Built Environment Networking Blog: National News

UK industrial sites prove appealing to Kennedy Wilson

Global asset management company Kennedy Wilson is set to double the value of its UK portfolio in just six months when it completes deals worth £140m in the next few weeks. The purchases will lift the American company’s industrial portfolio value to £440m, across 3.8 million sqft, and it is also targeting further acquisitions in […]

Posted by: Mark Flanagan

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Abu Dhabi fund to commit billions to innovative UK projects

The Abu Dhabi sovereign wealth fund that specialises in innovative companies is reportedly set to invest £4bn in life sciences, technology, clean energy, health and infrastructure in the UK over the next five years. The $232bn Mubadala fund was set up by the oil-rich Emirate’s rulers to diversify its interests and has been increasingly targeting […]

Posted by: Mark Flanagan

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Knight Frank bets on Fifth Wall’s European adventure paying dividends

Global property consultancy Knight Frank today announced it is investing in venture capitalist Fifth Wall’s $100m European Real Estate Technology Fund (ERETF). The Californian firm are hoping to accelerate innovation across European property sectors and replicate the success of its Fund I and Fund II, which were focused on investing primarily in US-based real estate […]

Posted by: Mark Flanagan

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Government commits £562m to decarbonising social housing

50,000 homes will be upgraded with green improvements from a £562m fund, the government announced today (March 23). The funding will enable more than 200 local authorities across England and Scotland to fund a nationwide upgrade of the UK’s least energy efficient and fuel-poor homes. This will help to transform over 50,000 low-income households and […]

Posted by: Mark Flanagan

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£7.5bn Affordable Homes programme opens door to new partnerships

Homes England this week began allowing companies and organisations to register as new partners in its £7.5bn Affordable Homes programme, the next phase of which is due to start later this year. The 2021-26 programme aims to build 180,000 homes outside London. A further £4bn has been made available by the government, under the control […]

Posted by: Mark Flanagan

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In-demand Supermarket REIT bolsters reserves by £150m

Supermarket REIT confirmed today it has raised £150m via its latest share issue to maintain its policy of aggressively buying up supermarkets that also act as warehouses for online services. The real estate investment trust had originally hoped to raise £100m but such was the demand the board authorised the 50% increase. The funds will […]

Posted by: Mark Flanagan

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‘The time is right for something different’

UKREiiF Advisory Group chair Lord Kerslake has held a variety of roles within the built environment industry during the last two decades, including Chair of housing association Peabody and Be First (the growth and regeneration agency for Barking and Dagenham). Here he outlines why the time is right for UKREiiF I’ve been involved in development […]

Posted by: Mark Flanagan

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Embracing the best aspects of attending online and in-person

UKREiiF will embrace interactivity at its three-day networking, exhibition and conferencing event in Leeds next year (May 17-19). While the Coronavirus pandemic forced events online, a raft of innovations, to help negate its effects, have created a different but highly effective user experience and the best of these will be utilised by the organisers of […]

Posted by: Mark Flanagan

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Government pledges more than £1bn to support low-carbon economy ambitions

An ambitious blueprint to deliver the world’s first low-carbon industrial sector and more than £1bn in funding to cut emissions from industry, schools and hospitals was unveiled by the Business and Energy Secretary today. Building on the Prime Minister’s ’10-Point Plan for a Green Industrial Revolution’ published last year, the new Industrial Decarbonisation Strategy sets out the […]

Posted by: Mark Flanagan

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Legal & General department head joins UKREiiF Advisory Group

Legal & General’s Pete Gladwell joined the UKREiiF Advisory Group this week to become its 19th member. Pete, who is L&G’s Head of Public Sector Partnerships, joins a host of senior public and private sector professionals advising on the inaugural three-day networking, exhibition and conference super event in Leeds next year (May 17-19). Chaired by […]

Posted by: Mark Flanagan

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