Picture Living Recycles Capital through Portfolio Sale to Invest £23m in Essex’s Housing Future Aug 16, 2023 In a strategic move to target new single-family homes, Picture Living has sold two portfolios, Spark and Seville, enabling the recycling of capital. Following this sale, the company has pledged £23 million to support two private rented sector (PRS) developments in Essex. This investment marks a significant step in Picture Living’s mission to provide high-quality […] Posted by: Mya Driver Read more
Baily Garner announced as partner for UKREiiF 2024 Aug 15, 2023 Baily Garner, a leading consultancy firm in the construction and engineering industry, is thrilled to announce its participation as a Session Partner at The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF), set to take place between 21st – 23rd May 2024 in Leeds. As a Session Partner, Baily Garner will play a pivotal role […] Posted by: Mya Driver Read more
Stafford Capital Partners appoints Head of Sustainability Aug 15, 2023 Stafford Capital Partners (“Stafford”), a leading international private markets investment and advisory group, has appointed Marta Jankovic as Head of Sustainability. Marta assumes the role with immediate effect and will be based in Stafford’s Rotterdam office, reporting to CEO, Angus Whiteley. Marta will work closely with Stafford’s Investment Committees as it drives the firm’s ongoing […] Posted by: Mya Driver Read more
Brownfield Sites Across England Could House Almost 1.5 Million Homes Aug 15, 2023 Brownfield sites across England have the potential to house almost 1.5 million homes, with Greater London, the West Midlands, and Greater Manchester home to the largest proportion of brownfield land in the current market. Currently, there are an estimated 26,670 brownfield plots located across the nation. According to the CPRE, the average brownfield site can […] Posted by: Mya Driver Read more
711-Home Birmingham Development Poised for Approval Aug 15, 2023 Glancy Nicholls Architects has unveiled proposals for an impressive 711-home development situated on the edge of Birmingham city centre. The Pressworks scheme, crafted for Prosperity Developments, is set to be a significant addition to Birmingham’s Smithfield Masterplan area. The development encompasses a 1.2-hectare site and boasts a standout 23-storey tower, complemented by other blocks reaching […] Posted by: Mya Driver Read more
Liverpool City Council to Award £125,000 Consultancy Contract for Investment Strategy Development Aug 15, 2023 Liverpool City Council has announced plans to award a £125,000 contract to a consultancy firm to develop a comprehensive investment and development strategy. This initiative is part of the council’s ambitious efforts to present Liverpool as an investable proposition and align it with other core cities in the UK. The consultancy will be responsible for […] Posted by: Mya Driver Read more
Brookfield Explores Consortium Option to Finalise Centre Parcs Sale Aug 15, 2023 The UK-based holiday resort chain, Center Parcs, owned by Canadian private equity firm Brookfield, may soon see a change in ownership. Brookfield is reportedly considering forming a consortium with the remaining bidders to finalize the sale of Center Parcs, following an extended offer and negotiation period. The situation has become more urgent as the final […] Posted by: Mya Driver Read more
Valor agrees acquisition of Tera 40 industrial estate in Greenford, West London for c. £146 million from Lothbury Aug 15, 2023 Valor Real Estate Partners (“Valor”), Europe’s fastest growing last-mile real estate specialist, has agreed terms for the acquisition of the Tera 40 industrial estate on Auriol Drive, Greenford, for c. £146 million. The estate comprises four modern distribution assets totalling 340,650 sq ft which are fully-let to Tesco, Palletways, Royal Mail and Micheldever. The estate […] Posted by: Mya Driver Read more
PfP Capital’s flagship PRS strategy to forward fund two single family rental schemes in Essex Aug 15, 2023 Picture Living has committed £23 million to forward fund two single family residential schemes in Essex, which will deliver 63 high quality homes for rent. In Coggeshall, north Essex, Vistry Group will deliver 36 homes, the first of which will be available at the start of 2024. Residents will enjoy a countryside market town location, […] Posted by: Mya Driver Read more
Oxpens Development in Oxford Moves Forward with Ambitious Plans Aug 14, 2023 The Oxpens development in Oxford, designed by Hawkins Brown, is moving forward with ambitious plans for the city. The 15-acre riverside site is set to host nearly 500 homes, 500,000 sq ft of office space, and a 250-bed hotel. The developer, Oxwed, a joint venture of Nuffield College and the city council, submitted an outline […] Posted by: Mya Driver Read more
