Industrials REIT acquires four MLI assets for £21m Apr 20, 2022 Industrials REIT, the UK multi-let industrial (“MLI”) property company, announces that it has acquired four multi-let industrial estates, in Boston, Barnsley, Leeds and Stockton on Tees, for a total consideration of £20.86 million. The purchase price reflects a blended net initial yield (“NIY”) of 5.7% and an average capital value of £80 per sq ft. […] Posted by: Mya Driver Read more
AXA IM Alts extends UK logistics footprint with £390m portfolio acquisition Apr 20, 2022 AXA IM Alts, a global leader in alternative investments with €183 billion of assets under management, announces that it has acquired a c. £391 million (c.€470 million) prime UK logistics portfolio, from a joint venture between Goldman Sachs and Canmoor. The transaction has been made on behalf of clients through AXA IM Alts’ market leading […] Posted by: Mya Driver Read more
UK “offers investors better growth prospect than continental Europe” says Aviva Investors report Apr 20, 2022 UK real assets are expected to offer investors better growth prospects relative to continental Europe, according to the latest edition of the Real Assets House View by Aviva Investors, the global asset management business of Aviva plc (‘Aviva’). The research also identifies long income and fixed-rate debt as strategies most likely to provide best risk-adjusted […] Posted by: Mya Driver Read more
Booming UK film and TV industry must double studio space within next 5 years report finds Apr 20, 2022 The UK will need an additional 6 million sq ft of film and television production space by 2026 if the sector is to keep pace with growing demand, according to the latest research from global real estate advisor Knight Frank. Knight Frank’s 2022 UK Film and TV Studio Market Report reveals that spending on UK […] Posted by: Mya Driver Read more
Creative Estuary partners with UKREiiF to drive forward creative and economic evolution across the Thames Estuary Apr 20, 2022 Creative Estuary have officially joined UKREiiF, with Emma Wilcox (Project Director) due to speak on the first day, along with chairing a roundtable discussion on ‘Culture Driven Levelling-Up – Harnessing all elements of UK’s creative potential for Inclusive Placemaking’ during the course of the three days too. Creative Estuary are driving forward both the creative and economic […] Posted by: Mya Driver Read more
Western Gateway partnership announces UKREiiF involvement Apr 19, 2022 The Western Gateway partnership is set to showcase a range of exciting opportunities to both domestic and international investors, funders and developers, as the partnership announces their involvement in the inaugural UKREiiF event taking place in Leeds between 17-19 May 2022. The Western Gateway is the UK’s first pan-regional partnership to span two countries, representing the economic […] Posted by: Mya Driver Read more
Dolphin Living welcomes new Finance Director as housing provide continues growth Apr 19, 2022 Dolphin Living, one of the UK’s most innovative and forward-thinking providers of intermediate affordable housing, has welcomed Gary Preston to the team as Finance Director. In his role he will provide strategic and financial guidance to support the growth of the organisation and provide more high-quality housing for London’s workers on modest incomes. Gary joins […] Posted by: Mya Driver Read more
Green light for 778-home scheme in Belfast Apr 19, 2022 Watkin Jones and Lacuna Developments to build scheme as part of 5,000-home regeneration project Belfast City Council has granted permission for a 778-home development as part of the 5,000-home Titanic Quarter regeneration project. The plans, by build-to-rent and student housing specialist Watkin Jones and Lacuna Developments, were approved at a meeting last Thursday. The Loft […] Posted by: Mya Driver Read more
PIC invests additional £50m in LSE to promote carbon neutrality Apr 19, 2022 Pension Insurance Corporation (PIC) has directly invested a further £50m of debt in the London School of Economics (LSE) to fund sustainable projects, including the development of the university’s first carbon neutral building. The transaction follows PIC’s previous £129m investment with LSE and DIF Capital Partners to fund the development of a 676-bed student residence in London. […] Posted by: Mya Driver Read more
Shortlist announced for the sold-out UKREiiF Awards 2022 Apr 19, 2022 The UKREiiF Awards – taking place alongside the inaugural UKREiiF event this coming May – is set to bring together over 600 leading names from across the public and private sector for an evening to celebrate the best in class within the UK’s real estate, property, investment and infrastructure sectors. And today we can announce […] Posted by: Mya Driver Read more
