UTB supports £15 million PBSA scheme in a South West university city Dec 14, 2022 United Trust Bank (UTB) was approached by an existing customer to support a 97-room purpose built student accommodation (PBSA) development in Exeter. United Trust Bank agreed to the proposal and is now supporting the construction of a new, £15m Purpose Built Student Accommodation (PBSA) development by ACE Student Living. The scheme in the centre of […] Posted by: Nathan Spencer Read more
Border to coast commits £2.2bn in second private market programme Dec 14, 2022 Border to Coast Pensions Partnership has committed £2.2bn to funds across private equity, infrastructure, private credit, and climate opportunities, delivering long-term, diversified investment opportunities for Partner Funds. Forming part of its £4bn second private markets programme, Border to Coast’s initial commitments demonstrate the significant progress made in securing attractive opportunities in the programme halfway through […] Posted by: Nathan Spencer Read more
Spawforths confirm their spot at UKREiiF 2023 Dec 14, 2022 Yorkshire’s largest firm of independent Planning Consultants and Masterplanners, Spawforths have confirmed their involvement with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Spawforths are an award winning and innovative multidisciplinary team of planners, master planners and architects. Since its creation in 1988, […] Posted by: Nathan Spencer Read more
Worcester secures £2.96m Government investment Dec 14, 2022 Worcester City Council has secured £2.96 million to invest in the city from the Government’s UK Shared Prosperity Fund. The money will be used for a wide range of initiatives in the city, including boosting Worcester’s profile as a visitor destination; support for community schemes, the arts and business; and energy efficiency. The UK Shared […] Posted by: Nathan Spencer Read more
First Freeports launched with £25 million seed fund each Dec 14, 2022 The United Kingdom’s first Freeports in Plymouth, Solent, and Teesside are now fully up and running after receiving final government approval. The new initiative is predicted to unleash billions of pounds’ worth of investment with a GVA uplift of £3.57bn. The United Kingdom’s first Freeports in Plymouth, Solent, and Teesside are now fully up and […] Posted by: Nathan Spencer Read more
John Lewis Partnership and abrdn announce £500m joint venture to build residential rental homes Dec 14, 2022 The John Lewis Partnership has agreed a £500m multi-decade joint venture with global investment company abrdn to deliver around 1,000 new homes across three local communities. The deal marks a milestone in the Partnership’s plans to use its significant property assets to build much-needed residential homes and diversify our business. The joint venture will help […] Posted by: Nathan Spencer Read more
Mersey Tidal Power project forges close links with world’s largest tidal operator Dec 14, 2022 Liverpool City Region Mayor Steve Rotheram will sign an agreement with South Korea’s state water company to co-operate and share lessons that could help the region develop the world’s largest tidal power scheme on the River Mersey. Jeong kyeongyun, Vice President of Korea Water Resources Corporation, known as K-water, is in Liverpool to sign an […] Posted by: Nathan Spencer Read more
ilke Homes announces £100 million new equity investment Dec 14, 2022 ilke Homes has raised a record-breaking £100 million from new and existing shareholders following successive years of triple-digit growth. The round is being led by funds managed by affiliates of Fortress Investment Group LLC (“Fortress”), a leading global investment manager with approximately $46 billion of assets under management. Existing investors TDR Capital and Sun Capital […] Posted by: Nathan Spencer Read more
Broadwater Farm estate set for £130m transformation Dec 14, 2022 Residents living on the Broadwater Farm estate will see their lives transformed after plans to invest £130million on new council homes, safer streets and new community facilities were given the green light. Last night (Monday 5 December 2022) the council’s planning committee resolved to grant permission for 294 new council homes on the estate and […] Posted by: Nathan Spencer Read more
Octopus Real Estate completes £26m loan for sustainable homes at The Climate Innovation District as part of Leeds South Bank regeneration Dec 14, 2022 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has provided a £26m loan facility to pioneering sustainable developer Citu as part of the second phase of Citu’s Climate Innovation District. The development is a major pillar of the Leeds South Bank regeneration scheme – one of […] Posted by: Nathan Spencer Read more
