Developer Fiera Real Estate partners with USS on £500m UK industrial platform
Developer Fiera Real Estate has formed a major joint venture with the Universities Superannuation Scheme to launch a new UK-focused industrial development platform. The partnership will see USS commit around £500m to the venture, which has been established with an initial five-year term. The joint venture will target individual acquisitions of up to £50m, focusing on the development of prime small-to-mid-box industrial assets in strategically located urban markets across the UK. The platform will be managed by Chris Button, head of investment management for Europe at Fiera Real Estate, and will concentrate on brownfield and established employment sites. The ambition is to deliver multi-let urban industrial schemes of up to 250,000 sq ft that respond to strong occupier demand for modern, well-located space. Fiera Real Estate said the joint venture will draw on its operating partner model and its track record in delivering ground-up development projects, with the aim of building a market-leading logistics portfolio. Sustainability will be a central theme, with schemes designed to meet high ESG standards and align with the evolving priorities of occupiers. Charlie Allen, head of European real estate at Fiera Real Estate, said the platform is intended to address demand for contemporary industrial assets that support sustainability objectives, improve supply-chain resilience and enhance carbon performance. He added that favourable market dynamics, pricing conditions and the continued digitalisation of the economy underpin the long-term investment case for UK logistics and urban industrial property. Alex Turner, head of property at Universities Superannuation Scheme, said the partnership builds on USS’s established presence in the industrial sector. He noted that the scheme already has a £1.5bn industrial portfolio and brings deep sector expertise to the venture. The joint venture is already progressing, with two prime sites under offer in South East England. Together, the schemes are expected to deliver a combined gross development value in excess of £100m. While financial terms have not been formally disclosed, the partnership signals continued confidence in the UK industrial and logistics market, particularly in well-connected urban locations where supply remains constrained. Building, Design & Construction Magazine | The Choice of Industry Professionals
Developer-led City Ground expansion could boost Nottingham Forest capacity to 52,000
Developer-backed plans to significantly expand Nottingham Forest Football Club’s City Ground have been submitted, setting out proposals to increase the stadium’s capacity from 30,445 to around 52,000. The planning applications mark a major step forward in the club’s ambitions to deliver a large-scale redevelopment of the historic riverside ground. Nottingham Forest’s owner, Evangelos Marinakis, said the proposals represent a significant investment that would create a sustainable and iconic stadium, forming an integral part of the economic growth of Nottingham and the wider region. The redevelopment has been designed by KSS Design Group, which is also leading stadium expansion projects at Anfield for Liverpool FC and Elland Road for Leeds United. The wider professional team includes Buro Happold, Gleeds and Savills, reflecting the scale and complexity of the proposed transformation. Under the new plans, the City Ground would be comprehensively redeveloped to deliver a modern, high-capacity stadium capable of supporting the club’s long-term sporting and commercial ambitions. Visuals released by the club show a substantially enlarged venue designed to enhance the matchday experience for supporters while improving facilities and accessibility. In a statement, Nottingham Forest said it is looking forward to working closely with the Mayor of the East Midlands, Rushcliffe Borough Council, Nottingham City Council and Nottinghamshire County Council, as well as fans and the wider community, to secure a positive outcome for the scheme. The new proposals replace a previously approved, more modest expansion. Last year, the club secured planning permission from Rushcliffe Borough Council to increase capacity to 35,000 through the demolition and rebuild of the Peter Taylor Stand. Those plans have now been set aside in favour of the more ambitious redevelopment. Architect Konstantinos Chatzimanolis, formerly of Foster & Partners, has also been advising the club on its expansion strategy since April last year. James Faflik, senior director and project lead at Gleeds, said he was proud to have led the professional team on what he described as a transformative stadium redevelopment. He said the project would deliver significant benefits for supporters, the local economy and the wider area, and expressed his enthusiasm for progressing the scheme following submission of the planning application. Gleeds regional director Matt Darby added that feedback from local businesses, councillors, season ticket holders and other stakeholders had been overwhelmingly positive. He said the firm is looking forward to continuing its long-standing relationship with the club as the project moves through the planning process. Building, Design & Construction Magazine | The Choice of Industry Professionals
Developer Chart Forte wins approval for landmark City office-to-hotel transformation
Developer Chart Forte has secured planning approval to deliver a four-storey rooftop extension as part of the conversion of a former City of London office building into a luxury hotel. The City of London Corporation has granted consent for the redevelopment of the Grade II-listed St Clement’s House at 27–28 Clements Lane, clearing the way for a 180-key Marriott hotel in the heart of the Square Mile. The scheme is being brought forward by family-run developer Chart Forte (Monument), with designs by Studio Moren. Construction works are expected to commence this summer, with the build programme anticipated to last between 18 and 24 months. Located between Monument and Bank, the mid-19th century building will be transformed from underused office space into a design-led hotel, supporting the City’s wider ambition to diversify land use beyond its traditional commercial office base. The proposals include a public-facing ground floor offering a lounge, restaurant, café and bar, helping to animate the surrounding streetscape throughout the day and evening. A key feature of the scheme is a lightweight metal rooftop extension that will add four new storeys of guest accommodation. The curved design has been developed to respond sensitively to the building’s historic context, drawing inspiration from its existing segmental arches as well as the vaulted forms of nearby St Clement’s Church. This approach allows the hotel to increase capacity while maintaining a respectful relationship with the surrounding townscape. The conversion is underpinned by a heritage-led strategy that will see key architectural features retained and restored. These include the marble-clad street-level façade, original staircases and cast-iron columns. Elements that have been lost over time, such as decorative plaster ceilings, chimney breasts and internal arches, will be reinstated as part of the works. Sustainability sits at the heart of the proposals, with the project targeting a BREEAM Excellent rating. A reuse-first approach will be adopted, incorporating roof-mounted photovoltaic panels, low-carbon materials and building services, fabric upgrades, rainwater harvesting and the creation of a biodiverse green roof. Once complete, the hotel is expected to make a significant contribution to the City’s growing leisure and hospitality offer, bringing new life to a historic building while responding to changing patterns of demand in the Square Mile. Building, Design & Construction Magazine | The Choice of Industry Professionals
Developer Marvel secures go-ahead for £300m Welsh indoor ski resort
Developer Marvel has secured full planning approval to deliver a £300m indoor ski and leisure resort in Wales after the Welsh Government confirmed it would not intervene in the scheme. Councillors at Merthyr Tydfil Council have now given final approval for the Rhydycar West development, clearing the way for what is being promoted as the UK’s longest indoor snow centre. The site is located on land to the south west of the A470 and A4102 roundabout. At the heart of the scheme is a 400-metre-long indoor ski slope, which would significantly exceed the length of existing UK facilities and place the resort among the largest indoor snow centres worldwide. The development will also include a tropical water park, a range of indoor and outdoor adventure attractions, up to 418 hotel bedrooms, 30 woodland lodges and approximately 830 car parking spaces. Marvel said the facility is intended to become the official training base for GB and Welsh Olympic and Paralympic snow sports teams, positioning Merthyr Tydfil as a major destination for winter sports and leisure tourism. Plans for the Rhydycar West scheme were first unveiled in 2017, with a formal planning application submitted in 2023. When the proposals were considered by councillors in March 2025, members voted against officers’ recommendations to refuse consent on the former coal and ironstone mining site. The decision prompted a referral to the planning inspectorate. In November 2025, the Welsh Government confirmed it would not call the scheme in, returning the application to Merthyr Tydfil Council for a final determination, which has now been granted. Marvel said the resort would surpass the UK’s current benchmark indoor snow facility at Manchester’s Chill Factore and deliver a major boost to the local and regional economy. The developer estimates that the project will generate around 1,500 construction jobs during the build phase, with approximately 1,200 of those expected to be filled by local workers. Once operational, the resort is forecast to support around 800 permanent jobs across hospitality, leisure and facility management. With planning hurdles now cleared, Marvel is expected to progress the scheme towards delivery, bringing one of the UK’s most ambitious leisure developments a step closer to reality. Building, Design & Construction Magazine | The Choice of Industry Professionals
Developer Gamuda and Castleforge hand Multiplex £250m City of London contract
Developers Gamuda Berhad and Castleforge have formally appointed Multiplex to deliver the £250m main construction contract for the redevelopment of 75 London Wall in the City of London. The contract was signed this week, clearing the way for full construction to begin on the landmark scheme following extensive enabling and demolition works carried out by the Erith Group. The wider redevelopment carries an overall project value of £1.2bn, with practical completion targeted for the first quarter of 2028. Multiplex has been closely involved in the scheme for the past year under a pre-construction services agreement, working alongside the development team to refine buildability, programme and sustainability strategies ahead of the main works commencing. Once complete, the redevelopment of 75 London Wall will deliver more than 450,000 sq ft of Grade A office accommodation, repositioning an existing large-scale building into a future-ready commercial asset at a time when availability of high-quality office space in the City remains constrained. Niall Farmer, head of Gamuda Land UK at Gamuda Berhad, said the contract award marked an important step in the group’s expansion in the UK market and its strategy to unlock long-term value from prime London assets. He added that the scheme represents a rare opportunity to transform a building of scale into highly sustainable workspace at a point when demand for top-tier offices continues to outstrip supply. Michael Kovacs, founding partner of Castleforge, said the timing of the project was critical. With office construction starts in London at their lowest level in almost two decades, he said bringing the scheme to completion in 2028 would help address acute supply shortages, noting that successful office investment often requires building through the quieter parts of the cycle. Callum Tuckett, managing director of Multiplex, said delivering a project of this scale in the heart of the City demands both technical expertise and innovation. He added that the scheme would set a new benchmark for sustainable commercial development, with the contractor’s early involvement enabling the project team to move swiftly into the delivery phase. The redevelopment is expected to play a significant role in shaping the next generation of City office space. Building, Design & Construction Magazine | The Choice of Industry Professionals
Robertson FM lands first ScotRail estate services contract
Robertson Facilities Management has secured its first contract with ScotRail after being appointed to deliver grounds maintenance and winter gritting services across the rail operator’s Scottish estate. The two-year contract was awarded following a competitive tender process and marks the first time Robertson Facilities Management has worked with ScotRail. The appointment strengthens the company’s presence within the transport and infrastructure sector. Under the agreement, Robertson Facilities Management will deliver planned and reactive services at more than 360 locations across Scotland. These include stations, depots, signalling centres, office buildings, operational yards and a wide range of passenger-facing environments that require year-round maintenance. The scope of works covers winter gritting, vegetation control, litter collection and broader grounds maintenance activities. The services are designed to support safe, accessible and well-managed environments, particularly during challenging winter conditions, while maintaining consistent standards throughout the year. William Heaney, managing director for Scotland at Robertson Facilities Management, said Scotland’s rail network plays a vital role in daily life and requires a high level of care to ensure it remains safe, compliant and welcoming. He said the business brings extensive experience in maintaining complex operational estates and will apply this expertise to deliver consistent, high-quality and value-driven services across the ScotRail network. Heaney added that the company is looking forward to developing a collaborative partnership with ScotRail to support both staff and passengers throughout the year. The contract award represents an important milestone for Robertson Facilities Management and reflects growing demand for integrated, reliable estate services across major transport and public sector portfolios. Building, Design & Construction Magazine | The Choice of Industry Professionals