Greystar latest name to confirm UKREiiF 2023 partnership Apr 25, 2023 Greystar International has announced its involvement with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place in Leeds, from 16-18 May. Founded in 1993, Greystar is a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences. Greystar is the first […] Posted by: Mya Driver Read more
PfP Capital secures additional £20 million equity commitment from Strathclyde Pension Fund to accelerate Scottish affordable homes-for-rent strategy Apr 25, 2023 PfP Capital, the social value and ESG-focused real estate fund manager, has secured a further £20 million equity commitment from Strathclyde Pension Fund, one of the largest LGPS funds in the UK, for its Mid-Market Rent (“MMR”) strategy (“New Avenue Living” or the “Fund”). Having delivered 511 energy efficient homes to date in major Scottish cities with another 590 under development, […] Posted by: Mya Driver Read more
Link Group secures £70.7m Bank of Scotland sustainability-linked funding Apr 25, 2023 Link Group, one of Scotland’s leading housing and support organisations, has secured a new £70m funding package with Bank of Scotland it was announced this week. The agreement, which includes an existing £10.7m loan, puts in place a five-year Revolving Credit Facility (RCF) of £60m, providing flexibility and liquidity to Link Group to support its […] Posted by: Mya Driver Read more
Glenbrook Investments build Yorkshire portfolio with £4.65 million purchase Apr 25, 2023 Glenbrook Investments (Glenbrook) has completed the acquisition of a multi-let industrial estate in Barnsley, Yorkshire for £4.65million. Fall Bank Industrial Estate in Dodworth comprises eight warehouses totalling 97,761sqft (9,082.28 sqm) and is located less than two miles west of Junction 37 of the M1 motorway. The transaction reflects a 7.5% Net Initial Yield with rents […] Posted by: Mya Driver Read more
Henry Boot completes and commits to further industrial and logistics schemes Apr 25, 2023 Henry Boot announces that its property investment and development business, HBD, has completed on a significant Industrial & Logistics (I&L) scheme whilst simultaneously committing to new developments and adding to its £1.25bn development programme. This month HBD has completed on a £54m (GDV) I&L scheme, Power Park, located on the former Imperial Tobacco plant in […] Posted by: Mya Driver Read more
Green light for Bicester’s Axis J9 five-unit extension to meet urgent need for employment space and create more jobs Apr 25, 2023 Albion Land, the privately-owned commercial property developer and asset manager, has been given the green light to deliver an additional five logistics and industrial buildings of circa 152,000 sq ft (14,121 sq m) at Axis J9 in Bicester, Oxfordshire. Axis J9 is the new distribution and manufacturing park which commenced construction in 2019 and has […] Posted by: Mya Driver Read more
Blackfinch boosts Birmingham restaurant with £1.3m commercial refinancing deal Apr 25, 2023 Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed a £1.3m commercial refinancing loan for a popular Birmingham restaurant. The 24-month deal will help to secure the future of the restaurant, a much-loved part of the community in Sparkhill, a suburb around three miles from Birmingham City Centre. Blackfinch Property, […] Posted by: Mya Driver Read more
Leeds wins rights to host UKREiiF 2024 Apr 25, 2023 After much speculation, Leeds has beaten off a packed field of contenders to host UKREiiF (The UK’s Real Estate Investment and Infrastructure Forum) in 2024. The inaugural event in 2022 defied expectations as thousands of domestic and international developers, investors, councils and built environment thought leaders arrived in Leeds for a three-day facilitation and knowledge […] Posted by: Mya Driver Read more
YMAC investment to unlock 18-acre prime Lake District site Apr 25, 2023 An 18-acre site on the bank of Lake Windermere has been listed for sale. YMCA Lakeside North Camp occupies a stunning position on the south west bank of Lake Windermere, 3 miles north of Newby Bridge and includes a substantial range of buildings, boat house, landing stages and jetty with 300m of lake frontage. It […] Posted by: Mya Driver Read more
Brachers has advised a UK care home group on a deal which will help drive forward its ambitious growth plans. Apr 25, 2023 The deal also involved the reorganisation of the BN Care Group, the buyout of the early stage investors in the BN Care Group and the £3,600,000 acquisition of Bymead House Limited. BN Care Group is a nursing care home group based in the South of England providing a range of residential services to meet the […] Posted by: Mya Driver Read more