LendInvest signs £1.5 billion funding agreement with JP Morgan Sep 10, 2024 LendInvest plc, the UK’s leading platform for mortgages, announces that it has extended its existing Separate Account with JP Morgan by an additional £500 million to £1.5 billion. This funding will be used to support the growth of LendInvest’s Mortgages proposition. As a result, LendInvest now has more than £4.55 billion of Funds under Management, […] Posted by: Deividas Krupstas Read more
Joint Venture formed between Barratt Developments, Homes England and Lloyds Bank Sep 9, 2024 Barratt Developments PLC has entered into a joint venture with Homes England and Lloyds Banking Group to create MADE Partnership. MADE Partnership will focus on the master development of large sites, to help deliver thousands of much needed new homes across the country. MADE Partnership will act as master developer for multiple large scale, residential-led […] Posted by: Deividas Krupstas Read more
Far East Orchard Launches £100 Million Fund for UK Student Accommodation Development Aug 23, 2024 Far East Orchard has launched its first private fund in Singapore, the FE UK Student Accommodation Development Fund, which aims to invest in purpose-built student accommodation (PBSA) across Britain. The fund achieved an initial closing of £70 million on 22 August and targets a total commitment of £100 million. The fund’s first project is a […] Posted by: David Gilbank Read more
UK Government Launches New Towns Initiative to Boost Housing and Economic Growth Jul 31, 2024 The UK government has announced a bold initiative to develop a new generation of towns, aimed at stimulating economic growth and addressing the housing shortage. Led by the newly formed New Towns Taskforce, chaired by Sir Michael Lyons with Dame Kate Barker as Deputy Chair, the programme seeks to create large-scale communities of at least […] Posted by: Mya Driver Read more
MFS Secures Over £1bn in Institutional Funding to Boost Loan Growth Jul 22, 2024 Market Financial Solutions (MFS) has renewed and increased multiple institutional funding lines, securing over £1 billion to support its expanding loan book and enhance its product offerings. The new funding includes committed resources for long-term commercial real estate (CRE) loans, large loans of £5 million and above, and MFS Bridge Fusion loans with terms of […] Posted by: David Gilbank Read more
LGPS Investors Commit £150m to Octopus Affordable Housing Fund Jul 18, 2024 Octopus Investments has secured £150 million from four Local Government Pension Scheme (LGPS) investors for its Affordable Housing Fund. This investment aims to address the shortage of affordable homes and provide energy-efficient housing across the UK. The new commitments come from Avon Pension Fund and Gloucestershire Pension Fund, each contributing £50 million, Devon Pension Fund […] Posted by: Mya Driver Read more
Greater Manchester Pension Fund joins Henley Investment Management’s Secure Income Property Unit Trust Jul 16, 2024 Henley Investment Management (“Henley”), the international real estate investment and fund management firm, announces that Greater Manchester Pension Fund has committed to their Secure Income Property Unit Trust II (SIPUT II), a fund focused on UK social housing, generating secure income returns through real estate while also creating significant social value. The Greater Manchester Pension […] Posted by: Mya Driver Read more
OnLogistics Acquires Rugby-Based Exact Logistics Jul 11, 2024 OnLogistics, a Solihull-based company specialising in e-commerce and order fulfilment services, has acquired Exact Logistics, based in Rugby. Exact Logistics, founded in 2009 by Adam and Karen Shuter, offers palletised freight delivery services and has expanded to provide final mile distribution for European hauliers, mainly German, and has an in-house customs clearance team. Adam and […] Posted by: Mya Driver Read more
Mayor Brabin tells builders to brace for housebuilding boom Jul 10, 2024 Mayor Tracy Brabin has vowed to deliver a “new dawn” for housebuilding across West Yorkshire, by working in lock-step with local housing providers and the new government in Westminster. The West Yorkshire Housing Strategy 2040, the first of its kind for the region, has been unveiled on a visit to Saxton Lane in Leeds, where […] Posted by: Mya Driver Read more
UKREiiF Triumphs at the Conference and Events Awards 2024 Jul 5, 2024 UKREiiF (The UK’s Real Estate Investment & Infrastructure Forum) has pulled off a remarkable achievement at the Conference and Events Awards 2024. In just three years, UKREiiF has become a cornerstone for the UK’s real estate, investment, and infrastructure sectors, and caps a phenomenal rise by winning the hotly contested “Best UK Conference won Best […] Posted by: David Gilbank Read more