Glenstone purchases prominent industrial site in Birmingham Jun 2, 2023 Glenstone announce the purchase of a prominent industrial site located close to the M6, to the north-east of Birmingham City Centre. Comprising approximately 45,000 sq. ft., the unit is let in its entirety to E & S W Knowles & Company Ltd on a new 20-year FRI lease. Knowles are the UK’s leading manufacturer of […] Posted by: Mya Driver Read more
Octopus Investments backs Weev’s £50m rollout Jun 2, 2023 Octopus Investments (Octopus), part of Octopus Group, an investment company investing in the people, ideas and industries that will change the world, has today announced its investment into Weev. Octopus is backing Weev’s rollout plan with up to £50 million to address the shortage of charging infrastructure in Northern Ireland. EV drivers in Northern Ireland […] Posted by: Mya Driver Read more
MSP Announce £100 million development funding facility with single investment partner Jun 2, 2023 MSP Capital has confirmed a senior-secured facility with London-based asset manager and private equity firm Pollen Street Capital. This facility will strengthen MSP’s ability to reach projected growth targets in the development finance market. It’s the latest of several strategic moves MSP have made in the past year to ready themselves for more growth – including […] Posted by: Mya Driver Read more
From Scotland to Southeast England, Hilltop Credit Partners continues regional SME housebuilder support with loans totalling £19.6 million Jun 2, 2023 Funds advised by Hilltop Credit Partners Limited (“Hilltop”), a leading real estate credit investment manager, have completed two loans, totalling £19.6 million, to support the delivery of much-needed regional homes in Oxfordshire and Perthshire. In Scotland, Hilltop Credit Partners has provided Glenisla Developments Ltd, a Scottish property development company, with a £17 million refinancing loan […] Posted by: Mya Driver Read more
Blackfinch Property completes its largest loan to date with £20m refinancing deal in East London Jun 2, 2023 Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed its largest loan to date, a £20m refinancing for a mixed portfolio of 54 residential and commercial properties across East London. The 24-month deal from Blackfinch Property will enable the landlord to continue to provide high quality residential and commercial properties […] Posted by: Mya Driver Read more
How Yorkshire’s property market is one of the best performing in the UK Jun 1, 2023 Despite widespread stagnation and a marked cooling off of activity and value growth engulfing the UK property market, the County of Yorkshire has remained buoyant, with leading International Off-Plan Property Consultancy, LH1 Global, attributing this trend to the growth of key towns and cities in the region. The largest county in the UK, Yorkshire is […] Posted by: Mya Driver Read more
Is the Green Belt really a big deal? Jun 1, 2023 By David Button at BECG In May 2023, Keir Starmer announced that Labour would “back builders, not blockers” and would give English councils more powers to build on the Green Belt if they come into power. It was a bold move – for years Governments have hinted at finally taking action before rolling back under […] Posted by: Mya Driver Read more
ICG Real Estate announces the formation of Metropolitan Last Mile, a €1.5BN pan-European distribution and industrial platform May 31, 2023 ICG Real Estate, the real estate division of ICG, today announces the formation of Metropolitan Last Mile (“Metropolitan”), its distribution and industrial platform focused on major urban population centres across the UK, France, and Germany. Over the last nine months, Metropolitan has acquired 35 assets across the UK, France and Germany through 8 separate transactions, with […] Posted by: Mya Driver Read more
London’s empty homes could be worth £20bn May 31, 2023 The Mayor of London, Sadiq Khan, and Westminster City Council are today calling for stronger powers to crack down on empty homes, as shocking new analysis by City Hall reveals an estimated £20bn worth of property is sitting vacant across the capital. The Mayor is calling it a scandal that there are an estimated 30,000 […] Posted by: Mya Driver Read more
Clearbell acquires industrial portfolio from Palace Capital plc May 31, 2023 Clearbell Property Partners IV LP, a fund managed by Clearbell Capital LLP (Clearbell), has today announced the acquisition of six regional industrial assets from UK property investment firm Palace Capital plc for £34 million (£109psf), reflecting a net initial yield of 6.2%. The portfolio comprises six industrial and logistics assets located throughout the UK: Coventry, Avonmouth, Newbury, […] Posted by: Mya Driver Read more
