Bain Capital acquires majority share in data centre platform Oct 30, 2024 Bain Capital, one of the world’s leading private, multi-asset alternative investment firms, and Aquila Group, a private investment company and pioneer in sustainable assets, announce a significant partnership in the data centre sector. As part of the cooperation, Bain Capital is acquiring an 80% stake in AQ Compute, the data centre subsidiary of Aquila Group. […] Posted by: Mya Driver Read more
Government Budget: Major Boosts for Affordable and Social Housing Oct 28, 2024 The Deputy Prime Minister has written to Parliament to set out how this week’s Budget will support both affordable housing and social housing need. This week’s Budget will set out how the Government will deliver more affordable housing and ensure social housing is available for those who need it most. This will include an immediate […] Posted by: Deividas Krupstas Read more
Lidl secures £70 million deal to fund 12 new stores across the UK Oct 28, 2024 Lidl, the German discount supermarket chain, has finalised a significant £70 million sale-and-leaseback deal to fund the forward construction of 12 new stores across the United Kingdom. This landmark agreement supports Lidl’s ambitious expansion strategy in the UK, one of its key markets, as it seeks to increase its footprint and bring affordable, high-quality groceries […] Posted by: Deividas Krupstas Read more
Assura dispose of 12 assets for £25 million Oct 24, 2024 Assura has announced the completion of the disposal of 12 assets for cash proceeds of £25 million. The sale price is in line with the current book value of the assets and the proceeds will enable a partial repayment of the Group’s revolving credit facility. Disposal programme update The Company continues to make strong progress […] Posted by: Deividas Krupstas Read more
CPP and Kennedy Wilson JV to target £1bn UK single-family rental portfolio Oct 24, 2024 Canada Pension Plan Investment Board (CPP Investments) has partnered with global real estate investment company Kennedy Wilson (NYSE:KW) to launch a new single-family rental housing joint venture (“the JV”) in the United Kingdom. CPP Investments will initially commit £500 million, with Kennedy Wilson committing £56 million. The JV will have an initial target of approximately […] Posted by: Deividas Krupstas Read more
abrdn expecting new growth phase in the real estate sector fuelled by REITS, Rates and Rents Oct 24, 2024 Publishing its Q4 Real Estate House View, abrdn that said they believe that Real Estate has turned a corner and is moving into a new growth phase, with a rebound imminent as rate cuts start to come through. abrdn has upgraded its investment view on real estate from neutral to overweight for the first time […] Posted by: Deividas Krupstas Read more
Savills IM’s Simply Affordable Homes Fund Completes First Acquisition with PPHA Oct 22, 2024 Savills Investment Management’s (“Savills IM”) Simply Affordable Homes fund (“the Fund”) has completed its first acquisition of 100 homes from Park Properties Housing Association (“PPHA”). This is the first step in the Fund’s mission to increase the supply of high-quality Affordable housing in the UK. The acquisition is one of a series of planned completions […] Posted by: Deividas Krupstas Read more
Government announces action to “get a grip on spiralling HS2 costs” Oct 21, 2024 Action to “control the cost of HS2 and bring the project back on track” has been announced by the Transport Secretary Louise Haigh MP. The following press release was added to their website over the weekend to confirm changes and the Government’s thoughts behind them: – Just months into the role, Louise Haigh has warned […] Posted by: Deividas Krupstas Read more
Government launches British Infrastructure Taskforce Oct 18, 2024 Private finance experts met the Chancellor at No11 Downing Street today to boost investment in infrastructure and drive growth nationwide. Rachel Reeves convened the inaugural meeting of the British Infrastructure Taskforce as part of a new approach that involves government working with business to design policy that will unlock private investment, including by building business […] Posted by: Deividas Krupstas Read more
National Wealth Fund, Barclays UK Corporate Bank and Lloyds Banking Group join forces to unleash £1 billion to retrofit social housing Oct 18, 2024 The NWF has announced financial guarantees that will see Barclays UK Corporate Bank and Lloyds Banking Group deliver £1 billion of funding to accelerate the retrofit of social housing in the UK. Barclays UK Corporate Bank and Lloyds Banking Group will each deliver £500 million of lending to the market that has been enabled by […] Posted by: Deividas Krupstas Read more
