Booming UK film and TV industry must double studio space within next 5 years report finds Apr 20, 2022 The UK will need an additional 6 million sq ft of film and television production space by 2026 if the sector is to keep pace with growing demand, according to the latest research from global real estate advisor Knight Frank. Knight Frank’s 2022 UK Film and TV Studio Market Report reveals that spending on UK […] Posted by: Mya Driver Read more
Residential Secure Income (ReSI plc) secures Orbit portfolio in £21m deal Apr 11, 2022 Residential Secure Income plc (ReSI plc), which invests in independent retirement living and shared ownership property to deliver secure, inflation-linked returns, has acquired 182 shared ownership homes from leading English housing association Orbit. The £21m transaction comprises 182 houses across 10 counties. This marks the second shared ownership tenanted transaction between ReSI plc and Orbit, following […] Posted by: Mya Driver Read more
Amazon pledges to invest £1.8bn into UK digital infrastructure Apr 11, 2022 The news comes as demand for digital infrastructure continues to rise as well as to bolster the country’s infrastructure assets, doubling AWS’ total investment in the UK. As of 2018, AWS had three availability zones in its London Region, as well as various edge locations across the UK which are connected to the AWS region […] Posted by: Mya Driver Read more
Legal & General to invest over £2bn in building 10,000 new homes Apr 8, 2022 Legal & General Retirement Institutional (“LGRI”) has announced plans to invest a further £2 billion of retirement funds into affordable housing over the next five years, helping to create more than 10,000 new homes nationwide. The investment, through Legal & General’s wholly owned subsidiary, Legal & General Affordable Homes (“LGAH”), will help to tackle the […] Posted by: Leon Newton Read more
Supermarket Income REIT looks to raise £175m to fund deals Apr 7, 2022 Supermarket Income REIT said it intends to raise £175m to buy some of its near-£600mln pipeline of supermarket properties. The real estate investment trust, which invests in omnichannel supermarket properties, set the issue price for the placing at 121p per share, a 4.3% discount to the last closing price and a 7.1% premium to its last reported EPRA net […] Posted by: Mya Driver Read more
Border to Coast launches £4bn Private Markets programme with Climate Opportunties offering Apr 7, 2022 Border to Coast Pensions Partnership (“Border to Coast”) has launched its second Private Markets programme (“Series 2”) with £4bn of commitments from its Partner Funds, bringing total commitments in the programme to date to £10bn. The first tranche of Series 2 commitments will be invested over the next year in infrastructure (£1.03bn), private equity […] Posted by: Mya Driver Read more
Feelgood Games launched by Pagabo Foundation to tackle mental health Apr 5, 2022 The PAGABO Foundation – national framework provider Pagabo’s charitable arm – has launched the Feelgood Games to encourage action as part of its commitment to supporting improved mental health within the construction industry. The fitness initiative aims to get the construction industry moving and highlight the value of exercise in maintaining better mental health. The foundation […] Posted by: Mya Driver Read more
New dawn for nuclear power in the UK – as seven new sites outlined Apr 4, 2022 UK could massively scale up its nuclear power capability by 2050 – with new stations having far greater capacity, it is understood. The Business Secretary has suggested six or seven new sites could be in operation by that point, with all but one of Britain’s existing plants set to be decommissioned by 2030. The PA […] Posted by: Mya Driver Read more
UKREiiF to influence and inspire the industry’s push towards Net Zero Apr 1, 2022 It’s quickly approaching 6-months since COP26 – and the message was incredibly clear, action was needed and it was needed now. Radical change was highlighted across the industry, from the new to bring more innovation into products and the supply chain, to having more focus on sustainability throughout construction, to the longer term legacy from […] Posted by: Mya Driver Read more
Nuveen enters UK affordable housing sector in partnership with Preferred Homes Mar 29, 2022 Nuveen Real Estate, one of the largest investment managers in the world, has announced its intention to enter the UK Affordable Housing sector on behalf of the TIAA General Account in a joint venture with Preferred Homes Limited (“PHL”), a for-profit Registered Provider of Affordable Housing, supported by Ashbourne Capital Partners (“ACP”), the UK based […] Posted by: Mya Driver Read more
