Savills IM’s Simply Affordable Homes Fund Completes First Acquisition with PPHA Oct 22, 2024 Savills Investment Management’s (“Savills IM”) Simply Affordable Homes fund (“the Fund”) has completed its first acquisition of 100 homes from Park Properties Housing Association (“PPHA”). This is the first step in the Fund’s mission to increase the supply of high-quality Affordable housing in the UK. The acquisition is one of a series of planned completions […] Posted by: Deividas Krupstas Read more
SCAPE launches £4bn frameworks to unlock low carbon utilities infrastructure Jan 30, 2024 SCAPE are pleased to launch their new Utilities Works and Services frameworks, designed to empower utility sector organisations to shape their utilities projects and programmes through an accelerated, direct award model. A £3bn framework covers England, Wales and Northern Ireland and a separate dedicated £1bn framework will serve Scotland. Appointments to our new Utilities Works […] Posted by: Mya Driver Read more
Schroders adopts further sustainability requirements to 10 investment funds Dec 2, 2024 Schroders, the global investment manager, today announces plans to adopt the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) labels across 10 of its funds, reflecting the integrity and robustness of its sustainable and impact investment approach. As part of today’s announcement, the Schroder Sustainable Bond Fund will become one of the first bond funds […] Posted by: Deividas Krupstas Read more
SEGRO prices £420m of 8-year bonds Sep 18, 2024 SEGRO has announced the pricing of a £420m senior unsecured bond issue for an eight-year term priced at 123 basis points above euro mid-swaps with an annual coupon of 3.5 per cent. The bond issuance was over six times subscribed at peak. The proceeds of the issue will principally be used to refinance existing indebtedness, […] Posted by: Deividas Krupstas Read more
SEGRO Reports Robust Rent Roll Growth and Strategic Disposals in 2023 Trading Update Oct 18, 2023 SEGRO plc, a prominent player in the industrial property sector, has released its trading update for the period spanning from 1 January 2023 to 17 October 2023. The update paints a picture of a company on an upward trajectory, with significant rent roll growth and strategic disposals. Key Highlights: – SEGRO is poised for a […] Posted by: Mya Driver Read more
Shell to invest £25bn into green energy Mar 28, 2022 Shell has outlined plans for up to £25 billion of investment in the UK over the next decade, mainly aimed at low-carbon and renewable products and services. The Anglo-Dutch oil and gas group on Friday said it intends to spend between GBP 20 billion and GBP 25 billion on the UK energy system over the […] Posted by: Mya Driver Read more
Simon Carter Acquires British Land Company Shares May 17, 2024 Simon Carter, an insider at British Land Company PLC has purchased shares of the company’s stock. The transaction saw Carter acquire the shares at an average price of 404 pence per share. British Land’s stock opened at 405 pence on Friday. Over the past year, the company’s shares have fluctuated between a low of 287.30 […] Posted by: David Gilbank Read more
Simon Rhodes makes switch to UKREiiF and Built Environment Networking Jul 21, 2021 Built Environment Networking, the UK leader in providing real estate and infrastructure conferencing and events and creator of UKREiiF, has appointed Simon Rhodes as Group Sales Director. Real estate and infrastructure conferencing and events business Built Environment Networking (BEN) has made a senior hire – appointing Simon Rhodes, who had previously spent almost 20 years […] Posted by: Nathan Spencer Read more
Sirius Real Estate Raises £150 Million to Boost Property Acquisitions Jul 11, 2024 Sirius Real Estate has announced the successful raising of £150 million to support its property acquisition strategy. The company revealed that it would issue shares at 94p, a slight discount to the closing price on Wednesday. Additionally, Sirius Real Estate is conducting a retail offer of stock via the PrimaryBid platform, which could generate an […] Posted by: Mya Driver Read more
Sirius Real Estate set to convert to REIT Mar 22, 2022 Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the UK, announces that it intends to convert its UK business to a UK Real Estate Investment Trust (“REIT”) from 1 April 2022. The proposed REIT conversion follows the Company’s UK acquisition […] Posted by: Mya Driver Read more
Six Local Authorities Join ACCESS UK Core Fund Oct 1, 2024 The ACCESS UK Core Fund has announced the addition of six new local authorities, significantly broadening the participant base in this real estate-focused investment vehicle. Norfolk, East Sussex, Suffolk, Cambridgeshire, Isle of Wight, and Hertfordshire councils have officially joined the fund, reinforcing the trend of Local Government Pension Schemes (LGPS) pooling resources for improved efficiency […] Posted by: Deividas Krupstas Read more
Sixth Street and Copley Point Announce Joint Venture for UK Industrial Real Estate Nov 14, 2024 Sixth Street, a leading global investment firm, and Copley Point Capital Limited (“Copley Point”), an owner and operator of UK industrial property, today announced the closing of a new joint venture targeting high-quality, mission-critical industrial real estate in established and supply-constrained logistics markets across the United Kingdom. The joint venture has signed definitive agreements on […] Posted by: Deividas Krupstas Read more
