Newcastle: A city of longevity Mar 28, 2022 2.1 billion people are projected to be over 60 by 2030, and nearly 70% of the world’s population live in cities – there are huge global growth and investment opportunities arising from longevity economies, encompassing all sectors as powerful engines for economic recovery and growth – including sustainable living and work places, education, care, sport, […] Posted by: Mya Driver Read more
Global tech firm invest in £350m transformational project that will bring a world stage to the North East Mar 28, 2022 North East born tech firm, Sage, who are global leaders in accounting, financial, HR and payroll technology for small and mid-sized businesses, have recently invested £10m into a community-focused, international venue for world class business and entertainment. As official naming partners this reinforces their commitment to the region as they look to support businesses by […] Posted by: Mya Driver Read more
Shell to invest £25bn into green energy Mar 28, 2022 Shell has outlined plans for up to £25 billion of investment in the UK over the next decade, mainly aimed at low-carbon and renewable products and services. The Anglo-Dutch oil and gas group on Friday said it intends to spend between GBP 20 billion and GBP 25 billion on the UK energy system over the […] Posted by: Mya Driver Read more
Pantheon Infrastructure invests £40m in UK energy network Mar 28, 2022 Pantheon Infrastructure (PINT), a listed global infrastructure fund, has agreed to invest approximately GBP40 million alongside a Macquarie Asset Management-led consortium, which has agreed to acquire a 60 per cent stake in the UK gas transmission and metering business of National Grid. The business owns and operates the UK’s regulated national gas transmission system and […] Posted by: Mya Driver Read more
Aviva Investors and Obayashi JV acquires stake in London mixed-use scheme Mar 28, 2022 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces that it has completed a joint investment with Obayashi Corporation (‘Obayashi’), one of Japan’s leading construction groups, to acquire the remaining 50 per cent share in 20 Gracechurch Street, London EC3. The deal brings both the freehold and leasehold for the 16-storey property […] Posted by: Mya Driver Read more
UK industrial rental growth to continue to outpace other sectors Mar 28, 2022 Rental growth in the UK industrial & logistics sector is set to continue to outpace both the office and retail sectors over the next five years, according to the latest research from global real estate advisor Knight Frank. Knight Frank’s 2022 UK Logistics Market Outlook Report reveals that industrial rents are expected to rise an […] Posted by: Mya Driver Read more
AXA IM Alts and Crédit Agricole Assurances invest £3bn to acquire 50% of Hornsea 2 Offshore Wind Farm Mar 28, 2022 Ørsted has signed an agreement to divest a 50 % ownership stake in its 1.3 GW Hornsea 2 Offshore Wind Farm in the UK to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances. Hornsea 2 is currently under construction and will become the world’s largest offshore wind farm once commissioned […] Posted by: Mya Driver Read more
Oxford and M7 acquire seven asset portfolio for £203m from M&G Mar 28, 2022 Oxford Properties Group (“Oxford”), a global real estate investor, asset manager and business builder, has acquired a portfolio of seven UK logistics assets from M&G UK Property LP (“M&G”) for £202.5 million. The opportunity was sourced and secured through its portfolio company, M7 Real Estate (“M7”), which Oxford acquired in September 2021 to help accelerate […] Posted by: Mya Driver Read more
Madison International Realty invests in the UK’s largest net zero office development Mar 28, 2022 Madison International Realty, a leading real estate private equity firm, has invested in the development of 105 Victoria Street, in Victoria, London, alongside WELPUT, the specialist central London office fund managed by BentallGreenOak (“BGO“). The 500,000 sq ft building, which is due to be completed in 2026, will comprise 13 storeys of high quality office […] Posted by: Mya Driver Read more
Investec provides £11 million loan for Southwest London mixed-use development Mar 28, 2022 Investec Real Estate announces that it has provided Style & Space, the London focused residential property developer, with a £10.85 million facility, to fund the development of a mixed use residential and commercial scheme, in Earlsfield, Southwest London. The development, due to complete in December 2022, will comprise 17 high quality residential apartments for sale, […] Posted by: Mya Driver Read more
