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
Study to consider business case for new West Midlands velodrome and cycle park Mar 23, 2023 The West Midlands Combined Authority (WMCA) has commissioned an independent study to examine the business case for specialist cycling facilities that will be open and accessible to everyone who lives in the region The scope of the evidence-based business case will be broad and consider all potential options. They include: A Cycling Facility Advisory Group […] Posted by: Mya Driver Read more
Britain’s largest pumped hydro scheme in 40 years gets £100m investment boost Mar 23, 2023 Landmark Coire Glas in the Scottish Highlands could power 3 million homes and more than double GB electricity storage. SSE is providing a £100 million investment boost into what can be Britain’s biggest pumped hydro storage scheme in 40 years. The announcement is being made today as part of a visit by Scotland’s Cabinet Secretary […] Posted by: Mya Driver Read more
Hampshire Trust Bank completes £21.1m development finance facility Mar 22, 2023 Hampshire Trust Bank (HTB) has completed a £21.1m development exit and construction loan facility for a mixed-use development in North London. The client was developing 48 high-quality apartments and two commercial units, as well as providing a new park for the local community. The broker, Adam Stiles of Helix Structured Finance, contacted HTB for the […] Posted by: Mya Driver Read more
