Government’s £2.4bn support package for British firms investing overseas Apr 20, 2021 UK Export Finance (UKEF) provided more than £2.4bn of financial support to UK businesses investing in sustainable overseas projects last year according to new government data released today. At the outbreak of the pandemic it was unclear how many projects would continue to be financed but an independent assessment of national export credit agencies, released […] Posted by: Mark Flanagan Read more
Grimshaw’s mangrove-inspired design secures major Chinese deal Apr 16, 2021 A consortium led by Grimshaw Architects saw off some of biggest internationally-renowned design names to be chosen to develop a transport hub in southern Chinese city Shenzhen. The London-based firm’s plans, which were inspired by mangrove trees, were chosen ahead of those from the likes of Zaha Hadid and Foster and Partners. In total six […] Posted by: Mark Flanagan Read more
AXA’s modern office/homes investment fund attracts another €800m Apr 8, 2021 AXA IM’s alternative investments fund, which targets the development of modern office and residential assets in European big-city locations, has attracted a further €800m from investors during its first closing period. The French asset management giant’s ‘Alts’ fund has grown rapidly during its 20-year development and the latest round of capital investment fundraising, which is […] Posted by: Mark Flanagan Read more
New man at the helm for Knight Frank Apr 7, 2021 Global property consultancy Knight Frank today (April 7) announced it will have a new chairman and senior partner next year. William Beardmore-Gray will be stepping up from Head of the London Commercial and Global Occupier businesses to replace Alistair Elliott. The move will come into effect on April 1st, 2022 following an election in December. […] Posted by: Mark Flanagan Read more
Canadian pension fund refocuses on sustainable energy investments Apr 7, 2021 The powerful company managing the pension contributions of 20 million Canadians is intensifying its drive for sustainable energy opportunities by creating a new fund dedicated to that sector. The Canada Pension Plan Investment Board (CPP Investments) has almost $500bn of funds under management and last night announced it had formed the Sustainable Energy Group (SEG) […] Posted by: Mark Flanagan Read more
Lure of real estate still too attractive for institutional investors Mar 26, 2021 Nearly three-quarters of institutional investors plan to expand their real estate portfolios over the next five years according to new research carried out by asset management company Patrizia. The German real estate firm garnered responses from 222 clients and 72% said they were planning to increase real estate investments before 2026 with a focus on […] Posted by: Mark Flanagan Read more
AEW launches European life sciences strategy in Copenhagen Mar 18, 2021 International Investment specialists AEW has made its first acquisition in the European life science sector on behalf of its recently-launched, open-ended EUROCORE fund. The 32,755sqm, fully-let Sydmarken life sciences campus in Copenhagen will be the first of many. EUROCORE’s initial funding round closed on €415m of equity commitments and it aims to target a future-proof, […] Posted by: Mark Flanagan Read more
Aberdeen Standard issues new shares to cash in on European logistics bonanza Mar 10, 2021 The attractiveness of the global logistics market was once again reinforced today with the announcement of Aberdeen Standard European Logistics Income’s ‘non-pre-emptive’ issue of up to 18.45 million shares. The asset management giant (ASLI) is due to add its 15th warehouse development via a €28m acquisition in Poland. Once completed – expected this month – […] Posted by: Mark Flanagan Read more
AEW raises €475m to bolster logistics portfolio in France, Germany and the Netherlands Feb 25, 2021 American investment firm AEW is planning a €475m raid on logistics and light industrial targets across mainland Europe as the race to build warehouse space intensifies. The Boston-based company has accumulated assets in Europe worth €32bn and now has it sights set on filling the demand in major metropolitan areas of France, Germany and the […] Posted by: Mark Flanagan Read more
