Long Harbour to launch new PBSA Joint Venture Dec 12, 2023 Long Harbour, the specialist development and operational real estate firm, will expand its living sector focus into PBSA through a joint venture with Rosethorn Capital Partners. The strategy will be led by Rosethorn CEO Stephen Rigby, who brings more than ten years’ experience in PBSA. Stephen was a founder, and Chief Investment Officer at Student […] Posted by: Mya Driver Read more
Lord McLoughlin confirmed as Chair of Transport for the North Jan 26, 2022 The North’s political and business leaders have approved the appointment of Lord Patrick McLoughlin as the next Chair of the Transport for the North Partnership Board and Board. Lord McLoughlin has had an extensive career in UK politics for more than 30 years, serving as the Member of Parliament for Derbyshire Dales between 1986 and […] Posted by: Mya Driver Read more
LXi REIT secured nine acquisitions in £87m deal Feb 14, 2022 The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected long income REIT, is pleased to announce the following nine acquisitions, funded by its recent £250 million equity capital raise (the “Capital Raise”). The acquisitions, which have been transacted predominantly on an off-market basis with seven different vendors/developers, total £87 million and reflect an […] Posted by: Mya Driver Read more
M&G provides £200 million debt financing to resilient UK logistics and retail warehousing sectors Oct 3, 2024 M&G’s Real Estate Finance team (M&G) announces £200 million of prime refinancing deals in the retail warehousing and logistics sectors, capitalising on resilient tenant and investor demand against a backdrop of constrained supply in core markets. M&G is providing a £50 million construction loan (72.5% LTV) to PineBridge Benson Elliot for the ongoing development of […] Posted by: Deividas Krupstas Read more
M&G Real Estate acquires majority stake in leading value-add real estate fund manager BauMont Nov 4, 2024 M&G Real Estate today announces it has acquired a 65% stake in BauMont Real Estate Capital Limited (BauMont) – a leading European real estate fund manager specialising in value-add investment strategies in Western Europe. Established in 2017, BauMont’s 18-strong team is led out of Paris and London with €1.5 billion of assets under management and […] Posted by: Mya Driver Read more
M7 Capital provides £16.3 million loan to support acquisition of three retail assets Sep 21, 2022 M7 Capital (“M7C”), a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a c. £16.3 million loan to Willow Nominees Limited. The loan is secured against two modern retail parks and a shopping centre comprising multiple units extending to a total of c. 220,700 […] Posted by: Mya Driver Read more
Macquarie Asset Management acquires significant stake in Virtus Data Centres Aug 2, 2022 St Telemedia Global Data Centres (ST Telemedia) has reached an agreement for Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, to acquire a significant minority stake in leading data centre provider VIRTUS Data Centres (VIRTUS). VIRTUS provides colocation and cloud connectivity services to blue-chip clients, including global technology companies and enterprise clients. Its portfolio […] Posted by: Mya Driver Read more
Madison International Realty appoints new Chief Investment Officer Dec 14, 2021 Madison International Realty announced the appointment of Carey Flaherty as Chief Investment Officer, overseeing the firm’s Americas, UK and European investment activities. Flaherty, who joined Madison in 2003 and was named Co-CIO in 2017, will continue to be based in Madison’s headquarters in New York City. Madison International Realty specializes in providing liquidity solutions to […] Posted by: Mya Driver Read more
Major new housing developments on horizon as approvals rise Jun 13, 2023 While the housing market is suffering a slowdown right now, the prospects for major new housing developments have brightened spectacularly in recent months. Detailed planning approvals for large new housing developments – which are typically in urban areas and involve over 250 homes/flats – were worth £3,952 million in the three months to April, more […] Posted by: Mya Driver Read more
Manchester United: Sir Jim Ratcliffe Champions Northern National Stadium Feb 22, 2024 Manchester United’s new co-owner, Sir Jim Ratcliffe, has revealed plans to potentially construct a new stadium for the club, aiming to revitalise the north of England’s sporting landscape. The current home of the Red Devils, Old Trafford, with a capacity of 74,310, has been their base since 1910. However, Ratcliffe points out that the stadium […] Posted by: Mya Driver Read more
Mapletree Investments Makes First Logistics Acquisition in the UK Oct 11, 2024 Mapletree Investments, a leading Singapore-based real estate company, has made its first foray into the United Kingdom’s logistics sector with the acquisition of a logistics hub valued at £90 million. This marks a significant milestone in Mapletree’s ongoing strategy to expand its global logistics footprint beyond Asia. The newly secured logistics hub represents Mapletree’s commitment […] Posted by: Deividas Krupstas Read more
Mayor Brabin tells builders to brace for housebuilding boom Jul 10, 2024 Mayor Tracy Brabin has vowed to deliver a “new dawn” for housebuilding across West Yorkshire, by working in lock-step with local housing providers and the new government in Westminster. The West Yorkshire Housing Strategy 2040, the first of its kind for the region, has been unveiled on a visit to Saxton Lane in Leeds, where […] Posted by: Mya Driver Read more
