Golden Lane Housing receives £10million of funding from NatWest Nov 25, 2024 The funding will significantly help Golden Lane Housing’s long term growth strategy, bolstering their asset base and supporting further property acquisitions so that they can continue to meet the ever-growing need across the country in providing opportunities for people to live independently at the heart of their communities. Earlier this year, NatWest announced plans to […] Posted by: Deividas Krupstas Read more
Greykite acquires UK and European logistics portfolio in £290m deal Nov 22, 2024 Greykite European Real Estate Fund (the “Fund”) has acquired a large, geographically diversified 13 asset logistics portfolio, totalling 400,000 square meters, for €350 million, which commences the Fund’s European logistics strategy. The assets are strategically located in dominant, well-connected logistics hubs, mainly across Germany, France, and the UK. The portfolio is 98% occupied, has significant […] Posted by: Deividas Krupstas Read more
The CEG Group completes refinancing of eight major office-led sites following £64.5m loan from OakNorth Nov 20, 2024 OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £64.5m loan to privately owned real estate investor, asset manager and developer, CEG. Founded by Gerard Versteegh in 1989 and with offices in London, Leeds, Birmingham and Cornwall, CEG specialises in the residential, office, industrial and strategic land sectors. Having won a host of […] Posted by: Mya Driver Read more
Bain Capital closes global fund with over £7bn in investable capital Nov 19, 2024 Bain Capital has announced it has completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to circa £7.1 billion. This capital base includes Global Special Situations Fund II, which received £4.5 billion in total commitments, inclusive of co-investments and separately managed accounts, and £2.6 […] Posted by: Deividas Krupstas Read more
Clarion Partners agrees £200m million NAV line with NatWest Nov 19, 2024 Clarion Partners Europe, the real estate investment fund manager specialising in European logistics and industrial assets, has agreed a £200 million NAV Line facility with NatWest for one of its co-mingled funds, which reports under Article 8 of the SFDR. It represents the first transaction between the two parties. The NAV facility also represents the […] Posted by: Deividas Krupstas Read more
LondonMetric continues capital recycling selling £58 million of assets and acquiring a retail park for £10 million Nov 18, 2024 LondonMetric Property Plc announces that it has sold 24 properties across various non core sectors for a total consideration of £57.9 million, reflecting a 6% profit over prevailing book values. The sales include 22 LXi properties and comprise: Since 31 March 2024, LondonMetric has sold 52 assets for £209 million, reflecting a NIY of 7.6%. […] Posted by: Deividas Krupstas Read more
Sixth Street and Copley Point Announce Joint Venture for UK Industrial Real Estate Nov 14, 2024 Sixth Street, a leading global investment firm, and Copley Point Capital Limited (“Copley Point”), an owner and operator of UK industrial property, today announced the closing of a new joint venture targeting high-quality, mission-critical industrial real estate in established and supply-constrained logistics markets across the United Kingdom. The joint venture has signed definitive agreements on […] Posted by: Deividas Krupstas Read more
Assura plc Announces Significant Strategic Progress Nov 14, 2024 Assura plc (“Assura”), the UK’s leading diversified healthcare real estate investment trust (REIT), today releases its interim results for the six months ended 30 September 2024, reporting transformative strategic advances that strengthen its market-leading position and set the foundation for sustained long-term growth. Jonathan Murphy, CEO, said: “The first half of this financial year has […] Posted by: Deividas Krupstas Read more
A first timers guide to UKREiiF Nov 14, 2024 So, you’ve bagged your first ever UKREiiF ticket – now what? We know that attending a large-scale event like UKREiiF can feel a bit overwhelming, especially for first timers. That’s why we’ve crafted a helpful guide filled with top tips to make sure you feel ready and excited for May 2025. From what to expect […] Posted by: Mya Driver Read more
UK Chancellor Rachel Reeves Announces Landmark Pension Reforms to Fuel Economic Growth and Investment Nov 14, 2024 UK Chancellor of the Exchequer, Rachel Reeves, has today unveiled a ground breaking overhaul of the nation’s pension system, a transformative initiative aimed at accelerating economic growth and bolstering investment in key sectors. This reform, described as the most substantial change to pensions in decades, centres on consolidating existing schemes into “pension megafunds,” creating a […] Posted by: Deividas Krupstas Read more