£200M Student JV launched! Mar 24, 2023 Singapore-based private equity investment firm Q Investment Partners (QIP) and integrated property group Soilbuild have announced a £200 million platform to invest in purpose-built student accommodation in the UK. QIP and Soilbuild have capitalised and underwritten the build-to-core platform, which could potentially be scaled up to GBP400 million. The joint venture partners seek to syndicate […] Posted by: Mya Driver Read more
Countryside Partnerships acquires site in Grimsby for 299 new homes Mar 24, 2023 Countryside Partnerships, the leading mixed-tenure developer, has acquired land in Grimsby that will provide 299 new homes. The site will form the fourth phase of Scartho Top, a major redevelopment area in south Grimsby that will eventually provide more than 2,000 new homes. Under the plans, 61 affordable homes will be managed by Gainsborough-based housing […] Posted by: Mya Driver Read more
Countryside Partnerships closes £80m of deals across two BTR assets with Sigma Capital Group Mar 24, 2023 Countryside Partnerships and leading built-to-rent (BTR) provider Sigma Capital Group have agreed two deals to deliver a total of 190 BTR homes with a combined value of just under £80m on two of its major mixed-tenure schemes. At Clapham Park, the £1bn South London regeneration scheme that Countryside Partnerships is delivering in joint venture with […] Posted by: Mya Driver Read more
CCR Strategic Premises Fund makes landmark £1.7m investment to support sustainable future for Pulse Plastics in Ebbw Vale Mar 23, 2023 Cardiff Capital Region’s Strategic Premises Fund (SPF) secured its first landmark investment before Christmas 2022, helping drive the next stage of growth for Pulse Plastics Limited by funding their relocation to a 38,000 square foot industrial unit on the Rassau Industrial Estate in Ebbw Vale. SPF’s inaugural investment is particularly timely, as it anchors the […] Posted by: Mya Driver Read more
Cardiff Capital Region complete purchase for green transformation of Aberthaw Power Station Mar 23, 2023 The vision for a c.489 acre green energy park in the Vale of Glamorgan took a significant step forward in March 2023 – with Cardiff Capital Region completing the purchase of the Aberthaw coal-fired power station that once symbolised fossil-fuel energy production in Wales. Completion of purchase brings closer the demolition and remediation of the […] Posted by: Mya Driver Read more
Sustainability: the goal for everything and everyone in our region Mar 23, 2023 Shaping our world to create a sustainable prosperity for all people – in harmony with our planet – is unarguably the greatest challenge facing us as a region, country and species. So, it’s easy to see why Sustainability has been passionately embraced as one of the four strategic goals of Cardiff Capital Region. But what […] Posted by: Mya Driver Read more
CCR: Connecting S.E. Wales for sustainable success Mar 23, 2023 An interconnected world brings unimaginable opportunities to people, communities, businesses and economies. It’s why ‘Connectivity’ is one of CCR’s key strategic goals – and why our direction of travel is centred around connecting the power and potential of the industry, enterprise and talent that resides in every city, town and village across South East Wales. […] Posted by: Mya Driver Read more
One investment fund backing many types of innovation Mar 23, 2023 The Cardiff Capital Region £50M Innovation Investment Capital (IIC) fund was launched in November 2022 to help SMEs in many different sectors realise the potential of innovation. But what is ‘innovation’? And what sort of scale-up ideas qualify for the £2M-£7M investments provided by the IIC? In essence, innovation is any new thinking or practice […] Posted by: Mya Driver Read more
Clarion Partners Europe re-enters UK warehouse market with £52 million double acquisition Mar 23, 2023 Clarion Partners Europe (Clarion), the real estate investment fund manager specialising in logistics and industrial assets, has acquired two modern, institutional quality distribution warehouses, totalling 438,444 sq ft, in Peterborough, UK, for £52 million, from Equities Property Fund. The investments represent the first by Clarion Partners Europe in the UK since 2016, a market where […] Posted by: Mya Driver Read more
Londonmetric sells a portfolio of multi-let industrial units for £46 million Mar 23, 2023 LondonMetric Property Plc (“LondonMetric”) announces that it has simultaneously exchanged and completed on the sale of a portfolio of three multi-let industrial estates for £46.0 million, which reflects a NIY of 5.8%. The disposal is slightly above book value as at 30 September 2022. The estates total 446,000 sq ft across 113 units and generate […] Posted by: Mya Driver Read more
