Cordia secures planning permission for Birmingham’s first shared-living scheme Nov 5, 2024 Cordia UK, a member of Futureal Group, one of Europe’s largest property development companies, has announced planning approval of a first-of-its-kind shared living scheme in Birmingham. The landmark development will create the city’s first purpose-built shared living environment. Reimagining the HMO concept, Bradford Works will offer 54 self-contained en-suite studio units with well separated, generously […] Posted by: Deividas Krupstas Read more
Secure Trust Bank Strikes £3.8m Affordable Housing Loan with V&F Homes Nov 5, 2024 V&F Homes has received a bespoke £3.8m residential property investment loan from Secure Trust Bank (STB) Real Estate Finance to further fund growth of its affordable housing portfolio in East Anglia. Comprising of 51 new-build homes spanning across Norfolk and Suffolk, the portfolio features a mixture of shared ownership and affordable housing schemes. V&F Homes, a […] Posted by: Deividas Krupstas Read more
£750m JV formed between Greykite and Gatehouse IM to invest into Single-Family Rental Nov 5, 2024 Greykite European Real Estate Fund I (the “Fund”) and Gatehouse Investment Management have formed a joint venture to invest in purpose-built single-family rental (SFR) homes across the UK, and have acquired an initial seed portfolio across 11 sites, in the Midlands, Yorkshire and the North East, from leading housebuilder Persimmon Homes. The portfolio will be […] Posted by: Deividas Krupstas Read more
Prologis commits to £500m investment at Cambridge Biomedical Campus Nov 4, 2024 Leading property investor, owner and developer, Prologis, has announced a landmark investment in Cambridge Biomedical Campus (CBC), paralleling a commitment from the Chancellor to the life sciences sector in the Autumn Budget. Completing Phase 2 of the new development brings Prologis’ total investment in the Campus to $635m (£500m). In addition to their major investment […] Posted by: Mya Driver Read more
Greencore Acquires £45 Million Residential Site in Buckingham Nov 4, 2024 Greencore Construction, a leading sustainable housebuilder, has announced its acquisition of a £45 million residential site in Buckingham. This significant purchase aligns with Greencore’s ambitious target of building 10,000 sustainable homes across the UK, advancing its mission to revolutionise the construction industry with eco-friendly housing solutions. Greencore Construction is known for its innovative and sustainable […] Posted by: Mya Driver Read more
Muse and PIC form public-private partnership to deliver thousands of affordable homes Nov 4, 2024 A significant long-term public-private partnership, focussed on affordable housing delivery, has been announced by Pension Insurance Corporation, a major investor in UK housing and infrastructure, nationwide place maker, Muse, and Homes England, the Government’s housing and regeneration agency. The new public-private partnership, named Habiko, is a joint venture that plans to deliver 3,000 low-carbon, low-energy […] Posted by: Mya Driver Read more
M&G Real Estate acquires majority stake in leading value-add real estate fund manager BauMont Nov 4, 2024 M&G Real Estate today announces it has acquired a 65% stake in BauMont Real Estate Capital Limited (BauMont) – a leading European real estate fund manager specialising in value-add investment strategies in Western Europe. Established in 2017, BauMont’s 18-strong team is led out of Paris and London with €1.5 billion of assets under management and […] Posted by: Mya Driver Read more
Zephyr X completes acquisition and begins groundworks on new care home Nov 4, 2024 Zephyr X has announced the completion of the site purchase and the commencement of groundworks for a state-of-the-art senior living development situated in Bishop’s Waltham in Hampshire. The new care home is set to redefine the standard of comfort, privacy, and quality in senior living, according to the developer. The development, thoughtfully designed to foster […] Posted by: Mya Driver Read more
Helical completes sale of its 50% interest in the JJ Mack building Nov 1, 2024 Helical plc has completed the sale of its 50% interest in Charterhouse Place Limited, the owner of The JJ Mack Building, London, EC1, to its joint venture partner, AshbyCapital, for £71.4m, with a minor dilution of 4p per share to the 31 March 2024 EPRA NTA. The transaction reflected a price of £139.2m for Helical’s 50% […] Posted by: Mya Driver Read more
Citu and Urban Splash Residential Fund announce £200m partnership Nov 1, 2024 The Urban Splash Residential Fund (USRF), and its Investment Adviser SURE Capital Partners, have entered into a significant new partnership with sustainable developer Citu, signing a Memorandum of Understanding (MoU) worth £200m. The arrangement gives USRF priority access to Citu’s pioneering properties and single family homes across Yorkshire for the next five years, marking a […] Posted by: Mya Driver Read more
