Conygar set to acquire 15-acre Bristol site Dec 9, 2021 The Conygar Investment Company PLC has announced today that it has entered into a non-binding exclusivity agreement with Wholesale Fruit Centre (Bristol) Limited regarding the potential acquisition of a 14.7 acres development at the Bristol Fruitmarket Site in the St Philips Marsh area of Bristol, one mile to the east of Bristol Temple Meads. The initial […] Posted by: Mya Driver Read more
Hill Group completed £220m group portfolio refinance Dec 9, 2021 The Hill Group, the UK’s second-largest privately-owned housebuilder has completed the full refinancing of their group portfolio in the first major sustainability-linked loan (SLL) valued at £220m, maturing in 2026. As the group’s main source of debt funding for the delivery of its private development pipeline, this revolving credit facility was last renewed in December […] Posted by: Mya Driver Read more
Urban Group gets green light for 300-bed PBSA project Dec 9, 2021 Planning permission has been granted for a major new student accommodation scheme in Nottingham’s Southside Regeneration Area, on Traffic Street, that will offer a total of 297 bedrooms. The site is currently occupied by a parking area and two industrial units that will be demolished to make way for the development. Planning Permission was secured […] Posted by: Mya Driver Read more
NFU Mutual acquires North West warehouse from Aprirose Dec 9, 2021 Aprirose, the real estate investment company, has sold the 127,000 sq ft warehouse at Haydock Industrial Estate, on the M6 between Liverpool and Manchester, it acquired earlier this year. Having agreed the forward purchase of the new prime Grade A unit, on which logistics operator Law Distribution have signed a 15-year lease, Aprirose has taken the opportunity to […] Posted by: Mya Driver Read more
Property developer looks to expand residential offering and acquire new sites Dec 8, 2021 UK based property developer Life Less Ordinary are looking to expand their development portfolio by acquiring a series of new build development opportunities in key areas across London. The developer, who have designed and developed over 350 new homes via converting empty office buildings into attractive residential developments are looking to deliver more much needed housing in […] Posted by: Mya Driver Read more
Investors pour £2.2bn into Central London offices since end of Q3 Dec 8, 2021 Investment flows into the Central London office market has hit £2.2bn since the beginning of October, according to the latest research from Knight Frank. London’s higher yielding office assets relative to Europe’s gateway cities continued to attract global capital. US investors were the most active, responsible for 47% of investment deals (£1bn), followed by UK […] Posted by: Mya Driver Read more
Government invests over £116m to drive forward green innovation Dec 8, 2021 Over £116 million in new Government funding will boost green innovation across the UK as efforts to help businesses reduce their carbon emissions continue. Announced today (Tuesday 7 December) the funding will see projects across the country develop new technologies that increase energy efficiency in homes and buildings, reduce carbon emissions, boost the UK’s energy […] Posted by: Mya Driver Read more
£34m funding to unlock luxury hotel at historic London office Dec 6, 2021 OakNorth Bank has provided a £34.3m loan to a property business founded by entrepreneur, Alex Shamash, and joint venture partner Boscalt Hospitality, a fund that is a member of Edmond de Rothschild Private Equity partnerships. The capital will be used to convert the 15 Old Bailey property from office space into a new luxury hotel, […] Posted by: Mya Driver Read more
UK PropTech investment climbs to record highs in 2021 Dec 6, 2021 Investment into the UK’s property technology (‘proptech’) sector has reached record levels in 2021 and more than quadrupled since last year, as the growing sector matures. In analysing UK proptech funding round data for 2021, proptech-focused venture capital (VC) firm Pi Labs identified there has been £1.6 billion of investment into the sector so far […] Posted by: Mya Driver Read more
Capital & Regional signs agreement with NHS – as they role out 40 new community centres concept nationally Dec 6, 2021 Capital & Regional (the “Company”), the UK convenience and community focused shopping centre REIT, has signed a 15 year lease agreement with Whittington Health NHS Trust to open a state of the art Community Diagnostics Centre (“CDC”) at The Mall, Wood Green. It is the first of 40 new CDCs that will be opened across […] Posted by: Mya Driver Read more
