Built Environment Networking Blog: South West News

MAYORAL ELECTION IN FOCUS: West of England CA

On May 6 a number of Combined Authority mayoral elections will be taking place and, as part of a special series of events, we invited all candidates to explain what their ambitions are in terms of regeneration? Below are the responses for the candidates in the West of England CA who took part Samuel Williams […]

Posted by: Mark Flanagan

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Moorfield and Stor-Age acquire UK self storage portfolio

UKREiiF attendee Moorfield Group, a UK-focused real estate fund manager (“Moorfield”), announces that is has acquired a 302,000 sq ft self storage portfolio. The acquisition was made behalf on behalf of its Moorfield Real Estate Fund V (“MREF V”) and through its joint venture with Stor-Age (the “JV”), the South African self storage Real Estate […]

Posted by: Mya Driver

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Moorfield and Tiger Developments form joint venture to deliver Bristol purpose-built student accommodation

UK-focused real estate fund manager Moorfield Group (“Moorfield”) has entered into a joint venture (“JV”) with Tiger Developments to deliver a purpose-built student accommodation (“PBSA”) scheme in Bristol. The 204-bed scheme will be jointly developed and managed by the JV, with Moorfield providing funding through its latest diversified value-add fund, Moorfield Real Estate Fund V […]

Posted by: Mya Driver

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New Partnership Announced for Bath Quays North Regeneration

Bath & North East Somerset Council and the University of Bath have announced a new partnership to develop the Bath Quays North site, following the expiration of the previous development agreement with L&G. The two organisations have signed a Memorandum of Understanding (MoU) to collaborate on a vision for the future of this prime riverfront […]

Posted by: David Gilbank

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New State-of-the-Art Elective Centre Approved for Bristol: Set to Increase Surgical Capacity by 6,500 Operations Annually

A groundbreaking decision has been made regarding the healthcare infrastructure in Bristol. The city is set to welcome a new £49.9 million Elective Centre at Southmead Hospital. This state-of-the-art facility has been greenlit to provide an additional 6,500 operations annually, aiming to benefit patients across Bristol, North Somerset, and South Gloucestershire (BNSSG). The Department of […]

Posted by: Mya Driver

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Newcore’s social infrastructure fund invests £27m in initial four assets

Newcore Capital Management has acquired the maiden assets for its latest value-add, social infrastructure fund. The UK social infrastructure real estate manager said it has invested £27m (€31.4m) acquired the first four assets for Newcore Strategic Situations V LP,  a fund seeking to raise  £300m. Newcore said it has bought three educational properties in Surbiton, Blackheath and […]

Posted by: Mya Driver

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North Somerset launches Consultation for Local Plan

North Somerset Council is undertaking another round of consultation on its draft Local Plan. This is set to take place during the summer.  The council began preparing a new Local Plan for North Somerset in 2020. This document identifies where development can and cannot take place in the area, and guides investment for new housing, […]

Posted by: Mya Driver

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OakNorth Bank Lends £37m for UK Storage Company Buyout

OakNorth Bank, the neobank for entrepreneurs, by entrepreneurs, has provided a £37m loan to UK Storage Company, one of the UK’s largest independent self-storage providers. Founded in 2005 by Keith and Cathy Taylor, UK Storage Company opened its first site in Bridgwater, Somerset that year, with the site also being used as its headquarters. Its second […]

Posted by: Mya Driver

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