Natwest provides £285m debt funding package to unlock £1bn 3,000 home delivery programme Dec 13, 2022 Natwest has secured a debt financing deal which will help Sigma Capital Grown and EQT to deliver 3,000 new homes in London. The homes, which will have a value of circa £1bn, support the JV put in place by Sigma and EQT who also have a number of acquisitions planned over the course of the […] Posted by: Mya Driver Read more
St Modwen receives permission for 200-home Birmingham scheme Dec 13, 2022 St. Modwen Homes, a leading developer of new communities and high-quality homes, has secured a resolution to grant full planning permission to build an additional 205 new homes at Longbridge on the historic MG Rover site that was once home to the MINI in Birmingham. Birmingham City Council resolved to grant full planning permission which […] Posted by: Mya Driver Read more
AXA IM Alts acquires highly sustainable student scheme in London Dec 12, 2022 AXA IM Alts, a global leader in alternative investments with c. £159 billion of assets under management, announces that it has acquired Vita Student Lewisham Exchange, a 758-bed purpose built student accommodation (“PBSA”) scheme in Lewisham, Southeast London. The acquisition, on behalf of clients, has been made from Vita Group, which has developed nearly 10,000 […] Posted by: Mya Driver Read more
Stark Group enters the UK market through acquisition of Jewson Dec 12, 2022 STARK Group A/S achieves a milestone in its growth strategy. The Group has signed an agreement to acquire Saint-Gobain Building Distribution Ltd, which operates more than 600 branches and distribution centres in the UK. The transaction comprises some of the UK’s leading brands in retail and distribution of building materials to professional craftsmen. These include […] Posted by: Mya Driver Read more
Keadby 3 Carbon Capture Power Station development consent decision announced Dec 12, 2022 The application for the Keadby 3 Carbon Capture Power Station has been granted development consent by the Secretary of State for Business, Energy and Industrial Strategy. The application involves a combined cycle gas turbine (CCGT) power station, comprising a CCGT unit with a capacity of up to 910 megawatts electrical output (gross), carbon capture and […] Posted by: Mya Driver Read more
UTB supports £15 million PBSA scheme in a South West university city Dec 8, 2022 United Trust Bank (UTB) was approached by an existing customer to support a 97-room purpose built student accommodation (PBSA) development in Exeter. United Trust Bank agreed to the proposal and is now supporting the construction of a new, £15m Purpose Built Student Accommodation (PBSA) development by ACE Student Living. The scheme in the centre of […] Posted by: Mya Driver Read more
Border to coast commits £2.2bn in second private market programme Dec 8, 2022 Border to Coast Pensions Partnership has committed £2.2bn to funds across private equity, infrastructure, private credit, and climate opportunities, delivering long-term, diversified investment opportunities for Partner Funds. Forming part of its £4bn second private markets programme, Border to Coast’s initial commitments demonstrate the significant progress made in securing attractive opportunities in the programme halfway through […] Posted by: Mya Driver Read more
Spawforths confirm their spot at UKREiiF 2023 Dec 8, 2022 Yorkshire’s largest firm of independent Planning Consultants and Masterplanners, Spawforths 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. Spawforths are an award winning and innovative multidisciplinary team of planners, master planners and architects. Since its creation in 1988, […] Posted by: Mya Driver Read more
Worcester secures £2.96m Government investment Dec 7, 2022 Worcester City Council has secured £2.96 million to invest in the city from the Government’s UK Shared Prosperity Fund. The money will be used for a wide range of initiatives in the city, including boosting Worcester’s profile as a visitor destination; support for community schemes, the arts and business; and energy efficiency. The UK Shared […] Posted by: Mya Driver Read more
First Freeports launched with £25 million seed fund each Dec 7, 2022 The United Kingdom’s first Freeports in Plymouth, Solent, and Teesside are now fully up and running after receiving final government approval. The new initiative is predicted to unleash billions of pounds’ worth of investment with a GVA uplift of £3.57bn. The United Kingdom’s first Freeports in Plymouth, Solent, and Teesside are now fully up and […] Posted by: Mya Driver Read more
