Starwood secures £13.5m for Belfast hotel and offices Jul 21, 2021 Starwood European Real Estate Finance Limited and its subsidiaries (“the Group”), a leading investor originating, executing and managing a diverse portfolio of high-quality real estate debt in the UK and Europe, has successfully closed a three year £13.5 million floating rate loan secured by a freehold, consisting of a 38k square foot, fully let office […] Posted by: Nathan Spencer Read more
Legal & General Modular Homes partners with Town & Country Housing to acquire new site Jul 21, 2021 Legal & General Modular Homes announces that it has partnered with Town & Country Housing to acquire a site in Broadstairs, Thanet, Kent, for the development of 153 modular homes. Together with its schemes in Selby, Bristol and North Horsham, this latest success brings Legal & General Modular Homes’ pipeline to 670 new homes. It […] Posted by: Nathan Spencer Read more
RE Capital secures planning consent for 78,000 sq ft London scheme Jul 21, 2021 RE Capital, the pan-European investment, development and asset management company, has secured a resolution to grant planning consent from Westminster City Council for its 78,000 sq ft flagship mixed-use destination development, Greycoat Stores in Victoria, London. Located at 10 Greycoat Place, the approved plans will see the former Victorian warehouse building repositioned to deliver 69,000 […] Posted by: Nathan Spencer Read more
Regional REIT announces industrial portfolio disposal – 7.5% above valuation Jul 21, 2021 Regional REIT Limited, the UK regional office specialist, is today pleased to announce it has exchanged contracts with ARA Dunedin for the disposal of a significant industrial property portfolio for £45.0m. The completion is conditional upon the Purchaser having in place the required financing. This reflects a net initial yield of 6.75% to the Purchaser […] Posted by: Nathan Spencer Read more
Barings appoints new Director of European Real Estate ESG Jul 21, 2021 Barings, one of the world’s largest diversified real estate investment managers, announces that it has appointed Kristina Arsenievich as Director, European Real Estate ESG, to lead and enhance its ESG programme across the equity and debt portfolios. Kristina brings over 10 years of experience in sustainability leadership and a strong track record of delivering impactful […] Posted by: Nathan Spencer Read more
Plans given the go-ahead for Blackpool refurb project Jul 21, 2021 Plans have been given the go ahead for the refurbishment of Abingdon Street Market that will give the market a new lease of life and secure its long term future at the heart of Blackpool’s town centre. The approved Planning Application was submitted to Blackpool Council by Turley in May and the refurbishment will now […] Posted by: Nathan Spencer Read more
Watmos Community Homes secures £12.5m NatWest funding Jul 21, 2021 Watmos Community Homes, headquartered in Walsall with a London base, will drive forward plans to upgrade more than 1,000 homes by 2024, after securing funding from NatWest. The organisation will use the £12.5 million funding package to improve the energy performance of its homes, helping to reduce tenant utility bills. It will use the funding […] Posted by: Nathan Spencer Read more
Simon Rhodes makes switch to UKREiiF and Built Environment Networking Jul 21, 2021 Built Environment Networking, the UK leader in providing real estate and infrastructure conferencing and events and creator of UKREiiF, has appointed Simon Rhodes as Group Sales Director. Real estate and infrastructure conferencing and events business Built Environment Networking (BEN) has made a senior hire – appointing Simon Rhodes, who had previously spent almost 20 years […] Posted by: Nathan Spencer Read more
Blackpool Makes It Work delegation to exhibit at UKREiiF Jul 20, 2021 Blackpool Council, alongside neighbours Wyre Council and Fylde Borough Council, has signed-up to exhibit at the inaugural UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) event, to be held in Leeds between 17-19 May 2022. Leader of Blackpool Council Cllr Lynn Williams, explained: “Blackpool is a place on the up. At Blackpool Council we have […] Posted by: Nathan Spencer Read more
Aviva Investors launches Climate Transition Real Assets Fund Jul 19, 2021 New fund will target long term green infrastructure, sustainable real estate and nature-based solutions to accelerate the move towards net zero Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), has announced the launch of the Aviva Investors Climate Transition Real Assets Fund. The fund will aim to provide various investor groups, including […] Posted by: Nathan Spencer Read more