Lomond Group buys Leeds BTR agency Oct 12, 2022 Lomond Group has acquired a Yorkshire-based agency that specialises in buy-to-let for overseas clients. Increasing its portfolio by nearly 600 properties, Lomond now owns Leeds-based buy-to-let agency ERE Lettings. ERE Property will connect with Lomond Group and its future properties will come under the management of it’s UK group of letting agencies. Posted by: Mya Driver Read more
Clanmil raises £100m to deliver new homes Oct 12, 2022 Clanmil Housing has today announced a new £100m investment from three UK and North American investors. This is the first private placement deal for Clanmil, a housing association providing more than 5,600 high-quality social and affordable homes throughout Northern Ireland for families and older people. The investment, by Aviva Investors, iA Financial Group and Pension […] Posted by: Mya Driver Read more
First steps taken to create 149k homes in Birmingham Oct 11, 2022 The first step on the journey to shape the planning framework that will guide development and regeneration activity in Birmingham over the next 20 years is set for approval. Members of the council’s Cabinet will be asked to approve the Birmingham Local Plan Issues and Options Document for public consultation. The document sets out how, […] Posted by: Mya Driver Read more
Octopus Real Estate completes £22m loan on the development of 341 new homes in Derby city centre Oct 11, 2022 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has provided a loan in excess of £22m on the development of 341 flats in Derbyshire. The development loan – which has a 36-month term – will finance the creation of five blocks of flats; 260 one-bedroom units […] Posted by: Mya Driver Read more
OakNorth Bank acquires 50% stake in ASK Partners to deepen its support for UK housebuilders and property entrepreneurs Oct 11, 2022 OakNorth Bank – the UK bank for entrepreneurs by entrepreneurs –and ASK Partners (“ASK”), a specialist lender which has enabled over £1BN of lending through its fintech platform where institutional partners, family offices and high net worth individuals provide funding – have today announced a corporate transaction with regulatory approval whereby OakNorth Bank has purchased 50% of ASK […] Posted by: Mya Driver Read more
Anglian Water £3bn reservoir plan Oct 11, 2022 Anglian Water has confirmed today the proposed location for a new reservoir in the Cambridgeshire Fens situated north of Chatteris near the villages of Doddington and Wimblington. It follows last month’s announcement last month of a 5 sq km reservoir in Lincolnshire between the villages of Scredington and Helpringham near Sleaford. Each of the projects […] Posted by: Mya Driver Read more
Platform files application for a £500m mixed-use development in Leeds Oct 11, 2022 Leading build-to-rent (BTR)developer and operator, PLATFORM_, has submitted a planning application to Leeds City Council to create an ambitious 1.3 million sq ft mixed-use development on Sweet Street. The site is located in the South Bank regeneration area which is extending the city centre to the south. Signalling long-term investment in the region, the proposed […] Posted by: Mya Driver Read more
Spanish company Ferrovial sells Amey for £400 million to UK investment firm Buckthorn Partners LLP Oct 11, 2022 Amey works in infrastructure services and is a consulting business that employs 11,000 people and has a turnover of £1.4bn. Blackthorn, who boast Former chancellor Lord Philip Hammond as a partner at the firm, said they will “invest in Amey to strengthen and grow the business and to access new opportunities, particularly in energy transition.” […] Posted by: Mya Driver Read more
Investec closes £19.3 million loan to Edmond de Rothschild for Rugby Build to Rent development Oct 11, 2022 Investec Real Estate (“Investec”) announces that it has provided Edmond de Rothschild Real Estate Investment Management (“Edmond de Rothschild”), the real estate investment management business within the Edmond de Rothschild group, with a 39-month, £19.3 million development loan, to support its construction of a 357-unit Build to Rent (“BTR”) scheme in Rugby, Warwickshire. Offering a mix […] Posted by: Mya Driver Read more
PIC invests £55 million in Northern Ireland based Clanmil Housing Association Oct 10, 2022 Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension funds, has invested £55 million as debt in Clanmil Housing Association (‘Clanmil’). PIC’s investment will be drawn down over a two-year period, helping Clanmil reduce interest payments, allowing them to complete their planning process. This is PIC’s second investment in a Northern Ireland-based […] Posted by: Mya Driver Read more
