Silbury Finance maintains deployment momentum with £67 million loan for 341-home mixed tenure development in Bedford Jul 31, 2023 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £67 million senior loan to MCR Property Group, the established residential developer. The 24-month facility will fund the development of 341 homes, a mix of for sale and rent, in the sought-after commuter town of Bedford. It represents the third deal between the […] Posted by: Mya Driver Read more
Housing Growth Partnership and McGoff Group Launch £13m JV for 237-Unit BTR Scheme in Manchester Jul 31, 2023 Housing Growth Partnership (“HGP”), the Lloyds-backed equity investor supporting the UK’s living sector to deliver more homes, has committed £13m to a joint venture with McGoff Group (“McGoff”) to deliver the new Downtown Victoria North build-to-rent scheme in Manchester. The development is situated on a form er gasworks on Rochdale Road and represents a key […] Posted by: Mya Driver Read more
Czech-Based P3 Logistic Parks Makes UK Debut with Acquisition of Two Midlands Assets Jul 31, 2023 P3 Logistic Parks, a leading investor, manager, and developer of warehouse properties based in the Czech Republic, has made its debut in the UK market through the purchase of two logistics assets from Segro. These acquisitions, located in the Midlands, total approximately 872,000 sq ft of space. The first asset, situated in Crick, offers around […] Posted by: Mya Driver Read more
Liverpool City Region set to get £310m funding as the UK’s second Investment Zone Jul 31, 2023 Communities across the Liverpool City Region could be set to benefit from over 4,000 new jobs and a multi-million-pound investment in the life sciences sector as part of the UK’s second Investment Zone. The government has today (26 July 2023) launched England’s second Investment Zone in Liverpool City Region, which could unlock £320 million of private investment and deliver 4,000 […] Posted by: Mya Driver Read more
Real Estate Investors Pursues £46.55m Opportunistic Sales Strategy Jul 31, 2023 Real Estate Investors (REI), a Birmingham-based property firm, has reaffirmed its commitment to an opportunistic sales strategy aimed at reducing debt amidst challenging and unstable market conditions in the property sector. Despite these conditions, REI has experienced strong demand from private investors and owner-occupiers for its assets in the first half of the year. The […] Posted by: Mya Driver Read more
Iconic Rothbury Estate: A £35M, 10,000-Acre Historic Property in Northumberland Hits the Market for the First Time in 650 Years Jul 31, 2023 For the first time in over 650 years, the Rothbury Estate, a historic property spanning nearly 10,000 acres, is up for sale. The estate, which is valued at £35 million, includes 23 properties and 12 farms. The Percy family, who have owned land in Northumberland since the 14th century, are the current proprietors of the […] Posted by: Mya Driver Read more
Crunching the Numbers: How UKREiiF Generated £12m for the local Leeds economy Jul 28, 2023 By Nathan Spencer, Director at UKREiiF It’s official: UKREiiF has injected more than £12m into the local Leeds economy in 2023 – up from £5.5m in our first year. With nearly £20m pumped into Leeds businesses over two years, it’s an easy assumption that any event the size of UKREiiF will inevitably have a positive […] Posted by: Mya Driver Read more
Cain International and Starwood Capital Group Jointly Extend £535M Loan to Canary Wharf Group for Wood Wharf Phase 3 Development Jul 28, 2023 Cain International and Starwood Capital Group, both prominent investment firms, have entered into a £535 million loan agreement with Canary Wharf Group to fuel the upcoming phase of the Wood Wharf residential project. Each firm is set to provide half of the loan, making it one of the most significant development loans issued in the […] Posted by: Mya Driver Read more
Willmott Dixon to deliver Nottingham’s new Green Heart Jul 28, 2023 Willmott Dixon has been confirmed as the main contractor to deliver the next phase of Nottingham City Council’s Broad Marsh Green Heart regeneration scheme. Procured through SCAPE, one of the UK’s leading procurement specialists, the Green Heart is a key element of the vision for Nottingham’s 20-acre Broad Marsh area, transforming a site that was […] Posted by: Mya Driver Read more
Portsmouth News Centre to Make Way for Modern Electric Bus Depot Jul 28, 2023 The former headquarters of a regional daily, The News Centre in Portsmouth, is set to be redeveloped by First Bus, the new owner of the site. The company has submitted a request to Portsmouth City Council for permission to clear the site, which includes the main building. The News Centre was the base of the […] Posted by: Mya Driver Read more
