New Reserved Investor Fund to Boost Town Centre Regeneration May 16, 2024 The new Reserved Investor Fund (RIF) is set to unlock billions for town centre regeneration and achieving net zero targets. The RIF, expected to be available to investors after the Royal Assent to the forthcoming Finance Bill 2024, has garnered widespread industry support. The RIF legislation is advancing quickly through the latter stages of the […] Posted by: David Gilbank Read more
Birmingham City Council to Sell £20m Property Portfolio May 16, 2024 Birmingham City Council is set to sell 100 ground rent assets in and around the city centre as part of its ongoing asset disposal programme. The council has enlisted Lambert Smith Hampton (LSH) to manage the sale of this portfolio, which includes commercial, industrial, and non-operational council-owned properties. The assets will be sold individually or […] Posted by: David Gilbank Read more
Columbia Threadneedle Expands Retail Portfolio with Major Acquisitions May 16, 2024 Columbia Threadneedle Real Estate, the investment and asset management division of Columbia Threadneedle Investments, has expanded its retail portfolio by acquiring Phases 2 and 3 of Merry Hill Retail Park in Brierley Hill and Phoenix Retail Park in Corby. Both acquisitions were made on behalf of separate client funds, with the purchase amounts remaining undisclosed. […] Posted by: David Gilbank Read more
Blue Shield Capital Secures £25 Million Loan from OakNorth Bank May 15, 2024 Blue Shield Capital, a property lending firm specialising in bridging loans, has received a £25 million loan from OakNorth Bank. Launched in 2020 by Gil Ulrich and Jonathan Hitter, Blue Shield focuses on underwriting senior bridging loans backed by UK real estate, particularly in prime cities and suburban areas. The company recently welcomed Stephen Benson […] Posted by: David Gilbank Read more
Britannia Secures £10 Million for Manchester Project May 15, 2024 Britannia has secured £10 million for its development at a former probation centre site in South Manchester. The financing includes a £9.5 million development loan from specialist lender Together and £650,000 from the Greater Manchester Combined Authority’s Brownfield Housing Fund. Initial works have started on the Daisy Bank Road site in Victoria Park, with main […] Posted by: David Gilbank Read more
Massive Former Waste Site in Shipley May Be Demolished for Redevelopment May 15, 2024 A former waste site in Shipley, which has remained empty since being gutted by fire in 2018, could soon be demolished. The Associated Waste Management site on Valley Road is considered “no longer fit for modern day use,” and an application to demolish its structures has been submitted to Bradford Council. Oniel Construction (Yorkshire) has […] Posted by: David Gilbank Read more
Godwin Expands Bristol Presence With the Acquisition of Next Residential Site May 15, 2024 National property business announces that it has recently secured its second site in Bristol through the acquisition of Places for People’s consented Dove Lane scheme. The gateway development situated in central Bristol has detailed planning for 358 homes, including 72 affordable properties, spread across buildings of various heights, as well as public open spaces, landscaping, and […] Posted by: David Gilbank Read more
Preparations for UKREiiF at Fever Pitch! May 14, 2024 Last Few days before UKREiiF 2024 begins! Preparations are in full swing at the Royal Armouries in Leeds as the city gears up to host The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) from the 21st to the 23rd of May, 2024. As the countdown to next Tuesday continues, the photos attached are beginning […] Posted by: David Gilbank Read more
Asda Announces Mixed-Use Redevelopment in North West London May 14, 2024 Asda has unveiled plans for a 10-acre mixed-use redevelopment site in North West London. The supermarket has partnered with Barratt to transform the brownfield site, currently hosting its Park Royal superstore. Subject to planning approval, the proposal aims to create a new town centre within the Old Oak and Park Royal Development Corporation regeneration area. […] Posted by: David Gilbank Read more
Pictet acquires 73 West London residential apartments May 14, 2024 Pictet Alternative Advisors, the alternative investment business of Pictet Group, announces the acquisition of 73 brand new West London residential apartments for its direct real estate strategy. This acquisition builds on the track record of Elevation I, where PAA’s real estate team, in a joint venture with Pinnacle Investments, assembled a London residential portfolio of […] Posted by: David Gilbank Read more
