Silbury provides £43m in loans to unlock Aldgate and Bath developments Jan 25, 2022 Silbury Finance (“Silbury”), the development lender backed by Oaktree Capital Management, has provided two senior loans, totalling £43 million, to fund the development of two residential schemes in Aldgate and Bath. Reflecting Silbury’s commitment to funding new developments that meet the highest environmental standards, both loans include a discount on the exit fee for the […] Posted by: Mya Driver Read more
Orchard Street completes acquisition of multi-let industrial estate in central Bristol for £30 million Jan 10, 2022 Orchard Street Investment Management, the specialist commercial property investment manager, has completed the acquisition of City Business Park, a prime multi-let industrial estate in central Bristol for £30 million. The asset was acquired from LaSalle Investment Management on behalf of St James’s Place Property Unit Trust. Located within close proximity to Bristol’s city centre, the […] Posted by: Mya Driver Read more
Aviva Investors providers £100m of additional funding to Truespeed – to deliver full fibre networks to communities Jan 10, 2022 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has provided up to an additional £100 million of funding to Truespeed, to extend the roll-out of the Bath-based provider’s ultrafast, gigabit-capable full fibre network across South West of the UK. It is the second investment made by Aviva Investors managed funds […] Posted by: Mya Driver Read more
MEPC get green light for Bristol office development Dec 21, 2021 Plans for three new office blocks around a ruined church at the edge of Castle Park in Bristol have got the go-ahead from city planners. Developer MEPC can now proceed with its plan to replace three former 1960s bank buildings at the corner of Wine Street and High Street with one nine-storey and two eight-storey […] Posted by: Mya Driver Read more
Eutopia Homes acquire 8-acre site for £70m residential scheme Dec 13, 2021 Eutopia Homes is planning on bringing forward proposals early next year for up to 300 homes in a mix of single-family homes for rent, alongside city centre flats adjacent to Gloucester City train station. The deal is the third Eutopia Homes has made with Network Rail, following previous transactions for Exmouth Junction in Exeter. Scott Hammond, […] Posted by: Mya Driver Read more
Octopus Real Estate provides £27m loan to refinance Exeter office campus Dec 13, 2021 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has completed a £27 million loan secured on a 170,000sq ft office scheme in Exeter. The loan has refinanced Winslade Park and will provide additional funds to the borrower as they deliver the refurbishment and letting of further […] Posted by: Mya Driver Read more
Conygar set to acquire 15-acre Bristol site Dec 9, 2021 The Conygar Investment Company PLC has announced today that it has entered into a non-binding exclusivity agreement with Wholesale Fruit Centre (Bristol) Limited regarding the potential acquisition of a 14.7 acres development at the Bristol Fruitmarket Site in the St Philips Marsh area of Bristol, one mile to the east of Bristol Temple Meads. The initial […] Posted by: Mya Driver Read more
