Edinburgh’s Prime Residential Site on Sale with £65m Development Potential Sep 5, 2023 A prime residential development site in Leith, Edinburgh, with the potential to house nearly 250 units, has been listed for sale. The site, known as The Glassworks, spans 3.46 acres and boasts a potential gross development value of up to £65 million. It has already secured planning permission, allowing for the construction of 247 residential […] Posted by: Mya Driver Read more
Maven Capital Partners Takes Helm of £38m Fund to Boost South West Property Ventures Sep 5, 2023 Maven Capital Partners has been entrusted with the management of a new £38 million equity finance fund, targeting property and real estate developments in the South West of England. This initiative is part of the British Business Bank’s £200 million South West Investment Fund (SWIF), designed to stimulate growth in the region by supporting local […] Posted by: Mya Driver Read more
LGT Wealth Management Finalises £140m Acquisition of abrdn’s DFM Division Sep 5, 2023 LGT Wealth Management has successfully concluded its £140 million purchase of abrdn’s discretionary fund management (DFM) operations, spanning both the UK and Jersey. Initially unveiled in February 2023, the transaction has now secured all necessary regulatory nods. As part of the agreement, LGT has integrated all client relationships from the DFM business and welcomed its […] Posted by: Mya Driver Read more
Birmingham’s Brindleyplace Campus Acquired for £125 Million by Praxis and Veld Sep 5, 2023 In a significant move, Praxis, a UK property investment and management platform, in collaboration with Veld Capital, a private credit specialist investor, has acquired the renowned Brindleyplace offices campus in Birmingham’s city centre. The deal, valued at £125 million, was made public by CoStar News. The Brindleyplace campus, spanning 14.9 acres along the canal, stands […] Posted by: Mya Driver Read more
Crosstree Clinches Top Spot with the Year’s Premier UK-Focused Real Estate Fund Sep 5, 2023 Crosstree has marked a significant milestone by successfully raising the year’s most substantial UK-focused real estate fund. This accomplishment not only showcases the firm’s dedication to strategic investments in the UK market but also cements its reputation in the real estate investment sector. Operating out of London, Crosstree is renowned for its versatile investment strategy, […] Posted by: Mya Driver Read more
Nuveen Real Estate secures £35 million capital commitment for European Value Add strategy Sep 5, 2023 Nuveen Real Estate, one of the largest investment managers in the world with $153 billion of assets under management, has secured a further €40 million (£35m) in capital commitments for its pan-European diversified Value Add strategy, from a Canadian institutional investor. The latest commitment will give the strategy in excess of €500 million of dry […] Posted by: Mya Driver Read more
Fane Valley Secures Planning Approval for £4.5M Industrial Facility in Northern Ireland Sep 5, 2023 Fane Valley, a prominent name in Northern Ireland’s agricultural and food processing sector, has obtained planning permission for a £4.5 million industrial facility. This development is anticipated to create 25 new jobs in the region. The approved plan involves the construction of a 5,500 square metre office and industrial unit on Glenavy Road, close to […] Posted by: Mya Driver Read more
Stockport’s Visionary Land Exchange: Paving the Way for a £250m Urban Revival Sep 5, 2023 In a strategic move to bolster urban regeneration, Stockport Council is setting its sights on a pivotal land exchange in the heart of the town. The council’s objective is clear: to acquire a prime site off Travis Brow, a step that promises to be a linchpin in advancing a £250m urban rejuvenation initiative. This isn’t […] Posted by: Mya Driver Read more
Firth Steels announces UKREiiF 2024 partnership Sep 4, 2023 Firth Steels, a leading name in the steel manufacturing industry, has officially announced its strategic partnership with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 21-23 May 2024, in Leeds. As a renowned steel manufacturing company, Firth Steels has a long-standing commitment to delivering high-quality products and […] Posted by: Mya Driver Read more
Housing Growth Partnership Pours £18m into Midlands’ Housing Boom Sep 4, 2023 The Midlands’ housing sector is set to receive a significant boost, with Housing Growth Partnership (HGP) announcing an equity investment of £17.7 million. This Lloyds-backed venture aims to accelerate the construction of 557 homes across seven distinct housing projects in the region. HGP’s collaboration with a range of established local housebuilders will address the pressing […] Posted by: Mya Driver Read more
