Sidra Capital acquires The Bower Office in the UK Mar 27, 2023 Sidra Capital announced the acquisition of The Bower office in Stockley Park, UK for £73.75m (circa 7% yield) from Clearbell Property Partners II LP (Clearbell) – a fund managed by Clearbell Capital LLP together with PATRIZIA – a leading partner for global investment in real assets. The Bower has set a new ESG benchmark for […] Posted by: Mya Driver Read more
New money agreed to build 11 new schools in Suffolk Mar 27, 2023 An additional £32million investment has today been agreed by Suffolk County Council’s Cabinet to support its school growth programme, including the provision of 11 new schools across the county. As well as new schools, the additional money will also be put towards school expansion projects and help maintain school buildings, including reducing the carbon footprint […] Posted by: Mya Driver Read more
Homes England and Muse to develop Slough’s North West Quadrant Mar 27, 2023 Homes England – the government’s housing and regeneration agency – has bought the former Thames Valley University site from Slough Borough Council, and has teamed up with Muse to accelerate the creation of the place-changing North West Quadrant (NWQ). Muse have been the council’s partner in the Slough Urban Renewal joint venture for the past […] Posted by: Mya Driver Read more
5,000 new homes, £2 billion: 40 integrated retirement communities Mar 27, 2023 Retirement Villages Group (RVG), owned by AXA IM Alts, has revealed the concept for its future collection of Integrated Retirement Communities, which it says will deliver the critical change needed to cater for the UK’s growing, ageing population. Thrive Living is largely an urban or peri-urban concept which aims to regenerate local communities and town […] Posted by: Mya Driver Read more
AJC Group pledges to build 500 affordable homes in five years Mar 27, 2023 Dorset-based AJC Group has committed to raising £10,000 for a local homelessness charity, while pledging to build 500 new affordable homes across the Wessex region by 2028. The housebuilder currently has 173 private and affordable homes under construction, with a strong land pipeline located across Dorset, Hampshire, and Somerset, capable of achieving 500 new affordable […] Posted by: Mya Driver Read more
Green light for Oxford North’s Red Hall expansion to provide greater amenity, meeting, co-working and workspace Mar 24, 2023 Plans to enhance and expand the Red Hall, which will be built at the heart of Oxford North, the new innovation district, which were submitted by Oxford North Ventures, the joint venture company of Thomas White Oxford, the development company of St John’s College, Cadillac Fairview and Stanhope, have been resolved to be approved by Oxford City Council at their planning committee […] Posted by: Mya Driver Read more
Thames freeport given green light by UK Government Mar 24, 2023 The Thames Freeport has been given the go ahead to formally constitute its board and start operating fully, following the approval of the final business case by the UK Government. The Freeport is an economic zone located in the Thames Estuary and UK’s largest port – the Port of London. With 1,700 acres of development […] Posted by: Mya Driver Read more
£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
