Blackstone Real Estate Acquires Village Hotels Jun 26, 2024 Blackstone Real Estate today announced that funds managed by Blackstone have completed the acquisition of Village Hotels, a hotel owner, operator and developer, from affiliates of KSL Capital Partners, a leading investor in travel and leisure businesses. Village Hotels owns and operates 33 well-located assets in large regional cities and suburban areas across the UK. […] Posted by: David Gilbank Read more
Blackstone to Form Major UK Industrial Property Powerhouse by Merging Warehouse Landlords Feb 13, 2024 Blackstone Inc. is set to consolidate its warehouse property interests in the UK, merging St Modwen and Industrials REIT with other assets from 25 acquisitions to launch Indurent, a new entity poised to become a leading force in the UK’s industrial real estate market. This strategic move aims to streamline operations and enhance the company’s […] Posted by: Mya Driver Read more
Bloor Homes secures outline planning for 650 homes Sep 11, 2024 Housebuilder Bloor Homes has secured outline planning permission to develop 650-homes. The plans for ‘Cheshire Growth Village’ would see the homes built over a 97-acre site alongside village amenities and shops such as retail units. The plans come at a time where the newly elected UK Government focus energy on creating new towns and villages […] Posted by: Deividas Krupstas Read more
Blue Shield Capital Secures £25 Million Loan from OakNorth Bank May 15, 2024 Blue Shield Capital, a property lending firm specialising in bridging loans, has received a £25 million loan from OakNorth Bank. Launched in 2020 by Gil Ulrich and Jonathan Hitter, Blue Shield focuses on underwriting senior bridging loans backed by UK real estate, particularly in prime cities and suburban areas. The company recently welcomed Stephen Benson […] Posted by: David Gilbank Read more
Booming UK film and TV industry must double studio space within next 5 years report finds Apr 20, 2022 The UK will need an additional 6 million sq ft of film and television production space by 2026 if the sector is to keep pace with growing demand, according to the latest research from global real estate advisor Knight Frank. Knight Frank’s 2022 UK Film and TV Studio Market Report reveals that spending on UK […] Posted by: Mya Driver Read more
Border to Coast announces final investments in first £5.7bn private markets programme Jul 18, 2022 Border to Coast Pensions Partnership (“Border to Coast”) has completed investment in its initial £5.7bn Private Markets programme (“Series 1”), successfully securing a diverse range of new investment opportunities for its Local Government Pension Scheme (LGPS) Partner Funds and delivering a c.24% reduction in fees. First launched in 2019, the three-year programme focused on infrastructure, […] Posted by: Mya Driver Read more
Border to Coast commits to further £1.2bn of investments Jan 12, 2022 Border to Coast Pensions Partnership (“Border to Coast”), one of the UK’s largest public sector pension pools, has committed a further £1.2bn to private markets as it continues to deliver new investment opportunities for its 11 local government Partner Funds. The investments form part of the £2.7bn private markets programme announced in July 2021 and […] Posted by: Mya Driver Read more
Border to coast launches £1.2bn UK real estate fund Oct 8, 2024 Border to Coast Pensions Partnership, (Border to Coast), the largest LGPS pool in the UK, today announces the launch of a direct UK real estate investment proposition, working with its LGPS Partner Funds to unlock access to new investment opportunities in the sector. Three Partner Funds – Tyne and Wear Pension Fund, Cumbria Pension Fund, […] Posted by: Deividas Krupstas Read more
Border to Coast launches £4bn Private Markets programme with Climate Opportunties offering Apr 7, 2022 Border to Coast Pensions Partnership (“Border to Coast”) has launched its second Private Markets programme (“Series 2”) with £4bn of commitments from its Partner Funds, bringing total commitments in the programme to date to £10bn. The first tranche of Series 2 commitments will be invested over the next year in infrastructure (£1.03bn), private equity […] Posted by: Mya Driver Read more
BP submits Government bids over major clean energy projects Jan 25, 2022 Tees Valley Mayor Ben Houchen has welcomed news that global energy company bp has today (25 January) submitted bids to government to secure support for two major low carbon energy projects in the region. The bp-operated Net Zero Teesside Power project (NZT Power) and bp’s H2Teesside hydrogen project have submitted bids into Phase 2 of […] Posted by: Mya Driver Read more
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
