National Wealth Fund provides loan for crucial coastal flood defence improvements in Wales Jan 15, 2025 The National Wealth Fund (NWF) is providing a £92 million commitment to support crucial improvements to coastal flood defence barriers in Denbighshire, North Wales. The debt financing package, which is provided through the NWF’s Local Authority function, offers the lowest cost long term finance for local authority infrastructure projects and will facilitate Denbighshire County Council’s restoration […] Posted by: Mya Driver Read more
UK pension funds back Heim’s UK Residential Fund which reaches £375m at first close Jan 13, 2025 Heim’s UK Residential Fund completes First Close supported by UK Local Government Pension Schemes with initial commitments at £375 million. The build-to-core Fund is well on its way to its £800 million target and aim to develop 5,000 homes. Heim’s UK Residential Fund invests in mid-market rental housing, seeking to address the substantial undersupply of […] Posted by: Mya Driver Read more
Invest in Nottingham announce UKREiiF 2025 partnership Jan 9, 2025 Invest in Nottingham has announced its involvement with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 20-22 May 2025, in Leeds. Invest in Nottingham, part of Marketing Nottingham & Nottinghamshire, focuses on attracting business investment to Nottingham and its surrounding county. They provide a free, tailored, and […] Posted by: Mya Driver Read more
ABP proposes major port expansion site in the Humber Jan 8, 2025 Associated British Ports (ABP) has submitted a planning application for the development of land at its Stallingborough Interchange site to provide high quality automotive open storage space to new and existing customers of the Ports of Immingham and Grimsby. The largest port operator in the UK completed the purchase of the freehold of the 227.5-acre […] Posted by: Mya Driver Read more
Evolve Estates acquires Elephant Park Retail and Leisure core Jan 8, 2025 Evolve Estates, part of the commercial property and investment collective M Core, has announced the acquisition of a 120,000 sq ft retail and leisure space from Lendlease at Elephant Park, one of London’s major mixed-use regeneration projects in London, Zone 1. Located in the historic Elephant & Castle area of central London, Elephant Park […] Posted by: Mya Driver Read more
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