Paddock Johnson: New Brighton

Viking pushes boat out on leisure at £80m New Brighton scheme

The developer aims to submit an application for a mixed-use scheme at Marine Promenade this summer It is close to agreeing a deal that will see a leading UK entertainment provider take 80,000 sq ft at the Wallasey project.  The attraction will be Gravity Active’s second North West venture. The family entertainment provider signed for 31,000 sq ft at Warrington’s Time Square last summer.  In New Brighton, the ground floor leisure space would replace the existing New Palace and Adventureland attractions that are to be demolished in a bid to revitalise the…

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Mayfield Park c. Studio Egret West & Factory Fifteen

U+I’s hunt for Mayfield funding goes on

The developer is still looking for lenders to back the first phase offices and car park at the large Manchester project. The developer ……. [has] updated the stock market on the “root and branch review” of the business. Shares in U+I fell 5% on Wednesday morning as it reported a pre-tax loss of £86.7m in the year to April compared to a £58.6m loss the year before. The net asset value of its portfolio fell 30% to £202m. A series of disposals reduced debt to £72.1m, a gearing level of…

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Cedric Dhaenens via Unsplash

Green calendar aims to boost Dubai’s status as sustainable tourism destination

Department of Tourism and Commerce Marketing targets residents and visitors with new ‘Get into the Green Scene’ initiative. Dubai tourism bosses have launched a new initiative to further position the emirate as one of the world’s leading sustainable destinations. Dubai Sustainable Tourism (DST), part of Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), has launched ‘Get into the Green Scene’. The initiative is aimed at Dubai residents and visitors to raise awareness of the city’s sustainable attractions and highlight the ease of incorporating sustainable practices into everyday life. The launch includes…

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