HSBC and Mount Street Group appointed to service Aviva Investors’ £50bn Real Assets business Jul 11, 2022 HSBC and Mount Street Group (“Mount Street”) announce that they have entered into a ten year strategic agreement with Aviva Investors for asset servicing arrangements for its Real Assets business, totalling £50 billion AUM. The mandate will see HSBC and Mount Street assume all fund administration and debt servicing functions on behalf of Aviva Investors’ […] Posted by: Mya Driver Read more
Puma Property Finance surpasses £1bn funding mark to UK development projects Jul 11, 2022 UKREiiF exhibitor Puma Property Finance has today passed £1 billion of funding to UK developers supporting projects in the residential, commercial and specialist sectors. This milestone has been hit amidst a new record year for the real estate lending sector, with lending volumes reaching £50 billion in 2021, the highest since 2015. Puma Property Finance, […] Posted by: Mya Driver Read more
New vision for Seven Sisters Jul 7, 2022 Plans to create a new high-quality town centre in Seven Sisters moved a step closer last night after Haringey Council agreed to acquire land held by property developer Grainger The Wards Corner site has long been identified by the council as it plays a crucial role in supporting the communities of Seven Sisters, including the […] Posted by: Mya Driver Read more
Chancerygate to acquire Salford stadium site for industrial scheme Jul 6, 2022 Chancerygate is set to become the latest name to continue the major industrial development around the AJ Bell Stadium in Salford – as they’re on the verge of acquiring a 4.5-acre site. The site has been sold to the developer by CosCos – the JV partnership between Salford City Council and Peel L&P – who […] Posted by: Mya Driver Read more
Impact Healthcare REIT raised £22m ahead of acquiring six portfolios for £169m Jul 6, 2022 Impact Healthcare REIT has raised £22.3m in a placing and offer for subscription. The group said the proceeds would be used with existing resources to acquire a pipeline of care home investments. The group is in advanced negotiations to acquire six portfolios, consisting of 27 separate care homes, for a total of £169m. Existing resources include £70m of […] Posted by: Mya Driver Read more
Peel NRE gets go-ahead for UK’s first £165m plastics recycling park Jul 6, 2022 Cheshire West and Chester Council’s have given the green light for Peel NRE to develop the UK’s first plastics recycling park for Protos Place Park at Inces Marshes. The £165m scheme, near Ellesmore Port will create more than 250 jobs for the local economy and process 367,000 tonnes of plastic each year. The project also […] Posted by: Mya Driver Read more
£45bn of infrastructure projects proposed by Transport for the South East Jul 6, 2022 Ideas by Transport for the South East to transform infrastructure across the South Coast have been launched through a new document – which includes a new underground line to create a more direct route between Southampton and Portsmouth. Plans totalling around £45bn are included within the document – with a key piece being the new […] Posted by: Mya Driver Read more
Meadow Partners acquires Grade A London workspace in £26m deal Jul 6, 2022 Leading property consultancy Allsop, acting jointly alongside Anton Page, has completed on the sale of the freehold of a Grade A workspace in Aldgate, central London, on behalf of Maurice Investments for £26 million. Acquired by Meadow Partners, the price is equivalent to approximately £960 per sq ft and a net initial yield of 5%. […] Posted by: Mya Driver Read more
Harworth sells land in £39m to Barratt and David Wilson Homes Jul 6, 2022 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces two residential land parcel sales at its Waverley and Thoresby Vale developments to Barratt and David Wilson Homes, for a total consideration of £39 million. At Waverley in South Yorkshire, Harworth has competed a £29 million land sale which […] Posted by: Mya Driver Read more
Iconic power station site will continue to be key part of Warrington’s economic future Jul 5, 2022 The site of an iconic power station which helped to support Warrington’s economy over the past 50 years will continue to secure much-needed future investment for the town and wider region after a change in ownership. Natural resources and energy company Peel NRE, part of regeneration business Peel L&P, has acquired the Fiddler’s Ferry Power […] Posted by: Mya Driver Read more
