UK Local Government Pension Fund invests in CBRE IM’s affordable housing fund Feb 22, 2023 Tyne and Wear Pension Fund and Scottish Borders Council Pension Fund have invested in CBRE Investment Management’s UK affordable housing fund (AHF). The capital from the Local Government Pension Schemes (LGPS) brings the total equity commitments to over £500m. The housing fun now have 23 investors, including 9 LGPS. The Head of Liability Aware Strategies […] Posted by: Mya Driver Read more
Bringing the wonder back to Earls Court – The Earls Court Development Company reveals plans for transformation of 40 acre largely derelict site Feb 22, 2023 “Like a London jigsaw missing its final piece, this 40-acre site is perhaps Central London’s most significant redevelopment opportunity. The site has an illustrious past which is a continual source of inspiration for us as we look towards the future. The Earls Court Development Company (ECDC) has today unveiled a draft masterplan to deliver on […] Posted by: Mya Driver Read more
Avanton secures planning permission for £30m warehouse complex redevelopment in Battersea Feb 22, 2023 Leading London investor-developer Avanton has secured planning permission for the redevelopment of industrial complex Culvert Court in Battersea, following acquisition of the site in June 2022. As the first logistics site in their growing investment portfolio, the consented plans provide for a modern complex with a completed GDV of £30 million. Located at 105 Culvert […] Posted by: Mya Driver Read more
Secure Trust Bank and Aureum Finance Refinances Streatham Residential Portfolio with £5m Loan Feb 21, 2023 A suite of Victorian properties in Streatham, London has been refinanced and is set to benefit from a series of energy efficiency improvements following a £5m property investment loan from Secure Trust Bank (STB) Real Estate Finance. Brokered through Aureum Finance, the deal for the 14 Streatham properties was sealed thanks to STB’s ability to […] Posted by: Mya Driver Read more
Council to invest over £18 million in housing across Stirling Feb 21, 2023 Stirling Council will invest more than £18m in housing across its communities during 2023-24. Around £8m has been earmarked for delivering 75 homes, 45 of which will be new, as part of the Housing Capital Investment Programme. This will be supported by £4.2m in grant funding from the Scottish Government. A total of £1.5m will […] Posted by: Mya Driver Read more
Steenvlinder makes 20% investment in Custom Build Homes Feb 21, 2023 Steenvlinder has announced a 20% investment in Custom Build Homes (CBH), a UK-based Enabler of custom and self-build housing. The strategic investment was made to collaborate more effectively with CBH and accelerate the scaling of custom and self-build in the UK. Hans Sparreboom, CEO of Steenvlinder UK, said, “While the ambition to grow the number of […] Posted by: Mya Driver Read more
Place Capital Group confirm UKREiiF 2023 partnership Feb 21, 2023 Place Capital Group 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. Innovative place-based regeneration business, Place Capital Group work with local authorities and housing associations from across the UK to identify material development potential to deliver long-lasting transformational […] Posted by: Mya Driver Read more
Ripon army barracks to be converted into 1300 homes Feb 21, 2023 Ripon’s army barracks looks set to be converted into 1,300 homes. Homes England has been developing the plans with the Ministry of Defence. ‘Clotherholme’ will include a new primary school, sports pitches, retail, food and drink units and a 60-bed care home. The greenlight will be depend upon Harrogate Borough Council, which is soon to […] Posted by: Mya Driver Read more
930,000 Sq Ft phase 3 in for planning at Symmetry Park Biggleswade as Tritax delivers onsite sustainable power solutions and fully lets phase 2 Feb 21, 2023 On the back of considerable demand for the second phase of development at Symmetry Park Biggleswade, where all four buildings are now fully let prior to Practical Completion (PC), national logistics developer Tritax Symmetry has submitted a detailed planning application for 930,000 sq ft of highly sustainable logistics space at the scheme. The submission comes […] Posted by: Mya Driver Read more
UKCM secures significant new lettings at M25 based Ventura Park industrial estate Feb 21, 2023 UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM) announces that it has secured new leases on 116,200 sq ft of space comprising two units, B and 7, at its Ventura Park industrial estate in Radlett, Hertfordshire. The units have been taken by two new occupiers following the departure of the previous tenant on […] Posted by: Mya Driver Read more