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
Inland Homes JV disposes of Cheshunt Lakeside scheme for £56m Mar 21, 2022 Inland Homes plc, the brownfield developer, housebuilder and regeneration specialist focused on the South and South East of England, today announces the sale, via its joint venture, Cheshunt Lakeside Developments Limited (“CLDL”), of Phase 1B at Cheshunt Lakeside, Cheshunt. The Group is also pleased to announce that is has received a resolution to grant planning permission […] Posted by: Mya Driver Read more
Investec backs London student accommodation sector with £35 million Tribe loan Mar 21, 2022 Investec Real Estate announces that it has provided Tribe, the London and Southeast-focused student housing developer, with a £35 million facility, to fund the construction of a purpose-built student accommodation (“PBSA”) development in South Bermondsey, London. It represents Tribe’s first ground up student development project, in a sector which saw investment volumes return close to […] Posted by: Mya Driver Read more
Canada Israel & Avanton submit planning for £250M resi-led development in Wembley Mar 14, 2022 Canada Israel and Avanton have submitted a planning application to the London Borough of Brent for the regeneration of the 2.5 acre (1.26 hectare) Wembley Point site on Harrow Road to create a residential-led development known as Stonebridge Place with a GDV value of up to £250 million providing 515 new homes of mixed tenure, […] Posted by: Mya Driver Read more
Nuveen Real Estate acquires 5 logistics assets in £125m deal Mar 10, 2022 UKREiiF attendee Nuveen Real Estate, one of the largest investment managers globally, has acquired five logistics assets across Norway, Germany, Spain and the United Kingdom. The acquisitions represent an overall investment of close to €150 million with the total gross area spanning 89,271 sqm (960,905 sq ft). All but one of the assets acquired are […] Posted by: Mya Driver Read more
Central London resi market hits 5-year high Mar 10, 2022 Planning applications and permissions for Prime Central London (PCL) residential property in 2021 reached the highest level since 2016, according to new research from Global real estate advisor, CBRE. A total of 1,675 applications and permissions were submitted for PCL in 2021. This represents an increase of 140% when compared with 2020 which saw 698 […] Posted by: Mya Driver Read more
Ontario Teachers’ Pension Plan enters JV to help deliver £700m Oxford innovation district Mar 10, 2022 Thomas White Oxford Ltd, the development company of St John’s College, has agreed a 50:50 joint venture partnership with Canadian-based Cadillac Fairview, the real estate arm of Ontario Teachers’ Pension Plan, with developer Stanhope PLC, to deliver Oxford North, Oxford, UK, the £700 million new global innovation district. A new company, Oxford North Ventures LLP, […] Posted by: Mya Driver Read more
