Palace Capital announce new Chairman Dec 16, 2021 Palace Capital is pleased to announce the appointment of Steven Owen as Chairman of its board of directors (the “Board”), with effect from 1 January 2022. Steven is the Non-Executive Chairman of FTSE 250 property investment group Primary Health Properties plc (“PHP”) having been appointed Chairman in April 2018. He was appointed to the Board […] Posted by: Mya Driver Read more
Panattoni Secures £625m loan facility for further UK projects Sep 19, 2024 Panattoni, the largest logistics developer in the UK and Europe, has successfully closed a £625 million development loan facility, which will support Panattoni’s strategic growth in the UK to invest in speculative development. Matthew Byrom, Managing Director at Panattoni remarks ”…this new £625m facility allows us to continue our ambitious growth plans for the UK […] Posted by: Deividas Krupstas Read more
PATRIZIA launches £75m fundraise for ESG-linked capex projects in flagship UK open-ended Core fund Mar 23, 2022 PATRIZIA, a leading partner for global real assets, has gone to market to raise up to GBP 75 million from new and existing investors on behalf of its flagship UK Core balanced fund, PATRIZIA Hanover Property Unit Trust (“Hanover” or the “Fund”). The capital will finance a capex programme delivering significant ESG-related improvements across the […] Posted by: Mya Driver Read more
Pension fund commits £48.5m to build renewable energy infrastructure Nov 12, 2024 Border to Coast Pensions Partnership (“Border to Coast”) has made the first commitment within its innovative UK Opportunities portfolio on behalf of Partner Funds, driving capital into the build of new renewable energy infrastructure. The LGPS pool, the largest asset manager outside London and Edinburgh, has committed £48.5m to Capital Dynamics’ Clean Energy UK Fund […] Posted by: Deividas Krupstas Read more
PIC completes £190 million buy-in of the Atradius UK Pension Scheme Nov 8, 2024 PIC, a specialist insurer of defined benefit pension schemes, has concluded a £190 million buy-in of the accrued benefits in the Atradius UK Pension Scheme (‘the Scheme’). The transaction secures the pensions of both deferred and pensioner members of the Scheme, along with benefits accrued to date for current active members. The Scheme is sponsored […] Posted by: Deividas Krupstas Read more
PIC completes £25 million full buy-in of the FSCS Pension Scheme Feb 3, 2025 PIC, a specialist insurer of defined benefit pension schemes, has concluded a £25 million full buy-in of the FSCS Pension Scheme (‘the Scheme’), sponsored by the Financial Services Compensation Scheme (‘the Employer’), the UK’s statutory compensation scheme for UK authorised financial services firms. The transaction secures the benefits of all 154 members, comprising 37 pensioners […] Posted by: Deividas Krupstas Read more
Plans for game-changing science innovation and research centre on the Isle of Man Feb 15, 2022 Leading regeneration and clean energy specialist Peel NRE, has announced ambitious proposals for a science innovation and research centre (SIRC), sustainable energy park and medicinal cannabis facility on land at Cooil Road, Braddan, Isle of Man. The proposals which follow a recent change in the legislation of cannabis production and exportation on the Isle of […] Posted by: Mya Driver Read more
Preparations for UKREiiF at Fever Pitch! May 14, 2024 Last Few days before UKREiiF 2024 begins! Preparations are in full swing at the Royal Armouries in Leeds as the city gears up to host The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) from the 21st to the 23rd of May, 2024. As the countdown to next Tuesday continues, the photos attached are beginning […] Posted by: David Gilbank Read more
Profitable Kier outlines path to debt-free existence Apr 21, 2021 The Kier Group today confirmed it was pushing ahead with a new share issue as it announced it has returned to half-year profits. The Manchester-based construction giants, fresh from selling its housebuilding arm Kier Living for £110m, has released details of its plans to raise in the region of £200m via the equity raise. Latest […] Posted by: Mark Flanagan Read more
ProsperCap Secures £66 Million Loan from Castlelake Nov 12, 2024 ProsperCap, a leading UK hospitality real estate group, has successfully secured a £66 million mortgage-secured loan from Castlelake, LP, underscoring a notable vote of confidence from institutional investors in the UK hospitality sector’s recovery and growth potential. This loan forms a crucial part of a broader refinancing initiative aimed at strengthening ProsperCap’s hotel portfolio and […] Posted by: Deividas Krupstas Read more
Puma Property Finance surpasses £1bn funding mark to UK development projects Jul 11, 2022 UKREiiF exhibitor Puma Property Finance has today passed £1 billion of funding to UK developers supporting projects in the residential, commercial and specialist sectors. This milestone has been hit amidst a new record year for the real estate lending sector, with lending volumes reaching £50 billion in 2021, the highest since 2015. Puma Property Finance, […] Posted by: Mya Driver Read more
Quadreal and Valor to invest additional £2.5bn into logistics assets Jan 25, 2022 UKREiiF attendee QuadReal Property Group (“QuadReal”) and pan-European urban logistics specialist Valor Real Estate Partners (“Valor”) have expanded their partnership with the launch of a second Joint Venture (the “JV”) to invest an additional €3 billion in urban logistics assets located primarily in UK, France and Germany. The new vehicle’s value-add and development strategy will […] Posted by: Mya Driver Read more
