£40m of funding for Salford development agreed Oct 31, 2022 Voltaire Financial has orchestrated a £40m loan from ICG Real Estate to finance Legacie Developments’ development in Salford. The £85m GDV Embankment Exchange scheme will consist of two towers and will consist of 303 residential apartments. It is being promoted by the international sales agent, RWinvest, which has successfully pre-sold 80% of the new homes […] Posted by: Mya Driver Read more
Grosvenor Property UK agrees to £150 million private placement Oct 31, 2022 Finalised in May 2022 and drawn down in October 2022, the new 10-year 3.23% senior notes were placed with two US institutions. The investors, both existing partners to the business, have increased their holdings from a maturing £60m private placement. Proceeds from the placement will be used for general corporate purposes, including: Ensuring the success […] Posted by: Mya Driver Read more
Huge HOP Film and Television Studio submitted for planning in Bedfordshire Oct 31, 2022 A masterplan for a new film and television studio campus in central Bedfordshire near Stewartby has been submitted for planning. The scheme redevelops a 143-acre site and former clay mineral quarry to provide over 1.75m sq ft flexible studio space together with on-site accommodation, amenities and a re-wilded water body and canal for developer VERB […] Posted by: Mya Driver Read more
Asda completes purchase of 132 Co-Op petrol forecourt sites Oct 31, 2022 Asda has today confirmed that it has completed the acquisition of 132 grocery retail sites, with attached petrol stations, from The Co-Op as part of its strategy to enter the convenience retail space and create an exciting new part of the Asda business that brings Asda value to more Asda communities. The acquisition, which was initially […] Posted by: Mya Driver Read more
Principality Building Society commits £26m to Caredig Homes Oct 27, 2022 Principality Building Society have completed a new deal for Caredig, a Swansea based Housing Association worth £26m, which will help them to deliver their ambition of building 700 new affordable homes in South Wales by 2030. Caredig (formerly known as Family Housing) manages over 2,897 high quality affordable homes, providing a range of services, with […] Posted by: Mya Driver Read more
Octopus Energy Generation funds EV charging infrastructure in the North of England Oct 27, 2022 By Be.EV Octopus Energy Generation today announces its first investment in the UK’s electric vehicle (EV) charging infrastructure, helping accelerate the country’s transition to green, electric transport. Octopus Energy Generation is earmarking up to £110m on behalf of its Sky fund (ORI SCSp) in Manchester-based EV public charging network Be.EV to scale and install new […] Posted by: Mya Driver Read more
£1.14 billion devolution deal for the East Midlands Oct 26, 2022 Derbyshire has been chosen, alongside Nottinghamshire, Derby and Nottingham, to pioneer a new East Midlands Combined Authority. The deal will see £1.14 billion come to the region over 30 years and, as one of the largest combined authorities, will have greater influence at the highest levels to deliver a better quality of life for local […] Posted by: Mya Driver Read more
LH1 Global Secure £100m Residential Development Deal at Leeds South Bank Oct 26, 2022 Leading International Property Consultants LH1 Global have brokered one of the UK’s most exciting residential development deals in the thriving City of Leeds. Occupying a prominent position on Leeds South Bank, the site was sourced by LH1 Global, on behalf of Pascoe Homes. The expansive site sits within the South Bank Regeneration Project, one of […] Posted by: Mya Driver Read more
£40m investment in MHS homes takes PIC total to £130 million Oct 26, 2022 Pension Insurance Corporation (‘PIC’), a specialist insurer of defined benefit pension funds, has made a fourth investment, of £40 million, in secured debt issued by MHS homes, a social housing provider based in Kent, building on a long-term relationship. This investment will fund the development of over 600 new properties. PIC’s first debt investment in […] Posted by: Mya Driver Read more
Plans approved for Dundee’s new £60M community campus Oct 26, 2022 Dundee councillors have approved plans for a new £60m campus on the site of St. Saviours School in the city’s east end. Plans by architects Holmes Miller for an integrated educational and community facility for the East End Community Campus will cater for almost 1900 pupils of Braeview Academy and Craigie High School and their […] Posted by: Mya Driver Read more
