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
Close Brothers Property Finance Backs Brent Cross Regeneration with £48m Loan to Chase New Homes May 13, 2024 Close Brothers Property Finance has extended a £48 million loan to Chase New Homes to support the construction of 213 private residences as part of the Brent Cross Cricklewood regeneration project in North London. This funding marks a significant step in the development, coinciding with the recent opening of Brent Cross West station, which offers […] Posted by: David Gilbank Read more
Joint Venture launches MIX MANCHESTER – Airport-based Science, Innovation Manufacturing campus May 13, 2024 A revised masterplan has been developed which will see the creation of the UK’s best-connected science, innovation, and manufacturing campus at Manchester Airport. MIX MANCHESTER will be one of the largest science and innovation campuses in the UK, delivering 2 million sq ft of high-quality advanced manufacturing and science space. It will be the only […] Posted by: David Gilbank Read more
Investec Supports Manchester Housing with £22 Million Loan to Realstar May 13, 2024 Investec Real Estate disclosed a strategic financial move by providing a three-year, £22 million investment loan to a fund managed by Realstar Group. This loan is secured against UNCLE Manchester, a centrally located multifamily residential scheme in Manchester, underscoring the continuing demand for high-quality housing in the city. UNCLE Manchester features 171 studio and one-bedroom […] Posted by: David Gilbank Read more
UK Banks Invest £100 Million in Ardersier Port Renewable Project May 13, 2024 Ardersier Port, situated near Inverness, has successfully secured a £100 million investment from two state-owned banks to aid its development into a vital renewable energy hub. The Scottish National Investment Bank and the UK Infrastructure Bank have each contributed £50 million to Haventus, the company overseeing the port, which is also benefiting from green tax […] Posted by: David Gilbank Read more
Unite Disposes Of Six Properties For £184 Million May 13, 2024 Unite Students, the UK’s leading owner, manager and developer of student accommodation, today announces the sale of six properties to PGIM Real Estate for £184 million. The properties, comprising 2,948 beds, are located in Birmingham, Cardiff, Leicester, Liverpool, Nottingham and Sheffield and have an average age of 18 years (Unite average: 13 years). 31% of […] Posted by: David Gilbank Read more
Levelling Up Partnerships rolled out in Scotland for first time May 10, 2024 Dundee has been chosen as the first area in Scotland to benefit from a major tailored regeneration programme designed to support communities across the UK. The city will receive a £20 million Levelling Up Partnership from the UK Government designed to root out inequalities by attracting investment and increasing opportunities for local people, including by […] Posted by: David Gilbank Read more
Buckinghamshire Council Advances Regeneration of Aylesbury with New Developments May 10, 2024 Buckinghamshire Council has taken further steps in the regeneration of Aylesbury, detailing progress in the development of two central sites aimed at enhancing the town’s public spaces and housing. The council’s commitment of £5 million towards revitalising the town centre includes transforming the site of a former bingo hall, which has remained vacant for years. […] Posted by: David Gilbank Read more