Built Environment Networking Blog: National News

Harworth makes further key hires to deliver ambitious growth strategy

UKREiiF sponsor Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, is pleased to announce the appointment of Haroon Akram as Director of Strategy, Investment & Business Development, and Dan Needham as Development Director. These newly-created roles will be central to the delivery of Harworth’s strategy to double the […]

Posted by: Mya Driver

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HBD and Feldberg Capital launch joint venture

Feldberg Capital (Feldberg) and HBD, the development and investment arm of Henry Boot, have launched a new joint venture, Origin. A UK focused industrial and logistics platform, Origin will own and develop next generation, ESG compliant industrial and logistics assets predominantly in the mid box market. It will target c.£1 billion of high quality I&L […]

Posted by: Mya Driver

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HC-One Expands Portfolio with Acquisition of 36 Ideal Carehomes

HC-One has officially announced its acquisition of 36 Ideal Carehomes from Warwick Capital Partners and LNT Group. This strategic takeover not only expands HC-One’s presence in England but also promises the opening of an additional care home in Cheltenham come September 2024. HC-One, in its official statement, lauded Ideal Carehomes for its unwavering commitment to […]

Posted by: Mya Driver

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Helical announces plans to convert into REIT

Helical plc, a UK real estate investment company specialising in the redevelopment and refurbishment of highly sustainable, best-in-class London office buildings, is pleased to announce its intention to convert to a REIT with effect from 1 April 2022. As part of this process, Helical will notify Her Majesty’s Revenue & Customs of the Company’s intention […]

Posted by: Mya Driver

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Hines announces increased investment focus on Life Science sector

Hines, the international real estate firm, today shared that the firm will be placing a larger emphasis on investing in more life sciences sector opportunities. This market outlook is supported by the heightened focus the pandemic has placed on life sciences within the commercial real estate industry. To meet the new demand, Hines plans to […]

Posted by: Mya Driver

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Hines to launch new open-ended European real estate fund

Hines, the international real estate firm, is set to launch Hines European Property Partners (HEPP), its new diversified, open-ended core-plus fund focused on key European markets. Jorge Duarte, who joins Hines from Barings, has been appointed as Fund Manager. HEPP will leverage Hines’ expertise and boots on the ground presence in 16 offices across Europe […]

Posted by: Mya Driver

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Home REIT Auctions Off 76 Properties for £14.6 Million

Home REIT has completed the sale of 76 properties at a public auction realising a total of £14.6 million in gross proceeds. This sale at the auction, which took place yesterday, was reported to have yielded 12.4% less than the properties’ draft values from August 2023, as noted by the trust in a stock exchange […]

Posted by: David Gilbank

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Home REIT buys 158 properties for £57.4m

Home REIT, which helps to house homeless people, has purchased 158 properties throughout England for £57.4m. The company said the initiative was funded by the proceeds of its £263m equity issue in May, and has used £227m of this figure so far. Home said the properties have added a another 711 beds for those in […]

Posted by: Mya Driver

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Home REIT puts 40 properties up for £4.8 million

Home REIT PLC, a property investor specialising in accommodation for homeless people, has announced the sale of 40 properties for £4.8 million. This move comes after the company, which has faced several challenges including rent withholding by tenants, allegations of misleading shareholders, and being targeted by a short-seller, appointed AEW UK Investment Management LLP as […]

Posted by: Mya Driver

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Home REIT Sells Off 117 Properties at a Loss, More to Follow

Home REIT, the housing provider for the homeless, has disposed of 117 properties through a public auction on Valentine’s Day, incurring losses in the process. The company managed to gather gross proceeds of £5.6 million from the sale, which accounts for 1.4 per cent of its portfolio by value. The auction’s proceeds stood at £1.02 […]

Posted by: Mya Driver

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Home REIT set to deploy further £60m

Home REIT plc, which funds the acquisition and creation of high quality properties across the UK that are dedicated to providing accommodation to homeless people, announces that it has deployed a further £60.2 million of the proceeds raised in the Company’s significantly oversubscribed £350 million equity issue in September 2021 (the “Initial Issue”). £289.1 million […]

Posted by: Mya Driver

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