Forshaw Secures £64.2m Loan for Landmark VIVERE Residences and Aparthotel in Manchester Jan 16, 2025 Forshaw Land & Property Group has secured a £64.2 million development loan from Maslow Capital to fund its flagship mixed-use residential scheme, VIVERE Residences and Aparthotel, in Cornbrook, Manchester. This 24-storey development marks Forshaw’s largest residential project to date and represents a significant milestone in the city’s regeneration efforts. Situated on a prime 1-acre site […] Posted by: Mya Driver Read more
UK AI sector attracts £200 million a day in private investment since July Jan 16, 2025 An average of £200 million in private sector investment has been funnelled into the UK’s world leading AI sector a day since the new government took office last summer – an average of more than £8.3 million every hour – fuelling the Plan for Change to fix the foundations of the economy. More than £14 billion pounds […] Posted by: Mya Driver Read more
Aviva Investors completes €40 million investment into European renewables developer Jan 16, 2025 Aviva Investors, the global asset management business of Aviva plc, announces it has completed a €40 million investment into Connected Infrastructure Capital GmbH (‘CIC’), a German-based developer of renewable energies. The deal sees Aviva Investors acquire a majority shareholding in CIC, which specialises in the development and management of onshore wind and solar projects across […] Posted by: Mya Driver Read more
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