Development Bank backs £4.1 million investment to transform brownfield site into vibrant business park Nov 15, 2023 A South Wales property firm will revitalise a dormant brownfield site outside Merthyr Tydfil with the backing of a £4.1 million investment from the Welsh Government and Development Bank of Wales. MKR Property Developments Ltd has started construction on Paisley Business Park, on the site of the former ICI works at Pant Industrial Estate. The […] Posted by: Mya Driver Read more
Downing completes Maiden acquisition in Bristol Nov 15, 2023 Downing, the family-owned and vertically integrated real estate developer and manager, has successfully completed its first acquisition in Bristol, with the purchase of NCP’s Nelson Street Car Park, as part of a long-term strategic acquisition. Situated in the heart of Bristol, Nelson Street Car Park is located on an island bound by Fairfax Street, The […] Posted by: Mya Driver Read more
Moorfield Group, Melberry Developments and Funding House partner for £42m student accommodation scheme Nov 15, 2023 Moorfield Group (“Moorfield”), the UK real estate fund manager, has entered into its second development agreement with Melberry Developments (“Melberry”), on behalf of Moorfield Real Estate Fund V, for a 293-bed purpose-built student accommodation scheme in Lincoln. It is also Moorfield’s second project in its “Zennor” partnership with Funding House. The £42m GDV scheme, funded […] Posted by: Mya Driver Read more
Glencar to deliver new state of the art regional hub for DX (Group) plc at new 200-acre New Stanton Park Development situated in Ilkeston at J25 of the M1 Nov 14, 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 new customer Verdant Regeneration to design and build a new 20,400 sq ft regional hub for DX (Group) plc, a leading provider of delivery solutions including parcel freight, secure courier, 2-Man […] Posted by: Mya Driver Read more
AlphaReal and Just Group invest in over 100 health and childcare facilities assisting approximately 1,800 people Nov 14, 2023 AlphaReal, the specialist secure income manager, has deployed £350 million of long income real estate backed investments over nine months on behalf of Just Group with a significant social infrastructure focus. The portfolio includes over 100 healthcare facilities that provide specialist care for patients with high acuity caring needs and childcare centres providing important support […] Posted by: Mya Driver Read more
CBRE Investment Management to Undertake Major Office Refurbishment at Prime City of London Location Nov 14, 2023 CBRE Investment Management (“CBRE IM”) has announced a comprehensive repositioning of 10 Gresham Street, London following planning consent from The City of London Corporation. The Foster + Partners designed building has been reimagined by leading architecture practice, Gensler to deliver a high-performance office environment with a focus on sustainable resource use. Meeting the needs of […] Posted by: Mya Driver Read more
UBS Asset Management Spearheads £105m Investment in Matter Real Estate’s New UK Housing Fund Nov 14, 2023 UBS Asset Management’s real estate multi-manager division has played a pivotal role in launching a new UK residential income fund, managed by Matter Real Estate. This initiative, marked by UBS’s significant £105 million investment, focuses on the Matter UK Residential Income Fund (MUKRIF). The fund is primarily geared towards core single-family properties. The initial funding […] Posted by: Mya Driver Read more
Oryx acquires £25 million Milton Keynes logistics development Nov 14, 2023 Oryx Real Estate Partners (“Oryx”), the investment and asset management firm specialising in deploying international private capital, has acquired a 5-acre logistics site in Milton Keynes, marking its debut UK logistics investment. Pembury Real Estate will act as development partner for the project, which has an estimated development value of between £25 million and £30 million. […] Posted by: Mya Driver Read more
Stafford Capital Partners finalises swift deployment of fourth infrastructure secondaries fund and makes first investment of fifth fund Nov 13, 2023 Stafford Capital Partners (“Stafford”), a leading international private markets investment and advisory group, has finalised the deployment of its fourth infrastructure secondaries fund, SISF IV, and made the first investment of its fifth fund, SISF V. The pace of deployment has meant that the Stafford team has invested the full fund amount almost two years […] Posted by: Mya Driver Read more
PIC and London Square Group to invest £50 million in first affordable and shared ownership homes development Nov 13, 2023 Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension schemes, today announces its first affordable housing investment of £50 million to develop 125 affordable and shared ownership homes, funded with a combination of internal debt and equity. The development was made possible through a £4.9 million grant from the Mayor of London’s […] Posted by: Mya Driver Read more
