MAG announces plans to deliver £440m second phase of Transformation Programme Jan 25, 2023 MAG (Manchester Airports Group) today revealed the green light for a £440m of investment in Manchester Airport, creating thousands of jobs and unlocking billions of pounds of economic value for the North over the next decade. The investment will transform the passenger experience at the UK’s third largest airport, with new spacious facilities, state-of-the-art technology […] Posted by: Mya Driver Read more
Puma Property Finance and Vita Group partner on new student accommodation scheme in the heart of Belfast with £24m deal Jan 25, 2023 Puma Property Finance (Puma) has today announced it is providing a £24m development facility for Vita Group’s latest purpose-built student accommodation (PBSA) with 269 studio rooms in Belfast City Centre. Developed and operated by Vita Student and targeting completion for incoming students during the September 2023 academic year. It is conveniently situated between the prestigious […] Posted by: Mya Driver Read more
Silbury Finance passes £500 million lending milestone with £64 million retirement living transaction Jan 25, 2023 Silbury Finance, the Oaktree Capital Management-backed development lender, has passed half a billion of committed lending in the UK Living sector in under two years, with the provision of a £64.3 million loan to a joint venture vehicle (“JV”) established by Elysian Residences and Senior Living Investment Partners, a partnership between Pension Insurance Corporation plc […] Posted by: Mya Driver Read more
New housing association Southern Housing acquires 794 homes in Surrey, Berkshire & Hampshire from L&Q Jan 24, 2023 Southern Housing has confirmed its first major asset acquisition since registering as a housing provider in December 2022 following the merger of Southern HousingGroup and Optivo. The first tranche transfer of 694 homes from L&Q, which completed today, builds on Southern Housing’s already significant presence in Surrey, England. Richard White, Executive Development Director at Southern […] Posted by: Mya Driver Read more
Henry Boot Trading Update: “Optimistic” Jan 24, 2023 Tim Roberts, Chief Executive Officer commented: “Having seen strong sales across the Group, we have had our best year ever at an underlying profit level. Reflecting a particularly challenging backdrop as the year progressed, during which a noteworthy £30m of accretive sales was achieved in a weak market, the year-end valuation movements in our investment […] Posted by: Mya Driver Read more
St. Modwen Logistics completes acquisitions in Birmingham and Manchester totalling 175,000 sq ft Jan 24, 2023 St. Modwen Logistics, one of the UK’s leading logistics developers and managers, has completed two acquisitions in Birmingham and Manchester as it continues to expand its portfolio in major cities across the country. Network Park industrial estate is situated 1.7 miles from Birmingham City centre and was constructed in the early 2000s, comprising six high-quality […] Posted by: Mya Driver Read more
Consultation begins on new solar farm in North Kesteven which could power over 180,000 homes Jan 24, 2023 Consultation has begun on plans for Springwell Solar Farm, a proposed new solar farm with battery storage located between Lincoln and Sleaford. Springwell Solar Farm would make a significant contribution to the UK’s future energy mix by providing enough clean, secure energy to power over 180,000 homes every year – the equivalent of around half […] Posted by: Mya Driver Read more
Addleshaw Goddard latest name to sign up for UKREiiF Jan 24, 2023 Global law firm Addleshaw Goddard have officially announced their involvement with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), set to take place between 16-18 May 2023, in Leeds. The partnership will see Addleshaw Goddard, which works with over 3,000 major businesses every year, brand the Registration area – where thousands of delegates from […] Posted by: Mya Driver Read more
Scots’ energy specialists ESS open in US to meet demand as a year of major international contracts brings sales and profits surge Jan 23, 2023 A transformative year in 2022 has seen Energy Specialist Solutions (ESS), a Scottish-based company which operates globally, triple its sales, nearly quadruple its pre-tax profits and open in America to take advantage of opportunities across the power generation sector. Previously focused primarily on technically complex electrical engineering, ESS has repositioned itself in an intensely competitive […] Posted by: Mya Driver Read more
Riverstone acquires 20k sq ft residence near London’s iconic King’s Road Jan 23, 2023 Riverstone has acquired its fourth site – a 142 apartment building from St William, part of the Berkeley Group – which will deliver new homes in a landscape-led sustainable neighbourhood in a highly desirable south-west London enclave on London’s King’s Road. The residence will benefit from an unrivalled position within the King’s Road Park development’s […] Posted by: Mya Driver Read more
