Greystar secured £600m debt facility from quartet of lenders Oct 8, 2024 Greystar, a global leader in the investment, development, and management of high-quality rental housing, today announces the close of a circa £600 million debt facility, secured through a consortium of four lenders: Standard Chartered Bank (SCB), First Abu Dhabi Bank (FAB), Oversea-Chinese Banking Corporation (OCBC), and Emirates NBD (ENBD) for the Bermondsey Project, a transformative […] Posted by: Mya Driver Read more
Liverpool City Region and Homes England invest £51 million in Birkenhead regeneration project Oct 8, 2024 Plans to kick-start the regeneration of a former gasworks in Birkenhead has moved a step closer thanks to funding approval from Homes England and the Liverpool City Region Combined Authority. Hind Street Urban Garden Village, a major transformation project on the Wirral, will see derelict land around Hind Street turned into a new community of […] Posted by: Deividas Krupstas Read more
Border to coast launches £1.2bn UK real estate fund Oct 8, 2024 Border to Coast Pensions Partnership, (Border to Coast), the largest LGPS pool in the UK, today announces the launch of a direct UK real estate investment proposition, working with its LGPS Partner Funds to unlock access to new investment opportunities in the sector. Three Partner Funds – Tyne and Wear Pension Fund, Cumbria Pension Fund, […] Posted by: Deividas Krupstas Read more
Harworth acquires 285,000 sq. ft. newly developed Grade A urban logistics scheme in South Yorkshire for £43.7 million Oct 8, 2024 Harworth, a leading regenerator of land and property for sustainable development and investment, has completed the acquisition of Catalyst, a 285,000 sq. ft., Grade A, urban logistics estate in Rotherham, South Yorkshire. The £43.7 million purchase price reflects a net initial yield of 5.4%. The asset, completed in 2023, is strategically located adjacent to the […] Posted by: Deividas Krupstas Read more
Improved East Midlands infrastructure would “deliver 3,000 job boost” says Midlands Connect Oct 8, 2024 New analysis by Midlands Connect has shown that if the rail link is constructed between Coventry, Leicester & Nottingham 3,000 roles will be created during the lifetime of the construction and in the supply chain. This peaks in 2031 at around 850 and averages at around 400 every year. The majority of the roles predicted […] Posted by: Deividas Krupstas Read more
PATRIZIA secures strategic repositioning mandate for iconic Pinners Hall in the City of London Oct 7, 2024 PATRIZIA has been appointed by Far East Organization – Singapore’s largest private property developer – to partner and spearhead the repositioning of an iconic office building in the City of London. PATRIZIA, a leading partner for global real assets, has been appointed by Far East Organization – Singapore’s largest private property developer – to partner […] Posted by: Deividas Krupstas Read more
Assura Healthcare Reports Strong Strategic Progress in Latest Trading Update Oct 7, 2024 Assura Healthcare has today reported significant progress across its strategic objectives in a trading update that reinforces its position as a leading healthcare real estate investor, with a focus on sustainable growth and portfolio expansion. The company has successfully completed the acquisition of a portfolio of 14 private hospitals for £500 million. This acquisition provides […] Posted by: Deividas Krupstas Read more
Barratt Developments and Redrow Complete £2.5 Billion Merger Oct 7, 2024 Barratt Developments and Redrow have today announced the successful completion of their £2.5 billion merger, following final approval from the UK’s Competition and Markets Authority (CMA). This strategic union creates a new leading force in the UK housing market, with the combined entity to be known as Barratt Redrow. The merger, which has been in […] Posted by: Deividas Krupstas Read more
Fairway Capital granted planning permission for £50m residential and office scheme Oct 7, 2024 Leading fund manager Fairway Capital has been granted planning permission by the City of Westminster for a landmark £50 million (GDV) residential-led scheme in Eaton Mews West in Belgravia providing 426 sq.m. (4,585 sq.ft.) of new office space and the first complete terrace of new mews houses to be built in Belgravia since the 1950s, […] Posted by: Deividas Krupstas Read more
Aldermore provides £13.1m loan to student property developer for new build PBSA in Dundee Oct 4, 2024 Aldermore Bank has provided a £13.1m loan for the development of a new build purpose-built student accommodation (PBSA) in Dundee. This development is a joint venture between Gylemuir Capital and Housing Growth Partnership (HGP). The property will comprise of 163 beds, with a sky deck and gym and 248 sq m of commercial space on […] Posted by: Deividas Krupstas Read more
