Google to invest over £700m in UK workspace Jan 14, 2022 Google has given the UK office sector a huge boost – by backing a return to the office with a major investment into its UK work environment. The tech giant will expand its UK office capacity by 50% and “reinvigorate” their office space – with staff set to increase from 6,400 to 10,000. They will […] Posted by: Nathan Spencer Read more
Gladman submits plans for major 1,500-home community development Jan 12, 2022 Gladman Developments, alongside TATA Chemicals and INOVYN Enterprises, has submitted plans for Winnington Works – a new 1,550-home community. The scheme includes the development of: 1,550 homes 11,000 sq m of retirement and later life living space, including a residential care home Primary school Local hub with shops, healthcare, nursery etc Employment space Park and […] Posted by: Mya Driver Read more
Heaton Group set to transform former mill building to residential and business hub Jan 12, 2022 North West property developer Heaton Group has announced that they’ve taken ownership of ‘Wigan Pier’ mills – with plans to bring it back into “a world class venue”. The Grade II listed Victorian Eckersley Mills have fallen into disrepair – with Wigan Council forcing former owners to demolish the mills – however Heaton Group have […] Posted by: Mya Driver Read more
Global investment specialist Ummar Hanif joins UKREiiF movement Jan 12, 2022 UKREiiF – the UK’s Real Estate Investment and Infrastructure Forum – has today announced the appointment of Ummar Hanif who will work with the firm on a Consultancy basis. Hanif, who currently works alongside HM Government advising on large capital real estate projects to promote opportunities and attract global investment to the UK, will work […] Posted by: Mya Driver Read more
ASK lends £21.65m to BYM Capital Jan 12, 2022 Real estate funding specialist, ASK Partners – a UKREiiF attendee – has provided a £21.65 senior loan facility to UK-based investment and development firm, BYM Capital. BYM Capital, a commercial and residential investor and developer, acquired the shopping centre, known as ‘The Spires’ in July 2021. ASK’s facility is being used to refinance a short-term […] Posted by: Mya Driver Read more
South East office investment hit record £4bn in 2021 Jan 12, 2022 The South East office market saw a record £4.02 billion of investment turnover in 2021, more than double the 2020 figure of £1.93bn and 45% above the 10-yr annual average for the region. The year also witnessed a record Q4, which saw £1.54 billion of office stock traded. Overseas capital accounted for 59% of investment […] Posted by: Mya Driver Read more
Helical announces plans to convert into REIT Jan 12, 2022 Helical plc, a UK real estate investment company specialising in the redevelopment and refurbishment of highly sustainable, best-in-class London office buildings, is pleased to announce its intention to convert to a REIT with effect from 1 April 2022. As part of this process, Helical will notify Her Majesty’s Revenue & Customs of the Company’s intention […] Posted by: Mya Driver Read more
Lismore’s review highlights positive Scottish investment marketing during 2021 Jan 12, 2022 Leading independent property advisory firm, Lismore Real Estate Advisors today released its comprehensive review of the Scottish investment market for the final quarter of 2021 and predictions for 2022. Despite the ups and downs faced during 2021, the Scottish investment market has fared surprisingly well with investment volumes trading at circa £1.345bn, a 24% increase […] Posted by: Mya Driver Read more
Border to Coast commits to further £1.2bn of investments Jan 12, 2022 Border to Coast Pensions Partnership (“Border to Coast”), one of the UK’s largest public sector pension pools, has committed a further £1.2bn to private markets as it continues to deliver new investment opportunities for its 11 local government Partner Funds. The investments form part of the £2.7bn private markets programme announced in July 2021 and […] Posted by: Mya Driver Read more
Gresham House invests £164m in Borderlink Broadband Jan 11, 2022 Gresham House’s British Sustainable Infrastructure Fund (BSIF) has invested £164m (€191m) in fibre broadband provider Borderlink Broadband. Gresham House said the investment is being made via its BSIF I and BSIF II funds. Borderlink, trading as rural broadband provider GoFibre, serves residential and business customers across Scotland, Cumbria and Northumberland. BSIF’s £164m funding, together with […] Posted by: Mya Driver Read more
