Six Local Authorities Join ACCESS UK Core Fund Oct 1, 2024 The ACCESS UK Core Fund has announced the addition of six new local authorities, significantly broadening the participant base in this real estate-focused investment vehicle. Norfolk, East Sussex, Suffolk, Cambridgeshire, Isle of Wight, and Hertfordshire councils have officially joined the fund, reinforcing the trend of Local Government Pension Schemes (LGPS) pooling resources for improved efficiency […] Posted by: Deividas Krupstas Read more
Aldermore provides £13.1m loan to student property developer for new build PBSA in Dundee Oct 1, 2024 Aldermore Bank has provided a £13.1m loan for the development of a new build purpose-built student accommodation (PBSA) in Dundee. This development is a joint venture between Gylemuir Capital and Housing Growth Partnership (HGP). The property will comprise of 163 beds, with a sky deck and gym and 248 sq m of commercial space on […] Posted by: Deividas Krupstas Read more
M7 and Centerbridge launch €250m European Industrial Outdoor Storage JV Oct 1, 2024 London, 1 October2024 – M7 Real Estate (“M7”), the pan-European investor and asset manager, and Centerbridge Partners (“Centerbridge”), the global alternative investment manager, have launched a €250 million joint venture (the “JV”) targeting the Industrial Outdoor Storage (”IOS”) sector in Continental Europe. Industrial Outdoor Storage assets provide occupiers from a range of industries, such as […] Posted by: Deividas Krupstas Read more
Wimbledon’s £200 Million Expansion Receives Green Light from Greater London Authority Sep 30, 2024 The All England Lawn Tennis Club’s ambitious £200 million expansion project has officially been approved by the Greater London Authority (GLA), clearing the way for the world-renowned Wimbledon Championships to significantly grow its facilities. The expansion will see the construction of 39 new tennis courts and an 8,000-seat show court on the site of the […] Posted by: Deividas Krupstas Read more
QinetiQ Announces Sale of Cody Technology Park for £112m Sep 30, 2024 QinetiQ Group plc is pleased to announce the sale of its 407-acre freehold site at Cody Technology Park (CTP) in Farnborough. The transaction, valued at £112 million, has been signed with a fund managed by Tristan Capital Partners (TCP). Cody Technology Park, which hosts QinetiQ as its largest tenant, has been home to approximately 96 […] Posted by: Deividas Krupstas Read more
The role of social value in the future of real estate Sep 30, 2024 By Olivia Sutcliffe, Social Value Associate at Savills Developers, investors and other stakeholders are beginning to view social value in a project as an investment, not simply a cost. With the importance shifting from a nice to have to a must have within the real estate industry, the profession of social value is rapidly evolving. […] Posted by: Mya Driver Read more
Driving Diversity and Sustainability: Insights from Samer Bagaeen, Technical Director at Arcadis Sep 30, 2024 We recently reached out to long-time supporter of UKREiiF, Samer Bagaeen, Technical Director at Arcadis, and Professor of Planning at the University of Kent, to gain his insights on diversity and inclusion, as well as Arcadis’ mission to drive a sustainable future and create inclusive communities. Discover more in the comment piece below. “Hello there. […] Posted by: Mya Driver Read more
Plans approved for redevelopment of former Royal Mail site at Maidstone East Sep 30, 2024 Maidstone Borough Council (MBC) Planning Committee last night approved plans for the redevelopment of the Former Royal Mail Sorting Office site, at Maidstone East, for mixed-use development which is predominantly residential. The development will include 180 apartments, 1,863 square metres of commercial and/or community space and around one acre of open green space town centre […] Posted by: Deividas Krupstas Read more
Winvic Construction announces UKREiiF 2025 pavilion Sep 27, 2024 The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) has announced that Winvic Construction Ltd have secured a pavilion at the annual event taking place between 20th-22nd May 2025, in Leeds. Founded in 2001, Winvic Construction has established itself as a key player in the UK’s construction and ESG landscape, specialising in the design and […] Posted by: Mya Driver Read more
Morrisons Secures £331 Million Property Deal to Bolster Financial Position Sep 27, 2024 Morrisons, the UK’s fifth-largest supermarket chain, has agreed to a major property deal aimed at raising £331 million. This move is part of the company’s ongoing strategy to reduce its substantial debt burden. The deal involves the sale of ground rents on 76 of its stores, providing a significant boost to the supermarket’s efforts to […] Posted by: Deividas Krupstas Read more