Newcore’s social infrastructure fund invests £27m in initial four assets Mar 22, 2022 Newcore Capital Management has acquired the maiden assets for its latest value-add, social infrastructure fund. The UK social infrastructure real estate manager said it has invested £27m (€31.4m) acquired the first four assets for Newcore Strategic Situations V LP, a fund seeking to raise £300m. Newcore said it has bought three educational properties in Surbiton, Blackheath and […] Posted by: Mya Driver Read more
Art-Invest Real Estate secures planning for Canada Water Dockside Mar 22, 2022 Art-Invest Real Estate (Art-Invest) is pleased to announce that Southwark Borough Council has resolved to grant outline planning consent for the development of Canada Water Dockside, an office-led scheme in Canada Water. Canada Water Dockside, which marks Art-Invest’s largest investment in London to date, is a 4.5-acre site adjacent to British Land’s Canada Water masterplan […] Posted by: Mya Driver Read more
Octopus Real Estate funds GSE Group’s 400-unit Ashford site with £22m loan Mar 22, 2022 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has completed a £22 million loan secured on a 48-acre site with planning consent for the development of 400 new homes in Ashford, Kent. The site forms part of a wider 140-acre mixed use development, Waterbrook Park, being […] Posted by: Mya Driver Read more
Sirius Real Estate set to convert to REIT Mar 22, 2022 Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the UK, announces that it intends to convert its UK business to a UK Real Estate Investment Trust (“REIT”) from 1 April 2022. The proposed REIT conversion follows the Company’s UK acquisition […] Posted by: Mya Driver Read more
Octopus and New Care partner to develop £80m five asset care home portfolio Mar 22, 2022 On behalf of the New Care group, Knight Frank LLP has advised on a strategic funding partnership with Octopus Real Estate to finance the development of five future proof care homes valued at circa £80m. The care homes will be constructed by the McGoff Group and operated by New Care after practical completion. The fit […] Posted by: Mya Driver Read more
UKREiiF secures Invest in Nottingham as latest event partner Mar 22, 2022 The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) has secured Invest in Nottingham as their latest partner – building on the regional presence already announced by the likes of Midlands Engine, Birmingham City Council and The City of Wolverhampton Council. UKREiiF is set to bring together thousands of delegates comprising of investors, funders and […] Posted by: Mya Driver Read more
MX Underwriting to headline UKREiiF Investor Centre Mar 22, 2022 MX Underwriting, the Managing General Agent of Specialist Risk Group, has been announced as the headline partner of the UKREiiF Investor Centre. MX is an insurance business that specialises in real estate, energy and infrastructure transactions and developments in the UK and Europe. Their products provide financial indemnities in the event of a halt or […] Posted by: Mya Driver Read more
Mubadala commits further £300m to support CityFibre growth plans Mar 21, 2022 CityFibre shareholder Mubadala Investment Company has committed a further £300m in equity to support its participation in Building Digital UK’s (BDUK) ‘Project Gigabit’ rural programme. The new equity commitment, enabled by the infrastructure vertical of the UAE/UK Sovereign Investment Partnership, builds on Mubadala’s initial £500m investment into CityFibre in September 2021. The investment company has […] Posted by: Mya Driver Read more
Together provides £20m funding to Citu for low carbon city centre scheme Mar 21, 2022 A pioneering sustainable developer has secured a £20million finance package to kick-start the next phase of its low-carbon city centre residential scheme. Together, a specialist lender which has a loan book of more than £4.4billion, has agreed the facility with Citu, the innovative developer behind the regeneration of large swathes of Leeds city centre on […] Posted by: Mya Driver Read more
Warehouse REIT expands OxCam Arc footprint with £35m MLI acquisition Mar 21, 2022 Warehouse REIT, the AIM-listed company that invests in e-commerce urban and last-mile industrial warehouse assets in the UK, announces that it has exchanged contracts to acquire, via a forward funding agreement, a 170,000 sq. ft multi-let industrial development in Thame, Oxfordshire. The total commitment is £35 million. A partnership between W Lamb Ltd, Blakelands and […] Posted by: Mya Driver Read more
