British Land Announces Potential £750m Sale of Iconic Meadowhall Centre Sep 18, 2023 Sheffield, UK – In a significant move reflecting the evolving retail landscape, British Land has unveiled plans to sell the renowned Meadowhall shopping centre in Sheffield for an estimated £750 million. This monumental sale, if finalized, would rank among the UK’s most substantial retail property deals in the past few years. Opened in 1990, Meadowhall […] Posted by: Mya Driver Read more
Liverpool City Region set to get £310m funding as the UK’s second Investment Zone Jul 31, 2023 Communities across the Liverpool City Region could be set to benefit from over 4,000 new jobs and a multi-million-pound investment in the life sciences sector as part of the UK’s second Investment Zone. The government has today (26 July 2023) launched England’s second Investment Zone in Liverpool City Region, which could unlock £320 million of private investment and deliver 4,000 […] Posted by: Mya Driver Read more
Silbury Finance maintains deployment momentum with £67 million loan for 341-home mixed tenure development in Bedford Jul 31, 2023 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided a £67 million senior loan to MCR Property Group, the established residential developer. The 24-month facility will fund the development of 341 homes, a mix of for sale and rent, in the sought-after commuter town of Bedford. It represents the third deal between the […] Posted by: Mya Driver Read more
£1.14 Billion East Midlands Revitalisation: Major Development and Investment Plans Set in Motion Dec 11, 2023 The East Midlands region is poised for a transformation with the approval of a £1.14 billion investment plan, marking a new era of development and opportunity. This initiative follows the creation of the East Midlands Combined County Authority (EMCCA), a move that will centralise and enhance governance across Derbyshire, Nottinghamshire, Derby, and Nottingham. Residents of […] Posted by: Mya Driver Read more
£1.324 billion of capacity made available to investors this VCT season Feb 8, 2023 Unicorn VCT, the last Venture Capital Trust (VCT) of the tax year to launch, raised over £15 million yesterday, selling out completely in less than 8 hours. All VCTs from the 2022/23 tax year are now open, or have already filled, with total capacity this tax year to £1.324 billion. So far £661.9 million has […] Posted by: Mya Driver Read more
£1.6bn investment strategy across Northern Ireland unveiled Jan 26, 2022 A long-awaited new investment strategy for Northern Ireland will inject around £1.6bn a year in key infrastructure for the region, it’s been revealed. First Minister Paul Givan and Deputy First Minister Michelle O’Neill have published the Executive’s new draft Investment Strategy for Northern Ireland. The plans sets out a funding and planning model for investment […] Posted by: Mya Driver Read more
£100m housing investment for Antrim Town approved Nov 29, 2022 Antrim and Newtownabbey borough Council has approved plans for a major housing expansion in Antrim Town, which will see a total investment of £100m and the creation of up to 100 new jobs. The reserved matters application will see 525 new homes, six local shops, public spaces and a play park being built along the […] Posted by: Mya Driver Read more
£115m investment in affordable, green homes on brownfield sites across Greater Manchester Jan 25, 2024 Housebuilding in Greater Manchester is to be further boosted by the next phase of a £150m Brownfield Housing Fund, which is set to deliver more than 7,800 new homes across the city-region. At a meeting of the Greater Manchester Combined Authority (GMCA) on Friday 26 January, leaders will be asked to approve an allocation of […] Posted by: Mya Driver Read more
£13m Puma Loan Fuels Intergenerational Development in Manchester Dec 8, 2023 Puma Property Finance has committed a £13 million loan to facilitate a collaborative venture between the McGoff Group and Patrick Properties, earmarked for a unique intergenerational development in Bowdon, South Manchester. This innovative project encompasses a care home and a children’s day nursery, specifically designed to encourage regular interaction between young and elderly residents. The […] Posted by: Mya Driver Read more
£14m town deal funding released for first reconnecting Runcorn projects Nov 7, 2022 The green light has been given on four business cases that form part of the Reconnecting Runcorn Town Deal, unlocking £14m of Towns Fund investment for the town. The business cases for the four projects were submitted to Government back in August. The documents had to provide evidence that demonstrated how each project met certain […] Posted by: Mya Driver Read more
£15 Million funding pilot for SME’s in the North-East Sep 27, 2022 The Tees Valley has been chosen as one of just two locations to pilot a new initiative to build on local innovation strengths – with an initial £15million investment available to support businesses. Part of UK Research and Innovation, Innovate UK’s Launchpad pilot will invite small and medium enterprises (SMEs) to apply for competitive grants […] Posted by: Mya Driver Read more
£150m long-term loan facility and £60m extension signed term sheet on wider refinancing Mar 6, 2023 The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to announce that it has completed the first stage of its ongoing refinancing with a new, £150 million 16-year, interest-only term loan signed with a leading insurance company (“New Facility”), a new lender to the Group, and an […] Posted by: Mya Driver Read more
