MFS secures £200m funding line from institutional investor Nov 4, 2022 Market Financial Solutions (MFS) has secured £200 million of additional institutional funding, which increases a currently deployed funding line and allows the business to expand its lending activities across both the bridging and buy-to-let (BTL) markets. This is in addition to the numerous funding lines that the specialist lender has secured in 2022. These add significant capacity and funding […] Posted by: Mya Driver Read more
Silbury Finance facilitates £22m for Hove residential development Nov 4, 2022 The Oaktree Capital Management-backed lender agreed the 17-month facility at 70% LTGDV. It will support Stonegate’s transformation of a vacant office block into 100 residential flats arranged over seven floors. The scheme will include a mix of one-and-two-bed apartments and penthouses with panoramic views across Brighton and the coastline. Some 25% of the homes are […] Posted by: Mya Driver Read more
Packaged Living and USAA Real Estate form JV to develop UK Build to Rent portfolio Nov 4, 2022 Packaged Living, the specialist UK Build to Rent (“BtR”) investor, developer and operator has announced today that it has entered into a new joint venture (“JV”) with USAA Real Estate (“USAARE”), the global asset manager with deep experience in rental housing development and asset management, to develop a portfolio of multifamily BtR assets across the […] Posted by: Mya Driver Read more
Legal & General invests £70m in Saxon Weald with sustainability-linked private placement Nov 4, 2022 Marking its eighth ESG-linked deal in the corporate debt space to date, LGIM Real Assets (Legal & General) provides Saxon Weald with sustainability-linked long-term financing to deliver new, energy efficient homes. LGIM Real Assets (Legal & General), on behalf of its Corporate Debt team, announces today that it has provided Saxon Weald £70m of sustainability-linked […] Posted by: Mya Driver Read more
Plans for 714 new apartments gets the green light Nov 4, 2022 A major development for the centre of Harlow has been given the go-ahead by the Development Control Committee at Harlow Council, who resolved to grant planning permission subject to a Section 106 agreement. Overall, the Harlow Quarter scheme, by Strawberry Star, will create 741 new apartments, along with flexible ground floor retail space to attract […] Posted by: Mya Driver Read more
Gravesham community investment programme to deliver regeneration and new homes Nov 3, 2022 Award-winning housebuilder The Hill Group and Gravesham Borough Council have announced a strategic joint venture partnership to bring long-term investment and create new homes and amenities for the local community. The Gravesham Community Investment Partnership will support the council in achieving its new build programme to deliver hundreds of affordable homes across the borough. Schemes […] Posted by: Mya Driver Read more
M7 and D.E. Shaw Group JV acquires 15 UK value add industrial, retail warehouse and office investments Nov 3, 2022 M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has acquired 15 industrial, retail warehouse and office assets in the UK, via 11 separate transactions, on behalf of a joint venture targeting value-add UK real estate with a fund managed by global investment and technology development firm the […] Posted by: Mya Driver Read more
UKREiiF achieves ISO20121 Event Sustainability Management Accreditation an inaugural event Nov 3, 2022 Built Environment Networking, the organisers behind The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), has official been given ISO20121 Event Sustainability Management Accreditation – following an onsite audit at the inaugural UKREiiF event in May. The accreditation looks to mitigate the impact events have on resources, society and the environment – whilst also relieving […] Posted by: Nathan Spencer Read more
Bloom secures planning consent for Greenwich ultra-urban warehouse development Nov 2, 2022 Bloom, the ultra-urban industrial investor and developer, has secured planning consent for a sustainable 35,845 sq ft development in London’s Greenwich. The development is located on a one-acre site at the junction of Peterboat Close and Tunnel Avenue by the Blackwall Tunnel. It is the third to be carried out by Bloom for its £250 […] Posted by: Mya Driver Read more
Savills announces biggest November auction catalogue for five years with over 200 lots Nov 2, 2022 Three sales will be held in quick succession before the end of the year, with two November dates (8 and 24) for those looking to buy or sell before the year end. The final auction of 2022 will take place on 14 December. The catalogue features over 200 lots across London and the country includinga […] Posted by: Mya Driver Read more
