Report shows UK residential investment totals £2bn in Q2 2022 Jul 28, 2022 The UK residential sector recorded a total of £2bn of investment in Q2 2022, according to data from global real estate advisor CBRE. This represents a decrease of 20% when compared to the same period in 2021, when investment volumes reached £2.5bn. However, year-to-date transaction activity, combined with current pipelines, point to investment volumes reaching […] Posted by: Mya Driver Read more
Cheyne Capital lends £108m to Champneys Health Resorts Jul 21, 2022 Global alternative asset manager Cheyne Capital has today announced that it has provided a £108 million senior loan to Champneys Health Resorts, the largest owner and operator of Health & Wellbeing resorts in the UK. The loan will be used to re-finance and consolidate the group’s existing loan facilities. It will also support the group’s […] Posted by: Mya Driver Read more
Border to Coast announces final investments in first £5.7bn private markets programme Jul 18, 2022 Border to Coast Pensions Partnership (“Border to Coast”) has completed investment in its initial £5.7bn Private Markets programme (“Series 1”), successfully securing a diverse range of new investment opportunities for its Local Government Pension Scheme (LGPS) Partner Funds and delivering a c.24% reduction in fees. First launched in 2019, the three-year programme focused on infrastructure, […] Posted by: Mya Driver Read more
HSBC and Mount Street Group appointed to service Aviva Investors’ £50bn Real Assets business Jul 11, 2022 HSBC and Mount Street Group (“Mount Street”) announce that they have entered into a ten year strategic agreement with Aviva Investors for asset servicing arrangements for its Real Assets business, totalling £50 billion AUM. The mandate will see HSBC and Mount Street assume all fund administration and debt servicing functions on behalf of Aviva Investors’ […] Posted by: Mya Driver Read more
Puma Property Finance surpasses £1bn funding mark to UK development projects Jul 11, 2022 UKREiiF exhibitor Puma Property Finance has today passed £1 billion of funding to UK developers supporting projects in the residential, commercial and specialist sectors. This milestone has been hit amidst a new record year for the real estate lending sector, with lending volumes reaching £50 billion in 2021, the highest since 2015. Puma Property Finance, […] Posted by: Mya Driver Read more
Impact Healthcare REIT raised £22m ahead of acquiring six portfolios for £169m Jul 6, 2022 Impact Healthcare REIT has raised £22.3m in a placing and offer for subscription. The group said the proceeds would be used with existing resources to acquire a pipeline of care home investments. The group is in advanced negotiations to acquire six portfolios, consisting of 27 separate care homes, for a total of £169m. Existing resources include £70m of […] Posted by: Mya Driver Read more
Urban industrial investor and developer Bloom hires new development director Jul 5, 2022 Bloom, the ultra-urban industrial investor and developer, has appointed Chris Leonard, an experienced London industrial real estate development manager, as development director. Chris will lead the delivery of Bloom’s development programme with existing projects and pipeline opportunities. He will also be supporting the leadership team, headed by co-founders Tom Davies and Sam McGirr, on setting […] Posted by: Mya Driver Read more
Trammell Crow appoints new Head of European Logistics Capital Markets Jul 5, 2022 Trammell Crow Company (TCC), a leading global developer and investor in commercial real estate, has appointed Richard Fell as Head of European Logistics Capital Markets. With extensive experience in European equity and debt origination, Richard joins TCC from Clarion Partners Europe, where he spent the past three years as vice president for investments. In this […] Posted by: Mya Driver Read more
Home REIT adds 1,000 beds to portfolio with £92.3m of acquisitions Jul 4, 2022 Home REIT plc (ticker: HOME), which funds the acquisition and creation of high-quality properties across the UK that are dedicated to providing accommodation to homeless people, announces that it has deployed £84.9 million of the net proceeds raised in the Company’s significantly oversubscribed £263 million equity issue in May 2022 (the “Subsequent Placing”). In just […] Posted by: Mya Driver Read more
Palace Capital to become an ESG driven regional office specialist Jul 4, 2022 Palace Capital (LSE: PCA), the Main Market property investment company that owns a diversified portfolio of UK commercial real estate in carefully selected locations outside of London, announces an update from the Board on the strategic options it intends to pursue as part of its commitment to maximising value for shareholders and closing the current […] Posted by: Mya Driver Read more
