ISG Nears Sale as Parent Company Cathexis Finalises Deal Jul 5, 2024 ISG, the sixth-largest UK contractor, is on the verge of being sold by its parent company, Cathexis, after eight years of ownership. The potential buyer, who has not yet been named, is expected to invest heavily in the business. Cathexis Chief Operating Officer and ISG Chairman Matt Roche communicated to stakeholders that the sale is […] Posted by: David Gilbank Read more
Joint Venture formed between Barratt Developments, Homes England and Lloyds Bank Sep 9, 2024 Barratt Developments PLC has entered into a joint venture with Homes England and Lloyds Banking Group to create MADE Partnership. MADE Partnership will focus on the master development of large sites, to help deliver thousands of much needed new homes across the country. MADE Partnership will act as master developer for multiple large scale, residential-led […] Posted by: Deividas Krupstas Read more
Kennedy Wilson and CPP Investments Commit £213 Million to UK Single-Family Rental Housing Jan 30, 2025 Kennedy Wilson, in partnership with Canada Pension Plan Investment Board (CPP Investments), has invested £213 million in single-family rental housing in the United Kingdom. This investment marks a significant milestone in the companies’ joint venture, which was launched in October 2024 with an initial target of approximately £1 billion in asset value. The joint venture […] Posted by: Deividas Krupstas Read more
Kier Living to be reborn as Tilia Homes Apr 19, 2021 Kier’s recently-sold housebuilding arm will be rebranded as Tilia Homes. Over the weekend the property giant confirmed the £110m sale of Kier Living to financier Guy Hands, who will operate Tilia out of a new company – Foster BidCo Limited. The sale is subject to approval by shareholders next month and it is expected to […] Posted by: Mark Flanagan Read more
KKR and Baupost Purchase 33 Marriott International Hotels in the UK from ADIA Dec 4, 2024 Leading investment firms KKR and The Baupost Group today announced a joint venture to purchase a portfolio of 33 Marriott International hotels across the UK from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Amante Capital, KKR’s vertically integrated European hospitality platform, will serve as managing partner for the joint venture and […] Posted by: Deividas Krupstas Read more
KSL Capital Eyes £800m Divestiture of UK’s Village Hotels, Testing Hospitality Market’s Pulse Feb 19, 2024 KSL Capital Partners is set to explore the sale of its extensive Village Hotels portfolio, valued at approximately £800 million, marking a strategic pivot almost a decade after its acquisition for £485 million from De Vere Group. The American equity firm has engaged the services of Morgan Stanley to navigate this significant transaction, signaling a […] Posted by: Mya Driver Read more
Kwarteng will announce planning deregulation zone policy on Friday Sep 20, 2022 Reports say Kwasi Kwarteng will announce plans for a number of low-tax investment zones, where planning rules and other regulations will be eased to boost development. The chancellor is expected to include plans for the new zones in Friday’s tax-cutting “mini-budget”. According to the Guardian, planning regulations will be relaxed in up to 12 places […] Posted by: Mya Driver Read more
Landmark deal between Pinnacle Power and DIF Capital Partners enables critical investment for the UK Jul 4, 2023 The UK’s energy security is a top priority, and, as recognised in the Government’s ‘Powering up Britain: Energy Security Plan’, heat networks will play a crucial role in achieving this. To turbocharge the UK’s heat network capability a new partnership between Pinnacle Power and DIF Capital Partners will deploy town-and-city-scale heat networks to decarbonise tens […] Posted by: Mya Driver Read more
Landsec announced new £350m Green Bond issuance Sep 17, 2024 Landsec’s wholly-owned subsidiary, Land Securities Capital Markets PLC, has launched and priced a £350m Green Bond with a maturity of 10.0 years, paying a coupon of 4.625% and representing a spread of 97 basis points over the reference gilt rate, subject to final legal documentation. The new bond further strengthens Landsec’s financial position and extends […] Posted by: Deividas Krupstas Read more
Largest ever real estate deal at £17.5bn sees Blackstone recapitalise Mileway Feb 15, 2022 Blackstone (NYSE: BX), announced that existing investors in Mileway, its 14.7 million square meter pan-European last mile logistics company, have agreed to recapitalise the company for €21 billion alongside Blackstone’s Core+ strategy, and to hold the business for the long term. The recapitalisation remains subject to a “go-shop” process which will commence immediately. Over the […] Posted by: Mya Driver Read more
Legal & General to invest over £2bn in building 10,000 new homes Apr 8, 2022 Legal & General Retirement Institutional (“LGRI”) has announced plans to invest a further £2 billion of retirement funds into affordable housing over the next five years, helping to create more than 10,000 new homes nationwide. The investment, through Legal & General’s wholly owned subsidiary, Legal & General Affordable Homes (“LGAH”), will help to tackle the […] Posted by: Leon Newton Read more
Legal & General, Bruntwood & GMP Fund invest half a billion into UK’s science, tech & innovation economy Oct 16, 2023 Bruntwood SciTech, the UK’s leading specialist property provider, founded by Legal & General and Bruntwood in 2018 to support the growth of the life science and tech sectors, has secured £500 million of additional investment and welcomed the UK’s largest local authority pension fund, Greater Manchester Pension Fund (GMPF), to the partnership. GMPF is the […] Posted by: Mya Driver Read more
