Built Environment Networking Blog: East of England News

Aedifica invests £13.5M in the construction of a care home

A forward acquisition of a care home is to be constructed in Biddenham (UK) for the Maria Mallaband Care Group with an investment of approx. £13.5 million. The care home will have a capacity of 60 residents. Stefaan Gielens, CEO of Aedifica, commented: “We are pleased to announce that Aedifica will invest approx. £13.5 million […]

Posted by: Mya Driver

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Allegra Care and Moorfield add 133 beds to partnership through acquisitions in Cambridgeshire and Suffolk

Allegra Care, a UK-focused care home operator, and UKREiiF attendee Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of two nursing, dementia and care homes in Cambridgeshire and Suffolk from Alysia Caring, adding a further 133 beds to the partnership’s […]

Posted by: Mya Driver

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Aviva Investors & Packaged Living to fund 101 single-family homes in Cambridge

Aviva Investors, the global asset management business of Aviva plc, announces it has agreed to forward fund the creation of 101 single-family homes in Cambridge, continuing its development partnership with Packaged Living, the UK’s leading sustainable living specialist. The homes, which will be delivered by Barratt Homes, the country’s largest housebuilder, will form part of […]

Posted by: Mya Driver

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Aviva Investors acquires Ipswich site to develop up to 163 single family homes with Packaged Living

Aviva Investors, the global asset management business of Aviva plc, announces it has acquired a site less than a mile from Ipswich town centre with planning for the development of over 163 family homes, as it continues to grow its UK single-family rental platform in partnership with Packaged Living, the specialist UK Build-to-Rent (BtR) developer. […]

Posted by: Mya Driver

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Bedford set for new social housing through £16m scheme

Meeting residential property demand, work has completed on a new social housing scheme in Bedford, which will see the area benefit from 75 affordable homes. The Saxon Park site, located on Dovecote Drive in Biddenham, provides prospective homeowners with flats, as well as terraced and semi-detached 2, 3, 4 and 5-bed homes just three miles […]

Posted by: Mya Driver

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Bruntwood and L&G seek new partner for SciTech arm

A new partner is being sought by Bruntwood and Legal & General for their sciences platform SciTech, it has been confirmed. An additional investor is set to be added to the 50:50 joint venture which currently has ten locations across England. It is understood that both Bruntwood and Legal & General are not seeking to […]

Posted by: Mya Driver

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Cain extends Jaynic logistics development loan to £19.25 million

Cain International (“Cain”), the privately held investment firm, has agreed an extended development finance facility of £19.25 million with Jaynic Property Group. Cain originally lent £13.8 million in February 2022 for the development of SP160, a 160,000 sq ft warehouse at Jaynic’s Suffolk Park logistics scheme to the east of Bury St Edmunds. It has […]

Posted by: Mya Driver

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Chancerygate’s latest urban logistics scheme gets approval

Developer Chancerygate has been granted planning permission to build around 58,000 sq ft of Grade A urban logistics and industrial space in Witham, Essex. Called Freebournes Park the speculative development will comprise 10 units ranging from 4,390 sq ft to 7,030 ft which are available on a leasehold basis. Construction of the scheme is set […]

Posted by: Mya Driver

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