Major peatland restoration, carbon capture and woodland create scheme announced following acquisition of Glen Dye Moor Dec 21, 2021 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), and Par Equity (‘Par’), the Scottish-based forestry investment fund manager, today announce plans to deliver a significant woodland creation and peatland restoration scheme in the North-East of Scotland that aims to capture over 1.4 million tonnes of carbon. Aviva Investors and Par have established […] Posted by: Mya Driver Read more
M7 Regional E-Warehouse REIT admitted to trading on IPSX Dec 21, 2021 IPSX has today announced that M7 Regional E-Warehouse REIT plc has been admitted to trading on the Wholesale Market of IPSX by way of an introduction. M7 Regional E-Warehouse REIT plc is a newly established, externally managed close-ended investment company. The Company is currently valued at £38,161,963. The Company pursues its investment objective by investing […] Posted by: Mya Driver Read more
Firethorn acquires logistics development site from Harworth in £12m deal Dec 21, 2021 Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, announces that is has completed the sale of a 24-acre plot at its Gateway 36 logistics site in Barnsley, Yorkshire, to Firethorn Barnsley Limited (“Firethorn”) for £11.6 million. Firethorn will develop a BREEAM ‘excellent’ rated, 340,000 ft logistics facility at […] Posted by: Mya Driver Read more
National Infrastructure Commission to open new office in Leeds Dec 20, 2021 The National Infrastructure Commission has welcomed the Chancellor’s announcement that the Commission will open a new office in Leeds by the end of 2023. The new office in Yorkshire will form the base for around 40 per cent of the Commission’s secretariat in the future, with others continuing to work from a base in London. The move […] Posted by: Mya Driver Read more
Qatar Investment Authority buys stake in Rolls-Royce Small Modular Reactor business Dec 20, 2021 Rolls-Royce Small Modular Reactor is a business that was formed in November 2021 to bring forward and deliver at scale the next generation of low cost, low carbon nuclear power technology. At that time, Rolls-Royce Group, BNF Resources UK Limited, and Exelon Generation Limited agreed to invest £195 million across a period of around three years. […] Posted by: Mya Driver Read more
Palace Capital nears completion of disposal strategy with two further sales Dec 20, 2021 Palace Capital, the Main Market property investment company that has a diversified portfolio of UK commercial real estate in carefully selected locations outside of London with a focus on the office and industrial sectors, announces that it has completed the sale of Russell House, Walton on-Thames, Surrey for £2.625 million and exchanged contracts to sell […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires Tesco in £73m deal Dec 20, 2021 UKREiiF attendee Supermarket Income REIT, the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of a Tesco supermarket in Sheffield, Yorkshire, for a purchase price of £73.2 million (excluding acquisition costs), representing a net initial yield of 4.5%. The store was developed for Tesco in 2011 and occupies a 7.0 […] Posted by: Mya Driver Read more
Target Healthcare REIT completes new acquisition – taking quarterly investment to £170m Dec 20, 2021 Target Healthcare, the UK listed specialist investor in modern, purpose-built care homes, announces that it has completed the acquisition of a major portfolio of 18 operational modern care homes. Combined with the previously noted acquisition of a pre-let development site in Weymouth, the Group’s total investment during the quarter has been £173 million including costs. […] Posted by: Mya Driver Read more
Kennedy Wilson acquires premier office campus on the South Coast in £61m deal Dec 20, 2021 Global real estate investment company Kennedy Wilson has acquired Forum, a wholly-owned institutional quality office campus for $81 million. Located on the South Coast of the UK, midway between Southampton and Portsmouth, the Forum includes 252,000 square feet of office space across five buildings on a picturesque 30-acre site with lakes, trails, and lush landscaping. […] Posted by: Mya Driver Read more
PATRIZIA invest in 281-home BtR scheme in Reading Dec 20, 2021 PATRIZIA AG, a leading partner for global real assets, has on behalf of its institutional clients invested in a turn-key build-to-rent (BTR) development in Reading for an undisclosed sum. Olivers Place is a collection of 281 high quality BTR properties comprising a mix of one, two and three-bedroom apartments. The homes have been acquired from […] Posted by: Mya Driver Read more
