UK Business Council for Sustainable Development – latest name to sign up for UKREiiF Jan 4, 2023 The Beyond Net Zero Pavilion is back, bigger and with a packed showcase programme featuring some of the leading thinkers and companies from across the development sector. The UK Business Council for Sustainable Development (UKBCSD), in partnership with the City of Bradford Metropolitan District Council, have announced their involvement in this year’s event. Following a […] Posted by: Mya Driver Read more
Nearly £50m in funding agreed for 693-bed student scheme in Nottingham Jan 3, 2023 The developer Conygar has entered into a new facilities agreement with Barclays Bank PLC (“Barclays”) comprising a development facility and an investment facility (together the “Facilities”) up to £47.5 million in aggregate. The Facilities will enable the completion of the construction, targeted by the summer of 2024, and subsequent letting of the 693-bed student accommodation development at The […] Posted by: Mya Driver Read more
Solar firm acquires £56m portfolio Jan 3, 2023 Bluefield Solar Income Fund has acquired a 46.4 megawatt peak (MWp) capacity portfolio of solar farms from Fengate Asset Management for £56 million. Bluefield is an income fund which is focused on the acquisition and management of UK renewable energy and storage assets. The portfolio is comprised of a 39.3 MWp plant in Scunthorpe (Raventhorpe) […] Posted by: Mya Driver Read more
Legal & General Capital commits £5bn of alternative asset investments globally, delivering new homes, offices, clean energy infrastructure and urban regeneration schemes Jan 3, 2023 Legal & General Capital announces that it committed around £5bn towards levelling up the UK’s towns and cities across 2022, driving regional economic growth, tackling the housing crisis, and supporting the climate transition, whilst expanding its footprint into the US for the first time. Despite globally economic uncertainty, Legal & General Capital has significantly increased […] Posted by: Mya Driver Read more
Impact Healthcare REIT teams with Virgin Money to revolving credit facility Jan 3, 2023 The Board of Directors of Impact Healthcare REIT plc (ticker: IHR), the real estate investment trust which gives investors exposure to a diversified portfolio of UK healthcare real estate assets, in particular care homes, is pleased to announce that the Group has successfully agreed an increase in the size, an extension to the term and a reduction […] Posted by: Mya Driver Read more
ADG submits plans for Peterlee retail centre Jan 3, 2023 Yorkshire-based Almscliffe-Dhesi Group (ADG) has submitted plans to Durham County Council for a new centre on the former Vauxhall Car dealership site off Passfield Way, in a move it says would create up to 100 full and part-time jobs. High-profile tenants already signed up for the 13,027sqft sq ft development include national retailers Sainsbury’s, Tanning […] Posted by: Mya Driver Read more
Avant Homes announces new regional launch with five development sites Jan 3, 2023 Avant Homes has announced the launch of its seventh region with five developments set to deliver 726 new homes in North Yorkshire with a total gross development value of £206m. The business already has work underway at its 80-home Ambretone Park development in Green Hammerton, Harrogate; 154-home Greenwards Point development in Easingwold, York; and 129-home […] Posted by: Mya Driver Read more
New partnership to create 2,000 homes for Warwickshire Dec 20, 2022 Warwickshire County Council and its property company Warwickshire Property & Development Group (WPDG) have announced a major new joint venture with leading developer Countryside Partnerships, which will see 2,000 new homes created across the county. Develop Warwickshire will help bring sites forward for housing over the next 30 years, with three being taken forward for […] Posted by: Mya Driver Read more
OakNorth Bank completes £9.8m loan to Eccleston Square Hotel Dec 20, 2022 OakNorth Bank has provided a £9.8m loan to boutique London hotel, Eccleston Square Hotel. The capital will be used to refinance existing debt and support the hotel’s future growth strategy. Previously known as Elizabeth Hotel, the five-storey, grade-II listed site was converted from a B&B in 2010, is managed by Olivia Byrne, and comprises of 39 double […] Posted by: Mya Driver Read more
Panattoni acquires prime 257,000 sq ft logistics development site in Brighton Dec 20, 2022 Panattoni, the largest logistics real estate developer in the UK and Europe, has acquired a prime site near Brighton for a 257,000 sq ft speculative logistics development to serve the south coast markets. The development, called Panattoni Park Brighton, is on a 12-acre site, which Panattoni has just acquired in an off-market deal from an […] Posted by: Mya Driver Read more
