Financing of Downing Living’s multifamily development in Manchester Jan 23, 2023 Precede Capital Partners (“Precede Capital”), the real estate development lending platform, in partnership with global financial services group Nomura, today announces that it has provided a £227 million four-year whole-loan facility to Downing Living, the residential-focused division of leading property developer and operator Downing. The facility will be used to finance the construction of First […] Posted by: Mya Driver Read more
Planning granted for £25m, 98,000 sq ft grade A trade counter and urban logistics development in Nottingham Jan 23, 2023 Developer Chancerygate has been granted planning permission for 98,000 sq ft of Grade A trade counter and urban logistics space in Colwick, Nottingham. Called Colwick Gateway, the scheme will comprise 13 units ranging from 3,600 sq ft to 27,600 sq ft. The projected gross development value is around £25m. Units on the 6.35-acre site will […] Posted by: Mya Driver Read more
UK in Waterland’s sites after raising £3.5bn Jan 23, 2023 Waterland Private Equity Investments is looking to invest across the UK after the closing of its ninth institutional flagship fund, Waterland Private Equity Fund IX (“WPEF IX”) at £3 billion, alongside Waterland Partnership Fund I (“WPF I”) at £500 million. The funds closed at their respective hard caps four months after initial launch. The fundraise […] Posted by: Mya Driver Read more
Levelling Up projects in Wales awarded £208 million by UK Government Jan 23, 2023 A total of 11 projects receive grants from round two of flagship Levelling Up Fund. Cardiff Crossrail, a new engineering campus in Blaenau Gwent, and new cycle routes through Conwy Valley are just some of the transformational local projects across Wales awarded a share of £2.1 billion from the UK Government’s landmark Levelling Up Fund. […] Posted by: Mya Driver Read more
£40 million Levelling Up funding to deliver new Multiversity Jan 23, 2023 £40m funding has been confirmed to deliver new Multiversity education campus in Blackpool! Blackpool Council, supported by Wyre Council, will receive the funding to deliver a new Multiversity, a carbon-neutral, education campus in Blackpool’s Talbot Gateway Central Business District. New images show the scale of the landmark development, which will allow Blackpool and the Fylde […] Posted by: Mya Driver Read more
EverythingFM latest name to sign up for UKREiiF 2023 Jan 23, 2023 EverythingFM has confirmed their involvement in the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Facilities Management service provider, EverythingFM have secured their spot in the UKREiiF exhibition hall, where they will be able to meet and build connections with UKREiiF’s expected 6,000+ delegates, […] Posted by: Mya Driver Read more
Octopus Investments launches £30m fundraise for its Future Generations VCT Jan 20, 2023 Octopus Investments, part of Octopus Group and the largest provider of Venture Capital Trusts (VCTs) in the UK1, today announces it has opened a new £30 million fundraise for Octopus Future Generations VCT. The VCT is backing businesses that aim to address society’s biggest challenges, providing an opportunity for investors to share in the potential […] Posted by: Mya Driver Read more
British Business Bank agrees initial £175m ENABLE Guarantee with specialist commercial lender DF Capital Jan 20, 2023 The British Business Bank has agreed an initial £175 million ENABLE Guarantee with specialist commercial lending bank, DF Capital. The Guarantee will enable Manchester-based DF Capital to provide up to £225 million of additional inventory finance annually through its commercial floorplan and unit stocking solutions for UK SME dealer and manufacturing businesses. This is the […] Posted by: Mya Driver Read more
Zara and Goldsmiths sign at Southgate, Bath Jan 20, 2023 British Land and Aviva Investors have signed 37,000 sq ft of space to international retailers ZARA and Goldsmiths at SouthGate, Bath’s premium open-air shopping destination. ZARA has agreed to take a 32,000 sq ft store, which will be the brand’s first outlet in the city. Located across two floors, the store will feature an extensive […] Posted by: Mya Driver Read more
Approval given for Mixed-Use City Block in Next Phase of Hallsville Quarter Masterplan Jan 20, 2023 Developer Linkcity has been granted planning permission by the London Borough of Newham for Phase 4 of its Hallsville Quarter development masterplan in Canning Town. Phase 4 proposes a new mixed-use city block designed by architects PRP, which includes 377 purpose-built student accommodation rooms, a wide range of student amenity spaces including a first-floor garden […] Posted by: Mya Driver Read more