Press

28 May 2021

Summix secures planning consent for urban regeneration scheme in Galway city centre

Summix, a developer of sustainable property projects across the UK and Ireland, has secured approval from Galway City Council for its planning application to deliver one of the largest, most significant urban regeneration schemes in Ireland, called Augustine Hill, which is right in the heart of Galway city centre.
Relevance: Augustine Hill
2 April 2021

Harrington – LDN Collective addresses United Nations Development Programme conference

Maxwell Farrell, CEO of LDN Collective, references Harrington and our ambitions to create an exemplary new settlement..."We are currently working on the first new town in the UK to have a response to the climate emergency in its DNA in Harrington, South Oxfordshire. As well as being zero carbon we are increasing biodiversity, addressing nitrogen oxide in the air and water, enabling local food production and creating local mobility hubs.".
Relevance: Harrington
1 December 2020

Appeal of the PBSA sector holds up

Property Week and Student Roost brought together a panel of industry experts to discuss the challenges facing the purpose-built student accommodation sector and the opportunities that have opened up this year.
Partner at Summix Capital, Niamh O’Connor: "We remain upbeat about the sector. Transaction volume is still there; it might be slightly lower than where it has been, but long-term institutional investors still see a lot of resilience in the market. We are not seeing any transactional distress; banks are not pulling the carpet from under people. Part of the reason we are still active is we see the recovery period coinciding with construction periods. If you have a two-year construction period, we think the market will have actively recovered from Covid and there will be pent-up demand that will need to be fulfilled for the academic year in 2022-23, for example."
Relevance: PBSA (Student) Industry
6 November 2020

Student Roost moves into Bristol with PBSA and co-living scheme

Student Roost has bought two new sites for PBSA schemes in York and Bristol from Summix Capital.......Under a £70m forward funding deal with Watkin Jones, Student Roost will deliver a 291-bed scheme at Unity Street in Bristol - its first scheme in the city - and a 368-bed property at Frederick House in York. ....“It’s fantastic news that we’ve been able to agree this deal with Summix Capital and Watkin Jones, particularly in the current environment,” said Student Roost chief investment officer Stephen Rigby..... Stuart Black, development director at Summix Capital, commented: “We are delighted to have completed the sales of these two fantastic sites during such difficult times, which is testament to the quality of the projects and the parties involved, and are excited to see them progress through to the next stage of their development.”
8 October 2020

Plans for new 186 bedroom City Centre hotel

Planning permission is being sought for the constructions of a new hotel in Galway City Centre, down by the docks, with 186 bedrooms. Plans have been submitted by Summix BNM Developments to the city council to demolish a vacant industrial building on Lough Atalia Road next to Forthill Cemetery.
Source: Galway Daily
Relevance: Bord Na Mona