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
Bradford Council is a partner at flagship sustainable investment event Dec 6, 2021 Bradford Council is playing a key role in regional flagship event which aims to bring together businesses, investors and public sector organisations to plan for a sustainable future for employment, planning and industry. The inaugural UK Real Estate Investment and Infrastructure Forum (UKREiiF) is set to be held in Leeds on 17-19 May 2022. Bradford […] Posted by: Mya Driver Read more
Europa Capital enters Birmingham market with acquisition of city centre Crown Works BTR development Dec 6, 2021 Europa Capital, the pan-European real estate investment manager, announces that it has entered the Birmingham market with the acquisition, through a forward funding agreement, of Crown Works, a new 203-apartment build-to-rent (“BTR”) development adjacent to the city’s central business district. Europa Capital has made the acquisition on behalf of its value-add fund, Europa Fund VI. […] Posted by: Mya Driver Read more
Development consortium unveils vision for 200-acre 7,000 home neighbourhood Dec 2, 2021 New Ingliston Limited has been rebranded as West Town Edinburgh Ltd (WTE) and is now moving forward with its plans for ‘West Town’ following guidelines set out by the proposed Edinburgh City Plan 2030. WTE announced earlier this year that Drum Property Group had made a significant equity investment and taken on a key management and development […] Posted by: Mya Driver Read more
£400m investment to create largest multi-modal biopharmaceutical manufacturing site announced Dec 2, 2021 FUJIFILM Diosynth Biotechnologies, a world leading contract development and manufacturing organisation (CDMO) for biologics, viral vaccines and viral vectors, has confirmed a £400 million planned investment package at its UK facility in Billingham, Teesside. This investment package more than doubles the site’s existing development and manufacturing footprint, creating the largest multi-modal biopharmaceutical manufacturing site in […] Posted by: Mya Driver Read more
SSE announce £4bn investment plans – creating 850 jobs Dec 2, 2021 Energy giant SSE has unveiled £4 billion investment proposals that will create more than 850 jobs in its distribution business. Scottish and Southern Electricity Networks (SSEN) Distribution, which is owned by SSE, aims to boost its investment by around a third in the north of Scotland and central southern England for the next price control period between 2023 […] Posted by: Mya Driver Read more
Built environment “in urgent need of regeneration” Dec 2, 2021 Debate is raging on what the city of the future will look like, with the pandemic serving to hasten many of the trends that were already reshaping our urban landscape and real estate markets. JLL’s report ‘Regeneration Shaping the built environment to create value for all’ shows the opportunity and accountability for real estate to […] Posted by: Mya Driver Read more
