Crosstree Real Estate Partners and Bloom Secure £29m Loan Oct 17, 2024 Crosstree Real Estate Partners and Bloom have secured a £29 million loan to fund the repositioning of the Fairview Business Centre, a multi-let industrial estate in Hayes, west London. This marks the first acquisition under their newly formed joint venture, which is focused on transforming industrial and logistics properties, with an emphasis on last-mile logistics. […] Posted by: Deividas Krupstas Read more
Noventa Energy acquires innovative heat from wastewater assets from Scottish Water Horizons Oct 17, 2024 Noventa Energy (Noventa), a leading provider of decarbonised heating and cooling solutions, has acquired three innovative heat from wastewater assets from Scottish Water Horizons, located in Glasgow, Stirling and Campbeltown. These assets, the first of their kind in the UK, will be partially repowered to benefit from Noventa’s proprietary, world-leading technology to reduce emissions and […] Posted by: Deividas Krupstas Read more
The Leonardo Hotel at London Heathrow Airport Goes on the Market for £30 Million Oct 17, 2024 The Leonardo Hotel at London Heathrow Airport, a premium four-star property, has been put up for sale with a guide price of £30 million. Located near one of the world’s busiest airports, this sale presents a prime investment opportunity in London’s dynamic hospitality sector. Refurbished in 2020, the hotel offers 230 en suite bedrooms, a […] Posted by: Deividas Krupstas Read more
How collaborating with charities and D&I organisations helped UKREiiF generate £5 million in social value Oct 17, 2024 It’s official, UKREiiF has generated an impressive £5 million in social value since our inaugural year in 2022. Each year, we collaborate with leading social value consultants, Loop, to produce a comprehensive report that details and quantifies the positive impact created by our event. One of the key drivers behind this impressive figure is our […] Posted by: Mya Driver Read more
Report reveals UKREiiF hits £5m social value milestone Oct 17, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has announced that £5 million in social value has been created by its events in just three years, with the findings detailed in a report by economists at social value organisation Loop. Intended to connect people, places and businesses to accelerate and unlock sustainable, inclusive, and […] Posted by: Mya Driver Read more
Last Energy unveils £300m micro-modular nuclear power plant scheme in Wales Oct 16, 2024 Last Energy, a pioneering US-based start-up, has unveiled plans to develop a series of micro-modular nuclear power plants in South Wales, representing a substantial investment in the UK’s nuclear energy sector. The £300 million ($366 million) project will see the construction of four 20 MWe micro-modular nuclear units, delivering a total capacity of 80 MWe, […] Posted by: Deividas Krupstas Read more
Whitbread Sells 51 Restaurants for £56 Million Oct 16, 2024 Whitbread, the parent company of Premier Inn, has completed the sale of 51 restaurants for a total of £56 million. This move is a critical part of Whitbread’s broader cost-cutting and restructuring strategy aimed at streamlining its operations and focusing on more profitable ventures, particularly its Premier Inn hotel brand. Earlier this year, Whitbread announced […] Posted by: Deividas Krupstas Read more
Planning consent secured by Legal & General for £750m hyperscale data centre Oct 16, 2024 Legal & General (‘L&G’), specialist digital infrastructure investment firm Goldacre, and data centre development partner sineQN, announce planning has been approved for a £750m sustainable, urban hyperscale data centre investment located in the London Borough of Newham. The development is expected to contribute £88m to Newham’s GVA (gross value added), creating over a thousand skilled […] Posted by: Deividas Krupstas Read more
Citra Living Acquires 821 Homes from Gatehouse Living Group Oct 16, 2024 Citra Living, a subsidiary of Lloyds Banking Group, has completed the acquisition of 821 rental homes from Gatehouse Living Group. The property deal, finalised on October 16, 2024, includes homes across Greater Manchester, Merseyside, and the West Midlands, spread over nine schemes that were originally completed in 2018. This acquisition marks a significant expansion of […] Posted by: Deividas Krupstas Read more
University of Warwick invests £700m in West Midlands campus Oct 16, 2024 The University of Warwick has unveiled a £700m investment in its West Midlands campus as part of its ambitious Connect Programme. This is the largest single investment in campus facilities across its entire 60-year history. The unprecedented investment will focus on the Social Sciences and STEM (science, technology, engineering and mathematics) and will facilitate an expansion in interdisciplinary education […] Posted by: Deividas Krupstas Read more