UKREiiF News

GLIL Infrastructure and Bluefield Solar Income Fund to invest in UK solar energy assets in phase three of strategic partnership

GLIL Infrastructure LLP (“GLIL”), the £4.1bn UK-based infrastructure investment fund, and Bluefield Solar Income Fund Limited (“Bluefield Solar” or “BSIF”), the London-listed income fund (LON: BSIF), have invested into new solar energy assets as third stage in their strategic partnership. The investment – which has been made through Lyceum Solar, the joint venture created by […]

Posted by: Mya Driver

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Derwent London Launches Sale of Landmark Brunel Building in Paddington

Derwent London has officially placed the Brunel Building, one of Paddington’s most prominent office properties, on the market with an asking price of up to £300 million. The award-winning developer and investor has appointed leading global real estate advisors CBRE and Knight Frank to manage the sale process. Standing as a striking architectural landmark on […]

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Church Commissioners for England Submit Outline Planning Application for Major New Housing Scheme in Northallerton

The Church Commissioners for England have submitted an outline planning application for the second phase of a landmark residential development in Northallerton, North Yorkshire, which could deliver up to 484 new homes, a primary school, and a neighbourhood centre. The proposed development spans a 25.8-hectare site between Stokesley Road and Bullamoor Road, approximately a 30-minute […]

Posted by: Mya Driver

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Vinci Secures Planning Approval for £250m Stockport 8 Regeneration Scheme

Vinci Construction has been granted official planning permission to deliver the landmark Stockport 8 regeneration project, a £250 million development that marks the most significant residential proposal in the borough’s history. The approval was confirmed by Stockport Council’s planning committee today. Led by ECF – a partnership between Muse, Legal & General, and Homes England […]

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L&G and Federated Hermes announce fund merger

L&G and Federated Hermes today announce that the Federated Hermes Property Unit Trust (“FHPUT”) has merged into the L&G Managed Property Fund (“MPF”), in a landmark transaction that reflects the focus of both firms to act in the best interests of investors. A substantial portion of FHPUT unitholders’ holdings will be transferred to the MPF, […]

Posted by: Mya Driver

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Westpoint Homes Secures £3.2m Refinance Loan

Westpoint Homes has sealed a £3.2m loan from Secure Trust Bank (STB) Real Estate Finance to refinance 12 apartments and four townhouses across two residential developments in Scotland. The residential investment loan will be used to fund the Glasgow-based housebuilder’s premium Circle Green and The Point complexes for the next five years. The Point comprises 24 two-bed […]

Posted by: Mya Driver

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Landsec announces sale of QAM office for £245m

Landsec has exchanged contracts for the unconditional sale of its Queen Anne’s Mansions, SW1 (“QAM”) office block to Arora Group for a total cash consideration of £245m, crystallising substantial value via a deal which is immediately accretive to Landsec’s return on equity. The disposal marks significant early progress on Landsec’s objective to release £2bn of capital from offices […]

Posted by: Mya Driver

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LifeSight Announces £450 Million Strategic Investment in Schroders Greencoat’s Global Renewables+ LTAF

LifeSight, WTW’s defined contribution (DC) master trust, has today announced a landmark investment of £450 million in the Schroders Greencoat Global Renewables+ Long-Term Asset Fund (LTAF), with the potential for further commitments in the future. The investment will be incorporated into LifeSight’s core default funds, ensuring that the vast majority of its members directly benefit […]

Posted by: Mya Driver

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