McLaren Forward Funds three projects worth £175m Jun 5, 2023 Brookfield-owned Student Roost, one of the UK’s largest purpose-built student accommodation providers, and McLaren Property, market leaders in residential and student property development, have agreed a forward funding deal of c£180 million for three new student accommodation schemes. McLaren Property will deliver a portfolio of 1,387 beds spread over three developments in two prime, regional […] Posted by: Mya Driver Read more
Clearbell acquires industrial portfolio from Palace Capital plc May 31, 2023 Clearbell Property Partners IV LP, a fund managed by Clearbell Capital LLP (Clearbell), has today announced the acquisition of six regional industrial assets from UK property investment firm Palace Capital plc for £34 million (£109psf), reflecting a net initial yield of 6.2%. The portfolio comprises six industrial and logistics assets located throughout the UK: Coventry, Avonmouth, Newbury, […] Posted by: Mya Driver Read more
Class Q development opportunities worth £1.3bn in current market May 25, 2023 The latest research from Searchland, the development site sourcing specialists, has revealed that there is an estimated £1.3bn worth of development potential currently held within Class Q sites across the market in England. Searchland analysed the number of Class Q sites currently available across England, the total building area they occupy and the current market […] Posted by: Mya Driver Read more
Align JV chooses unique onsite procurement solution to support HS2 construction May 22, 2023 Align, the joint venture between Bouygues Travaux Publics, a subsidiary of Bouygues Construction, Sir Robert McAlpine, and VolkerFitzpatrick, a subsidiary of VolkerWessels that is delivering the Central 1 portion of HS2 Phase One, has chosen a next generation procurement delivery solution which can result in up to 70% reduction in carbon emissions previously caused by […] Posted by: Mya Driver Read more
Unite Students reports strong early growth 2023 Jan 10, 2023 Unite Students this morning announces a trading update and Q4 Fund Valuations. The Group has seen a strong start to the 2023/24 cycle with an expected rental growth of at least 5% for the year, continuing to deliver high-quality properties to students across the country. Please see the highlights below: Guidance reiterated for adjusted EPS […] Posted by: Mya Driver Read more
UKREiiF achieves ISO20121 Event Sustainability Management Accreditation an inaugural event Nov 3, 2022 Built Environment Networking, the organisers behind The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), has official been given ISO20121 Event Sustainability Management Accreditation – following an onsite audit at the inaugural UKREiiF event in May. The accreditation looks to mitigate the impact events have on resources, society and the environment – whilst also relieving […] Posted by: Nathan Spencer Read more
M7 Capital provides £16.3 million loan to support acquisition of three retail assets Sep 21, 2022 M7 Capital (“M7C”), a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a c. £16.3 million loan to Willow Nominees Limited. The loan is secured against two modern retail parks and a shopping centre comprising multiple units extending to a total of c. 220,700 […] Posted by: Mya Driver Read more
Aviva Investors provides £105 million in refinancing for portfolio of regional logistics assets Sep 21, 2022 Aviva Investors, the global asset management business of Aviva plc, announces that it has provided £105 million of refinancing to South African specialist industrial REIT Equites Property Fund, secured against a portfolio of five regional distribution assets across the UK. The investment was made on behalf of Aviva UK Life’s annuity business. As part of […] Posted by: Mya Driver Read more
Kwarteng will announce planning deregulation zone policy on Friday Sep 20, 2022 Reports say Kwasi Kwarteng will announce plans for a number of low-tax investment zones, where planning rules and other regulations will be eased to boost development. The chancellor is expected to include plans for the new zones in Friday’s tax-cutting “mini-budget”. According to the Guardian, planning regulations will be relaxed in up to 12 places […] Posted by: Mya Driver Read more
Gresham House expands shared ownership portfolio with £50m HSPG partnership Sep 16, 2022 Gresham House, the alternative asset manager, has joined forces with top social impact real estate firm HSPG to build a portfolio of shared ownership and affordable housing. With the option for Gresham House to acquire HSPG’s shared ownership properties upon completion, the terms of the deal allow HSGP to sell the properties. The asset manager plans […] Posted by: Mya Driver Read more
