Deutsche Bank Refinances £115 Million Liverpool Build-to-Rent Development Oct 6, 2022 Real estate investment manager Apache Capital, which specialises in the living sectors, Harrison Street, an investment management firm exclusively focused on alternative real assets, and insurer NFU Mutual, have successfully refinanced Moda, The Lexington – a flagship Liverpool asset in its UK wide Build to Rent platform with developer-operator Moda Living. A £70m facility from […] Posted by: Mya Driver Read more
The Land Managers acquires office building in London’s West End for £30 mil Oct 6, 2022 The Land Managers, the real estate investment arm of the John Lim Family Office, announced on Oct 6 the acquisition of a 972-year leasehold office building, 6 Cavendish Place, in London for £30 million. “This is a landmark acquisition for us as it is our first direct acquisition in the UK,” says Andy Lim, CEO […] Posted by: Mya Driver Read more
Plans submitted for London city 21-storey City block Oct 6, 2022 Proposals have been submitted by Developer Dominvs Group to replace a five-storey 1980s office building in the City of London with a 21-storey student housing development. The scheme, designed by 3XN Architects in conjunction with executive architect TP Bennett, would mean the Chapman Taylor’s Friary Court building near Fenchurch Street Station would be demolished. The […] Posted by: Mya Driver Read more
Real estate development finance provider completes two loans totalling £14m in one week Oct 6, 2022 Specialist real estate development finance provider Maslow Capital has announced the completion of two loans totalling £14 million. The first completion, a £5 million loan that will support the development of 25 highly affordable residential units, consisting of 1 to 3 bed flats and 4 bed duplexes. The project, which is located in Mitcham, Greater London […] Posted by: Mya Driver Read more
Saxon Trust provides £3.3m finish and sell loan Oct 6, 2022 Market leading specialist finance provider, Saxon Trust, has recently completed a £3.3 million loan, introduced by Bridgedevelopment Property Finance, on its popular Finish & Sell product. Secured against a luxury development of 14 apartments in Derbyshire, drawdown was executed with the block wind and watertight but works still required to fit out several of the […] Posted by: Mya Driver Read more
St. Modwen Logistics invests £126m to build eight units across the South-West Oct 6, 2022 St. Modwen Logistics, one of the UK’s leading logistics developers and managers, will invest a further £126m to deliver highly sought-after warehouse and office space across the South-West. With the South-West recently identified as one of the fastest growing economic regions in the UK1, St. Modwen Logistics will meet customer demand by developing a total […] Posted by: Mya Driver Read more
Plans for multi-million-pound Barrow university campus given green light Oct 5, 2022 Ambitious plans to set up a multi-million-pound university campus in Barrow have taken a step forward. The scheme would see the University of Cumbria build a site off Buccleuch Dock Road in the town. It is hoped the campus can reap ‘immense social and economic benefits’ for the borough and retain and attract young people to […] Posted by: Mya Driver Read more
Planning for a new £55M Richmondshire health and care campus gets the go-ahead Oct 5, 2022 Formal planning approval has been granted for the new Catterick Integrated Care Campus, bringing construction of a brand-new health and care facility for Richmondshire a step closer. More than seven years in development, this joint venture between the National Health Service (NHS) and Ministry of Defence (MOD) will provide a range of healthcare services for […] Posted by: Mya Driver Read more
GXO receives UK regulatory clearance for £965M takeover Oct 5, 2022 GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced that it has received unconditional regulatory clearance from the U.K. Competition and Markets Authority (CMA) for its acquisition of Clipper Logistics plc (Clipper). On May 24, 2022, GXO completed its offer however both companies continued to be run independently pending completion of the […] Posted by: Mya Driver Read more
Malhotra Group forges ahead with investments in North East Oct 5, 2022 Leading North East care, leisure and property business Malhotra Group plc is forging ahead with investments after seeing revenues rise following the pandemic. The firm has published annual results for the year ended 31 March 2022, showing a 34% jump in turnover from £30.9m to £41.3m, while Ebitda rose 47% from £9.1m to £13.4m, leading […] Posted by: Mya Driver Read more
