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
Ellandi Achieves B Corp Accreditation and Now Releases Its First Annual Impact Report Sep 22, 2023 Following its recent achievement of B Corp accreditation, a significant milestone after 18 months of dedicated effort, Ellandi has now unveiled its first annual impact report. “Becoming a B Corp not only means holding ourselves accountable to the highest governance standards and looking to increase our impact with everything we do, but it also means […] Posted by: Mya Driver Read more
Engineering consultant backs Proptech pioneer for next stage of growth Feb 7, 2022 Pioneering smart city design and planning platform, VU.CITY has secured Series A investment from Ramboll. The global engineering and design consultancy joins existing shareholder Grosvenor Hill Ventures, which is the technology investment subsidiary of global real estate advisory firm Savills, and GIA Surveyors to support VU.CITY’s journey to become a global cross-market platform. Over the […] Posted by: Mya Driver Read more
Environment Bank adds sixteen BNG sites to Natural England biodiversity gain sites register Dec 12, 2024 Environment Bank, the leading off-site Biodiversity Net Gain (BNG) provider, announces today that sixteen of its BNG Habitat Banks1 have been added to the Natural England national biodiversity gain sites register, unlocking more than 2,000 off-site Biodiversity Units2 for developers to purchase to meet their BNG commitments. Covering 850 acres (or 344 hectares) across England, […] Posted by: Deividas Krupstas Read more
EstateGuru hits £415m lending milestone ahead of 2022 UK launch Jan 17, 2022 EstateGuru, the pan-European property investing and financing platform, announced that as of today, it has funded €500m in loans to property and development projects across Europe. The company, founded in Tallinn, Estonia in 2013, officially funded its very first loan in January 2014, hitting the €100M mark after five years, in March 2019. This exponential […] Posted by: Mya Driver Read more
Europa Capital appoints new ESG Director Aug 22, 2022 Europa Capital, the pan-European real estate investment manager, announces that it has bolstered its Sustainability & Development team with the appointment of Chris Miller-Jones to the newly created role of ESG Director. This appointment further strengthens the business’ sustainability capabilities in line with its strategy of becoming carbon neutral across its operational direct real estate […] Posted by: Mya Driver Read more
Exchange of contracts on the sale to Travelodge of 66 hotels for £210 million Jan 8, 2024 LXi REIT plc, the specialist inflation-protected very long income REIT, is pleased to announce that it has exchanged contracts unconditionally on the sale of 66 Travelodge branded hotels to the Travelodge group for £210 million, which is in line with the latest (30 September 2023) book value. As announced on 22 November 2023, the majority […] Posted by: Mya Driver Read more
Far East Orchard Acquires 49% Stake in UK PBSA Operator for £17.6 Million Apr 25, 2024 Far East Orchard O10 1% has announced its acquisition of a 49% stake in Homes For Students (HFS), the UK’s largest independent purpose-built student accommodation (PBSA) operator, for £17.6 million. Under the agreement, Far East Orchard will progressively acquire the remaining 51% interest in HFS in two stages by September 2025 and November 2030. The […] Posted by: Mya Driver Read more
Far East Orchard Launches £100 Million Fund for UK Student Accommodation Development Aug 23, 2024 Far East Orchard has launched its first private fund in Singapore, the FE UK Student Accommodation Development Fund, which aims to invest in purpose-built student accommodation (PBSA) across Britain. The fund achieved an initial closing of £70 million on 22 August and targets a total commitment of £100 million. The fund’s first project is a […] Posted by: David Gilbank Read more
Feelgood Games launched by Pagabo Foundation to tackle mental health Apr 5, 2022 The PAGABO Foundation – national framework provider Pagabo’s charitable arm – has launched the Feelgood Games to encourage action as part of its commitment to supporting improved mental health within the construction industry. The fitness initiative aims to get the construction industry moving and highlight the value of exercise in maintaining better mental health. The foundation […] Posted by: Mya Driver Read more
Firms plan two-year, £600m assault on homes for rent Apr 21, 2021 Two key players in the UK residential rental market have joined forced to target a £600m buy up of professionally managed homes for rent during the next two years. The Partnership created by the Moorfield Group, the real estate fund manager, and Bricklane, the proptech residential investment platform, aims to acquire around 2,000 one-to-four bedroom […] Posted by: Mark Flanagan Read more
First Proptech Hub in UK History May 3, 2024 UK PropTech Association (UKPA) to Host the UK’s First Dedicated PropTech Hub at the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) in 2024. This pioneering initiative marks a significant milestone in the integration of property and technology sectors, and comes after the recent merger with the UKPA and British Property Federation (BPF) Nathan Spencer, […] Posted by: David Gilbank Read more
