Legal & General UK Property Fund Explores REITs to Address Liquidity Concerns Nov 30, 2023 Legal & General Investment Management (LGIM) is contemplating increasing its exposure to real estate investment trusts (REITs) within its £1.3 billion L&G UK Property fund to tackle liquidity concerns. Pending regulatory approval, LGIM indicated that this might involve introducing a property hybrid fund option, granting access to both direct property and REITs. This decision arises […] Posted by: Mya Driver Read more
Torus Invests £17.2 Million in Latest Project: Building New Homes in St Helens Nov 30, 2023 Torus Developments is reaffirming its commitment to expanding affordable housing in St Helens by investing £17.2 million in the construction of new homes on Rutland Street in Cowley Hill, St Helens. As part of a three-year initiative aimed at constructing over 500 new homes in St Helens, Rutland Street will feature Shared Ownership houses and […] Posted by: Mya Driver Read more
Exeter Plan Unveils Compelling Investment Opportunity in High-Density Urban Development Nov 30, 2023 In a move that has piqued the interest of discerning investors and developers, Exeter has introduced a meticulously designed urban development plan. The Exeter Plan, recently revealed, presents a calculated and potentially lucrative investment opportunity, with the potential to yield significant financial returns. The Exeter Plan, an extensive document outlining the city’s development policies for […] Posted by: Mya Driver Read more
Unique Partnership Opportunity for FTS – Huguenot House Development Nov 30, 2023 The Westminster City Council (WCC) has introduced a one-of-a-kind chance to engage in the redevelopment of Huguenot House, a project valued at £160,000,000 GBP. This initiative is set to rejuvenate the heart of Westminster and create a dynamic destination building that will leave a positive, enduring impact on the surrounding area. In this ambitious undertaking, […] Posted by: Mya Driver Read more
Resolution to grant planning permission given for Dunton Hills Garden Village Nov 30, 2023 Brentwood Borough Council last night (29/11/23) resolved to in principle grant planning permission for Dunton Hills Garden Village. The planning application, submitted by CEG in autumn 2021, provides for up to 3,700 new homes, three care homes, a village centre and two neighbourhood hubs which will provide easy access to shops, facilities and services. There […] Posted by: Mya Driver Read more
Hines exceeds fundraising target for HEVF3, raising over €1.6 billion Nov 30, 2023 Hines, a global real estate investment, development, and property management company, has successfully surpassed its fundraising goal in the final closing of the Hines European Value Fund 3 (HEVF 3). Since its launch in mid-2022, the fund raised over €1.6 billion of equity commitments, exceeding its target of €1.5 billion. Over €620m in capital was […] Posted by: Mya Driver Read more
Greater Manchester announces UKREiiF 2024 partnership Nov 29, 2023 Greater Manchester has confirmed its participation with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) for a third year. The UKREiiF event is in partnership with Pagabo and is set to take place between 21-23 May 2024, in Leeds. As part of the new Manchester Invest Partnership’s year-round programme of activity, UKREiiF will act […] Posted by: Mya Driver Read more
Chadwell Heath Residential Project Secures £15m Development to Investment Loan in a Boost to UK Housebuilding Nov 29, 2023 A residential property development in East London has been refinanced, following a bespoke £15m development to investment loan from Secure Trust Bank (STB) Real Estate Finance (REF). Situated in Chadwell Heath, an area rising in popularity for new property development schemes, the eight-story building will provide 55 high-quality residential units comprising of between one to three bedrooms. […] Posted by: Mya Driver Read more
Planning permission granted for next phase of Hemel Hempstead logistics park Nov 29, 2023 Planning permission has been granted for a further phase of development at Prologis Park Hemel Hempstead as a result of collaboration between leading owner, developer and investor of logistics property, Prologis UK and Dacorum Borough Council. The next wave of development will see five new units being built within Maylands Business Park, which is already […] Posted by: Mya Driver Read more
TfL’s £5 Million EV Charging Hubs Project Nov 29, 2023 Places for London Limited, a subsidiary of Transport for London (TfL), has opened a tender for a Joint Venture (JV) partnership, presenting a significant opportunity in the growing Electric Vehicle (EV) market. This ambitious initiative aims to design, build, and operate up to five state-of-the-art EV Charging Hubs across London. With a focus on utilising […] Posted by: Mya Driver Read more
