Weston homes announces £500m land acquisition drive in order to further expand £2.13bn pipeline portfolio of over 7,500 new homes Nov 14, 2022 Weston Homes, the leading volume housebuilder, has announced plans to invest up to £500 million in strategic land acquisitions over the coming five years, buying new homes sites across outer London and the South East in order to further expand the company’s existing £2.13 billion portfolio of pipeline developments, which will deliver over 7,500 new […] Posted by: Mya Driver Read more
Webster Family, owners of the Seventy Ninth Group, launches £100m Private Equity Fund Nov 11, 2022 The Seventy Ninth Private Equity Fund, which is an Experienced Investor Fund specialises in the purchase and redevelopment of distressed assets, across a variety of sectors within the UK property market and will enable experienced investors from around the world to have hands-off access to lucrative UK property investments. It is the first investment option […] Posted by: Mya Driver Read more
Waypark Capital completes on £15.4 million of loans for UK offices Nov 11, 2022 Waypark Capital, the recently launched commercial real estate lending platform, has completed on over £15 million of loans, in two separate transactions involving office properties in the UK. In one transaction, the London-based lender provided a £10.2 million, 70% LTV facility, to finance a portfolio of two high-quality office investments for a total of 71,500 […] Posted by: Mya Driver Read more
Major agricultural investment opportunity as Cheffins launches Chrishall Grange Farm Nov 11, 2022 Consisting of over 1,000 acres of arable and pastureland, woodland, extensive farm buildings and two cottages, Chrishall Grange Farm is one of the largest agricultural investments to have hit the market in East Anglia in the past year. On the market with Cheffins, the farm is being sold on behalf of the Frank Litchfield Charitable […] Posted by: Mya Driver Read more
Vistry makes it official with Countryside Partnerships Nov 11, 2022 Vistry Group is delighted to announce that, following shareholder approval, its proposed combination with Countryside Partnerships has now completed. At a time when the UK is facing into a housing crisis that requires the delivery of 300,000 new homes a year according to the Government, the combination that completed today (November 11th) of two leading […] Posted by: Mya Driver Read more
Funding 365 completes £6.5m development exit bridging loan Nov 11, 2022 Funding 365 has completed a £6.5 million bridging loan at 70% LTV to refinance two apartment blocks in Maidenhead. The 9 month loan, introduced by West Rock Capital, enables the developer borrower to exit their development funding and complete the sale of multiple units. Funding 365 took security over 33 apartments across the two blocks, […] Posted by: Mya Driver Read more
PIC and Octopus Real Estate to build £115m retirement community in St Albans Nov 11, 2022 Senior Living Investment Partners, a partnership between Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension schemes, and specialist real estate lender and investor Octopus Real Estate (“Octopus”), today announces its first retirement community investment via a joint venture with Elysian Residences. The joint venture has acquired a nine-acre site with planning […] Posted by: Mya Driver Read more
Levelling up investment unlocks £300 million Blackpool regeneration Nov 11, 2022 A significant regeneration project that will deliver new leisure facilities, create jobs, boost tourism, and help level up Blackpool has been announced by Michael Gove today (11 November 2022) in his first major intervention since being reappointed as Secretary of State for Levelling Up. The ambitious Blackpool Central project had stalled because there was no […] Posted by: Mya Driver Read more
Savills says UK is now ‘compelling for US Dollar denominated investors’ Nov 10, 2022 Research by Savills World Research, using Real Capital Analytics, has stated that while it is unclear if the current economic climate in the UK has been the sole reason for a surge in investment by US and other foreign countries, there has been a flurry of activity from abroad. Rasheed Hassan, head of global cross-border […] Posted by: Mya Driver Read more
£700m life sciences scheme in Oxford out to consultation Nov 10, 2022 Oxford North Ventures, the joint venture company of Thomas White Oxford, the development company of St John’s College, Cadillac Fairview and Stanhope, has launched a four-week public consultation on enhancements to phase 1a and new designs for phase 2 to deliver Oxford North, the new £700 million innovation district in Oxford, UK. Following the grant […] Posted by: Mya Driver Read more
