Profitable Kier outlines path to debt-free existence Apr 21, 2021 The Kier Group today confirmed it was pushing ahead with a new share issue as it announced it has returned to half-year profits. The Manchester-based construction giants, fresh from selling its housebuilding arm Kier Living for £110m, has released details of its plans to raise in the region of £200m via the equity raise. Latest […] Posted by: Mark Flanagan Read more
Firms plan two-year, £600m assault on homes for rent Apr 21, 2021 Two key players in the UK residential rental market have joined forced to target a £600m buy up of professionally managed homes for rent during the next two years. The Partnership created by the Moorfield Group, the real estate fund manager, and Bricklane, the proptech residential investment platform, aims to acquire around 2,000 one-to-four bedroom […] Posted by: Mark Flanagan Read more
Octopus and Schroders target retirement village developments Apr 20, 2021 Investors Octopus Real Estate and asset managers Schroders Real Estate have formed a Joint Venture to fund retirement villages in partnership with market leader Elysian Residences. The proposals are targeting close to £200m of GDV with the first development planned for Berkhamstead in Hertfordshire later this year. The ongoing investment in the retirement sector is […] Posted by: Mark Flanagan Read more
Transport for the North unveils new chief executive Apr 19, 2021 Martin Tugwell has been appointed as Chief Executive of Transport for the North (TfN). Following agreement from the TfN Board, he will succeed Barry White, who is due to step down this month. Current Northern Powerhouse Rail Director, Tim Wood, will become Interim chief exec until Martin officially comes on board in the summer. Martin […] Posted by: Mark Flanagan Read more
Independent HS2 panel looking for new members Apr 19, 2021 The panel that scrutinises design issues surrounding HS2 is looking for new members. The HS2 Independent Design Panel has been working with HS2 Ltd for more than five years, holding to account the leadership, project teams and partners. Now it wants to expand the panel and is particularly interested in hearing from disabled people, women […] Posted by: Mark Flanagan Read more
Big hitters assemble for debate on Build Back Better agenda Apr 19, 2021 The Government’s Build Back Better and Levelling Up agendas are the two main themes of UKREiiF’s second webinar discussion (tomorrow, 1.45-3.30pm). In the run up to the main course – the three-day UKREiiF conference and networking in Leeds next May – the event’s organisers are laying on monthly online discussions, featuring some of the most […] Posted by: Mark Flanagan Read more
Kier Living to be reborn as Tilia Homes Apr 19, 2021 Kier’s recently-sold housebuilding arm will be rebranded as Tilia Homes. Over the weekend the property giant confirmed the £110m sale of Kier Living to financier Guy Hands, who will operate Tilia out of a new company – Foster BidCo Limited. The sale is subject to approval by shareholders next month and it is expected to […] Posted by: Mark Flanagan Read more
£1bn Midlands-based engineering framework looking for awesome foursome Apr 19, 2021 A £1bn framework, servicing the engineering needs of 24 local authorities plus Highways England and the West Midlands Combined Authority, is looking for four partners. The Medium Schemes framework (MSF4), run by Midlands Highways Alliance Plus (MHAP), is for the execution of highway, civil and municipal engineering works. Typical schemes may involve, but not exclusively […] Posted by: Mark Flanagan Read more
Further additions to UKREiiF’s steering group Apr 16, 2021 The group steering the UK’s Real Estate Investment and Infrastructure Forum has been bolstered by two more senior industry figures. Earlier this week Jen Hartley, a director at Invest Newcastle, was confirmed as a member of UKREiiF’s Advisory Group and she has been joined by Munroe K founder David Aspin and Richard Nelson, who is […] Posted by: Mark Flanagan Read more
New £95m maintenance and refurbishment framework Apr 15, 2021 One of London’s most prominent housing trusts is supporting a new £95m Building Maintenance & Refurbishment Services Framework. The four-year agreement, released today (April 15), has been launched by the National Framework Partnership group in conjunction with the Central and Cecil Housing Trust. The framework, which is open to any public sector body, has been […] Posted by: Mark Flanagan Read more
