Plus X join UKREiiF 2023 Mar 14, 2023 Plus X Innovation Hubs have confirmed their involvement with The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May in Leeds. Plus X Innovation Hubs creates the best opportunities for people and businesses to thrive. Their mission is to build an unrivalled global innovation community by creating […] Posted by: Mya Driver Read more
Wirral’s £25m Maritime Knowledge Hub gets the green light from Wirral Council planners Mar 14, 2023 Plans to build a world class maritime centre of excellence, focused on innovation, engineering, R&D, entrepreneurship and training at the heart of Peel L&P’s Wirral Waters, have been approved by Wirral Council. The announcement was made today (14th March) at MIPIM, the international property event in Cannes, France, by Richard Mawdsley, Peel L&P’s director of […] Posted by: Mya Driver Read more
ISG secures new framework and major project win with Ministry of Justice Mar 14, 2023 ISG continues to build on its near two-decade relationship with the Ministry of Justice (MoJ) – with two landmark wins. The contractor has been appointed to the MoJ’s five-year, £2.5 billion Constructor Services Framework; and has also been awarded its single largest refurbishment project to date – a £61 million upgrade scheme at HMP Birmingham. […] Posted by: Mya Driver Read more
Cohort Saves Developers £12m Deposit With £22m Acquisition Facility Mar 14, 2023 Cohort Capital provided an acquisition facility of £22m at 60% LTV for the purchase of 50 Brook Green, W6 7BJ, a 40,000 sqft office asset, formerly a school which now has planning for 33 high end residential apartments. The loan was made to a US Fund, who will deliver the conversion with a development facility […] Posted by: Mya Driver Read more
Network Homes & Sovereign to merge: 82000 homes & £100m investment Mar 14, 2023 The boards of Network Homes and Sovereign have approved proposals to merge and become a new housing association. The target date for the completion of the merger is October 2023. The vision for the new organisation, which will be known as Sovereign Network, is to provide current and future residents with more, better quality homes […] Posted by: Mya Driver Read more
65% of wealthy investors expect to increase exposure to venture capital schemes as a result of upcoming tax rules Mar 14, 2023 Over two-thirds of wealthy investors intend to invest more into tax efficient investments, such as Venture Capital Trusts (VCTs), the Enterprise Investment Scheme (EIS) and its younger sibling the Seed Enterprise Investment Scheme (SEIS), as a result of the onerous new tax increases coming in from next month. This is according to a survey of […] Posted by: Mya Driver Read more
Sale of Sainsbury’s Reversion Portfolio Interest Mar 14, 2023 Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property in the UK, announces the exchange of contracts for the sale of its interest in the Sainsbury’s Reversion Portfolio (the “SRP Portfolio”) to Sainsbury’s for a total gross consideration of £430.9 million (excluding costs). The sale […] Posted by: Mya Driver Read more
Leading Property Names form Partnership to Deliver Upper Brook Street Masterplan Mar 14, 2023 McLaren Property, Property Alliance Group (Alliance), Moda Living and Kadans Science Partner are working collaboratively to deliver a masterplan vision for Upper Brook Street, Ardwick in Manchester. The parties involved are working with Manchester City Council, to transform the suite of sites and deliver an exemplary new neighbourhood for the city. The consortium has today […] Posted by: Mya Driver Read more
Thomson Environmental Consultants sign up to UKREiiF 2023 Mar 13, 2023 Thomson Environmental Consultants 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. Founded in 2004, Thomson Environmental Consultants is a leading specialist environmental consultancy, providing a range of services in terrestrial, freshwater and marine environments. Supporting clients working in […] Posted by: Mya Driver Read more
Intention to float £228.9m E-Warehouse portfolio on IPSX Mar 13, 2023 M7 Box+ REIT plc (“Box+ REIT” or the “Company”), a newly established, externally managed closed-ended investment company announces that it intends to apply for the Company’s shares to be admitted to trading on the Wholesale segment of IPSX by way of an introduction (the “Admission”). Upon Admission, the Company proposes to acquire a portfolio of […] Posted by: Mya Driver Read more
