MFG and Morrisons announce forecourts partnership and EV expansion Feb 5, 2024 Motor Fuel Group (“MFG”) and Morrisons announce that they have entered into an agreement relating to the proposed acquisition by MFG of 337 Morrisons petrol forecourts (including fuel, convenience retail kiosk and ancillary services) and more than 400 associated sites, across the UK, for Ultra-Rapid electric vehicle (“EV”) charging development. The proposed £2.5bn transaction forms […] Posted by: Mya Driver Read more
Mayors Secure Approval to Develop Rail Links after HS2 Cancellation Feb 5, 2024 Regional leaders, West Midlands Mayor Andy Street and Greater Manchester Mayor Andy Burnham, have been given the green light by Transport Secretary Mark Harper to develop new rail link projects between Birmingham and Manchester. This initiative emerges as a proactive response to the recent cancellation of the HS2 rail link’s northern section. The endorsement to […] Posted by: Mya Driver Read more
CrowdProperty Secures £3m from Flow Capital to Fuel Growth and Innovation Feb 5, 2024 CrowdProperty, a prominent player in property development finance, has recently secured a £3m investment from Canada’s Flow Capital Corp. This substantial financial boost is set to propel CrowdProperty’s innovation and expansion plans, further cementing its position in the UK’s property finance sector. In its ten years of operation, CrowdProperty has made a substantial impact on […] Posted by: Mya Driver Read more
Shrewsbury Embarks on Transformative Redevelopment with Riverside Centre Closure Feb 5, 2024 The Riverside Shopping Centre, once a bustling hub in Shrewsbury, is set for a transformative redevelopment as plans to close and demolish the structure are underway. Shropshire Council has revealed an ambitious vision for the site, marking a significant leap towards revitalising the town centre with a modern, community-focused approach. Secured by the council for […] Posted by: Mya Driver Read more
Investec provides City & Docklands with £50 million investment facility secured against iconic West London residential tower Feb 5, 2024 Investec Real Estate announces that it has provided City & Docklands Group, the London property developer, with a £50 million investment loan, secured against 149 newly completed luxury apartments at One West Point, a landmark residential scheme in West London. The facility, which refinances an existing loan, is the sixth transaction between the two parties. […] Posted by: Mya Driver Read more
Kier Property and HGP residential JV acquires development site in Tunbridge Wells Feb 5, 2024 Kier Property and Housing Growth Partnership (‘HGP’), together in Joint Venture, have purchased a 1.46 acre site in Tunbridge Wells from Axa Health. It represents a significant investment by the £80m JV, launched in 2022, with a focus on residential developments on urban brownfield sites. Formerly occupied by Axa Health, the site currently comprises two […] Posted by: Mya Driver Read more
Gear up for events season: How can you be more sustainable at events Feb 5, 2024 By Fahmida Nisa, Event Manager, UKREiiF Are you prepared for the upcoming events season in 2024? As the countdown to UKREiiF 2024 in May begins, we want to make sure you’re well-equipped for the season ahead. To assist you in embracing sustainability during this busy period, we’ve curated a list of top tips. In a […] Posted by: Mya Driver Read more
Puma Property Finance launches Impact Lending Framework Feb 2, 2024 Puma Property Finance has announced the launch of its Impact Lending Framework (‘the Framework’). The Framework has been established to provide direct financial benefits to property developers across the UK who are implementing measures in their vision and designs that deliver meaningful and impactful change. The path to net zero remains a huge challenge and […] Posted by: Mya Driver Read more
Tackling the housing crisis: 500 new social homes coming to Oldham announced at Oldham Housing Roundtable event Feb 2, 2024 Oldham Council has pledged to get 500 new social homes built in the borough over the next five years. The announcement was made at the council’s inaugural Housing Roundtable, which took place at Oldham Civic Centre on Thursday 1 February and was led by Leader of the Council, Cllr Arooj Shah. Senior representatives from all […] Posted by: Mya Driver Read more
LGIM provides further £50m funding for Jigsaw Homes Group, increasing existing investment to £125m Feb 2, 2024 Legal & General Investment Management (LGIM) has expanded its existing relationship with Jigsaw Homes Group (Jigsaw) following the completion of a new £50m bilateral investment. The proceeds of this new investment will primarily be used by Jigsaw to support its development programme to deliver over 4,000 new social and affordable homes between 2024 and 2028. […] Posted by: Mya Driver Read more
