UK Government approves planning application for BECCS at Drax Power Station Jan 17, 2024 The Secretary of State for Energy Security and Net Zero, Claire Coutinho, has today approved the Development Consent Order (the DCO) for Drax Power Limited’s (Drax) plans to convert two of its biomass units at Drax Power Station to the carbon removals technology bioenergy with carbon capture and storage (BECCS). Drax Power Station currently has […] Posted by: Mya Driver Read more
Harworth agrees further land sale to Sky-House and begins work on Olive Lane at Waverley Jan 17, 2024 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, is pleased to announce that construction has commenced on Olive Lane, a new mixed-use heart of the community at its Waverley development in Rotherham, following the receipt of a planning approval for the scheme in November. Harworth is also announcing […] Posted by: Mya Driver Read more
Green light for Ayrshire Eco-Wellness Park Jan 17, 2024 Proposals by The Barony NP (UK) Ltd for the development of an Eco-Wellness Park on the former Barony Colliery, Auchinleck, have moved a step closer, following the granting of planning permission by East Ayrshire Council (images attached courtesy of Boomhaus). Planning permission in principle (PPiP), establishing the principle of development of the site has now […] Posted by: Mya Driver Read more
Geo2 join UKREiiF 2024 Jan 16, 2024 Geo2 has confirmed its involvement with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF). The UKREiiF event is in partnership with Pagabo, and is set to take place between 21-23 May 2024, in Leeds. Geo2 is a leading provider of brownfield and contaminated land solutions, delivering developer confidence to difficult sites. Their specialised services […] Posted by: Mya Driver Read more
AXA IM Alts to acquire historic BBC Elstree Centre in first investment into the U.K. TV and film studios sector Jan 16, 2024 AXA IM Alts, a global leader in alternative investments with €184 billion of assets under management[1], has exchanged contracts for the acquisition of the world-famous BBC Elstree Centre in North West London, with the acquisition due to complete in early 2025. The acquisition will represent AXA IM Alts’ first investment into the U.K.’s TV and […] Posted by: Mya Driver Read more
Elite REIT preferential offering oversubscribed with subscription rate at more that 120% successfully raised £28 million to solidify capital structure Jan 16, 2024 Elite Commercial REIT Management Pte. Ltd., the manager (the “Manager”) of Elite Commercial REIT (“Elite REIT”), is pleased to announce the successful completion of Elite REIT’s preferential offering to raise gross proceeds of approximately £28 million (the “Preferential Offering”). A total of 103,354,690 Preferential Offering units were offered to existing Unitholders at a ratio of […] Posted by: Mya Driver Read more
Panmure Gordon and Liberum to merge to create the UK’s largest independent Investment Bank Jan 16, 2024 Panmure Gordon and Liberum today announce an all-share merger to create the UK’s largest independent Investment Bank. Panmure Liberum will have the biggest retained base of quoted clients across the UK market and will bring together their combined entrepreneurialism, deep and broad sector knowledge, and shared ambitions to establish a market leader in UK Investment […] Posted by: Mya Driver Read more
Trojan Energy secured £26 million investment from BGF and Scottish National Investment Bank Jan 16, 2024 Trojan Energy, the on-street electric vehicle charging specialist, has secured a significant £26 million investment to facilitate its ambitious growth plans. The funding round comprises £8 million from growth capital investor, BGF alongside an £18 million follow-on investment by the Scottish National Investment Bank (the Bank). Launched in 2016, Trojan Energy’s patented charging technology provides […] Posted by: Mya Driver Read more
Cain secures £188M refinancing for The Stage from Macquarie Capital Jan 16, 2024 Cain International (‘Cain’), the privately held investment firm, alongside McCourt Partners, Galliard Homes, Vanke, and Investec has secured a £188M refinancing for the residential component of The Stage, a landmark mixed-use development in the heart of Shoreditch, entirely from the balance sheet of Macquarie Capital. Situated on the site of Shakespeare’s historic Curtain Theatre, the […] Posted by: Mya Driver Read more
The Hill Group acquires 71 acres to deliver landmark development in South-East Buckinghamshire Jan 16, 2024 Award-winning housebuilder The Hill Group has today announced the acquisition of 71 acres of land with outline planning for a significant new settlement in Little Chalfont, south-east Buckinghamshire. The acquisition of the former golf club site and neighbouring property was facilitated by the acquisition of two local landowner companies, Biddulph (Buckinghamshire) Ltd. and Homestead (REL) […] Posted by: Mya Driver Read more
