PIC completes second buy-in with Clarks Footwear Pension Fund covering all £820 million of liabilities Jan 8, 2025 PIC, a specialist insurer of defined benefit pension schemes, has concluded a second buy-in with the Trustee of both the C&J Clark Pension Fund – CJC Section and Flexible Section (‘the Fund’) for £540 million. It follows the Fund’s first buy-in with PIC for £280 million in 2022. PIC has now insured all £820 million […] Posted by: Mya Driver Read more
Whitbread commits to further expansion in Northern Ireland with new Premier Inn at Belfast International Airport Jan 8, 2025 Whitbread PLC, the UK’s leading hospitality company and owner of Premier Inn, has committed to opening an 81-bedroom Premier Inn hotel at Belfast International Airport. The company, which currently operates seven Premier Inn hotels in Northern Ireland, signed an agreement-for-lease with JHT Hotels Limited, a subsidiary of Northern Ireland developer J H Turkington and Sons […] Posted by: Mya Driver Read more
Cumbria partners announce UKREiiF 2025 pavilion Jan 7, 2025 A partnership made up of Enterprising Cumbria, Cumberland Council and Westmorland & Furness Council have announced their involvement with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 20 – 22 May 2025, in Leeds. The partners have secured a dedicated pavilion at UKREiiF, providing a prime opportunity […] Posted by: Mya Driver Read more
BusinessLDN announce partnership with UKREiiF Jan 6, 2025 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has announced that BusinessLDN is an official partner for the annual event taking place between 20th-22nd May 2025, in Leeds. BusinessLDN is an organisation focused on strengthening London’s position as a leading global business hub while supporting the broader UK economy. It advocates for key issues […] Posted by: Mya Driver Read more
Co-op plans 75 new stores to open in 2025 Jan 2, 2025 Co-op has revealed its commitment to continued convenience growth with a planned 75 new stores opening this year (2025), across the UK. The new stores will be both Co-op estate stores and Co-op franchise stores, a sector the convenience retailer has actively pursued recently with strong growth. In addition to the new stores, around 80 […] Posted by: Mya Driver Read more
Lendlease to sell UK Construction business to Atlas Holdings Jan 2, 2025 Lendlease and Atlas Holdings announced they have entered into a binding agreement for the sale of Lendlease’s UK Construction business. Under the terms of the agreement, Atlas will acquire Lendlease’s construction business and its operations including existing employees and leadership team, ensuring a seamless handover for clients and business partners. Founded in 2002, Atlas and its affiliates […] Posted by: Mya Driver Read more
Homes England, Oaktree Capital and Greycoat Real Estate form master developer partnership to unlock large sites across England Dec 20, 2024 Oaktree Capital Management, Greycoat Real Estate and Homes England have announced the launch of a £250 million master developer joint venture, designed to unlock and accelerate large-scale development sites across England. The partnership will target large or complex sites with the potential to deliver more than 1,000 homes each. With a focus on delivering high-quality environments […] Posted by: Mya Driver Read more
Greystar acquires Point Campus Student Development for c.£125m Dec 20, 2024 Greystar has completed the purchase of Point Campus in Dublin, the largest off-campus student accommodation complex in the country, from global asset manager DWS Group for approximately €150m. The transaction marks Greystar’s first venture into the student accommodation market in Ireland. The fully occupied student accommodation centre is located in the Dublin Docklands and comprises […] Posted by: Mya Driver Read more
Gresham regeneration plans move forward after multi-million pound injection Dec 20, 2024 Plans for transformational scheme to regenerate a key site in the heart of Middlesbrough from next spring have moved forward after new funding was approved. Middlesbrough Development Corporation (MDC) has agreed to provide a further £7million to breathe life into Gresham with the development of a new hotel alongside professional living and student accommodation. The […] Posted by: Mya Driver Read more
South Yorkshire Mayoral Combined Authority announces pavilion at UKREiiF 2025 Dec 20, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has announced that South Yorkshire Mayoral Combined Authority (SYMCA) have secured a pavilion at the annual event taking place between 20th-22nd May 2025, in Leeds. Under the leadership of South Yorkshire’s Mayor Oliver Coppard, the South Yorkshire Mayoral Combined Authority (SYMCA) unites the local authorities of […] Posted by: Mya Driver Read more
