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Latest News
City3 magazine is published annually; in between issues the team gathers news about development and regeneration in Croydon and posts it here. An occasional email newsletter is also produced from this material. Send us your news: details or latest developments of your work on Croydon's regeneration; updates on your company; your thoughts on the Third City's future. Subscribe to the magazine and/or newsletter here.
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Bryant offers Thornton Heath deals
Published: 2009-08-28 09:19:48
Swift-moving property-seekers with a deposit saved can now receive an extra 5% towards a new apartment at Bryant Homes' 793 London Road development in Thornton Heath. (Sourced from easier.com.)
Offering the chance to secure a lower-rate mortgage on a one or two-bedroom apartment priced from £149,995, the 5% Gifted Deposit scheme is available on a first-come, first served basis for qualifying, quick-off-the-mark customers. read more
Industrial units change hands
Published: 2009-08-21 16:18:31
Acting through Nightingale Partners, Wallop Estates has bought three industrial units in Croydon totalling 61,593 sq ft. (Sourced from here.)
Units 1-3 Brazil Close were bought from the RREEF UK Industrial Fund for £4.5m - a net initial yield of 9.5%. read more
First time buyers find homes at Bauhaus
Published: 2009-08-21 11:06:37
Leading developer Durkan Estates highlights the housing market has showed further signs of stabilising with a steep rise in the number of first-time buyers getting on to the property ladder at its Bauhaus development in Croydon. (Story sourced from here)
Across the country, a total of 17,200 mortgages were taken out in June by people buying their first home, 26 per cent more than during May according to the Council of Mortgage Lenders. Plus around 45,000 mortgages were advanced for house purchases during the month, the fifth consecutive monthly increase and the highest level for a year. read more
Resolution mulls Park Place rescue
Published: 2009-08-10 18:35:54
Robert Laurence's Resolution is in preliminery talks to provide Croydon's beleaguered Park Place development with a cash injection. (Story sourced from Estates Gazette)
Resolution, which raised more than €800m (£683m) of equity for a €4bn vulture fund last year, recently began talks with site owner Minerva and other partires involved in the project to find a way to bring forward plans for the 1m sq ft shopping centre development. read more
Reactions to City3 #5
Published: 2009-07-29 12:18:09
The latest issue of City3 magazine has been well-received by Croydon's regeneration community.
"City3 is always full of good and useful information about an important regeneration programme, and this issue was no exception," said Mott MacDonald group marketing director Chris Trinder.
If you've not received a copy of City3, click here to download a pdf or order a copy by post.
read more
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