Shurgard Set to Expand UK Operations with £378m Acquisition of Lok’nStore Apr 12, 2024 Shurgard has announced its acquisition of rival Lok’nStore in a deal valued at £378 million. This acquisition is set to double Shurgard’s presence in the UK, adding significant capacity and market reach. Lok’nStore, which launched in 1995 and is listed on the AIM, operates 43 self-storage facilities across England and Wales in key locations including […] Posted by: Mya Driver Read more
BAM Expands Co-living Portfolio with Acquisition of ProCo-Living Apr 12, 2024 Built Asset Management (BAM), a specialist in the co-living sector, has enhanced its market presence by acquiring ProCo-Living, marking its fourth competitor purchase in less than three years. This move is part of BAM’s strategy to strengthen its hold across London’s co-living scene, where it already manages over 1,500 rooms. ProCo-Living, known for its high-end […] Posted by: Mya Driver Read more
Torquay Town Board Confirms Success of Torbay’s Regeneration Partnership Apr 12, 2024 Torbay’s efforts to revitalise its townscape are gaining momentum, with Torquay’s Town Board praising the positive outcomes from recent partnerships aimed at enhancing the area. Torbay Council, alongside Willmott Dixon and Milligan, known collectively as WDM, are steering redevelopment projects with an eye on long-term benefits for the locale. Since November 2023, when the collaboration […] Posted by: Mya Driver Read more
LGIM furthers Unite relationship with £150m funding Apr 12, 2024 Legal & General Investment Management’s (LGIM’s) dedicated UK and European Real Estate Debt division has completed a £150m senior loan with Unite, secured against 10 Purpose Built Student Accommodation (PBSA) assets across key UK cities. The loan will be used to refinance an existing bank facility for its flagship Unite UK Student Accommodation Fund (USAF), […] Posted by: Mya Driver Read more
Pluto Finance Secures £60m for Watford Housing Development Apr 11, 2024 Pluto Finance has finalised a £60 million development loan agreement to facilitate a new housing project, Sydney Road, situated in Watford. The funding will be channelled towards the creation of 231 new homes along with 120 parking spaces, marking a significant step in local residential development. The loan recipient, Signia Living, a Harrow-based property developer […] Posted by: Mya Driver Read more
Lewes District Proposes Over 1,000 New Homes in Future Development Plans Apr 11, 2024 Lewes District Council has outlined a vision for future development within the district, aiming to provide a significant number of new homes, jobs, and community facilities up to 2040. As part of the “Towards a Local Plan – Spatial Strategy and Policies Directions” consultation, the council is preparing to introduce a comprehensive planning framework to […] Posted by: Mya Driver Read more
Over 860 New Homes Planned on Former Fiddler’s Ferry Power Station Site Apr 11, 2024 In a major development for Warrington, plans have been laid out for the demolition of the remaining structures at Fiddler’s Ferry power station, paving the way for the construction of over 860 new homes. This initiative marks a transformative phase for the site, which ceased operations in March 2020 and was acquired by Peel NRE […] Posted by: Mya Driver Read more
UK Firms Launch Global Campaign to Address Housing Crisis Apr 11, 2024 Citygate, a leading social housing provider in the United Kingdom, in partnership with UCEA, a prominent Single Family Office, has announced a global initiative aimed at attracting investment to tackle the pressing housing crisis in the UK. The collaboration is set to initiate a comprehensive capital and awareness-raising campaign across six major financial centres: Zurich, […] Posted by: Mya Driver Read more
Charity Cycle Sportive returns to UKREiiF 2024 Apr 11, 2024 The Yorkshire Childrens Charity have confirmed that their highly successful Charity Cycle Sportive will return to The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF) for a second year. The UKREiiF event is set to take place between 21-23 May, in Leeds. In 2023 the Charity Cycle Sportive saw over 150 riders take on some […] Posted by: Mya Driver Read more
Waterfront office investment in Clarendon Dock offered for sale Apr 10, 2024 Beacon House in Belfast’s Clarendon Dock Business Park has been brought to market for sale, with offers in excess of £4.6 million being sought. Located in Belfast Harbour Estate close to the city centre, Beacon House is a 51,028 sq ft waterfront office building comprising five storeys. The building is currently let in its entirety […] Posted by: Mya Driver Read more
