HGP Pours £17.7m into Housing Projects in the Midlands Sep 7, 2023 Lloyds-backed equity investor, HGP, has made a significant move in the Midlands by investing £17.7m across seven housing projects, one of which is dedicated to Build to Rent. This investment, which has been carried out since the beginning of the year, will support the rapid development of 557 Build to Rent and for-sale properties, addressing […] Posted by: Mya Driver Read more
Broadwood Capital Ventures into Prime Central London with £2.1m Loan Sep 7, 2023 Alternative real estate lender, Broadwood Capital, has successfully finalised a £2.1m loan in prime central London. This loan is intended to fund the purchase of a property located in Covent Garden. The property, a 4,800 sq ft Grade II-listed building on Buckingham Street, has received planning permission to be transformed from office space into a […] Posted by: Mya Driver Read more
Edinburgh Welcomes Development Opportunities with New Flat Proposals Sep 7, 2023 Edinburgh is set to witness a transformative urban rejuvenation as plans are rolled out for the construction of new residential flats. These flats are strategically aimed at replacing the long-abandoned industrial yards and garages that currently occupy a prime location adjacent to the city’s bustling Gorgie Road. The detailed proposal envisions the transformation of these […] Posted by: Mya Driver Read more
Prime Development Opportunity Emerges as Maidenhead’s Nicholsons Car Park Set for Demolition Sep 7, 2023 Maidenhead’s Nicholsons Broadway Car Park, which has been closed since December 2022 due to structural concerns, is slated for demolition. The decision comes after parts of the car park’s ceiling collapsed, prompting its closure for health and safety reasons. The Royal Borough of Windsor and Maidenhead council has approved the demolition, with the process expected […] Posted by: Mya Driver Read more
RO Group Finalises Sale of Taunton Travelodge for £3.9 Million Sep 7, 2023 The RO Group has confirmed the sale of its prominent Taunton Travelodge property. Located at the Riverside Retail Park, Hankridge Farm in Taunton, the hotel has been acquired by The Independent Order of Oddfellows Manchester Unity Friendly Society’s Unity United (Property) Investment Fund. The transaction was settled at £3.9 million, indicating a net initial yield […] Posted by: Mya Driver Read more
UTB Finalises £22m Investment Portfolio Refinance and Capital Enhancement Sep 7, 2023 United Trust Bank (UTB) has announced the successful completion of a £22 million refinance and capital raise, using an investment portfolio as security. This strategic financial move has enabled the borrower to pursue and finalize additional acquisitions, in sync with their opportunistic investment plans. Osman Yusuf, the founder of Rangemist Limited, had the objective of […] Posted by: Mya Driver Read more
Port One Logistics Park Expands with Four New ‘Zero Carbon’ Units Following £20m Loan Sep 7, 2023 Port One Logistics Park, which is being developed by Curzon De Vere Limited, is approaching completion on four brand new, pre-let warehousing units, following a >£20m commercial property development loan with Secure Trust Bank (STB) Real Estate Finance. The units were constructed with eco credentials in mind, featuring significant EV charging ports and PV panels. […] Posted by: Mya Driver Read more
Empowering the Next Generation: A Conversation with student Luci Birtwhistle about her UKREiiF experience Sep 7, 2023 Recently, UKREiiF had the opportunity to sit down with Luci Birtwhistle, a fourth-year town planning student at Leeds Beckett University. The discussion centred around Luci’s experiences with UKREiiF and the organisation’s dedication to uplifting young professionals in the industry. UKREiiF: Luci, could you introduce yourself to our readers? Luci: I’m Luci Birtwhistle, pursuing town planning […] Posted by: Mya Driver Read more
The Future is bright: Young Professionals at UKREiiF Sep 7, 2023 Rider Levett Bucknall (RLB) and UKREiiF joined forces during the annual UKREiiF event to encourage participation from young professionals in the construction and property industry. Recognising the need for fresh perspectives and innovative ideas, they worked collaboratively to create an inclusive environment that fosters dialogue, networking, and collaboration. This partnership reflects a shared commitment to […] Posted by: Mya Driver Read more
UKREiiF welcomes UK’s Return to EU’s Horizon Programme Boosts Science Park Real Estate Prospects Sep 7, 2023 In a significant move that promises to reshape the landscape of science park real estate in the UK, the nation has officially rejoined the European Union’s Horizon science research programme. This decision, which follows prolonged negotiations, is set to usher in a new era of collaborative research, infrastructure development, and economic growth in areas surrounding […] Posted by: Mya Driver Read more