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
Countryside Partnerships to Construct 5,000 New Homes in Build-to-Rent Scheme with Sigma Capital Feb 15, 2024 Countryside Partnerships, a subsidiary of Vistry Group, has announced a renewed partnership with Sigma Capital, a leading build-to-rent (BTR) provider, to construct 5,000 new homes across the UK. These homes, destined for Sigma’s BTR brand Simple Life Homes, are set to be developed over the next five years, marking a significant boost in housing availability […] Posted by: Mya Driver Read more
Crest Nicholson acquires land for over 2,200 homes in key sites across the country Jan 10, 2022 Award-winning housebuilder, Crest Nicholson, has recently acquired over 2,200 plots, with a Gross Development Value in excess of £725 million. The five successful acquisitions are all in strong locations across the Group’s operating geographies and underpin the company’s growth strategy to deliver annually over 3,000 new home completions by 2024. The acquisitions include sites in […] Posted by: Mya Driver Read more
Custodian Property Income REIT results year ended 31 March 2023 Jun 15, 2023 Custodian Property Income REIT (LSE: CREI), which seeks to deliver an enhanced income return by investing in a diversified portfolio of smaller regional, core/core-plus properties across the UK, today announces its final results for the year ended 31 March 2023. Commenting on the final results, David Hunter, Chairman of Custodian Property Income REIT, said: “Our […] Posted by: Mya Driver Read more
Custodian REIT Disposes Retail Unit in Bury St Edmunds Jun 27, 2023 Custodian Property Income REIT (LSE: CREI), which seeks to deliver an enhanced income return by investing in a diversified portfolio of smaller, regional, core/core-plus properties across the UK, is pleasedto announce the disposal of a high street retail unit in Bury St Edmunds at auction for £0.85m, in line with the 31 March 2023 valuation.Commenting […] Posted by: Mya Driver Read more
Cycle to UKREiiF and get your entry included Apr 27, 2022 Cycle to UKREiiF is a new cycle challenge to help property industry professionals to get to the inaugural edition of the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) in the most sustainable way possible. Organised by Club Peloton, the real estate’s cycling community transforming young lives, the ride will travel from Lancaster to Leeds on 17th May in […] Posted by: Mya Driver Read more
Dalata Hotels to Expand UK Presence with 800 New Rooms. Dec 15, 2023 Dalata Hotel Group, Ireland’s premier hotel operator, has announced plans to augment its portfolio with over 800 new rooms in 2024, emphasizing its growth trajectory in the United Kingdom. Dalata Hotels to Expand UK Presence with 800 New Rooms. The announcement, made in a recent trading update on December 14, indicates Dalata’s strong performance in […] Posted by: Mya Driver Read more
Defiant dealmaking for Shoosmiths’ real estate investment group Jul 5, 2023 Despite further tightening in the lending market and wider economy, Shoosmiths’ real estate investment group concluded c.£200m worth of deals in Q2 2023. The quarter saw the law firm’s investment specialists act on transactions in the office, industrial and logistics sectors, as well as the mixed-use Royal Albert Dock development. Shoosmiths started the quarter by […] Posted by: Mya Driver Read more
Devolution: Regions Push to Finalise Agreements Ahead of General Election Apr 30, 2024 Two regions have hopes of establishing shadow combined authorities by the year’s end. Meanwhile, one area has already crossed the finish line. Inquiries by LGC this month revealed that several councils engaged in active discussions regarding devolution deals are making strides towards solidifying their arrangements. Among them is the Greater Lincolnshire deal, which entails Lincolnshire […] Posted by: David Gilbank Read more
EasyHotel secures £43m to triple it’s European estate by 2026 Dec 13, 2021 Budget chain EasyHotel has received a €50m (£42.66m) commitment from shareholders Ivanhoé Cambridge and ICAMAP towards its growth, with plans to more than triple its estate in Europe by 2026. EasyHotel has an estate of 42 hotels with 3,977 rooms. The additional capital together with new bank fundings recently secured will be used to develop […] Posted by: Mya Driver Read more
Elivia Homes Obtains £100m Revolving Credit Facility from Octopus Real Estate for Expansion Nov 17, 2023 Elivia Homes, a prominent homebuilding company, has successfully secured a £100m revolving credit facility (RCF) from Octopus Real Estate. This substantial financial arrangement is set to provide a robust platform for Elivia Homes’ ambitious growth plans, with a target to increase its homebuilding capacity from 300 to 1,000 homes annually. The new RCF complements the […] Posted by: Mya Driver Read more
