Elivia secures £100m financing to fuel housebuilding growth Jan 14, 2025 Elivia Homes has secured a £100m financing deal to support its future growth plans. The Revolving Credit Facility (RCF), provided by Barclays and Natwest, will help unlock the building of much needed high-quality properties from its development pipeline of over 6,000 new homes. The flexible financing structure, with a term of up to five years, […] Posted by: Deividas Krupstas Read more
Legal & General submits planning for the £350m Bristol Temple Island masterplan regeneration project Jan 14, 2025 As a leading pensions provider in the UK, L&G is committed to making long-term investments in infrastructure and housing to create a better built environment where our savers reside. L&G’s strong track record of delivering large-scale regeneration schemes in cities like Newcastle, Cardiff, and Sunderland, and extensive network of partnerships with the public sector enable […] Posted by: Deividas Krupstas Read more
Fiera’s European Real Estate Debt platform completes a £58m refinancing of W.RE’s Arding & Hobbs in Clapham Junction Jan 14, 2025 Fiera Real Estate Debt Strategies (“Fiera”), an affiliate of Fiera Capital Corporation, a global asset manager with $122.5 billion in assets under management, has provided a £58 million senior debt facility to W.RE, to refinance the iconic Arding and Hobbs building in London’s Clapham Junction. The landmark property, located directly opposite Clapham Junction station, was […] Posted by: Deividas Krupstas Read more
Valor and QuadReal continue deployment momentum with acquisition of prime East London distribution centre for c.£130 million Jan 14, 2025 Valor Real Estate Partners (“Valor”), Europe’s fastest growing last mile real estate specialist, has acquired, on behalf of its joint venture (the “JV”) with QuadReal Property Group (“QuadReal”), a global real estate investment, operating and development company, a prime last mile distribution centre in Purfleet, East London, for c.£130 million. It represents the JV’s largest […] Posted by: Deividas Krupstas Read more
UK pension funds back Heim’s UK Residential Fund which reaches £375m at first close Jan 13, 2025 Heim’s UK Residential Fund completes First Close supported by UK Local Government Pension Schemes with initial commitments at £375 million. The build-to-core Fund is well on its way to its £800 million target and aim to develop 5,000 homes. Heim’s UK Residential Fund invests in mid-market rental housing, seeking to address the substantial undersupply of […] Posted by: Mya Driver Read more
Plans submitted for £67m housing scheme in Barnsley Jan 13, 2025 Housebuilder Avant Homes has submitted plans to deliver a £66.5m, 300 new home multi-tenure development in Thurnscoe, near Barnsley. Located on land off Thurnscoe Bridge Lane, the proposed development will comprise a mix of two-, three- and four-bedroom homes. It will feature 13 of Avant Homes’ practically designed energy efficient house types and of the […] Posted by: Deividas Krupstas Read more
AustralianSuper invests into Oxford Properties’ £700m portfolio and manager M7 Real Estate Jan 13, 2025 AustralianSuper, Australia’s largest superannuation fund, and Oxford Properties Group (“Oxford”), a leading global real estate investor, developer and manager, today announce a new strategic partnership that aims to build a significant industrial and logistics venture across Europe, which will be managed by M7 Real Estate. AustralianSuper has acquired a 50% stake in Oxford’s c. €840 […] Posted by: Deividas Krupstas Read more
Copenhagen Infrastructure Partners charges to the top of the UK battery stack Jan 9, 2025 Copenhagen Infrastructure Partners (CIP) has, through its flagship fund CI IV, taken Financial Investment Decision (FID) and issued Notice to Proceed (NTP) to commence construction of two further Battery Energy Storage System (BESS) projects in Scotland. Coalburn 2 is situated in South Lanarkshire, adjacent to CIP’s existing Coalburn 1 BESS project, and Devilla is situated […] Posted by: Deividas Krupstas Read more
Riverside Sunderland masterplan gets green light for flagship 165-home Placefirst neighbourhood Jan 9, 2025 Placefirst’s proposals for a new flagship residential neighbourhood on Farringdon Row, have received planning approval, marking a new significant milestone within the Riverside Sunderland Masterplan. Following Sunderland City Council’s decision, we will begin transforming the 4.57-acre brownfield site into a high-quality 165-home neighbourhood by June 2025. Consisting of 67 homes and 98 apartments for long-term […] Posted by: Deividas Krupstas Read more
Audley Group raises £40 million in innovative sale and leaseback with institutional investors Jan 9, 2025 Audley Group, the UK’s leading provider of retirement villages, has raised nearly £40 million in a sector-first sale and leaseback deal. A major investor has purchased the freehold of five operational Audley Villages across the UK. These constitute a total of 550 properties in villages from 25 years old to others recently opened. Audley Group […] Posted by: Deividas Krupstas Read more