Deutsche Finance International (DFI) appoints first Head of Tax Apr 29, 2021 Deutsche Finance International (“DFI”), the pan-European private equity real estate investor which manages €2.8 billion of assets and specialises in customer-centric real estate, has hired Michael Attfield as Head of Tax. The appointment is in line with DFI’s strategy to operate its platform with a strong in-house professional team, ensuring best in class execution and […] Posted by: Nathan Spencer Read more
Allegra Care and Moorfield JV acquires Sentinel Health Care Group in £125m vision Apr 29, 2021 The acquisition is the first form the newly formed £125m nursing home partnership Allegra Care, the UK-focused care home operator, and Moorfield Group, a leading UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of Sentinel Health Care, the privately owned nursing home group. […] Posted by: Nathan Spencer Read more
Development partner sought for new University campus Apr 28, 2021 Newcastle University is seeking a principal development partner for a multi-million-pound mixed use scheme located on a 29-acre brown-field former hospital site in Newcastle City Centre. The development, known as the Campus for Ageing and Vitality (CAV), will be the first of its kind within the UK, drawing together all aspects of healthy ageing innovation, […] Posted by: Nathan Spencer Read more
Developer strikes deal for four sites to develop 1,000 homes Apr 28, 2021 Persimmon Homes has secured a series of land deals that will pump more than £5m into local communities through Section 106 contributions. Development by Persimmon Homes North West will see four new sites deliver almost 1,000 much needed new homes while directly supporting 357 construction jobs per year. Karl Wiseman, Managing Director of Persimmon Homes […] Posted by: Nathan Spencer Read more
World’s biggest sovereign wealth and pension funds eye up UK green investment opportunities Apr 28, 2021 The UK is in talks with some of the world’s biggest sovereign wealth and pension funds about investing in British green energy projects, including gigafactories and offshore wind farms. UK minister Gerry Grimstone told the Financial Times earlier today that he has had discussions with investors including Temasek and GIC, the Singaporean sovereign wealth funds, […] Posted by: Nathan Spencer Read more
Deutsche Bank reveals best quarter in seven years Apr 28, 2021 Deutsche Bank swung to better-than-expected net profit in the first quarter of 2021 as strength at the investment bank helped offset the headwinds of an ongoing restructuring programme and the coronavirus pandemic. Deutsche painted a rosier look for 2021, saying it now expects revenues to be “essentially flat”, compared with a previous estimate of “marginally […] Posted by: Nathan Spencer Read more
Lloyds Banking Group beats forecast with £1.9bn profit Apr 28, 2021 Earnings at Lloyds Banking Group have surged back, with a forecast-beating £1.9bn in pre-tax profits for the first quarter, as the lender released hundreds of millions of pounds-worth of loan loss provisions originally earmarked for potential defaults linked to the coronavirus pandemic. Lloyds released £459m from a cash pile meant to cover bad debts in the first […] Posted by: Nathan Spencer Read more
BMO Real Estate Partners Announces Head of Research Apr 28, 2021 BMO Real Estate Partners (BMO REP), part of Canada’s BMO Financial Group’s £227 billion Global Asset Management business, announces the appointment of Joanna Tano as Head of Research. Joanna will be based in London, reporting directly to Angus Henderson, Head of Business and Product Development. She will work across BMO REP’s European footprint with the […] Posted by: Nathan Spencer Read more
Europa Capital promotes four with James Farmer appointed Partner Apr 28, 2021 Europa Capital, the pan-European real estate investment manager, announces that it has promoted James Farmer to Partner, in addition to three further promotions across origination and acquisitions and investor relations. James joined the business as an Associate in 2010 from the Royal Bank of Scotland and during that time has assumed responsibility for acquisitions in […] Posted by: Nathan Spencer Read more
State Street Corporation announce senior appointment Apr 27, 2021 State Street Corporation, one of the world’s leading providers of financial services with $40.3 trillion in assets under custody/administration, has announced that it has appointed Aman Thind to executive vice president and global chief architect. In this role Thind will report to Brian Franz, global chief information officer. Thind is responsible for designing the strategy […] Posted by: Nathan Spencer Read more
