Shell to invest £25bn into green energy Mar 28, 2022 Shell has outlined plans for up to £25 billion of investment in the UK over the next decade, mainly aimed at low-carbon and renewable products and services. The Anglo-Dutch oil and gas group on Friday said it intends to spend between GBP 20 billion and GBP 25 billion on the UK energy system over the […] Posted by: Mya Driver Read more
Pantheon Infrastructure invests £40m in UK energy network Mar 28, 2022 Pantheon Infrastructure (PINT), a listed global infrastructure fund, has agreed to invest approximately GBP40 million alongside a Macquarie Asset Management-led consortium, which has agreed to acquire a 60 per cent stake in the UK gas transmission and metering business of National Grid. The business owns and operates the UK’s regulated national gas transmission system and […] Posted by: Mya Driver Read more
UK industrial rental growth to continue to outpace other sectors Mar 28, 2022 Rental growth in the UK industrial & logistics sector is set to continue to outpace both the office and retail sectors over the next five years, according to the latest research from global real estate advisor Knight Frank. Knight Frank’s 2022 UK Logistics Market Outlook Report reveals that industrial rents are expected to rise an […] Posted by: Mya Driver Read more
PATRIZIA launches £75m fundraise for ESG-linked capex projects in flagship UK open-ended Core fund Mar 23, 2022 PATRIZIA, a leading partner for global real assets, has gone to market to raise up to GBP 75 million from new and existing investors on behalf of its flagship UK Core balanced fund, PATRIZIA Hanover Property Unit Trust (“Hanover” or the “Fund”). The capital will finance a capex programme delivering significant ESG-related improvements across the […] Posted by: Mya Driver Read more
Sirius Real Estate set to convert to REIT Mar 22, 2022 Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the UK, announces that it intends to convert its UK business to a UK Real Estate Investment Trust (“REIT”) from 1 April 2022. The proposed REIT conversion follows the Company’s UK acquisition […] Posted by: Mya Driver Read more
Mubadala commits further £300m to support CityFibre growth plans Mar 21, 2022 CityFibre shareholder Mubadala Investment Company has committed a further £300m in equity to support its participation in Building Digital UK’s (BDUK) ‘Project Gigabit’ rural programme. The new equity commitment, enabled by the infrastructure vertical of the UAE/UK Sovereign Investment Partnership, builds on Mubadala’s initial £500m investment into CityFibre in September 2021. The investment company has […] Posted by: Mya Driver Read more
UK bridging sector set for post-Covid rebound Mar 9, 2022 The UK bridging sector is in rude health, and confidence is high for 2022, according to a recent survey of brokers undertaken by Glenhawk, with 84% of respondents saying that they expect to write more bridging business in 2022 than in 2021. Reflecting the defensive appeal of real estate as an asset class and the […] Posted by: Mya Driver Read more
Flurry of new appointments by developer Chancerygate Mar 8, 2022 Industrial property developer and asset manager Chancerygate has announced five new appointments as the company continues to expand its operations throughout the UK. Darren Jeal and Paul Stayte have joined as project managers and are based in Chancerygate’s Birmingham and Bristol offices respectively. The company’s finance team has been further strengthened by Mukkarram Ali who […] Posted by: Mya Driver Read more
Report reveals UK’s impact investment market worth £58bn Mar 3, 2022 New research by the Impact Investing Institute has revealed the first estimate of the total size of the UK’s impact investment market. The report in collaboration with accountancy firm EY, titled “Estimating and describing the UK impact investing market”, revealed the estimated size of the market in 2020 was £58 billion, representing an estimated 3.3-8% […] Posted by: Mya Driver Read more
UKREiiF sets new industry benchmark on inclusivity and sustainability with major Social Value drive Mar 3, 2022 The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF), a major new conference and exhibition taking place in Leeds from 17-19 May, has embarked on an expansive social value campaign aimed at making it one of the most inclusive and sustainable events in the real estate and infrastructure industry. The three-day event, which will welcome […] Posted by: Mya Driver Read more
