Barings commits £250m to financing commercial property deals Apr 13, 2021 Long-term investors Barings is committing £250m for commercial property loans deals in partnership with pensions and life insurance specialist The Phoenix Group. The agreement will see the two firms build a portfolio of investment grade buy-and-hold UK commercial mortgage loan assets across a range of sectors – industrial, residential and offices – diversified across Greater […] Posted by: Mark Flanagan Read more
Head of Economic Development joins UKREiiF Advisory Group Apr 13, 2021 Regional growth expert Jen Hartley is the latest member of the UKREiiF Advisory Group, which now includes 22 of the most prominent industry figures from the public and private sectors. Jen, who is currently Head of Economic Development at Newcastle City Council and Director at Invest Newcastle, joins a hugely representative list working on the […] Posted by: Mark Flanagan Read more
CEG benefit from Aviva’s £1bn green investment fund Apr 12, 2021 Aviva Investors has completed a £72.9m sustainable transition loan agreement with Commercial Estates Group (CEG), the property investment management and development company. The deal forms part of Aviva Investors’ commitment to originating £1bn in sustainable transition real estate debt over the next four years following the launch of the ‘green’ fund in December last year. […] Posted by: Mark Flanagan Read more
Perfect Circle strengthens its framework partnership team Apr 12, 2021 Property, construction, and infrastructure consultancy Perfect Circle has added two ‘core’ partners as it takes further steps to further integrate its extensive supply chain. Starting in 2017, Perfect Circle was highly productive in leading SCAPE’s four-year Built Environment Consultancy Services (BECS) framework, delivering more than 2,600 contracts across a public sector spend of £500m in […] Posted by: Mark Flanagan Read more
Man Group bids to finance 3,500 affordable homes by 2026 Apr 12, 2021 Global investment giants Man Group today announced its intention to raise £400m for a new community housing fund, having already received £20m from Homes England, the first time the QUANGO has committed to an agreement of this type. Man Global Private Markets’ first foray into the affordable housing market has attracted investments from the likes […] Posted by: Mark Flanagan Read more
‘A fantastic space for new and developing relationships to be forged’ Apr 12, 2021 Plans on how UKREiiF’s first three-day super conference and networking event will spread out across one of the most vibrant parts of central Leeds have been released by event organisers. The UK Real Estate Investment and Infrastructure Forum will take place next May (17-19) at the Royal Armouries and Leeds Dock area in the south […] Posted by: Mark Flanagan Read more
Investec’s student beds commitment passes £800m Apr 12, 2021 Leading asset managers Investec has furthered strengthened its position in the purpose-built student accommodation sector (PBSA) by financing a joint venture deal to build four properties in the UK. Since 2015, Investec has committed more than £820m of finance, funding a mix of domestic and international borrowers and the development of 19,500 beds across 53 […] Posted by: Mark Flanagan Read more
Government commits to upgrading facilities for pupils with special educational needs Apr 9, 2021 The government today (April 9) unveiled plans to invest £280m in school facilities designed to assist children with special educational needs and disabilities (SEND). Councils will receive the funding to create new places in schools, academies, colleges and early years settings. The funding will improve existing provision to create modern, fit-for-purpose spaces suited to a […] Posted by: Mark Flanagan Read more
Leading housing associations join forces to tackle low-carbon agenda Apr 9, 2021 Five of the UK’s leading housing associations have formed an energy efficiency partnership to improve the sustainability of their 300,000 homes. The Greener Futures Partnership (GFP) has been launched by Abri, Anchor Hanover, Home Group, the Hyde Group and Sanctuary Group, with a shared ambition to lower emissions and reduce fuel poverty. Peter Denton, Chief […] Posted by: Mark Flanagan Read more
Government opens bidding process on £7.4bn Affordable Homes Programme Apr 8, 2021 Homes England today launched the bidding process for potential strategic partners on its £7.4bn Affordable Homes Programme (2021-26). And for the first time private house builders can apply. Previous incarnations of the scheme have only been open to not-for-profit providers but the government has made it clear it will welcome applications from any organisation which […] Posted by: Mark Flanagan Read more
Government selects 16 FE colleges for capital investment Apr 8, 2021 Sixteen English colleges have today (April 8) been revealed as the latest to benefit from the government’s £1.5bn FE Capital Transformation Fund. First launched in September last year, 200 colleges were named in the first round of funding (£200m) so they could undertake immediate remedial work to refurbish their buildings. In January 2021, a second phase was […] Posted by: Mark Flanagan Read more
New data suggests 2021 set to be good year for construction Apr 6, 2021 The value of construction work that began in the first quarter of 2021 was 5% higher than the previous year according to data published today by Glenigan (April 6). The numbers are significant – the research covers developments valued at less than £100m – because the UK did not go into lockdown until March 26, […] Posted by: Mark Flanagan Read more
