Bassi Capital Aims for £10bn Asset Target; Eyes New Acquisitions Sep 14, 2023 Bassi Capital, having recently supported the MBO of Avison Young’s real estate restructuring team to form Watling Real Estate, has now set its sights on achieving £10bn in assets under management (AUM). This ambitious goal comes on the heels of the firm’s acquisition of a 50% stake in commercial property management company CGBA Robson in […] Posted by: Mya Driver Read more
Canada Water Dockside given green light by Southwark Council Sep 14, 2023 Art-Invest Real Estate (Art-Invest) announces that on 13 September 2023 Southwark Council resolved to grant permission for detailed designs at Canada Water Dockside, its c.1.5 million sq ft (140,000 sqm) commercially-led, landmark scheme in Canada Water. A 4.5-acre site, Canada Water Dockside is one of London’s largest and most innovative developments that sits at […] Posted by: Mya Driver Read more
Hines grows UK logistics footprint acquiring four assets in the West Midlands Sep 14, 2023 Hines, a global real estate investment, development, and property manager, has acquired a portfolio of four multi-let industrial estates in the West Midlands on behalf of its Hines European Value Fund 2 (HEVF 2) from London Metric. The four estates comprise a 47-unit mix of light industrial, trade and mid-box warehousing totaling 434,000 sq ft. […] Posted by: Mya Driver Read more
Utilising the UKREiiF Platform to Create Charitable Donations Sep 14, 2023 Our vision for UKREiiF was to create not only an annual event which was the leading platform for the public and private sector in our industry to gather, but also a core pillar has always been to deliver for the communities many of us either serve or work within. The content at UKREiiF across our […] Posted by: Mya Driver Read more
Ajar Technology sign up for UKREiiF Sep 13, 2023 Ajar Technology 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. Digital transformation specialists, Ajar Technology works with businesses to integrate digital technologies and solutions into various aspects of their […] Posted by: Mya Driver Read more
Unite Students Announces £95m Glasgow Development Amid Student Housing Shortage Sep 13, 2023 Unite Students, the UK’s premier student accommodation developer, has unveiled plans for a significant expansion in Glasgow. The company disclosed an option agreement to purchase a central Glasgow site for an 800-bed development, contingent on planning approval. This move is a strategic response to Glasgow’s pressing student housing deficit. The city, a hub for three […] Posted by: Mya Driver Read more
OakNorth Extends £35m Funding Line to Saxon Trust for Market Expansion Sep 13, 2023 Saxon Trust, known for its diverse product offerings from bridging loans, refurbs, conversions to ground-up development projects and development exits, has successfully secured a £35m funding facility from OakNorth. This strategic move aims to bolster Saxon’s position in the market, especially as other firms retract from the mid-market segment. Brian West, the Head of Sales […] Posted by: Mya Driver Read more
Overseas Family Office Acquires Portrack Retail Park for £6.35m Sep 13, 2023 Portrack Retail Park, located off Portrack Lane in Stockton, has been acquired for a sum of £6.35 million. The park, which spans 65,235 sq ft and houses six fully-let retail, warehouse, and trade counter properties, was purchased by an overseas family office. The deal was facilitated by Knight Frank and JLL, who represented UK Land […] Posted by: Mya Driver Read more
UTB and LDS Collaborate on £10m Essex Apartment Project Sep 13, 2023 United Trust Bank (UTB) and LDS Sales Guarantees have joined forces to back the construction of a 27-unit apartment complex in Essex, boasting a Gross Development Value (GDV) close to £10 million. The partnership is part of a 92% Loan to Cost (LTC) agreement, wherein LDS has provided a sales guarantee, finalized in just over […] Posted by: Mya Driver Read more
West Northamptonshire Council Seeks Development Partner for Prime Regeneration Scheme Sep 13, 2023 West Northamptonshire Council (WNC) is gearing up for a significant regeneration project, with plans in motion to remove asbestos and demolish the former BHS, M&S, and Jobcentre buildings located at 35-39 Abington Street and 20-28 Wood Street. The council’s proactive approach aims to provide a cleared site, primed and ready for construction, to potential developers. […] Posted by: Mya Driver Read more
