| The biggest property news of the week comes from the West Midlands, where investors Legal & General have pledged to plough £4bn into a series of Levelling Up schemes. Fresh from the firm's trip to Tyneside last week, to announce the potential for further investment at Newcastle Helix, CEO Nigel Wilson travelled to the region to agree a seven-year plan with the West Midlands Combined Authority. Its scope encompases support for housing of all tenures, including social and modular, commercial property and urban regeneration. The deal cements the institutional investor's strong foothold in the region where it has invested £2n into schemes including the new Birmingham Health Innovation Campus, and the Enterprise Wharf tech building. Mr Wilson said: "We have been investing across the UK in partnership with cities and universities for a decade. It's part of our 'inclusive capitalism' approach and has delivered terrific economic and social results." Read of the firm's plans for the West Midlands here.
Meanwhile in Bristol, impressive CGIs have been published showing how the Vassall Centre in Fishponds could be turned into a new mixed-use neighbourhood. Bristol Charities, a provider of sheltered, retirement and extra care housing in the city and South Wales, is behind the plans which would breathe new life into the area, creating an almshouse, and 80 homes, including flats at affordable rents for older people. Read the full story here. Similar schemes have also been highlighted at this week's UK's Real Estate Investment and Infrastructure Forum (UKREiiF) event in Leeds. Delegations from across the UK have showcased investment opportunities at the three-day event, which provides a platform for the public sector to showcase the scale of development progress and to profile future investment opportunities to investors, developers and occupiers. Among those opportunities is The Goods Yard, Stoke-on-Trent's new £60m urban quarter. The developer behind the project is calling on firms to get in touch about the site after shining a light on its plans at UKREiiF. You can read more on that story here.
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