The CEG Group completes refinancing of eight major office-led sites following £64.5m loan from OakNorth Nov 20, 2024 OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £64.5m loan to privately owned real estate investor, asset manager and developer, CEG. Founded by Gerard Versteegh in 1989 and with offices in London, Leeds, Birmingham and Cornwall, CEG specialises in the residential, office, industrial and strategic land sectors. Having won a host of […] Posted by: Mya Driver Read more
The voices of UK of real estate – British Property Federation (BPF) and Scottish Property Federation (SPF) – become Official UKREiiF Partners Feb 17, 2022 British Property Federation (BPF) and Scottish Property Federation (SPF) have been confirmed as official partners for the inaugural UKREiiF event, which takes place in Leeds on 17 – 19 May 2022 As official partners, the BPF and SPF will be able to share exclusive benefits to their membership which comprises organisations across the real estate […] Posted by: Mya Driver Read more
Thrive Homes and CBRE Housing Fund announce 1,000 home acquisition and development vision Jan 18, 2022 Leading professional landlord, Thrive Homes and leading global real assets investment manager, CBRE Investment Management on behalf of their UK Affordable Housing Fund (UK AHF) have completed on their first transaction together. CBRE Investment Management has acquired a portfolio of 117 affordable rent and shared ownership properties across six schemes in the Northern Home […] Posted by: Mya Driver Read more
Tilbury Douglas renews place on the NEPO Framework Jun 13, 2023 Tilbury Douglas has renewed its place on procurement group NEPO’s next-generation construction framework, which works with councils and public bodies. Tilbury Douglas has been appointed onto four lots: NEPO’s procurement solutions are the result of extensive consultation with the public sector, suppliers and end users, so that it delivers positive outcomes for the communities it […] Posted by: Mya Driver Read more
Town centre regeneration experts RivingtonHark join UKREiiF line-up Feb 8, 2022 RivingtonHark’s Executive Director Mark Williams has been announced as a headline speaker at UKREiiF – a three-day event which will bring together thousands of delegates comprising of investors, funders and developers who are all looking for new opportunities across the UK. Williams is set to speak on a discussion about the ‘Future of Retail and […] Posted by: Mya Driver Read more
Transport for the North unveils new chief executive Apr 19, 2021 Martin Tugwell has been appointed as Chief Executive of Transport for the North (TfN). Following agreement from the TfN Board, he will succeed Barry White, who is due to step down this month. Current Northern Powerhouse Rail Director, Tim Wood, will become Interim chief exec until Martin officially comes on board in the summer. Martin […] Posted by: Mark Flanagan Read more
Tritax Big Box Set to Acquire UKCM in a £924 Million Deal, Creating a £3.9 Billion Real Estate Powerhouse Feb 13, 2024 Tritax Big Box, a leading warehouse operator with major clients such as Ocado, Amazon, and B&Q, has announced its agreement to purchase UK Commercial Property REIT (UKCM) for £924 million. This strategic acquisition is poised to form a colossal real estate entity valued at £3.9 billion, boasting a combined property portfolio of £6.3 billion predominantly […] Posted by: Mya Driver Read more
Tungsten Properties signs transformative £250 million JV funding agreement with BC Partners Aug 5, 2022 Tungsten Properties, one of the UK’s leading industrial and warehouse developers, has signed a transformative joint venture funding agreement with BC Partners, a leading international investment firm, which will provide access to leveraged capital to fund development opportunity acquisitions. The newly formed joint venture company will invest up to £250 million to target single and […] Posted by: Mya Driver Read more
UK “offers investors better growth prospect than continental Europe” says Aviva Investors report Apr 20, 2022 UK real assets are expected to offer investors better growth prospects relative to continental Europe, according to the latest edition of the Real Assets House View by Aviva Investors, the global asset management business of Aviva plc (‘Aviva’). The research also identifies long income and fixed-rate debt as strategies most likely to provide best risk-adjusted […] Posted by: Mya Driver Read more
UK bridging sector set for post-Covid rebound Mar 9, 2022 The UK bridging sector is in rude health, and confidence is high for 2022, according to a recent survey of brokers undertaken by Glenhawk, with 84% of respondents saying that they expect to write more bridging business in 2022 than in 2021. Reflecting the defensive appeal of real estate as an asset class and the […] Posted by: Mya Driver Read more
UK Chancellor Rachel Reeves Announces Landmark Pension Reforms to Fuel Economic Growth and Investment Nov 14, 2024 UK Chancellor of the Exchequer, Rachel Reeves, has today unveiled a ground breaking overhaul of the nation’s pension system, a transformative initiative aimed at accelerating economic growth and bolstering investment in key sectors. This reform, described as the most substantial change to pensions in decades, centres on consolidating existing schemes into “pension megafunds,” creating a […] Posted by: Deividas Krupstas Read more
UK FinTech investment hits £28bn Feb 7, 2022 UK fintech firms attracted a record $37.3bn (£27.6bn) of investment last year, research shows. KPMG data has revealed that there was an almost sevenfold increase in financial backing for the fintech sector during 2021, up from $5.2bn. The sector attracted 601 merger and acquisition (M&A), private equity and venture capital deals during 2021, up from […] Posted by: Mya Driver Read more
