Ethical property developer IPG secures £10m development loan from Maslow Capital Jun 29, 2023 Northwest based ethical property developer Integritas Property Group (IPG) has secured a £10 million development loan from Maslow Capital to fund the next stage of IPG’s residential development at The Lyceum, Greater Manchester. Following the completion of groundworks and foundations, the loan from leading provider of real estate development finance Maslow Capital will provide working […] Posted by: Mya Driver Read more
Cain extends £50 million revolving credit facility with Tungsten Properties Jun 29, 2023 Cain International (‘Cain’), the privately held investment firm, has agreed the renewal of a £50 million revolving credit facility with Tungsten Properties for a further three years. The renewal follows the successful deployment of the initial facility in 2020 of £36 million. Cain’s partnership with Tungsten began in 2019, with the initial facility having financed four successful […] Posted by: Mya Driver Read more
Impact Healthcare REIT – £24m increase in size and four year extensions to existing revolving credit facility Jun 29, 2023 Impact Healthcare REIT plc (ticker: IHR), announces that it has increased the size and extended the maturity of its revolving credit facility with National Westminster Bank Plc (the “NatWest RCF”) and extended its revolving credit facility with HSBC Bank UK Plc (“HSBC RCF”) by a year.” The NatWest RCF has been increased by £24 million, […] Posted by: Mya Driver Read more
UCFB’s expansion kicks off across Manchester Jun 29, 2023 University Campus of Football Business (UCFB) and its Global Institute of Sport (GIS) are progressing with the £16m expansion of their Manchester campus after securing planning approval for new academic centres at new sites across the city. The expansion will enable UCFB to grow to 2,500 students studying in Manchester by 2027, nurturing and […] Posted by: Mya Driver Read more
Glentrool Submits Planning for a further 515,990 sqft at Sherburn2 Jun 28, 2023 Sherburn2 is set for further expansion, with detailed plans submitted for 515,990 sqft of prime logistics and manufacturing space, with a gross development value of £67.9 m. Family-owned, Yorkshire property company Glentrool Estates Group Limited is transforming the 85-acre Sherburn2 at Junction 42 of the A1(M) into a first-class logistics and manufacturing park. Collectively, the […] Posted by: Mya Driver Read more
Panattoni instructs Glencar to build new multi-unit, speculative industrial facility at Brighton City Airport Jun 28, 2023 Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today announced that it has been appointed by leading international real estate developer specialising in industrial real estate and warehouses, Panattoni, to build a multi-unit industrial scheme at Brighton City Airport. The development, being marketed as Panattoni Park Brighton […] Posted by: Mya Driver Read more
Investment in future Solent economy announced Jun 27, 2023 The Solent LEP has today announced key developments in its work to support the Solent economy of the future; the creation of The Solent Cluster and new funding to develop skills in the region. Building on the success of its work to date, which has seen the LEP enable the delivery of nearly 14,000 new […] Posted by: Mya Driver Read more
Custodian REIT Disposes Retail Unit in Bury St Edmunds Jun 27, 2023 Custodian Property Income REIT (LSE: CREI), which seeks to deliver an enhanced income return by investing in a diversified portfolio of smaller, regional, core/core-plus properties across the UK, is pleasedto announce the disposal of a high street retail unit in Bury St Edmunds at auction for £0.85m, in line with the 31 March 2023 valuation.Commenting […] Posted by: Mya Driver Read more
Goldmoney Inc. Establishes Real Assets Investment Strategy with First Acquisition of Commercial Property in the UK Jun 27, 2023 On June 26, 2023, Goldmoney Properties completed the acquisition of a landmark 219,258 (GIA) square foot Class A building near the Port of Southampton from Aviva Investors Lime Property Fund for consideration of £33 million (CAD $55.4 million) in an all-cash transaction. Built in 2009 by a subsidiary of Land Securities Corp, the property is […] Posted by: Mya Driver Read more
Civitas Social Housing is nearing a private acquisition deal Jun 27, 2023 Civitas Social Housing PLC (LSE:CSH) has lowered the minimum shareholder voting threshold to facilitate the £485 million private acquisition bid from CK Asset Holding. The required percentage of voting rights has been decreased from 75% to 50%, essentially making the offer unconditional as CK Asset Holdings has already acquired over 60% of voting rights. Civitas […] Posted by: Mya Driver Read more
