Cheyne Capital Completes £123m Senior Loan for Mixed-Use Scheme in South London Mar 9, 2023 Cheyne Capital Management (UK) LLP (“Cheyne”), the global alternative asset manager, today announced that it has provided a £122.8m senior loan to MARK, the pan-European real estate investment manager, to refinance a newly developed, mixed-use scheme known as Borough Yards in south London. The loan provided was used to refinance the existing lender group following […] Posted by: Mya Driver Read more
Greater Manchester to attend UKREiiF 2023 Mar 8, 2023 Greater Manchester has confirmed attendance at The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16 -18 May in Leeds. The Manchester at UKREiiF Partnership, will be coordinated by Marketing Manchester; the agency that promotes Greater Manchester to a global audience as a place to visit, invest, meet […] Posted by: Mya Driver Read more
Byker Estate set for £11m external environmental overhaul Mar 8, 2023 The iconic Byker estate in Newcastle upon Tyne is set to benefit from a major external neighbourhood improvement programme, thanks to investment from Byker Community Trust (BCT), part of Karbon Homes. Customers living on the estate were asked to identify their environmental concerns, problems and priorities for their neighbourhood and some of those improvements are […] Posted by: Mya Driver Read more
British Business Investments announces £20m Tier 2 investment in Secure Trust Bank Mar 8, 2023 British Business Investments today announces a new £20m subscription to specialist lender Secure Trust Bank plc’s £90 million Tier 2 note issuance. The investment follows a previous £25m subscription to Secure Trust Bank’s £50m Tier 2 note issuance in 2018, which has now been repaid. The £20m subscription has been provided through British Business Investments’ […] Posted by: Mya Driver Read more
Bruntwood SciTech Unveils Plans For £60m Highly Specialist Lab Space at Manchester Science Park Mar 8, 2023 Bruntwood SciTech, the UK’s leading property developer dedicated to the growth of the science and technology sector, is set to invest a further £60m into Manchester Science Park (MSP) and support the creation of over 2,500 jobs, as it unveils plans for an additional 131,000 sq ft of world-class, highly specialist lab space to continue […] Posted by: Mya Driver Read more
Expansion at Invertek Drives with an anticipated investment of £6.3m in a new Innovation Centre Mar 8, 2023 An anticipated investment of £6.3 million in a new Innovation Centre is planned at the global headquarters of Invertek Drives, a world-leading innovator and manufacturer of variable frequency drive (VFD) technology. Land has been acquired next to the company’s global headquarters and manufacturing facility at Offa’s Dyke Business Park, Welshpool, Powys, UK, for the bespoke […] Posted by: Mya Driver Read more
Leicestershire County Cricket Club Announce Major Redevelopment Plans Mar 8, 2023 Leicestershire County Cricket Club has entered into consultation with developers, stakeholders and the community after announcing intentions for a £60m redevelopment of Uptonsteel County Ground. The club has been working extensively with architects, research consultants and financial bodies to produce design specifications that have the scope to transform the existing stadium and create new facilities […] Posted by: Mya Driver Read more
BentallGreenOak surpasses target with final close of third UK Secured Lending Fund at £1.433 billion Mar 8, 2023 BentallGreenOak, a leading global real estate investment management advisor and provider of real estate services, has today announced the successful final close of its third UK Secured Lending Fund, with a total of £1.433 billion in commitments from over 25 global institutional investors. The Fund surpassed its initial target of £1 billion, making it one […] Posted by: Mya Driver Read more
Geothermal Engineering secures £15 million funding from Kerogen Capital and Thrive Renewables Mar 8, 2023 Geothermal Engineering Limited (GEL), the UK’s leading developer and operator of geothermal plants, has obtained £15 million funding from Kerogen Capital (£12 million) and Thrive Renewables PLC (£3 million), subject to conditions. This will advance both the flagship project at the United Downs site in Cornwall and its Geogen geothermal development portfolio. Ryan Law, Managing […] Posted by: Mya Driver Read more
Marshgate Group delivers largest speculative “mid box” logistics scheme in Essex at Horizon 120, Braintree Mar 8, 2023 Marshgate Group announces the practical completion of Hyperion, a new 160,000 sq ft “mid box” scheme forward funded by CBRE Investment Management, located in Braintree, Essex. The three detached units, ranging between 31,000 sq ft and 76,700 sq ft, have been constructed to a high specification and comply with sustainable environmental standards (EPC A and […] Posted by: Mya Driver Read more
