Ballymore submits application for London mixed-use development in the Royal Docks Oct 18, 2021 Ballymore, the international property developer, has submitted a planning application for its latest major mixed-use quarter, UNEX-Thames Road Industrial Estate, on the riverfront in London’s Royal Docks, the company’s third scheme along this stretch of south-facing riverfront. The plans for the 6.1-ha site envisage the creation of up to 1,610 new homes, including three-storey townhouses, […] Posted by: Mya Driver Read more
Europa Capital grows UK BTR residential platform with acquisition in Manchester Oct 18, 2021 Europa Capital, the pan-European real estate investment manager, announces that it has entered into a forward funding agreement to acquire a new build-to-rent (“BTR”) residential development, in Manchester’s New Cross district, from experienced housing developer Mulbury. Europa Capital has made the acquisition on behalf of its latest value add fund, Europa Fund VI, as it […] Posted by: Mya Driver Read more
AXA IM Alts to kickstart Bristol office development Oct 18, 2021 AXA IM Alts, a global leader in alternative investments with c. €163 billion of assets under management, has begun construction of building 121,000 sq ft of new offices at its prime harbourside Assembly Bristol city centre development, having completed the sale of the first phase of the project to LCN Capital Partners. Work on site […] Posted by: Mya Driver Read more
LondonMetric acquires £20m of London logistics assets Oct 18, 2021 LondonMetric Property Plc announces the acquisition of two last mile logistics assets in Fulham and Tottenham for a combined purchase price of £20.2 million. The assets total 44,000 sq ft and have been acquired with vacant possession in two separate transactions. LondonMetric will refurbish both properties at a cost of £1.4 million which, once fully […] Posted by: Mya Driver Read more
Board of Home REIT splash £166m on acquiring 23 portfolios Oct 18, 2021 Home REIT plc, which funds the acquisition and creation of high quality properties across the UK that are dedicated to providing accommodation to homeless people, has deployed £166.4 million of the proceeds raised in the Company’s significantly oversubscribed £350 million equity issue in September 2021. In less than one month following the Initial Issue, the […] Posted by: Mya Driver Read more
Council and developer JV approved ahead of major regeneration Oct 14, 2021 Bury Council’s cabinet has formally approved the principles behind a 50:50 joint venture with leading town and city-centre regenerator, Muse Developments, to bring forward the repurposing and regeneration of Prestwich village. Following the council’s purchase of the Longfield Centre and decision to form a JV with Muse, the team will be working on a draft […] Posted by: Mya Driver Read more
Grainger in £140m forward funding acquisition with Network Homes Oct 14, 2021 Grainger plc, the UK’s largest listed residential landlord with 9,109 operational rental homes and a further 8,851 in its £2.1bn pipeline, announced that it has exchanged conditional contracts to forward fund and acquire Merrick Place, a 401-home build-to-rent development scheme in Southall, West London, for £141m. Proceeds from Grainger’s recent successful equity placing will help […] Posted by: Mya Driver Read more
Aviva Investors provides further £50m to self-storage firm Big Yellow Group Oct 14, 2021 Aviva Investors, the global asset management business of Aviva plc, announces that it has completed a further £50 million financing agreement with Big Yellow Group, the UK-based self-storage company, as it continues to expand its sustainability-linked financing programme, The loan, a seven-year facility, is secured against a portfolio of purpose-built self-storage assets located predominantly in […] Posted by: Mya Driver Read more
Maya Capital and AnaCap acquire office and hotel scheme in £125m deal Oct 13, 2021 Maya Capital LLP and AnaCap Financial Partners have completed the acquisition of 160 Blackfriars Road in London’s Southbank. The property includes a 106,000 sq ft office and ground floor retail building currently 50% let, as well as adjacent land for a consented hotel scheme. Maya and AnaCap intend to carry out significant refurbishment of the […] Posted by: Mya Driver Read more
Avamore grows senior leadership team as they continue ambitious growth plans Oct 13, 2021 Avamore Capital today has confirmed the hire of well-known industry heavyweight, D’mitri Zaprzala – former Head of Residential at Octopus Real Estate – to join its senior leadership team. D’mitri will join the board of Directors at Avamore Capital and sit alongside Michael Dean, Zuhair Mirza, Alan Margolis and Philip Gould. The hire follows last […] Posted by: Mya Driver Read more
