UKREiiF News

Plans revealed for £200m business park in Teesside

Details have been unveiled for a £200 million business park set to be built on the south side of Teesside Airport. The first phase will see the creation of four new units along a new through road, with construction due to begin within weeks. The business park is expected to create up to 4,400 jobs when […]

Posted by: Mya Driver

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L&G buys six UK industrial estates from CBRE Investment Management

Legal & General (L&G) has acquired a portfolio of six UK industrial estates from CBRE Investment Management for an undisclosed amount. CBRE Investment Management, which sold the Porto Portfolio on behalf of a separate account client, said the 403,087sqft portfolio comprises multi-let industrial estates located in Oxford, Maidstone, Southampton, Huntingdon, Bristol and Gloucester. Richard Dean, the […]

Posted by: Mya Driver

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Cain and Fusion form £1.5bn PBSA joint venture

Cain International (‘Cain’), the privately held investment firm operating in the United States and Europe, has established a new joint venture with leading student accommodation developer, Fusion Students (‘Fusion’), to invest in Purpose Built Student Accommodation (‘PBSA’) across popular UK university cities. The joint venture partners already have assets under exclusivity in Portsmouth, Liverpool, Manchester, […]

Posted by: Mya Driver

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Town centre regeneration experts RivingtonHark join UKREiiF line-up

RivingtonHark’s Executive Director Mark Williams has been announced as a headline speaker at UKREiiF – a three-day event which will bring together thousands of delegates comprising of investors, funders and developers who are all looking for new opportunities across the UK. Williams is set to speak on a discussion about the ‘Future of Retail and […]

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Grainger and TfL partnership get green light for residential led scheme

Connected Living London (CLL) – the formal partnership between Grainger plc and Transport for London (TfL) – has been given the green light by Enfield Council to bring forward its new development by Cockfosters London Underground station, subject to conditions. The 1.36 hectare development will deliver 351 new rental homes, including 40 per cent affordable […]

Posted by: Mya Driver

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Birmingham Smethwick Corridor to create major regeneration opportunity

A plan for the regeneration of the Smethwick to Birmingham Corridor is going to cabinet for approval this week, providing a strategy for housing, transport and local heritage as the area is redeveloped. The Smethwick to Birmingham Corridor Framework promotes a co-ordinated approach to regeneration within the area encompassing Birmingham Mainline Canal, City Hospital and […]

Posted by: Mya Driver

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UK FinTech investment hits £28bn

UK fintech firms attracted a record $37.3bn (£27.6bn) of investment last year, research shows. KPMG data has revealed that there was an almost sevenfold increase in financial backing for the fintech sector during 2021, up from $5.2bn. The sector attracted 601 merger and acquisition (M&A), private equity and venture capital deals during 2021, up from […]

Posted by: Mya Driver

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Engineering consultant backs Proptech pioneer for next stage of growth

Pioneering smart city design and planning platform, VU.CITY has secured Series A investment from Ramboll. The global engineering and design consultancy joins existing shareholder Grosvenor Hill Ventures, which is the technology investment subsidiary of global real estate advisory firm Savills, and GIA Surveyors to support VU.CITY’s journey to become a global cross-market platform. Over the […]

Posted by: Mya Driver

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Rockwell and Cerberus JV acquire London waterfront side

Royal London Asset Management (RLAM), on behalf of the Royal London UK Real Estate Fund (RLUKREF), have sold Hurlingham Retail Park to a joint venture between Rockwell and Cerberus. The acquisition was completed today (7 February 2022) byRockwell, a leading London-based property developer, in partnership with Cerberus Capital Management, L.P. (“Cerberus”), a global leader in […]

Posted by: Mya Driver

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