UKREiiF News

Expansion at Invertek Drives with an anticipated investment of £6.3m in a new Innovation Centre

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

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Leicestershire County Cricket Club Announce Major Redevelopment Plans

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

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BentallGreenOak surpasses target with final close of third UK Secured Lending Fund at £1.433 billion

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

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Geothermal Engineering secures £15 million funding from Kerogen Capital and Thrive Renewables

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 […]

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Marshgate Group delivers largest speculative “mid box” logistics scheme in Essex at Horizon 120, Braintree

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 […]

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Plans approved for 8,500 new homes across Harlow & Gilston Garden Town

The largest planning application ever presented to East Herts District Council Plans for six new villages set to deliver 8,500 new homes in East Hertfordshire have been given the green light. The UK’s leading social enterprise, Places for People has secured resolution to grant planning permission for its proposals for Gilston Park Estate, in the […]

Posted by: Mya Driver

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Momentum continues for UK hotel investment in 2023

Following the turbulence of 2022, which disrupted the hotel sector’s recovery from the pandemic, 2023 welcomes a more settled investment market, according to the latest research from leading global property adviser Knight Frank. There was a subdued level of investment in 2022 which saw £3 billion of UK hotel transactions, 31% below the five-year average […]

Posted by: Mya Driver

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EDC and Stoford granted approval for prime 2m sq ft Avonmouth logistics scheme

A hybrid planning consent has been granted for the development of c.2 million sq ft of new industrial, warehouse and logistics accommodation at a premier distribution location in the South West. Vancouver-based real estate development and investment firm, Epta Development Corporation (EDC) purchased the site in December 2020 and has appointed Stoford as development partner […]

Posted by: Mya Driver

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