Jeff Bezos backed firm plans £290m nuclear fusion demonstration plant in Oxfordshire Jun 18, 2021 Canada’s General Fusion – one of the leading private firms aiming to turn the promise of fusion into a commercially viable energy source – is set to build a large-scale nuclear fusion demonstration plant in Oxfordshire. The firm, backed by Jeff Bezos, are aiming to build at Culham – home of the UK’s national fusion […] Posted by: Nathan Spencer Read more
Wheat Quarter Ltd and Hill Partnerships form agreement for regeneration of Shredded Wheat Factory Buildings Jun 18, 2021 Wheat Quarter Ltd and Hill Partnerships have entered into a construction agreement for the delivery of the former Shredded Wheat Factory buildings and public realm at the exciting Welwyn Garden City regeneration scheme. The multi-million pound deal will bring about the sensitive refurbishment of Wheat Quarter’s Listed Production Hall, Listed Silos and Art Centre. Hill […] Posted by: Nathan Spencer Read more
Barings provides £140m loan for acquisition of two London student accommodation properties Jun 18, 2021 Barings, one of the world’s largest diversified real estate investment managers, has provided a £140 million eight-year fixed rate loan, on behalf of two institutional investors, to the London Student Accommodation Venture (‘LSAV’), a joint venture between Unite Group (“Unite Students”) and GIC. The loan is secured against two London student accommodation properties, which are […] Posted by: Nathan Spencer Read more
Leeds Headquartered UK Infrastructure Bank opens for business Jun 17, 2021 UK businesses and communities will have billions of pounds available from today (17 June) as Chancellor Rishi Sunak opens the new UK Infrastructure Bank to support local growth and tackle climate change. Launched today at its headquarters in Leeds, the UK Infrastructure Bank will be tasked with accelerating investment into ambitious infrastructure projects, cutting emissions […] Posted by: Nathan Spencer Read more
XPO Logistics announces plans for major Scottish distribution centre at 40-acre site Jun 17, 2021 XPO Logistics is planning to build a major distribution centre in North Lanarkshire, including parkland on two thirds of the 40-acre site. Members of the public are to be given a say on the new industrial development, which is expected to be worth about £40m. The developer has formally submitted a proposal of application notice […] Posted by: Nathan Spencer Read more
Nikal and Media Invest Entertainment submit plans for £300m Blackpool Central project Jun 17, 2021 Nikal Ltd and Media Invest Entertainment are behind the proposals, which comprise a detailed application for the initial phases of the scheme. These include a 1,306-space multi-storey car park and the Heritage Quarter. Outline plans have also been lodged for future phases, including a major public events square, three indoor entertainment centres, a hotel, restaurants […] Posted by: Nathan Spencer Read more
Cushman & Wakefield announces senior appointments within logistics and industrial team Jun 17, 2021 Cushman & Wakefield has strengthened its national logistics & industrial team with the appointment of senior hires, David Binks and Roger Reid. David Binks re-joins Cushman & Wakefield as International Partner after spending three years at St. Modwen as Senior Director – Leasing where he was responsible for co-ordinating the company’s leasing activities nationally and […] Posted by: Nathan Spencer Read more
£500m Mira Technology Park expansion moves step forward Jun 17, 2021 Europe’s automotive engineering consultancy, HORIBA MIRA, has signed a joint venture agreement with private equity investor and developer, Evans Randall Investors, for it to be the exclusive developer for MIRA Technology Park. MIRA Technology Park is at the forefront of the automotive industry’s transition to a sustainable future as a globally recognised cluster location within […] Posted by: Nathan Spencer Read more
Barwood and Caisson IM form JV to target UK industrial and logistics assets Jun 17, 2021 BCCIM has secured a first close with Merseyside Pension Fund for its Urban Industrial Income Limited Partnership (UII), a seven-year vehicle investing in multi-let industrial and urban logistics assets, in regional locations across the UK, enabling it to purchase GBP30-40 million of assets. Within a week it has already completed the purchase of its first […] Posted by: Nathan Spencer Read more
Local Space secures £61m private placement through MetLife IM Jun 17, 2021 Local Space secures £61 million private placement with MetLife Investment Management as latest estimate shows there are now over 165,000 homeless Londoners living in temporary accommodation Transaction reflects the strong support from the market for the Local Space credit story, and recognises the important role it plays across the communities in which it operates Funding […] Posted by: Nathan Spencer Read more