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
LXi REIT extension to HSBC Facility Nov 13, 2023 The Company has agreed an extension to the term of its existing £60 million loan facility with HSBC (“HSBC Facility”) from December 2024 to December 2026. This was the earliest maturing debt in the Group and extends our weighted average term from 5.1 years to 5.2 years. The HSBC Facility maintains the existing margin of […] Posted by: Mya Driver Read more
Planning secured for 800,000 sq. ft Skelton Grange industrial & logistics development Nov 13, 2023 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, is pleased to announce that it has secured planning approval from Leeds City Council for the development of 800,000 sq. ft of industrial & logistics space at its Skelton Grange site in Leeds. The 50-acre site is adjacent to Junction […] Posted by: Mya Driver Read more
Vistry Group Strikes a Landmark £819 Million Deal with Leaf Living and Sage Homes for 2,915 Homes Nov 10, 2023 Vistry Group has entered into a groundbreaking partnership agreement with Leaf Living and Sage Homes, involving the acquisition of 2,915 units from Vistry, valued at a Gross Development Value (GDV) of £819 million. This substantial deal represents a significant stride in addressing the country’s pressing housing needs. The homes, spread across 70 of Vistry’s developments, […] Posted by: Mya Driver Read more
Major £10m Investment Set to Revitalise North London Villas into Luxury Apartments Nov 10, 2023 In a significant development for North London’s property market, United Trust Bank (UTB) and Iron Bridge Finance have collectively provided over £10 million in funding. This investment will support Northwest3, a joint venture between Prospect Property, OnPlan, and Point6 Developments, in their ambitious project to convert 19 flats into 16 luxury apartments in Swiss Cottage, […] Posted by: Mya Driver Read more
West One Loans Funds Record £48m Housing Project in Acton, West London Nov 10, 2023 West One Loans has marked a significant milestone by completing its largest development finance deal to date, a £31.2 million facility to support a £48 million Gross Development Value (GDV) housing scheme in Acton, West London. This substantial financial package was utilised initially for the acquisition of the site, with plans to demolish the existing […] Posted by: Mya Driver Read more
LDS Sales Guarantees Raises Project Funding Ceiling to £55 Million to Encourage Housing Development Nov 10, 2023 In a bid to further stimulate the housing sector, LDS Sales Guarantees has announced an increase in the maximum Gross Development Value (GDV) of projects they will consider, upping the limit from £35 million to £55 million. This expansion of criteria is designed to open up more opportunities for developers, their senior lenders, and finance […] Posted by: Mya Driver Read more
Hull’s West Docklands Set for Transformation Nov 10, 2023 Hull City Council’s Cabinet is poised to deliberate on a pivotal report outlining the design brief for the West Docklands area. This ambitious plan is set to establish a comprehensive planning framework, paving the way for the area’s development and rejuvenation. Strategically located, the West Docklands is encircled by key landmarks and thoroughfares, including the […] Posted by: Mya Driver Read more
