ProsperCap Secures £66 Million Loan from Castlelake Nov 12, 2024 ProsperCap, a leading UK hospitality real estate group, has successfully secured a £66 million mortgage-secured loan from Castlelake, LP, underscoring a notable vote of confidence from institutional investors in the UK hospitality sector’s recovery and growth potential. This loan forms a crucial part of a broader refinancing initiative aimed at strengthening ProsperCap’s hotel portfolio and […] Posted by: Deividas Krupstas Read more
Pension fund commits £48.5m to build renewable energy infrastructure Nov 12, 2024 Border to Coast Pensions Partnership (“Border to Coast”) has made the first commitment within its innovative UK Opportunities portfolio on behalf of Partner Funds, driving capital into the build of new renewable energy infrastructure. The LGPS pool, the largest asset manager outside London and Edinburgh, has committed £48.5m to Capital Dynamics’ Clean Energy UK Fund […] Posted by: Deividas Krupstas Read more
Brookfield set to sell £390m of Tritax EuroBox assets to SEGRO Nov 12, 2024 On 4 September 2024, the boards of Tritax EuroBox and SEGRO made an announcement pursuant to Rule 2.7 of the City Code that they had reached agreement on the terms of a recommended all-share offer for the entire issued and to be issued share capital of Tritax EuroBox by SEGRO, to be implemented by way […] Posted by: Deividas Krupstas Read more
PIC completes £190 million buy-in of the Atradius UK Pension Scheme Nov 8, 2024 PIC, a specialist insurer of defined benefit pension schemes, has concluded a £190 million buy-in of the accrued benefits in the Atradius UK Pension Scheme (‘the Scheme’). The transaction secures the pensions of both deferred and pensioner members of the Scheme, along with benefits accrued to date for current active members. The Scheme is sponsored […] Posted by: Deividas Krupstas Read more
£750m JV formed between Greykite and Gatehouse IM to invest into Single-Family Rental Nov 5, 2024 Greykite European Real Estate Fund I (the “Fund”) and Gatehouse Investment Management have formed a joint venture to invest in purpose-built single-family rental (SFR) homes across the UK, and have acquired an initial seed portfolio across 11 sites, in the Midlands, Yorkshire and the North East, from leading housebuilder Persimmon Homes. The portfolio will be […] Posted by: Deividas Krupstas Read more
Muse and PIC form public-private partnership to deliver thousands of affordable homes Nov 4, 2024 A significant long-term public-private partnership, focussed on affordable housing delivery, has been announced by Pension Insurance Corporation, a major investor in UK housing and infrastructure, nationwide place maker, Muse, and Homes England, the Government’s housing and regeneration agency. The new public-private partnership, named Habiko, is a joint venture that plans to deliver 3,000 low-carbon, low-energy […] Posted by: Mya Driver Read more
M&G Real Estate acquires majority stake in leading value-add real estate fund manager BauMont Nov 4, 2024 M&G Real Estate today announces it has acquired a 65% stake in BauMont Real Estate Capital Limited (BauMont) – a leading European real estate fund manager specialising in value-add investment strategies in Western Europe. Established in 2017, BauMont’s 18-strong team is led out of Paris and London with €1.5 billion of assets under management and […] Posted by: Mya Driver Read more
Citu and Urban Splash Residential Fund announce £200m partnership Nov 1, 2024 The Urban Splash Residential Fund (USRF), and its Investment Adviser SURE Capital Partners, have entered into a significant new partnership with sustainable developer Citu, signing a Memorandum of Understanding (MoU) worth £200m. The arrangement gives USRF priority access to Citu’s pioneering properties and single family homes across Yorkshire for the next five years, marking a […] Posted by: Mya Driver Read more
Investors Thriving Investments and Gresham House form affordable housing JV Nov 1, 2024 Thriving Investments, the socially conscious fund manager which is part of the Places for People (PfP) group and is focused on the UK Living sector, has formed a partnership with Gresham House, the specialist alternative fund manager, to create a new UK-leading affordable housing fund management platform. The partnership will manage Gresham House Residential Secure […] Posted by: Mya Driver Read more
United Living Group acquires PiLON Oct 30, 2024 United Living Group, the provider of infrastructure, affordable housing, property services, and telecoms, is pleased to announce the acquisition of PiLON, a leading property services business operating in the social housing sector. Established 20 years ago, PiLON specialises in planned maintenance, compliance and refurbishment of assets owned and managed by social housing providers. The Company operates […] Posted by: Mya Driver Read more
