Accrue Capital secures M7 Capital loan to refinance two assets Mar 8, 2022 M7 Capital, a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £4 million loan to Accrue (Forum) LLP. The Sponsor (Accrue Capital) is a property investment, development, and asset management business with experience across all real estate sectors. The company invests its own […] Posted by: Nathan Spencer Read more
Report reveals UK’s impact investment market worth £58bn Mar 8, 2022 New research by the Impact Investing Institute has revealed the first estimate of the total size of the UK’s impact investment market. The report in collaboration with accountancy firm EY, titled “Estimating and describing the UK impact investing market”, revealed the estimated size of the market in 2020 was £58 billion, representing an estimated 3.3-8% […] Posted by: Nathan Spencer Read more
LXi REIT acquires two assets in £73m deal Mar 8, 2022 Following their recent £250m fundraisers the firm, who are attending UKREiiF, have splash £73m on a set of new assets. One is an Asda food store in Birmingham and the other a training and conference facility in Stafforshire. The two acquisitions, transacted on an off-market basis, reflect an accretive 5.4% net initial yield versus the […] Posted by: Nathan Spencer Read more
UKREiiF sets new industry benchmark on inclusivity and sustainability with major Social Value drive Mar 8, 2022 The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF), a major new conference and exhibition taking place in Leeds from 17-19 May, has embarked on an expansive social value campaign aimed at making it one of the most inclusive and sustainable events in the real estate and infrastructure industry. The three-day event, which will welcome […] Posted by: Nathan Spencer Read more
Plans submitted to redevelop former landfill site in Carrington for industry use Mar 8, 2022 Plans for a 200,000 sq ft development for industrial use in Carrington, Greater Manchester have been submitted. Natural resources and energy business Peel NRE has applied to Trafford Council to build the development at the partially restored former landfill site known as Peaksnook between Manchester Road (A6144) and the Manchester Ship Canal. The site, which […] Posted by: Nathan Spencer Read more
London’s Local Voices are the key to Successful Real Regeneration of London’s High Streets Mar 8, 2022 Just over a decade ago, the Localism Act entered the Statue Book. Heralded as the necessary impetus for a new era of community empowerment, Localism sought to provide a catalyst by which decision-making powers would be handed to local councils, communities and individuals. The benefits were to be the strengthening of local economies, the rebalancing of economic growth and […] Posted by: Nathan Spencer Read more
If housing growth drives down payments from ‘standard’ land agreements, how can landowners maximise value? Mar 8, 2022 Despite a well-evidenced shortage of housing in the UK and an unprecedented rise in house prices, landowners are witnessing pressure on their returns from greenfield land which has residential development potential. A major factor in this is downward pressure on Benchmark Land Values brought about by planning policy. With further uncertainty surrounding a Draft Planning […] Posted by: Nathan Spencer Read more
Willmott Dixon appointed for Oldham town centre transformation Mar 8, 2022 Willmott Dixon’s town centre regeneration skills are being utilised by another local authority as Oldham Council appoints the company as the main contractor for the Spindles Town Square redevelopment. It follows similar transformation work Willmott Dixon is delivering in the North West in Rochdale and Stockport, and will see the company demolish the former TJ […] Posted by: Nathan Spencer Read more
What needs to change to ‘level up’ between development types and extend the flexibility that Class E gave to some sectors? Mar 8, 2022 In July 2020, partly in response to Covid-19 and its impact on the high street, the Government introduced a new Planning Use Class, Class E. This new use class encompasses commercial, business and service sectors and has brought about the repurposing of buildings on high streets and town centres. It responds to the shift in […] Posted by: Nathan Spencer Read more
Global and international investors back inaugural UKREiiF – with 200 investment firms signed up Mar 2, 2022 The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) has so far secured almost 750 C-Suite and senior professionals representing major investors and funders to attend the event – representing more 200 investment firms. UKREiiF is a game-changing new event set to take place in Leeds between 17-19th May 2022 which brings together cities and regions […] Posted by: Nathan Spencer Read more
