UKREiiF News

Greystar secured £68.5m debt facility from Societe Generale for London scheme

Greystar, a global leader in the investment, development and management of real estate, including rental housing, logistics, and life sciences, today announces the close of a £68.5 million debt facility, arranged by Societe Generale. The brownfield site will be regenerated for Greystar’s Stratford Mill project to provide 247 apartments. 42 of these will be affordable […]

Posted by: Deividas Krupstas

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Pigeon acquires Chelmsford Grade A office asset in £7m deal

Pigeon has acquired Parkview House in Chelmsford city centre – a Grade A office building – for £7.1m. The purchase marks Pigeon’s first office acquisition following the Covid pandemic showcasing a returning confidence to the commercial property market. The building boasts an impressive roster of businesses in the financial and professional services sector. As a […]

Posted by: Deividas Krupstas

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130-bed PBSA project approved in Coventry

Sama Investment Group, a Birmingham-based developer and investor, has seen plans for 130 student beds at the edge of Coventry city centre approved by councillors.  The development, known as Charter House, will see an industrial site on Charterhouse Road transformed to deliver a new student accommodation scheme across four and six storey buildings. This is […]

Posted by: Deividas Krupstas

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Savills IM’s Simply Affordable Homes Fund Completes First Acquisition with PPHA

Savills Investment Management’s (“Savills IM”) Simply Affordable Homes fund (“the Fund”) has completed its first acquisition of 100 homes from Park Properties Housing Association (“PPHA”). This is the first step in the Fund’s mission to increase the supply of high-quality Affordable housing in the UK. The acquisition is one of a series of planned completions […]

Posted by: Deividas Krupstas

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Kerakoll Group Acquires Land for New Production and Distribution Facility in Preston

Kerakoll Group, an international leader in sustainable building materials, has acquired a 40,000-square-meter (approximately 10-acre) plot of land in Preston, Lancashire, at the APTUS development. This acquisition is a significant step in the company’s expansion strategy for the United Kingdom and Northern Europe, with plans to develop a 145,000 sq ft production and distribution facility. […]

Posted by: Deividas Krupstas

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DTZ Investors secures Edinburgh shopping asset in £18.15m deal

An Edinburgh retail asset in a prime location, housing a Waitrose and Kwik-Fit garage, has been sold for circa £18.15m to DTZ Investors. The property comprises a 33,000sq ft retail space for Waitrose and an almost 13,000sq ft Kwik-Fit garage. Euan Kelly, capital markets partner at Knight Frank Edinburgh, said: “Both Waitrose and Kwik-Fit trade […]

Posted by: Deividas Krupstas

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Newcore secures £80m HSBC refinancing deal

Newcore has secured a £40m debt facility from HSBC, comprising of £20m senior loan and £20m revolving credit, in addition to a further £40m accordion facility. The funding will help Newcore with their fifth value-add fund titled Newcore Special Situations V which closed min May with circa £190m in equity contributions. The fund is targeting […]

Posted by: Deividas Krupstas

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Driving a positive change: How and why Loop measure social value

By Loop Through this year’s UKREiiF Social Value Report 2024, we reported that the forum has created £5 million in social value since 2022. After the event we crafted a detailed report showcasing just how much of a positivity impact UKREiiF have made. Rifayat Mirza Miah, one of our economists at Loop, goes into more […]

Posted by: Mya Driver

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