Bloor Homes secures planning permission for 227 new homes Nov 24, 2021 National planning consultancy Boyer (part of Leaders Romans Group) has secured a reserved matters planning consent on behalf of Bloor Homes at Basingstoke Golf Course. The application was approved by Basingstoke and Deane Borough Council on 3 November 2021. Of the new 227 homes, 91 are dedicated affordable housing. The reserved matters planning consent follows the […] Posted by: Mya Driver Read more
Study shows large unpick in institutional investors committing to Net Zero targets Nov 23, 2021 Global institutional investors have significantly raised their ambitions to implement net zero commitments across portfolios over the last 12 months, whilst being increasingly aware of the challenges in meeting these targets, according to the latest edition of the Aviva Investors Real Assets Study. The annual survey from Aviva Investors, the asset manager of Aviva plc […] Posted by: Nathan Spencer Read more
Silbury Finance provides £40m sustainability-linked development loan for retirement village Nov 23, 2021 Facility is the second for the UK Retirement Living Fund and Elysian Residences’ Joint Venture, in a high conviction sector Silbury Finance (“Silbury”), the development lender backed by Oaktree Capital Management, has provided the UK Retirement Living Fund (“ReLF” or the “Fund”),which is managed by Schroders Capital and advised by Octopus Real Estate, with a £39.3 million senior loan to fund […] Posted by: Nathan Spencer Read more
SREIT increases industrial exposure with £20m portfolio acquisition Nov 23, 2021 Schroder Real Estate Investment Trust, the actively managed UK-focused REIT, announces the acquisition of a portfolio of four industrial assets in the north west of England. The purchase price of £19.85 million reflects a net initial yield of 6.9% and a capital value of £53 per sq ft. Valley Road Industrial Estate, Birkenhead Unconditional contracts […] Posted by: Deividas Krupstas Read more
Grainger reaffirms growth ambitions with key investment appointments Nov 23, 2021 Grainger plc, the UK’s largest listed residential landlord and a market leader in UK PRS, today announces two key appointments within its investment team. Eliza Pattinson has been promoted to Director of Investments (Asset Management) and Steven Clark is appointed as Director of Investments (Acquisitions). Eliza, already a senior leader within the business, first joined […] Posted by: Nathan Spencer Read more
KKR to help fund £1.7bn Build to Rent pipeline Nov 23, 2021 Build to rent specialists Moda and Apache have signed a deal that will see US firm KKR invest £610m to finance the building out of the remaining 4,000 homes in their development pipeline. The firms said the deal will allow the construction of £1.7bn of city centre homes for rent, to be operated by Moda […] Posted by: Nathan Spencer Read more
Berkeley given green light for 4,600 home scheme Nov 18, 2021 St James Group, Berkeley Group, has announced it has been given the green light for the 4,600-home scheme. Plans outline a new community immediately east of Junction 14 of the M1, that includes schools, local centres, employment and will include a range of accommodation from one-bed flats to five-bedroom houses. As part of the extension, a new bridge […] Posted by: Mya Driver Read more
PATRIZIA launches £800m London focused urban logistics platform Nov 18, 2021 PATRIZIA AG, a leading partner for global real assets, announces the final close of its GLI platform (“the Platform”), a London urban logistics sidecar investment to its flagship discretionary value add fund, TransEuropean Property VII LP (“TEP VII” or “the Fund”), with a further EUR 750 million to invest. The Platform, which will be operated […] Posted by: Mya Driver Read more
SSE announces £12.5bn investment plan to accelerate net zero targets Nov 18, 2021 SSE has rebuffed calls to break itself up, and announced a multi-billion pound plan to boost investment across its renewable energy and electricity networks businesses. SSE will expand its investment plan for the next five years to £12.5bn, from its previous target of £7.5bn, across its business in the areas which will help the UK […] Posted by: Mya Driver Read more
Further homes approved in Ebbsfleet Garden City Nov 18, 2021 Bellway Homes has been given planning approval for 121 homes in Ebbsfleet Garden City. It will be the first major phase of the Northfleet Embankment West mixed-use development and will be known as Harbour Village. The area forms part of Ebbsfleet Development Corporation’s site at Northfleet Riverside with a key aspiration that development will re-connect the existing communities […] Posted by: Mya Driver Read more
