Sheffield Hallam University to open new campus in London! Nov 10, 2022 Sheffield Hallam University will open its first satellite campus outside of Sheffield in Brent Cross Town, the 180-acre, £8Bn new park town in London. The University is another piece of Brent Cross Town’s transformative 3 million sq ft commercial district of academic organisations, major corporations, global innovators, start-ups and scale-ups and will bring forward the […] Posted by: Nathan Spencer Read more
Persimmon reports strong results July – November 2022 Nov 10, 2022 Dean Finch, Group Chief Executive, commented: “Persimmon entered 2022 in a strong position with healthy forward sales and good weekly sales rates which continued throughout the first half of the year. This, together with our increasing levels of build efficiency, means we are well positioned to deliver new home completions for the year within our […] Posted by: Nathan Spencer Read more
Custodian REIT sells industrial unit at 12% ahead of June valuation Nov 10, 2022 Custodian REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the UK, is pleased to announce the disposal of an industrial unit in Kilmarnock at auction for £1.4 million at a 12% premium to its 30 June 2022 valuation. The environmental credentials of […] Posted by: Nathan Spencer Read more
Silbury Finance facilitates £22m for Hove residential development Nov 10, 2022 The Oaktree Capital Management-backed lender agreed the 17-month facility at 70% LTGDV. It will support Stonegate’s transformation of a vacant office block into 100 residential flats arranged over seven floors. The scheme will include a mix of one-and-two-bed apartments and penthouses with panoramic views across Brighton and the coastline. Some 25% of the homes are […] Posted by: Nathan Spencer Read more
Packaged Living and USAA Real Estate form JV to develop UK Build to Rent portfolio Nov 10, 2022 Packaged Living, the specialist UK Build to Rent (“BtR”) investor, developer and operator has announced today that it has entered into a new joint venture (“JV”) with USAA Real Estate (“USAARE”), the global asset manager with deep experience in rental housing development and asset management, to develop a portfolio of multifamily BtR assets across the […] Posted by: Nathan Spencer Read more
Legal & General invests £70m in Saxon Weald with sustainability-linked private placement Nov 10, 2022 Marking its eighth ESG-linked deal in the corporate debt space to date, LGIM Real Assets (Legal & General) provides Saxon Weald with sustainability-linked long-term financing to deliver new, energy efficient homes. LGIM Real Assets (Legal & General), on behalf of its Corporate Debt team, announces today that it has provided Saxon Weald £70m of sustainability-linked […] Posted by: Nathan Spencer Read more
Plans for 714 new apartments gets the green light Nov 10, 2022 A major development for the centre of Harlow has been given the go-ahead by the Development Control Committee at Harlow Council, who resolved to grant planning permission subject to a Section 106 agreement. Overall, the Harlow Quarter scheme, by Strawberry Star, will create 741 new apartments, along with flexible ground floor retail space to attract […] Posted by: Nathan Spencer Read more
Gravesham community investment programme to deliver regeneration and new homes Nov 10, 2022 Award-winning housebuilder The Hill Group and Gravesham Borough Council have announced a strategic joint venture partnership to bring long-term investment and create new homes and amenities for the local community. The Gravesham Community Investment Partnership will support the council in achieving its new build programme to deliver hundreds of affordable homes across the borough. Schemes […] Posted by: Nathan Spencer Read more
M7 and D.E. Shaw Group JV acquires 15 UK value add industrial, retail warehouse and office investments Nov 10, 2022 M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has acquired 15 industrial, retail warehouse and office assets in the UK, via 11 separate transactions, on behalf of a joint venture targeting value-add UK real estate with a fund managed by global investment and technology development firm the […] Posted by: Nathan Spencer Read more
UKREiiF achieves ISO20121 Event Sustainability Management Accreditation an inaugural event Nov 10, 2022 Built Environment Networking, the organisers behind The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), has official been given ISO20121 Event Sustainability Management Accreditation – following an onsite audit at the inaugural UKREiiF event in May. The accreditation looks to mitigate the impact events have on resources, society and the environment – whilst also relieving […] Posted by: Nathan Spencer Read more
