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
FREEPORTS UK: Old enemies unite and build on maritime heritage Mar 9, 2021 Southampton and Portsmouth have not been the best of friends historically but both South Coast cities are set to benefit massively from the winning Solent bid. Portsmouth’s international port and the Eastleigh Riverside/Southampton International Airport North East Business Park were the cornerstone localities of the bid, led by the Solent Local Enterprise Partnership, who emphasised […] Posted by: Mark Flanagan Read more
FREEPORTS UK: Plymouth set to flourish as centre for high-tech marine innovation Mar 9, 2021 Plymouth’s specialism in low-carbon, high-tech marine innovation was a huge factor in its new status as one of eight Freeports in the UK. With industry giants Babcock and Princes Yachts backing the bid, the joint effort between Plymouth City Council, Devon Country and South Hams District Council proved effective and the Plymouth and South Devon […] Posted by: Mark Flanagan Read more