UKREiiF News

Blackpool Pride of Place Partnership calls on Government to further its mission to ‘Level Up’ Blackpool’s economy by £1bn

The Blackpool Pride of Place Partnership has today released the latest edition of its Blackpool Town Prospectus aimed at responding to the current and future needs of the local community, and building on the Government’s levelling-up agenda. The Prospectus, titled “An Agenda For Action 2030” is a long-term strategic vision for Blackpool, positioning the area […]

Posted by: Mya Driver

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Alternative Income REIT acquires Slough showroom in £5m deal

The Board of Directors of Alternative Income REIT PLC (ticker: AIRE), the owner of a diversified portfolio of UK commercial property assets predominantly let on long leases with inflation-linked rent reviews, is pleased to announce that the Company has completed the acquisition of the Volvo car showroom in a prime location on the A4  Bath […]

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Federated Hermes swoops for Nottingham retail site

Federated Hermes has acquired a 85,387 sq ft retail site in Nottingham city centre in a £21.65m deal. The 1.4-acre site previously belonged to Abrdn. The deal was completed through Knight Frank and Jackson Criss. The property, which lets to occupiers such as Tesco, Primark, Greggs and Tui, is situated at 4-13 Long Row and […]

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Bentley reveals £2.5bn investment plan as firm moves towards EV’s

Bentley’s first-ever Battery-Powered Electric Vehicle (BEV) will be developed and built in the UK with the company committing to investing £2.5 billion in sustainability over the next ten years. The announcement is a major boost for the UK economy and also helps secure Bentley’s first step into electrification at the production plant, where all Bentley […]

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£1.6bn investment strategy across Northern Ireland unveiled

A long-awaited new investment strategy for Northern Ireland will inject around £1.6bn a year in key infrastructure for the region, it’s been revealed. First Minister Paul Givan and Deputy First Minister Michelle O’Neill have published the Executive’s new draft Investment Strategy for Northern Ireland. The plans sets out a funding and planning model for investment […]

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PIC invests £130m into Wirral Waters scheme

Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, has completed a £130 million investment in Wirral Waters One (“WWO”), the cornerstone residential scheme for the broader development of Peel L&P’s Wirral Waters, a 500-acre brownfield site and former dockland. Regeneration specialists Peel L&P has launched a 30-year strategy which will […]

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UK healthcare market shows resilience as sector recovers from the pandemic

The UK healthcare property market showed resilience against the impacts of the pandemic, with operators reporting recovering occupancy levels and stronger than expected margins, according to global property adviser Knight Frank. Knight Frank’s latest UK Healthcare Property Market Overview shows that occupancy rates in the elderly care market were down 9.7% year-on-year in 2021, averaging […]

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Lord McLoughlin confirmed as Chair of Transport for the North

The North’s political and business leaders have approved the appointment of Lord Patrick McLoughlin as the next Chair of the Transport for the North Partnership Board and Board. Lord McLoughlin has had an extensive career in UK politics for more than 30 years, serving as the Member of Parliament for Derbyshire Dales between 1986 and […]

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