Orchard Street’s £400 Million Impact Fund Announces Major Acquisition of Aylesford’s Euroway Trade Park Aug 30, 2023 In a significant development in the UK real estate market, Orchard Street Investment Management has confirmed the acquisition of the Euroway Trade Park in Aylesford through its £400 million Impact Fund. This move underscores the fund’s commitment to high-value real estate investments and its strategic vision for the future. Located strategically near key motorways, the […] Posted by: Mya Driver Read more
MCR Property Group gets refinance for Luton Resi with £11m QIB UK deal Aug 24, 2023 MCR Property Group, one of the UK’s most prominent independent property investment and development companies, has successfully completed refinancing of the Stockwood Gardens residential scheme in Luton, under an £11m deal. This latest development for the leading independent property investment and development company marks a huge step forward in the Private Rental Sector (PRS) market […] Posted by: Mya Driver Read more
Paragon Bank Funds £26m for 170-Unit Housing Scheme in Essex Aug 23, 2023 Paragon Bank has entered into a financial agreement with Chase Homes, offering a £26 million package to back a housing project in Saffron Walden, Essex. This initiative will comprise 170 housing units. The funding package, which includes a £24 million revolving credit facility and a £2 million VAT support package, will enable the acquisition of […] Posted by: Mya Driver Read more
Hundreds of new homes for Oxford as redevelopment plans agreed Aug 16, 2023 Plans to build hundreds of affordable homes, retail spaces and community facilities in the heart of Oxford’s Blackbird Leys were given the green light by the council’s planning committee last night (Tuesday 15 August). The plans by housing association Peabody (formerly Catalyst) and development partner Oxford City Council include 294 homes across two sites. A […] Posted by: Mya Driver Read more
Picture Living Recycles Capital through Portfolio Sale to Invest £23m in Essex’s Housing Future Aug 16, 2023 In a strategic move to target new single-family homes, Picture Living has sold two portfolios, Spark and Seville, enabling the recycling of capital. Following this sale, the company has pledged £23 million to support two private rented sector (PRS) developments in Essex. This investment marks a significant step in Picture Living’s mission to provide high-quality […] Posted by: Mya Driver Read more
PfP Capital’s flagship PRS strategy to forward fund two single family rental schemes in Essex Aug 15, 2023 Picture Living has committed £23 million to forward fund two single family residential schemes in Essex, which will deliver 63 high quality homes for rent. In Coggeshall, north Essex, Vistry Group will deliver 36 homes, the first of which will be available at the start of 2024. Residents will enjoy a countryside market town location, […] Posted by: Mya Driver Read more
Oxpens Development in Oxford Moves Forward with Ambitious Plans Aug 14, 2023 The Oxpens development in Oxford, designed by Hawkins Brown, is moving forward with ambitious plans for the city. The 15-acre riverside site is set to host nearly 500 homes, 500,000 sq ft of office space, and a 250-bed hotel. The developer, Oxwed, a joint venture of Nuffield College and the city council, submitted an outline […] Posted by: Mya Driver Read more
Macquarie Asset Management agrees to acquire majority stake in Southern Water Aug 11, 2023 Macquarie Asset Management has today announced it has reached an agreement to acquire a majority stake in Southern Water Services Limited (‘Southern Water’). Southern Water provides essential services to 2.6 million water and 4.7 million wastewater customers across Kent, Sussex, Hampshire, and the Isle of Wight. Under the agreement reached with Southern Water’s existing shareholders, […] Posted by: Mya Driver Read more
Approval secured for one of Europe’s largest Life Science campuses in Stevenage Aug 11, 2023 UBS Asset Management and Reef Group (Reef) have received approval to create one of Europe’s largest life science campuses in Stevenage, Hertfordshire. The decision from Stevenage Borough Council’s planning committee paves the way for the new Life Sciences hub to be delivered alongside GSK’s existing Global R&D facility and the vibrant ecosystem at Stevenage Bioscience […] Posted by: Mya Driver Read more
£Billions of development set for Greenbelt Lands in England Aug 7, 2023 In various parts of England, including Surrey, Somerset, and West London, plans are underway to develop former greenbelt lands into housing communities. These developments aim to address the growing demand for housing in the country. Surrey’s New Town A significant 284-acre stretch of former greenbelt land in Surrey is being transformed into a ‘new town’ […] Posted by: Mya Driver Read more