Built Environment Networking Blog: National News

29 UK Holiday Parks Up for Sale after RoyaleLife Group’s Administration

Following the financial downfall of RoyaleLife Group earlier this year, administrators are now actively looking for potential buyers for a portfolio of 29 residential caravan parks and related properties. Owned by billionaire Robert Bull, RoyaleLife faced administrative challenges this summer. Paul Davies, Sandra Mundy, and Tom Russell, from James Cowper Kreston, have taken on the […]

Posted by: Mya Driver

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Acorn Homes secures £5.9m Paragon funding for development

Acorn Homes has secured a £5.9 million finance facility from Paragon Bank’s Development Finance division to support the development of 44 new apartments in Taunton, Somerset. The Firepool scheme is located on the Firepool Lock regeneration site and consists of 21 one-bed, 17 two-bed and six three-bed apartments. Work has commenced on the development and […]

Posted by: Mya Driver

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Addleshaw Goddard announced as UKREiiF Partner

At the inaugural UKREiiF event in Leeds between 17-19 May 2022, Addleshaw Goddard will be the event’s official Registration Partner. International law firm Addleshaw Goddard has thrown their weight behind the inaugural UKREiiF event by becoming the official Registration Partner. The partnership will see Addleshaw Goddard, which works with over 3,000 major businesses every year, […]

Posted by: Mya Driver

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AEW launches UK Impact Fund

AEW, one of the world’s leading real estate investment and asset managers, announces the launch of its first, place-based impact investing strategy, the AEW UK Impact Fund (“UKIF” or the “Fund”). The strategy plays to the strengths of real estate’s role as a provider of social and community infrastructure, combining investments focused on social and […]

Posted by: Mya Driver

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Aldar and Carlyle to Enhance UK Logistics Network with £85 Million Investment in 14 Warehouses

In a strategic move aimed at bolstering the UK logistics sector, Aldar Properties, alongside investment powerhouse Carlyle, has earmarked £85 million for the acquisition and development of 14 key warehouse sites across the UK. This investment highlights the commitment of both firms to the strengthening and expansion of Britain’s logistics infrastructure amidst growing market demands. […]

Posted by: Mya Driver

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Aldi Targets Expansion in London, Penzance, Bath, and More: £1.4bn Investment Plan Unveiled

Aldi, the renowned supermarket chain, has unveiled its ambitious £1.4bn expansion plan, spotlighting key locations across Britain where it intends to establish new stores. The supermarket behemoth, which ranks as the fourth largest in Britain, has witnessed a surge in its customer base, attracting approximately one million additional shoppers over the last year. Celebrating the […]

Posted by: Mya Driver

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Align JV chooses unique onsite procurement solution to support HS2 construction

Align, the joint venture between Bouygues Travaux Publics, a subsidiary of Bouygues Construction, Sir Robert McAlpine, and VolkerFitzpatrick, a subsidiary of VolkerWessels that is delivering the Central 1 portion of HS2 Phase One, has chosen a next generation procurement delivery solution which can result in up to 70% reduction in carbon emissions previously caused by […]

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Alpha Real Capital acquires £86m energy portfolio

Real assets investment manager Alpha Real Capital has acquired Innova Energy, which has a solar energy portfolio totalling almost 62MW in the UK. The 17 PV projects, valued at £86m, are located across the UK and include extension and expansion rights. They generate about 540 gigawatt-hours of electricity a year, equivalent to powering 186,000 homes. […]

Posted by: Mya Driver

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AlphaReal and Just Group invest in over 100 health and childcare facilities assisting approximately 1,800 people

AlphaReal, the specialist secure income manager, has deployed £350 million of long income real estate backed investments over nine months on behalf of Just Group with a significant social infrastructure focus. The portfolio includes over 100 healthcare facilities that provide specialist care for patients with high acuity caring needs and childcare centres providing important support […]

Posted by: Mya Driver

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Alternative Credit Fund launched by London CIV

UKREiiF attendee London CIV has announced the launch of its Alternative Credit Fund. The Sub-fund was launched this month with three seed investors. Initial Assets Under Management (“AuM”) for the Sub-fund is £398m. The Sub-fund’s objective is to seek a return of SONIA +4.5%, net of fees, which it is expected to achieve by investing […]

Posted by: Mya Driver

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Amazon pledges to invest £1.8bn into UK digital infrastructure

The news comes as demand for digital infrastructure continues to rise as well as to bolster the country’s infrastructure assets, doubling AWS’ total investment in the UK. As of 2018, AWS had three availability zones in its London Region, as well as various edge locations across the UK which are connected to the AWS region […]

Posted by: Mya Driver

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