Persimmon invests in industry-leading modular house builder TopHat Apr 25, 2023 Persimmon is pleased to announce an equity investment in TopHat, the leading volumetric modular house builder in the UK. This investment will establish a strategic partnership between the two businesses and provide guaranteed access to both TopHat’s innovative brick façade product as well as their highly energy efficient modular homes. Persimmon is investing £25 million […] Posted by: Mya Driver Read more
Border to Coast launches new £2.3bn private markets programme Apr 25, 2023 Border to Coast Pensions Partnership (Border to Coast) has launched the next stage (“Series 2B”) of its Private Markets programme, with £2.3bn of commitments from its Local Government Pension Scheme (LGPS) Partner Funds. The latest commitments take the total size of Border to Coast’s Private Markets programme, first launched in 2019, to £12bn. Over £9bn […] Posted by: Mya Driver Read more
JR Capital and Chancerygate £150m urban logistics fund acquires 55,780 sq ft Northampton portfolio Apr 24, 2023 A portfolio of seven fully-let units totalling 55,780 sq ft on Crow Lane Industrial Park in Northampton has been acquired by a £150m multi-let urban logistics investment fund. Managed by property investment company JR Capital and asset manager Chancerygate, the fund has acquired the industrial estate from asset management company Columbia Threadneedle Investments. All values […] Posted by: Mya Driver Read more
Leumi UK completes loan to fund a consented residential site in Manchester’s Salford Quays Apr 24, 2023 Specialist property lender Leumi UK has agreed to a £13.75 million short-term loan with UK real estate fund manager Frogmore, to refinance Cotton Quay – an 8.5-acre waterfront site in Salford Quays, Manchester. The site has hybrid planning consent for 1,493 Build to Sell residential units, 475 hotel beds, as well as 31,000 sq ft […] Posted by: Mya Driver Read more
£300m development portfolio – Aitch Group diversify in challenging market with new land sought Apr 24, 2023 In 2022, property developer Aitch Group spend £70 million on land across four London boroughs including Brent, Waltham Forest, Greenwich and Southwark. This added a further £300 million (GDV) to the Aitch Group development portfolio. With immediate funds available, Aitch Group are now seeking more land for development in 2023 and onwards – specifically sites […] Posted by: Mya Driver Read more
Black Women in Real Estate join UKREiiF 2023 Apr 24, 2023 Black Women in Real Estate (BWRE) have announced their involvement with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. BWRE is an organisation that connects and empowers black women within the real estate industry. With a network of 400 women, BWRE address the […] Posted by: Mya Driver Read more
Warehouse take up expected to reach 36 million sq ft in 2023 Apr 21, 2023 Take up of UK warehouse space is expected to return close to pre-pandemic levels, according to global property consultancy Knight Frank. Leasing volumes for units larger than 50,000 sq ft are forecast to total 36 million sq ft in 2023, compared to 46 million sq ft in 2022, with 6.9 million sq ft transacted in […] Posted by: Mya Driver Read more
Puma Property Finance comments on Cushman & Wakefield’s Q1 2023 Build to Rent Report Apr 21, 2023 Eliot Kaye, Managing Director at Puma Property Finance, comments on Cushman & Wakefield’s Q1 2023 Build to Rent Report: “The release of Cushman & Wakefield’s Q1 2023 Build to Rent (BTR) Report is further encouraging news for the Build to Rent sector, which has experienced 9.1% annual growth (excluding London), with the capital seeing 11.8% annual […] Posted by: Mya Driver Read more
Masterplanning team appointed for the core site Cambridge Apr 21, 2023 As joint master-developers for the 5,600 home mixed-use development in North East Cambridge, TOWN and U+I have selected a masterplanning team for the Core Site. The practice appointed to lead the project is Swedish firm Kjellander Sjöberg Architects, working alongside leading architecture practices, including Bell Phillips, Haworth Tompkins, and 5th Studio Architects, with Feilden Fowles, Nooma […] Posted by: Mya Driver Read more
Approval of 190,000 sq ft logistics, manufacturing and R&D scheme ‘Spark’ in Bishops Stortford Apr 21, 2023 Fiera Real Estate UK (“FRE UK”) and Wrenbridge are pleased to announce that plans have been approved for their new 190,000 sq ft Grade A logistics, manufacturing and R&D scheme named ‘Spark’ in Bishops Stortford. FRE UK and Wrenbridge have secured planning at their 8.5-acre site for a 189,536 sq.ft. scheme across twelve units, in […] Posted by: Mya Driver Read more
