Investor: Newett Homes
Strategic Land Group has successfully sold a 74-home development site in Kirton in Lindsey, Lincolnshire, to Newett Homes. This transaction follows the successful securing of detailed planning permission for a residential scheme featuring green spaces and a 10% biodiversity net gain.Summary of transaction details:Value: UndisclosedSector: Real EstateAdvisor: Not specifiedKey Entities: Strategic Land Group (Seller), Newett Homes (Acquirer), 74-home development site (Asset)Location: Kirton in Lindsey, Lincolnshire, UKNote: This acquisition by Newett Homes highlights the ongoing demand for residential development sites, particularly those with secured planning permission that streamline project timelines and mitigate regulatory risks, contributing to regional housing expansion.
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