intelligence PROFESSIONAL EXPERTISE


Redevelopment to help young homeless people


Plans to restore an empty property into much-needed affordable housing for young homeless people in Bristol have been given the go ahead by Bristol City Council. The East Street Mews initiative


will create contemporary but affordable apartments that will transform the lives of young homeless people in the city. The project has been set up by a


team of local businesses, charities and property experts. The restored property will also include space on the ground floor for local businesses or social enterprises. East Street Mews is the


brainchild of Bristol-based property developer Cubex, property industry charity LandAid and local charity Developing Health & Independence (DHI). The team has enlisted the support


of other businesses in the property and construction supply chain, such as contractors Willmott Dixon and Lancer Scott to help convert the empty properties in Bedminster into high-quality housing. Gavin Bridge, director of


developers Cubex who are responsible for regenerating


Laying the foundations for a better future: East Street Mews


“Our big gap in housing for the homeless is ‘move on’ from the hostels. This amazing project fronted by Cubex, LandAid and many other partners meets that key need.” When complete, the apartments


will be offered for rent by DHI's social enterprise ‘Home Turf Lettings' at rental levels set according to the amount young homeless people can afford to pay.


Marcus Piet of Willmott Dixon showing young people from homeless charity 1625IP around East Street Mews


Bristol's new quarter at Finzels Reach, said: “With planning permission now granted, we can now forge ahead with construction works, bringing us one step closer to providing vital affordable


housing for young people in our city.” Planning consent was granted by


Bristol City Council. Paul Smith, councillor and cabinet member for housing at Bristol City Council, said:


To find out more about the project, volunteer on-site skills, time or materials, or if you can provide items to furbish the apartments, visit the website www.eaststreetmews.co.uk or contact Eleanor Lynch at East Street Mews on eleanor@eaststreetmews.co.uk


Property consultants build up a new team


South West private commercial property consultancy, ETP Property Consultants has appointed Alastair Kimpton and Edward Le Masurier as partners as part of a major overhaul of the business. Alastair joins the firm after a


five-year stint with Jones Lang LaSalle. Edward has been with ETP since 2010. Specialising in development


consultancy and commercial valuations, Alastair works with lending institutions, developers and land owners to enable finance and bring forward new developments.


26 insight JANUARY/FEBRUARY 2019 He said: “The commercial


property sector has seen significant change in recent years, with the region becoming increasingly attractive to developers and investors seeking higher returns than can be found in the South East.” Alastair also advises on the non-


PBSA student market which has seen considerable growth over the last few years. “The market has matured


sufficiently, and such is the weight of money in the market, we are now being approached by large institutions seeking to acquire regional portfolios of HMOs.”


‘When complete, the apartments will be offered for rent’


PROPERTY


Moving up: Edward Le Masurier and Alastair Kimpton


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