Prologis snaps up Park Royal site for last mile logistics hub Jun 24, 2021 Prologis, the UK’s leading owner and developer of industrial logistics parks has acquired a 150,000 sq ft unit in Park Royal, London, in an off-market purchase and leaseback for approximately £70m. The industrial unit, located on Willen Field Rd, was previously owned by manufacturer Super Toughened Glass Ltd, which leased a portion of the building […] Posted by: Nathan Spencer Read more
£500bn investors herald golden age for investment into UK ‘beds for rent’ sector Jun 24, 2021 Investec’s second Future Living report looks at how the pandemic has underpinned the sector’s evolution with data gathered from global institutional investors representing over £500bn of AUM. • The ‘beds for rent’ sector has emerged as a clear winner during Covid-19, far outpacing office, retail and hotels in prospects for the next 10 years• Build-to-rent […] Posted by: Nathan Spencer Read more
Plans submitted for 4,000 home carbon neutral development Jun 23, 2021 Templeview Developments and GSSArchitecture has submitted plans for a major residential scheme, which is one of the first planning applications submitted for a carbon neutral development in the UK. The application seeks to create a sustainable new community between Bedford and Luton, incorporating a later living community, school, retail, employment, new publicly accessible woodland of […] Posted by: Nathan Spencer Read more
Work commences at £1.3bn Old Oak Common integrated transport hub Jun 23, 2021 Transport Secretary Grant Shapps has given the green light for work to begin on the biggest newly built railway station in the UK – Old Oak Common – who’re involved in the UKREiiF Advisory Group. Over 2,300 jobs will be supported on the site at peak construction, and over 250 apprenticeships will be created. There is also […] Posted by: Nathan Spencer Read more
Basildon Council commits to £100m investment into estates and new homes Jun 23, 2021 Proposals to invest millions into creating clean and safe estates and building more homes for borough residents have been considered by Basildon councillors. The Housing and Estate Renewal Committee met on Tuesday June 22 and agreed the development of a ‘Safe and Sound Estates’ Estate Renewal Strategy and a proposal to build an extra 200 homes as […] Posted by: Nathan Spencer Read more
Border to Coast boosts team amid launch of £6.5bn investment funds Jun 23, 2021 Border to Coast Pensions Partnership (Border to Coast), one of the largest public sector pension pools in the UK with total assets of cGBP55 billion, has made a range of appointments as it continues to build on its existing capabilities. The appointments follow a series of new fund launches at Border to Coast, including the […] Posted by: Nathan Spencer Read more
Food and drink manufacturer Princes invest £60m in Cardiff – creating 100 jobs Jun 23, 2021 Food and drink manufacturer Princes has completed the first phase of a £60m investment at its Cardiff factory that has created 80 new jobs with a further 50 being recruited by year end. The overall capital investment, the largest ever undertaken by the company in soft drinks, will see the installation of seven soft drink […] Posted by: Nathan Spencer Read more
Department for Education announced £500m investment with school improvement programme Jun 23, 2021 Thousands of pupils across England are expected to get access to revamped school facilities soon as the Department for Education (DfE) on Wednesday (23) announced an investment of £483 million to improve the state of school buildings across the country. The investment from Condition Improvement Fund will benefit about 1,199 schools, with the ones in North East […] Posted by: Nathan Spencer Read more
Ground-breaking new £18m green investment fund created by Combined Authority Jun 23, 2021 The North of Tyne Combined Authority is establishing a ground-breaking new investment fund to tackle carbon emissions whilst delivering inclusive economic growth. The Green New Deal Fund will invest up to £18 million in both low carbon infrastructure and directly into SMEs to support business growth and innovation. The Fund will catalyse investment in green growth, stimulate […] Posted by: Nathan Spencer Read more
Hines unveils ambitious new ESG strategy in addition to key Global Head of ESG appointment Jun 23, 2021 Hines, the international real estate firm, has unveiled an ambitious new ESG strategy to elevate its commitments to environmental, social and governance issues, with a particular focus on the climate emergency, by accelerating its efforts to lead the industry in decarbonization of the built environment. The strategy underscores that the firm’s work which should benefit […] Posted by: Nathan Spencer Read more
