Allegra Care and Moorfield JV acquires Sentinel Health Care Group in £125m vision Apr 29, 2021 The acquisition is the first form the newly formed £125m nursing home partnership Allegra Care, the UK-focused care home operator, and Moorfield Group, a leading UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of Sentinel Health Care, the privately owned nursing home group. […] Posted by: Nathan Spencer Read more
Development partner sought for new University campus Apr 28, 2021 Newcastle University is seeking a principal development partner for a multi-million-pound mixed use scheme located on a 29-acre brown-field former hospital site in Newcastle City Centre. The development, known as the Campus for Ageing and Vitality (CAV), will be the first of its kind within the UK, drawing together all aspects of healthy ageing innovation, […] Posted by: Nathan Spencer Read more
World’s biggest sovereign wealth and pension funds eye up UK green investment opportunities Apr 28, 2021 The UK is in talks with some of the world’s biggest sovereign wealth and pension funds about investing in British green energy projects, including gigafactories and offshore wind farms. UK minister Gerry Grimstone told the Financial Times earlier today that he has had discussions with investors including Temasek and GIC, the Singaporean sovereign wealth funds, […] Posted by: Nathan Spencer Read more
King’s Cross To Become UK’s First Green Gas Neighbourhood Apr 26, 2021 New deal will see King’s Cross become the first neighbourhood in the UK to move its entire gas supply to green gas The new partnership with Iona Capital will reduce the carbon footprint of King’s Cross by 50%, saving 20,000tCO2 per annum King’s Cross has announced a landmark deal with Iona Capital, a leading low […] Posted by: Nathan Spencer Read more
Midlands LEP reaches £500m match-funding milestone Apr 15, 2021 A funding project aimed at boosting the Greater Birmingham and Solihull area is on track to unlock £500m of match funding from an investment of £207.9m made over the last six years. The Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) Local Growth Fund programme, which launched in 2015, has now committed all of its […] Posted by: Mark Flanagan Read more
CEG benefit from Aviva’s £1bn green investment fund Apr 12, 2021 Aviva Investors has completed a £72.9m sustainable transition loan agreement with Commercial Estates Group (CEG), the property investment management and development company. The deal forms part of Aviva Investors’ commitment to originating £1bn in sustainable transition real estate debt over the next four years following the launch of the ‘green’ fund in December last year. […] Posted by: Mark Flanagan Read more
Lure of real estate still too attractive for institutional investors Mar 26, 2021 Nearly three-quarters of institutional investors plan to expand their real estate portfolios over the next five years according to new research carried out by asset management company Patrizia. The German real estate firm garnered responses from 222 clients and 72% said they were planning to increase real estate investments before 2026 with a focus on […] Posted by: Mark Flanagan Read more
London still sucks in nearly half of investment in residential property Mar 11, 2021 London attracted nearly half of the £6.1bn investment in residential property last year according to a new report out today by Colliers International. Despite efforts to level up the economy, the capital enhanced its reputation as a property hotspot with £2.836bn of investment, which was seven times greater than the next highest city – Birmingham […] Posted by: Mark Flanagan Read more
TAKING THE LEAD IN BUILDING BACK BETTER Mar 10, 2021 A host of key industry figures have thrown their weight behind today’s launch of The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF), a new vehicle to facilitate economic growth which will culminate in a three-day networking, exhibition and conference super event in Leeds next year. UKREiiF’s mission is to help bring together the public […] Posted by: Mark Flanagan Read more
FREEPORTS UK: Teesside begins work on rebuilding region’s manufacturing status Mar 9, 2021 Redevelopment work this week began on a former ironmaking complex which will form part of Teesside’s Freeport zone. On Monday (March 1) a demolition team moved into the former Redcar Steelworks’ coal-handling facility, which is at the heart of the new Freeport and will eventually become a home to firms in the offshore wind, clean […] Posted by: Mark Flanagan Read more
