Greater Manchester and Liverpool regional leaders unite to champion Levelling Up opportunities at UKREiiF Feb 16, 2022 UKREiiF is a new annual event that will connect people, places and businesses in order to accelerate the levelling up agenda and unlock sustainable, inclusive and transformational investment Conference speakers include a host of senior figures from national and local government, as well as leading developers and investors Awards to celebrate pioneers in the ESG […] Posted by: Nathan Spencer Read more
Largest ever real estate deal at £17.5bn sees Blackstone recapitalise Mileway Feb 15, 2022 Blackstone (NYSE: BX), announced that existing investors in Mileway, its 14.7 million square meter pan-European last mile logistics company, have agreed to recapitalise the company for €21 billion alongside Blackstone’s Core+ strategy, and to hold the business for the long term. The recapitalisation remains subject to a “go-shop” process which will commence immediately. Over the […] Posted by: Mya Driver Read more
Virgin Media O2 commits to £10bn investment into digital infrastructure Feb 15, 2022 Virgin Media O2 has revealed that its 5G network has now hit two thirds of the capital, giving London the largest 5G footprint within the group. The telecoms giant has committed to investing at least £10bn in the UK, and has delivered 5G to more than 2,000 sites across the country last year. It has […] Posted by: Mya Driver Read more
Cassidy Group bring forward latest PBSA project Feb 15, 2022 New plans have emerged from developer Cassidy for a new student accommodation scheme in the Lenton area of Nottingham. The development, designed by Maber, would sit close to the University of Nottingham’s Jubilee Campus at 2a Triumph Road. The site currently include a terrace of single storey retail units which front onto Triumph Road, occupied […] Posted by: Mya Driver Read more
IM Properties reveals 140-acre business park development plans Feb 15, 2022 A business park developer has revealed that it wants to build on a 140 acre greenfield site in the west Leicestershire. IM Properties wants to build on land north of the village of Groby, next to the junction of the A50 and A46. The same developer is currently building a 3 million sq ft global parts […] Posted by: Mya Driver Read more
Empiric Student Property acquires Bristol PBSA asset in Bristol for £19m Feb 15, 2022 Empiric Student Property plc (ticker: ESP), the owner and operator of premium student accommodation across the UK, is pleased to announce that it has acquired the freehold of a new 92-bed purpose-built studio asset in a prime location in Bristol city centre from McLaren Property for £19.0 million. The purchase price is being funded from […] Posted by: Mya Driver Read more
Plans for game-changing science innovation and research centre on the Isle of Man Feb 15, 2022 Leading regeneration and clean energy specialist Peel NRE, has announced ambitious proposals for a science innovation and research centre (SIRC), sustainable energy park and medicinal cannabis facility on land at Cooil Road, Braddan, Isle of Man. The proposals which follow a recent change in the legislation of cannabis production and exportation on the Isle of […] Posted by: Mya Driver Read more
Two ‘Green Freeports’ set to be created in Scotland Feb 14, 2022 The Scottish and UK governments have agreed to establish two green freeports in Scotland. The special economic zones, offering tax breaks and lower business tariffs, are being promoted by the UK government as part of its “levelling-up” agenda. The deal comes as Prime Minister Boris Johnson visits Scotland on Monday. A bidding process will begin […] Posted by: Mya Driver Read more
PIC makes first social housing investment in Northern Ireland Feb 14, 2022 Pension Insurance Corporation has made its first social housing investment in Northern Ireland via Apex Housing Association. The specialist insurer of defined benefit pension funds said it has made a £100m (€116m) debt investment with Apex to help the housing association develop 1500 new homes as well as to refinance existing debt. Apex – the third-largest […] Posted by: Mya Driver Read more
Harris family and Kings Park Capital acquire The Inn Collection Group Feb 14, 2022 Leading pubs with rooms operator The Inn Collection Group has been acquired by a new company backed by The Harris Family Trusts together with Kings Park Capital. Alchemy initially invested in ICG in 2018 when it comprised seven sites in the North East of England. Since then, Alchemy has proactively supported ICG Group Managing Director […] Posted by: Mya Driver Read more
