The Infrastructure & Projects Authority releases best practice guidance on major projects Jul 16, 2021 The Project Routemap has been revised to ensure that ‘novel and complex programmes’ across UK infrastructure sectors are set up for success. It was developed by the Infrastructure & Projects Authority (IPA) – an Observer on the UKREiiF’s Adivsory Group, with the support of construction consultant Turner & Townsend and academics at University College London […] Posted by: Nathan Spencer Read more
Arrow Capital Partners agrees deal to fund logistics project Jul 16, 2021 Arrow Capital Partners has agreed to fund the construction of Aviator Park Phase II – which will comprise additional 280,000 sq ft of logistics space – in Ellesmere Port. Phase I was constructed and let to Survitec on a 20-year lease shortly after completion in 2020. The part of the development is already owned by […] Posted by: Nathan Spencer Read more
Abrdn (formerly Standard Life Aberdeen) shakes up senior investment team Jul 16, 2021 Abrdn, formerly Standard Life Aberdeen, has shaken up its management team as it prepares for the retirement of its chief investment officer. Rod Paris will retire from the role at the end of this year after nearly 20 years at the firm. In light of his retirement, the group will reorganise its structure, dividing its […] Posted by: Nathan Spencer Read more
Latest 15 Town Deals announced worth £335m as strategy to regenerate high streets launched Jul 16, 2021 Long-term plan to support the evolution of high streets into thriving places to work, visit and live will breathe new life into town centres. New high street strategy to transform town centres into vibrant places to live, work and visit Derelict buildings to be transformed, streets to be cleaned up, and communities across the UK […] Posted by: Nathan Spencer Read more
Exclusive: GBB and UKREiiF – supercharging growth and much-needed investment Jul 15, 2021 There has never been a shortage of talent and entrepreneurial flair in the property sector across the North. Companies have grown despite a well-documented funding gap compared to the South-East. It is promising to see the government promising to Build Back Better from the pandemic and address the regional disparities that have plagued the country. […] Posted by: Nathan Spencer Read more
Alterity Investments reveals Belfast city centre redevelopment project Jul 15, 2021 The proposed redevelopment of Belfast’s former BHS building has taken a step forward with the submission of a planning application. Alterity Investments Ltd is behind the scheme to transform the site on Castle Lane. It has been vacant for five years following the collapse of BHS and changed hands earlier this year. In March, Alterity said […] Posted by: Nathan Spencer Read more
£2.7bn investment pledge by water firms Jul 15, 2021 The UK’s water companies will pour a total of £2.7bn into environmental improvements over the next five years, it was announced this morning. On top of £1.9bn of pre-planned spending, sector regulator Ofwat has this morning approved an extra £793m of investment. The watchdog said that the additional spending would “allow water companies to take […] Posted by: Nathan Spencer Read more
Net Zero North West calls for £200bn investment into green projects Jul 15, 2021 A total of 18 North West green projects should receive an investment of more than £200bn to help create or support over 660,000 jobs in the region, according to a new report. Unveiled by Net Zero North West at an event with Business Secretary Kwasi Kwarteng, the report has been authored by analysts at Siemens […] Posted by: Nathan Spencer Read more
14 major pension funds sign-up to create net-zero investment portfolios Jul 15, 2021 The chairs of corporate pension funds including Tesco, Unilever, BT and Pennon are among the signatories of a new commitment to halve portfolio emissions by 2030 and bring them to net-zero by 2050. Signatories of the commitment, led by the Prince of Wales’ Accounting for Sustainability (A4S) initiative, collectively manage almost £268bn in assets, and […] Posted by: Nathan Spencer Read more
Report reveals need for collaboration to unlock true potential of Freeports Jul 15, 2021 Businesses are positive as they await the arrival of Freeports in England– but education and business leaders raise concerns over skills shortages and the need for more collaboration to drive success. Transatlantic law firm Womble Bond Dickinson (WBD) launched its UK Freeports business sentiment report this week, representing the views of over 500 UK businesses […] Posted by: Nathan Spencer Read more