Approved: £1bn London 670-home scheme Jul 21, 2023 The London Borough of Richmond-Upon-Thames (LBRuT) Planning Committee has given the green light to the revised plans for the £1.1bn Stag Brewery project on 19 July 2023. The major mixed-use development, located on the former 22-acre Stag Brewery site in Mortlake, Southwest London, is near the Boat Race finish line at Chiswick Bridge. This approval […] Posted by: Mya Driver Read more
Arc & Co arranges £16M development finance loan for Battersea industrial scheme Jul 21, 2023 Specialist debt advisor Arc & Co. has arranged a new £16 million facility from Ingenious Real Estate to finance the development of a light industrial scheme in Battersea, south-west London. The finance has been arranged on behalf of a private developer client at a loan-to-gross-development-value (LTGDV) of 65%. The developer is constructing 30,000 sq ft […] Posted by: Mya Driver Read more
Humber Freeport launches with ambition to generate huge investment and over 7,000 jobs Jul 20, 2023 Humber Freeport has launched with a mission to drive hundreds of millions of pounds of investment and at least 7,000 new jobs. The freeport will harness the unique potential and location of the Humber to stimulate economic growth, skills development and inward investment in both established and emerging industries. Huge opportunities to build on the […] Posted by: Mya Driver Read more
New appointments to guide the next phase of delivery led by Wales’ publicly owned renewable energy developer Jul 20, 2023 The Welsh Government has appointed industry experts to its Renewable Energy Developer (RED) Programme, responsible for delivering environmental assessments for several significant renewable energy projects across Wales. The RED Programme will develop wind projects on publicly owned land, supporting the Welsh Government’s commitment to renewable generation delivering tangible benefits to Wales, leading the way in […] Posted by: Mya Driver Read more
Kuflink gets debt funding line worth £35m Jul 20, 2023 Kuflink, a peer-to-peer property lender, has secured a £35m revolving credit facility from Paragon Bank, arranged by European Risk Capital. This new funding line will provide Kuflink with strategic access to institutional capital, scalable growth, new funding options, and a significant alternative source of debt finance. Narinder Khattoare, CEO of Kuflink, stated that this facility […] Posted by: Mya Driver Read more
Padlock locks up two UK properties Jul 20, 2023 Padlock Partners UK Fund IV has announced the successful completion of its acquisition of two redevelopment properties in Edmonton and Haverhill, UK. The properties were purchased for an aggregate cost of approximately £3,737,500 and £3,450,000, respectively, not including closing costs. The funds for these purchases were sourced from the Trust’s initial public offering (“Offering”) and, […] Posted by: Mya Driver Read more
Comment Piece: Social Value Is In Good Thanks! Rebel Ideas…Next Generation Jul 20, 2023 Author: David Gilbank, Marketing Manager @ UKREiiF I’ve always considered myself to be a rebel, usually one without a cause or a clue. But I’ve always valued new ideas and people that are willing to go against the grain to achieve some kind of new outcome or shatter hard-boiled paradigms. So, the title of this […] Posted by: Mya Driver Read more
Sellar secures consent for an innovative 444-bed student housing led mixed use development in Southwark Jul 20, 2023 Sellar, the investment and development company specialising in innovative mixed-use projects and which delivered the internationally recognised Shard Quarter, has secured a resolution to grant planning permission for the development of 444 purpose-built student homes, fully direct let, with eight affordable homes for local key workers and flexible office and retail space, following a unanimous decision […] Posted by: Mya Driver Read more
Interland Group Consolidates Investment Property Loans with £66m Refinancing of Greater London Residential Portfolio Jul 20, 2023 Private real estate and renewable energy investment company, Interland, has agreed a £66.4m investment property loan with Secure Trust Bank Real Estate Finance to refinance its portfolio of residential assets across Greater London. The new 5-year agreement sees Interland refinance an existing £42.2m loan with Secure Trust Bank with a £24.2m uplift to cover additional […] Posted by: Mya Driver Read more
Plans agreed for transformation of Middlesbrough town centre Jul 20, 2023 The bright new vision for Middlesbrough’s future has been signed off by the town’s Development Corporation Board. During its meeting, the Board was asked to approve the Masterplan for the Middlesbrough Development Corporation, which aims to make the area “Bold, Industrious & Open for Business; Middlesbrough, reinvented as a great place for everyone.” Created with […] Posted by: Mya Driver Read more
