In a letter sent to the council, planning inspectors said there was not enough “suitable and available land” to allocate to the planned new homes.
South West
The investor plans to refurbish the 2 College Square building in the Harbourside area with its asset management partner XLB.
The developer has also advanced plans for three further buildings at the site in addition to the 123,000 sq ft One Brabazon Gateway.
SNG chief finance officer Pete Benz said the facility would allow the group “to keep building the affordable homes our communities need, while upgrading the homes we already manage”.
The loan from Puma Property Finance will progress the developer's five-floor all-studio development.
Planning officers said the scheme with 220 homes and 43,000 sq ft of commercial space is a “transformational opportunity for the regeneration of Chippenham".
The pop culture brand is taking a 4,700 sq ft unit, while footwear retailer Sketchers is moving to a larger unit.
An unnamed grocery retailer and hire company Vision Vehicles have signed for a total of 94,000 sq ft.
The rail firm has leased the former Royal Mail sorting office next to Plymouth railway station.
Puma supplied the funding for the office-led Harbourside scheme in its largest deal to date and its first in Bristol.
The 113,573 sq ft unit on Central Approach in Avonmouth was developed by Hillwood in 2022.
The transaction, completed on 23 December 2025 for an undisclosed sum, will see the housebuilder take the plots from a wider 2,380-home development project.
The 484-bed scheme is the second acquired by the joint venture.
The site, acquired for an undisclosed sum, was bought to support the outlet strategies of the group’s key brand partners, which include Nike, adidas and BOSS.
Proposals for the site also include a new primary school, extra-care housing, sports pitches, play areas, allotments and community spaces.
Bath and North East Somerset Council brought a successful case against the companies for carrying out unauthorised works at 4 Wood Street.
The Interchange and One Brabazon Gateway are part of the Brabazon urban quarter, which is being developed on the site of the former Filton Airfield.
The star asset was a group of former council offices and a depot in the Essex village of Weeley, which fetched £1.152m after a bidding war.
The Kestrel Park development will comprise 135,150 sq ft of sustainable logistics space split between six units, ranging between 16,450 sq ft and 33,400 sq ft.
The firm plans to redevelop the vacant, 15,444 sq ft office building.