MARK Capital Management secures £550m in equity commitments for Crossbay II Dec 3, 2024 MARK Capital Management, a pan-European real estate investment manager, has achieved a final close for the latest vehicle in its urban logistics fund series, Crossbay. Crossbay II has secured €660m in total fund commitments, representing a 20% increase in fund size compared to the predecessor vehicle. Including debt financing, Crossbay II has a total investment […] Posted by: Deividas Krupstas Read more
Alternative Income REIT acquires training college for £2.5m Dec 3, 2024 The Board of Directors of Alternative Income REIT PLC, the owner of a diversified portfolio of UK commercial property assets predominantly let on long leases with index-linked rent reviews, is pleased to announce that the Company has completed the acquisition of the Champneys Beauty School, part of the Champneys Tring Spa Resort in Wigginton, Tring […] Posted by: Deividas Krupstas Read more
HUB and HIG Capital Secure Final Plot in Elephant Park Development Dec 2, 2024 UK-based living sector developer HUB and global investment firm HIG Capital have acquired the final 1.2-acre plot in Lendlease’s landmark Elephant Park development for £42 million. This purchase marks the completion of land acquisitions for the £1.5 billion regeneration project in the Elephant & Castle area of South London. The acquisition represents a key milestone […] Posted by: Deividas Krupstas Read more
Hampshire Trust Bank Completes £10.92 Million Funding Deal for 202-Bed Student Accommodation in Stoke Dec 2, 2024 Hampshire Trust Bank (HTB) has successfully completed a £10.92 million funding deal to support the development of a 202-bed Purpose-Built Student Accommodation (PBSA) project in Stoke. This strategic investment reinforces HTB’s commitment to addressing the growing demand for quality student housing across the UK. With a significant shortage of student housing nationwide, the PBSA sector […] Posted by: Deividas Krupstas Read more
Schroders adopts further sustainability requirements to 10 investment funds Dec 2, 2024 Schroders, the global investment manager, today announces plans to adopt the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) labels across 10 of its funds, reflecting the integrity and robustness of its sustainable and impact investment approach. As part of today’s announcement, the Schroder Sustainable Bond Fund will become one of the first bond funds […] Posted by: Deividas Krupstas Read more
Developers and Homes England partner to deliver 295 homes Dec 2, 2024 Watkin Jones has announced it has agreed to develop and deliver 295 new homes in a development partnership with Torus, partly funded by Homes England. Over the course of the development, the transaction is expected to generate revenue of approximately £48m for Watkin Jones, is in line with the Group’s stated margin targets, and has […] Posted by: Deividas Krupstas Read more
Liverpool City Council acquires 4.55-acre brownfield site for regeneration Dec 2, 2024 The Great George Street site is a 4.55 acre brownfield plot which sits at the gateway to the City’s historic Chinatown and close to the Baltic Triangle district, adjacent to Liverpool Cathedral. Its development has been stalled since 2017, subject to a series of complex legal challenges on leaseholds which the City Council has taken action to […] Posted by: Deividas Krupstas Read more
Royal London Asset Management Property Acquires Strategic 8-Acre Industrial Development Site in Teddington Nov 29, 2024 Royal London Asset Management Property (RLAMP) has announced the acquisition of an 8-acre industrial development site in Teddington, Southwest London, from LGC Group, a global leader in life science tools. The site, with an estimated Gross Development Value (GDV) of £90 million, represents a prime redevelopment opportunity for a best-in-class multi-let industrial scheme. RLAMP has […] Posted by: Deividas Krupstas Read more
LRC Group Expands UK Build-to-Rent Portfolio with Acquisition of Bradstowe House in Harrow Nov 29, 2024 LRC Group, a leading private investment firm with €6 billion in assets under management, has announced the acquisition of Bradstowe House, a prominent build-to-rent (BTR) scheme in Harrow, north-west London. The property, marketed for offers exceeding £58.2 million, comprises 177 residential units and was purchased out of administration. This strategic acquisition follows LRC Group’s recent […] Posted by: Deividas Krupstas Read more
Barratt London and Places for London exchange on High Barnet as second site to be delivered under £1.9bn decade-long partnership Nov 29, 2024 Barratt London and Places for London have today announced the contract exchange at a site in High Barnet. The site is the second development to be unlocked by the West London Partnership, which was established in June 2024. Over the next decade, the West London Partnership will deliver more than 4,000 new homes – many […] Posted by: Deividas Krupstas Read more
