Homes England and Cambridgeshire & Peterborough Combined Authority launch new Strategic Place Partnership to catalyse growth Feb 4, 2025 Homes England and Cambridgeshire & Peterborough Combined Authority (CPCA) have formalised their ongoing housing and regeneration efforts with a Strategic Place Partnership (SPP), as part of the Government’s plans to deliver 1.5 million new homes over the next five years. It builds on an established track record of partnership work across Cambridgeshire and Peterborough. Cambridgeshire […] Posted by: Deividas Krupstas Read more
Maslow Capital Provides £18 Million Development Loan to Citu Feb 4, 2025 Specialist real estate finance provider Maslow Capital has announced the successful completion of an £18 million development finance facility to support Citu, a pioneering developer known for delivering sustainable, high-quality residential schemes across Yorkshire. The funding will facilitate the completion of an 87-unit residential development, District Lofts, in the Climate Innovation District, Leeds, one of […] Posted by: Deividas Krupstas Read more
Legal & General steps up affordable housing push, raising £510m to tackle crisis head on Feb 4, 2025 Legal & General today announced that it has raised £510m for its affordable housing investment strategy as part of the second close of its Affordable Housing Fund (“the Fund”), aimed at tackling the UK’s housing crisis head on. New investors include London CIV, the entity that manages London Local Government Pension Scheme (LGPS) assets, which […] Posted by: Deividas Krupstas Read more
Whitbread acquires freehold of 35 Red Lion Square in Central London Feb 4, 2025 Whitbread Plc, the parent company of Premier Inn, the UK’s largest hotel brand, has acquired the freehold of 35 Red Lion Square, WC1 for conversion into a hub by Premier Inn hotel. The prime property, which is in a prominent location on the junction of Theobalds Road, Drake Street and Red Lion Square, was purchased […] Posted by: Deividas Krupstas Read more
Investec REALIS acquires prime Manchester office in partnership with XLB Feb 3, 2025 Investec Bank Investec Bank plc (“Investec”), a leading international financial services provider, announces that Investec REALIS (“REALIS”), the equity strategy that it launched last year, has acquired Citygate, a 47,000 sq ft office in the heart of Manchester’s CBD. In line with REALIS’s strategy of working alongside best-in-class operating partners, XLB will be responsible for […] Posted by: Deividas Krupstas Read more
Housebuilder Honey secures 21 sites to deliver 2,850 homes and £795m revenues within two years of trading Feb 3, 2025 Housebuilder Honey has secured 21 sites across Yorkshire and the Midlands to deliver 2,850 homes with a gross development value of £795m within its first two financial years of trading. The business was launched in October 2022 and is backed by private equity firm Alchemy Partners and its Alchemy Special Opportunities Fund IV which has […] Posted by: Deividas Krupstas Read more
PIC completes £25 million full buy-in of the FSCS Pension Scheme Feb 3, 2025 PIC, a specialist insurer of defined benefit pension schemes, has concluded a £25 million full buy-in of the FSCS Pension Scheme (‘the Scheme’), sponsored by the Financial Services Compensation Scheme (‘the Employer’), the UK’s statutory compensation scheme for UK authorised financial services firms. The transaction secures the benefits of all 154 members, comprising 37 pensioners […] Posted by: Deividas Krupstas Read more
Berkeley Group breaks ground on Trillium regeneration scheme in Westminster Feb 3, 2025 Berkeley Group has broken ground on Trillium, a landmark regeneration project set to deliver 556 new homes in Westminster. The former Paddington Green Police Station site at Edgware Road will include 39% affordable homes onsite once complete and an additional 11% provided at the Mayor of London’s strategic site in Barnet – achieving a total […] Posted by: Deividas Krupstas Read more
Aviva Investors launches Venture and Growth Capital Fund to power investment in unlisted companies Feb 3, 2025 Aviva Investors, the global asset management business of Aviva plc, announces it has launched a Venture and Growth Capital fund which aims to give investors better access to early-stage companies and technologies. The Aviva Investors Venture & Growth Capital LTAF (‘the Fund’) is the fourth to be launched by the asset manager under the Long Term […] Posted by: Deividas Krupstas Read more
Kennedy Wilson and CPP Investments Commit £213 Million to UK Single-Family Rental Housing Jan 30, 2025 Kennedy Wilson, in partnership with Canada Pension Plan Investment Board (CPP Investments), has invested £213 million in single-family rental housing in the United Kingdom. This investment marks a significant milestone in the companies’ joint venture, which was launched in October 2024 with an initial target of approximately £1 billion in asset value. The joint venture […] Posted by: Deividas Krupstas Read more