Knowsley Council Greenlights Transformative Huyton Town Centre Redevelopment Nov 21, 2024 Knowsley Council has officially approved funding for the first phase of the ambitious Huyton town centre redevelopment project. This significant step forward will see the construction of a new council headquarters, a 130-room hotel, and 72 affordable one- and two-bedroom apartments, marking the beginning of a transformative 10-year masterplan for the area. The redevelopment project […] Posted by: Deividas Krupstas Read more
Tristan’s Debt Fund Finances Life Science Portfolio for BGO Nov 21, 2024 Tristan Capital Partners, on behalf of the TIPS One Debt Fund and co-investment capital, has arranged a senior £180 million loan to fund a portfolio of prime life science assets in Oxford and Cambridge backed by leading global real estate investment manager, BGO and their joint venture partner Mission Street. The loan is secured against […] Posted by: Deividas Krupstas Read more
Starlight Investments acquires £500m of under-development BtR assets Nov 21, 2024 Starlight Investments (“Starlight”), a leading global real estate investment and asset management firm, has acquired three build-to-rent (“BTR”) communities under development in Manchester and Basildon, for over £500 million. In Manchester, Starlight will be acquiring two high-rise towers from Renaker, a leading UK developer with a long-standing and successful track record. Manchester has experienced among the […] Posted by: Deividas Krupstas Read more
Cain Secures 674,265 sq. ft. Lease with B&M Retail for Ellesmere Port Logistics Facility Nov 19, 2024 Cain International has announced it has secured a lease with B&M Retail Limited (“B&M”) for Link 674 at Ellesmere Port, marking a significant milestone for its logistics portfolio and one of the largest lease agreements in the U.K. logistics market this year. As part of the agreement, B&M will sign a 10-year lease for the […] Posted by: Deividas Krupstas Read more
Bain Capital closes global fund with over £7bn in investable capital Nov 19, 2024 Bain Capital has announced it has completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to circa £7.1 billion. This capital base includes Global Special Situations Fund II, which received £4.5 billion in total commitments, inclusive of co-investments and separately managed accounts, and £2.6 […] Posted by: Deividas Krupstas Read more
Clarion Partners agrees £200m million NAV line with NatWest Nov 19, 2024 Clarion Partners Europe, the real estate investment fund manager specialising in European logistics and industrial assets, has agreed a £200 million NAV Line facility with NatWest for one of its co-mingled funds, which reports under Article 8 of the SFDR. It represents the first transaction between the two parties. The NAV facility also represents the […] Posted by: Deividas Krupstas Read more
Pennyfarthing Homes submits plans for 74-new homes Nov 19, 2024 Pennyfarthing Homes has submitted a planning application for 74 new homes in Fordingbridge as part of its plans to build a neighbourhood of 342 homes on the northern edge of the Hampshire market town. The new development which is part of the wider scheme known as Forde Valley and follows Pennyfarthing’s popular Whitsbury Green development, […] Posted by: Deividas Krupstas Read more
Persimmon and Barratt Redrow agree major joint venture on 2,500-home site in Wiltshire Nov 18, 2024 Developers Persimmon and Barratt Homes Bristol have finalised a major joint venture in Trowbridge, Wiltshire, marking a significant step toward delivering thousands of new homes to the community. Persimmon has been actively collaborating with Wiltshire Council to finalise outline planning permission for up to 2,500 homes at the site. With this new partnership, half of […] Posted by: Deividas Krupstas Read more
LondonMetric continues capital recycling selling £58 million of assets and acquiring a retail park for £10 million Nov 18, 2024 LondonMetric Property Plc announces that it has sold 24 properties across various non core sectors for a total consideration of £57.9 million, reflecting a 6% profit over prevailing book values. The sales include 22 LXi properties and comprise: Since 31 March 2024, LondonMetric has sold 52 assets for £209 million, reflecting a NIY of 7.6%. […] Posted by: Deividas Krupstas Read more
Supermarket Income REIT acquires £50m Huddersfield Sainsbury’s store Nov 18, 2024 Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust with secure, inflation-linked, long-dated income from grocery property, announces the acquisition of a Sainsbury’s omnichannel supermarket in Huddersfield, West Yorkshire, for a total purchase price of £49.7 million (excluding acquisition costs), reflecting an attractive net initial yield of 7.6% (the “Acquisition”). NIY achieved on […] Posted by: Deividas Krupstas Read more
