Panattoni to speculatively develop two plots at Aylesford Park Jun 14, 2022 Panattoni, the largest industrial real estate developer in Europe, will speculatively develop the final two units at its sustainable logistics development in Aylesford, Kent, after agreeing pre-lets for the rest of the space. The two units of 100,000 sq ft and 130,000 sq ft at Panattoni Park Aylesford, which are expected to be completed in […] Posted by: Mya Driver Read more
Paragon Bank Funds £26m for 170-Unit Housing Scheme in Essex Aug 23, 2023 Paragon Bank has entered into a financial agreement with Chase Homes, offering a £26 million package to back a housing project in Saffron Walden, Essex. This initiative will comprise 170 housing units. The funding package, which includes a £24 million revolving credit facility and a £2 million VAT support package, will enable the acquisition of […] Posted by: Mya Driver Read more
PATRIZIA invest in 281-home BtR scheme in Reading Dec 20, 2021 PATRIZIA AG, a leading partner for global real assets, has on behalf of its institutional clients invested in a turn-key build-to-rent (BTR) development in Reading for an undisclosed sum. Olivers Place is a collection of 281 high quality BTR properties comprising a mix of one, two and three-bedroom apartments. The homes have been acquired from […] Posted by: Mya Driver Read more
Peel L&P unveils mixed use development masterplan for 90-acre site Dec 15, 2021 The masterplan for the redevelopment of Chatham Docks Industrial Estate has been unveiled by regeneration business Peel L&P as it sets out its early vision for the area. The 90-acre site will feature approximately 3,600 new homes, a one million square foot new employment zone which will create in excess of 2,000 new jobs as […] Posted by: Mya Driver Read more
Pennyfarthing Homes submits plans for 74-new homes Nov 19, 2024 Pennyfarthing Homes has submitted a planning application for 74 new homes in Fordingbridge as part of its plans to build a neighbourhood of 342 homes on the northern edge of the Hampshire market town. The new development which is part of the wider scheme known as Forde Valley and follows Pennyfarthing’s popular Whitsbury Green development, […] Posted by: Deividas Krupstas Read more
PfP Capital’s flagship PRS strategy to forward fund two single family rental schemes in Essex Aug 15, 2023 Picture Living has committed £23 million to forward fund two single family residential schemes in Essex, which will deliver 63 high quality homes for rent. In Coggeshall, north Essex, Vistry Group will deliver 36 homes, the first of which will be available at the start of 2024. Residents will enjoy a countryside market town location, […] Posted by: Mya Driver Read more
PIC announces further £80m investment into urban regeneration Feb 9, 2022 UKREiiF attendee Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension schemes, has agreed to fund and acquire a key centrally located development in Milton Keynes for its third Build-to-Rent project. The £80 million redevelopment of a brownfield site will provide 306 new residential apartments, 43 of which will be affordable housing. […] Posted by: Mya Driver Read more
PIC invests £40 million in South East based social housing provider ‘Housing Solutions’ Dec 15, 2022 Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension funds, has invested £40 million as debt in Housing Solutions, which owns and manages c. 7,500 properties in the South East of England. Following a competitive process run by Centrus, PIC was selected as the preferred capital markets funder in a total transaction […] Posted by: Mya Driver Read more
PIC lends further £30 million to Heart of Medway Housing Association as part of a long-term partnership Dec 7, 2023 –Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension schemes, has made a second private placement investment of £30 million in secured debt issued by Heart of Medway Housing Association, part of the mhs homes group. This is PIC’s fifth transaction involving £160 million of lending, with the mhs homes group as part […] Posted by: Mya Driver Read more
PIC releases 306 new homes to rent at Arbour Development in Milton Keynes Sep 23, 2024 Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, is pleased to announce the practical completion of Arbour, a landmark Build-to-Rent scheme located in the heart of central Milton Keynes. The £80 million redevelopment of a brownfield site provides 306 residential apartments purpose- designed for rent, 43 of which are offered […] Posted by: Deividas Krupstas Read more
Picture Living Recycles Capital through Portfolio Sale to Invest £23m in Essex’s Housing Future Aug 16, 2023 In a strategic move to target new single-family homes, Picture Living has sold two portfolios, Spark and Seville, enabling the recycling of capital. Following this sale, the company has pledged £23 million to support two private rented sector (PRS) developments in Essex. This investment marks a significant step in Picture Living’s mission to provide high-quality […] Posted by: Mya Driver Read more
Pigeon acquires Twinwoods business park in Bedfordshire Dec 13, 2023 Pigeon is pleased to announce the acquisition of Twinwoods Business Park, near Bedford. Extending to over 165 acres, the park is let to over 20 tenants including the Secretary of State, Red Bull Racing, and numerous industrial and engineering businesses. There is also vacant land that has longer-term potential. We intend to add value by bringing […] Posted by: Mya Driver Read more
