Octopus Real Estate and Homes England launch £175m Greener Homes Alliance Oct 21, 2021 Octopus Real Estate, part of Octopus Group and a leading United Kingdom specialist real estate lender and investor, has partnered with Homes England, the Government’s housing delivery agency, to create the Greener Homes Alliance. The new Alliance will commit £175 million, providing both loan finance and expert support to SME housebuilders, enabling them to build […] Posted by: Mya Driver Read more
Forward funding from Canada Life Asset Management sets Birkenhead regeneration into motion Oct 21, 2021 In a landmark deal for the borough, investment and pension fund, Canada Life Asset Management has agreed to forward fund the development of Wirral Growth Company’s two new Grade-A office schemes in Birkenhead for £75 million. Totalling 150,000 sq ft, the flagship office buildings are the first phase of Wirral Growth Company’s regeneration masterplan for […] Posted by: Mya Driver Read more
St Helens Borough Council approves draft plans for St Helens and Earlestown town centre transformation Oct 21, 2021 The once-in-a-generation opportunity to transform St Helens and Earlestown town centres has moved a step closer. St Helens Borough Council’s Cabinet has today approved draft Masterplan Development Frameworks that set out its vision to transform St Helens and Earlestown town centres. Councillors welcomed the plans which will help drive change, complementing existing assets to deliver high quality, sustainable regeneration that makes St Helens and […] Posted by: Mya Driver Read more
M7 Capital provides loan for office acquisition in Glasgow by Garroch Investments Oct 20, 2021 M7 Capital (“M7C”), a full-service real estate debt specialist, announces that it has provided a £7.3 million loan, on behalf of UK debt fund TREC II, to Garroch Investments, supported by Craigend Properties a regional real estate investor and asset manager, to finance the acquisition of Princes House, an office building situated in the centre […] Posted by: Mya Driver Read more
Major housebuilder Bellway targets £1.2bn profits Oct 19, 2021 Bellway is expecting to generate around £1.25bn in cumulative underlying pre-tax profit over the next two financial years. The returns will spell a bonanza for shareholders with one third of the cash distributed in dividends. The target came as Britain’s fourth largest house builder posted a strong set of results for the year to July […] Posted by: Mya Driver Read more
Newly formed Life Sciences REIT to raise £300m in IPO Oct 19, 2021 A new real estate investment trust (REIT) focused on the life science laboratories is looking to raise £300m in an initial public offering (IPO). Life Science REIT has announced its intention to launch on the Alternative Investment Market (AIM) of the London Stock Exchange through a placing, offer for subscription and intermediaries offer targeting the issue of 300 million ordinary […] Posted by: Mya Driver Read more
Vision unveiled for £150m Manchester tower Oct 19, 2021 Following the completion of a comprehensive repositioning strategy for the former CIS Tower in Manchester city centre, Castlebrooke Investments has launched Society. The launch marks a new era for an iconic building and represents a re-imagining of Manchester’s first ever skyscraper. Society has been repurposed to deliver the best working environment in the city to […] Posted by: Mya Driver Read more
Bill Gates and UK Government launch £400m partnership to boost green investment Oct 19, 2021 The strategic partnership with the Breakthrough Energy Catalyst will mobilise £200 million of private sector funding over 10 years. Today Prime Minister Boris Johnson and Bill Gates announced a new partnership between Breakthrough Energy Catalyst and the UK Government to drive investment into the next generation of ground-breaking clean energy technologies. Announced at the Global […] Posted by: Mya Driver Read more
Octopus Real Estate complete £10m loan on prime 327-unit site in central Manchester Oct 19, 2021 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has completed a £10 million loan secured on a prime development site with planning consent for a 327-unit apartment block, in central Manchester. The lender provided both the asset loan and a VAT loan for the acquisition. The […] Posted by: Mya Driver Read more
St George and SEGRO enter JV to deliver their first UK multi-storey industrial development in London Oct 18, 2021 St George, a leading mixed use developer in London and member of the Berkeley Group, and SEGRO, the leading owner and developer of warehouse space, have formed a 50:50 joint venture to bring forward their first urban multi-storey industrial development in the UK as part of a major mixed use neighbourhood at Grand Union being […] Posted by: Mya Driver Read more
