by
Taylor Wimpey has bought the Chilton Woods development site on the edge of Sudbury, Suffolk, from the county council for £35m.
The deal was set to exchange in March but had been delayed due to coronavirus.
The development will see 1,150 homes new homes built, 25% (or 288) of which will be affordable. A new primary school will be built alongside a village centre, local shops, a pub and a village hall. Some 50% of the site is allocated as green spaces.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
AEW UK REIT has bought a high street retail asset in Hitchin, Hertfordshire, for £10m. The purchase price reflects a net initial yield of 8.3% and a capital value of…
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
Newcastle is home to the first quarter’s biggest deal with DWP’s 170,000 sq ft pre-let
Peter Bill on the “impending damnation of property portals”
