CPP and Kennedy Wilson JV to target £1bn UK single-family rental portfolio Oct 24, 2024 Canada Pension Plan Investment Board (CPP Investments) has partnered with global real estate investment company Kennedy Wilson (NYSE:KW) to launch a new single-family rental housing joint venture (“the JV”) in the United Kingdom. CPP Investments will initially commit £500 million, with Kennedy Wilson committing £56 million. The JV will have an initial target of approximately […] Posted by: Deividas Krupstas Read more
abrdn expecting new growth phase in the real estate sector fuelled by REITS, Rates and Rents Oct 24, 2024 Publishing its Q4 Real Estate House View, abrdn that said they believe that Real Estate has turned a corner and is moving into a new growth phase, with a rebound imminent as rate cuts start to come through. abrdn has upgraded its investment view on real estate from neutral to overweight for the first time […] Posted by: Deividas Krupstas Read more
Vistry partners with Solihull Council to deliver 177 sustainable new homes Oct 24, 2024 Solihull Council has struck a development deal with leading homebuilder Vistry Group PLC to build up to 177 affordable new homes for its residents. The sustainable new development will be built on the site of the former Simon Digby School in Chelmsley Wood. This well connected spot, located between the Chester Road (A452) and the […] Posted by: Deividas Krupstas Read more
Greystar secured £68.5m debt facility from Societe Generale for London scheme Oct 23, 2024 Greystar, a global leader in the investment, development and management of real estate, including rental housing, logistics, and life sciences, today announces the close of a £68.5 million debt facility, arranged by Societe Generale. The brownfield site will be regenerated for Greystar’s Stratford Mill project to provide 247 apartments. 42 of these will be affordable […] Posted by: Deividas Krupstas Read more
Pigeon acquires Chelmsford Grade A office asset in £7m deal Oct 23, 2024 Pigeon has acquired Parkview House in Chelmsford city centre – a Grade A office building – for £7.1m. The purchase marks Pigeon’s first office acquisition following the Covid pandemic showcasing a returning confidence to the commercial property market. The building boasts an impressive roster of businesses in the financial and professional services sector. As a […] Posted by: Deividas Krupstas Read more
130-bed PBSA project approved in Coventry Oct 23, 2024 Sama Investment Group, a Birmingham-based developer and investor, has seen plans for 130 student beds at the edge of Coventry city centre approved by councillors. The development, known as Charter House, will see an industrial site on Charterhouse Road transformed to deliver a new student accommodation scheme across four and six storey buildings. This is […] Posted by: Deividas Krupstas Read more
Savills IM’s Simply Affordable Homes Fund Completes First Acquisition with PPHA Oct 22, 2024 Savills Investment Management’s (“Savills IM”) Simply Affordable Homes fund (“the Fund”) has completed its first acquisition of 100 homes from Park Properties Housing Association (“PPHA”). This is the first step in the Fund’s mission to increase the supply of high-quality Affordable housing in the UK. The acquisition is one of a series of planned completions […] Posted by: Deividas Krupstas Read more
Kerakoll Group Acquires Land for New Production and Distribution Facility in Preston Oct 22, 2024 Kerakoll Group, an international leader in sustainable building materials, has acquired a 40,000-square-meter (approximately 10-acre) plot of land in Preston, Lancashire, at the APTUS development. This acquisition is a significant step in the company’s expansion strategy for the United Kingdom and Northern Europe, with plans to develop a 145,000 sq ft production and distribution facility. […] Posted by: Deividas Krupstas Read more
DTZ Investors secures Edinburgh shopping asset in £18.15m deal Oct 22, 2024 An Edinburgh retail asset in a prime location, housing a Waitrose and Kwik-Fit garage, has been sold for circa £18.15m to DTZ Investors. The property comprises a 33,000sq ft retail space for Waitrose and an almost 13,000sq ft Kwik-Fit garage. Euan Kelly, capital markets partner at Knight Frank Edinburgh, said: “Both Waitrose and Kwik-Fit trade […] Posted by: Deividas Krupstas Read more
Sutton Council confirms Genr8 Kajima Regeneration as town centre development partner Oct 22, 2024 Sutton Council has announced its preferred development partner for the next exciting phase of its town centre regeneration. The plans for the St Nicholas Shopping Centre, Civic Offices, Gibson Road car park and Secombe Theatre sites will see a brand new Civic Hub open in the heart of the town centre. The Hub will offer […] Posted by: Deividas Krupstas Read more
