board reportedly confident in achieving it on that site, having already formulated a "very focussed" strategy to secure an early consent."Once consent is secured, Inland expects to negotiate a major partnership housing opportunity with a housing association or a build-to-rent operator."
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12 Mar 2018 10:19
Inland Homes To Acquire Former Brooklands College Site In Middlesex
LONDON (Alliance News) - South East England-focused housebuilder Inland Homes PLC said it has agreed to acquire its joint venture partner's 80% in Ltd
Read more24 Nov 2016 16:12
14 Nov 2016 10:22
Inland Homes expands Essex residential pipeline with joint venture
(ShareCast News) - AIM-listed brownfield housebuilder Inland Homes has entered into a joint venture with contractor Anderson Group to develop 43 new homes in Essex. The companies with develop the new homes on a three-acre site in Basildon, which was initially sourced by Anderson Group, which is alre
Read more14 Oct 2016 08:43
Inland Homes's revenue falls but 'largely unaffected by Brexit'
(ShareCast News) - AIM-listed housebuilder Inland Homes' full-year revenue fell but the company pointed to a number of developments in the pipeline including a new joint venture with a local authority, adding that it was unaffected by Brexit uncertainty arisen since the referendum result. For the ye
Read more20 Sep 2016 09:09
Lack of land availability drags on smaller housebuilders
(ShareCast News) - The biggest barrier for two-thirds of small and medium sized building firms was the lack of available land, according to a new industry survey, which has resulted in a skewing of the market towards larger operators in recent decades. For the second year in a row, small and medium-
Read more31 Aug 2016 13:35
Inland Homes agrees new bank loan as ex-Tesco HQ redevelopment progresses
(ShareCast News) - Inland Homes has refinanced part of its bank debt at improved terms and completed the purchase of a 13-acre regeneration project in Hertfordshire on the site of Tesco's former headquarters. Brownfield specialist Inland has secured a new, five-year £27m debt facility against its de
Read more22 Jul 2016 16:07
Inland Homes warns on profits ahead of final results
(ShareCast News) - South East England-focused housebuilder Inland Homes updated the market on its trading on Friday, ahead of its preliminary results for the 12 months ended 30 June, which will be announced in September. The AIM-traded company said it has maintained a considerable focus on successfu
Read more6 Jul 2016 15:49
Inland Homes forms joint venture on Cheshunt regeneration
(ShareCast News) - Brownfield regeneration specialist and housebuilder Inland Homes announced on Wednesday the unconditional purchase of a substantial regeneration project in Cheshunt, Hertfordshire. The AIM-traded firm said contracts have been exchanged by a 50-50 joint venture with an unnamed part
Read more28 Apr 2016 15:00
21 Mar 2016 09:10