BP to invest £50m in new global battery R&D centre Aug 1, 2022 BP today unveiled plans to invest up to £50 million (around $60 million) in a new, state-of-the-art electric vehicle (EV) battery testing centre and analytical laboratory in the UK. BP has previously announced its intention to invest up to £18 billion in the UK’s energy system by the end of 2030; this additional new investment […] Posted by: Mya Driver Read more
Brownfield Sites Across England Could House Almost 1.5 Million Homes Aug 15, 2023 Brownfield sites across England have the potential to house almost 1.5 million homes, with Greater London, the West Midlands, and Greater Manchester home to the largest proportion of brownfield land in the current market. Currently, there are an estimated 26,670 brownfield plots located across the nation. According to the CPRE, the average brownfield site can […] Posted by: Mya Driver Read more
Bruntwood signs £280m sustainable-linked loan facility with Aviva Investors Jul 5, 2021 The 15-year deal sees the company consolidate and extend the maturity of its long-term funding facilities until 2036 by refinancing an existing credit line and extending the term of the existing £121m Aviva facility, originally due to mature in 2031. As it continues to accelerate its decarbonisation as part of its net zero goals for […] Posted by: Nathan Spencer Read more
Built environment “in urgent need of regeneration” Dec 2, 2021 Debate is raging on what the city of the future will look like, with the pandemic serving to hasten many of the trends that were already reshaping our urban landscape and real estate markets. JLL’s report ‘Regeneration Shaping the built environment to create value for all’ shows the opportunity and accountability for real estate to […] Posted by: Mya Driver Read more
Caddick Group and Moda launch UKREiiF Pavilion programme focused on taking the industry’s ESG agenda to the next level Apr 25, 2022 Caddick Group and Moda Living have announced a major three-day programme of activity at UKREiiF – the UK’s Real Estate Investment and Infrastructure Forum – where they will delve into the ESG agenda and challenge the industry to push towards the next generation of communities within their Next Generation Futures Pavilion. Caddick Group has numerous […] Posted by: Nathan Spencer Read more
Capita sells real estate and infrastructure consultancy business to WSP in £60m deal Aug 2, 2022 Capita plc (‘Capita’) today announces that it has agreed to sell two real estate and infrastructure consultancy businesses to WSP for £60m on a cash-free, debt-free basis. Taking into account cash-like and debt-like items, Capita expects to receive proceeds of c.£69m at completion. The sale comprises two businesses: Capita Real Estate and Infrastructure (‘REI’) and […] Posted by: Mya Driver Read more
CBRE Acquires Sovereign Centros, a leading UK Asset Management and Development Management Business Nov 3, 2023 CBRE today announced the acquisition of one of the UK’s leading asset management and development management business, Sovereign Centros. This acquisition will enhance CBRE’s asset management and development management capability, particularly within retail, expanding the company’s client relationships and growing its expertise across sectors. Sovereign Centros focuses on shopping centres and retail parks, leisure and […] Posted by: Mya Driver Read more
Cheyne Capital lends £108m to Champneys Health Resorts Jul 21, 2022 Global alternative asset manager Cheyne Capital has today announced that it has provided a £108 million senior loan to Champneys Health Resorts, the largest owner and operator of Health & Wellbeing resorts in the UK. The loan will be used to re-finance and consolidate the group’s existing loan facilities. It will also support the group’s […] Posted by: Mya Driver Read more
Church of England invests £30m in kickstarting net zero plans Oct 12, 2023 Thousands of churches, cathedrals, schools and clergy houses in England will benefit from the first phase of grants and projects worth £30 million, as part of the Church of England’s ambitious plan to achieve net zero by 2030. The aim is to support the Church in reducing carbon emissions from the energy used in churches, […] Posted by: Mya Driver Read more
City of Wolverhampton Council become latest city to commit to UKREiiF Feb 2, 2022 At the inaugural UKREiiF event in Leeds between 17-19 May 2022, City of Wolverhampton Council will exhibit and showcase regional opportunities to hundreds of investors. The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) has secured City of Wolverhampton Council as a partner at May’s inaugural conference in Leeds. UKREiiF is set to bring together […] Posted by: Mya Driver Read more
Civitas Social Housing is nearing a private acquisition deal Jun 27, 2023 Civitas Social Housing PLC (LSE:CSH) has lowered the minimum shareholder voting threshold to facilitate the £485 million private acquisition bid from CK Asset Holding. The required percentage of voting rights has been decreased from 75% to 50%, essentially making the offer unconditional as CK Asset Holdings has already acquired over 60% of voting rights. Civitas […] Posted by: Mya Driver Read more
Consultancies alerted to £1bn NHS framework Apr 23, 2021 A £1bn consultancy framework has been launched by the NHS. The NHS Shared Business Services have issued a prior information notice with the intention of publishing a contract notice on Construction Consultancy Services 3 on September 1. As it stands now the Framework will not be divided into lots and will require: Architectural Services (including […] Posted by: Mark Flanagan Read more
