PATRIZIA launches £75m fundraise for ESG-linked capex projects in flagship UK open-ended Core fund Mar 23, 2022 PATRIZIA, a leading partner for global real assets, has gone to market to raise up to GBP 75 million from new and existing investors on behalf of its flagship UK Core balanced fund, PATRIZIA Hanover Property Unit Trust (“Hanover” or the “Fund”). The capital will finance a capex programme delivering significant ESG-related improvements across the […] Posted by: Mya Driver Read more
Moorfield and Stor-Age acquire UK self storage portfolio Mar 23, 2022 UKREiiF attendee Moorfield Group, a UK-focused real estate fund manager (“Moorfield”), announces that is has acquired a 302,000 sq ft self storage portfolio. The acquisition was made behalf on behalf of its Moorfield Real Estate Fund V (“MREF V”) and through its joint venture with Stor-Age (the “JV”), the South African self storage Real Estate […] Posted by: Mya Driver Read more
Hearthstone Investments: Acquisition of 70 new homes in Fareham, Hampshire Mar 23, 2022 Hearthstone Investments, a specialist in suburban private rented housing exchanged contracts for 70 new homes on a development near Fareham, Hampshire. The transaction with a national housebuilder comprises 64 houses and a small apartment block. The site is part of a new master planned community of 3,500 homes off the M27 between Southampton and Portsmouth. […] Posted by: Mya Driver Read more
Scottish Cities Alliance form partnership ahead of inaugural UKREiiF event Mar 23, 2022 Scottish Cities Alliance, representing seven Scottish cities, have formed a partnership with event organisers Built Environment Networking ahead of the inaugural UKREiiF event taking place in Leeds between 17-19 May 2022. The Alliance is a unique collaboration of Aberdeen, Dundee, Edinburgh, Glasgow, Inverness, Perth and Stirling, in addition to the Scottish Government, working together to […] Posted by: Mya Driver Read more
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
