M7 Capital loans Alltmore £17m to refinance business space portfolio Oct 28, 2021 M7 Capital (“M7C”), a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £17.3 million loan to Alltmore Properties Ltd (the “Sponsor”), a specialist investor in business centres across Scotland and the North of England, to support the refinancing of a portfolio of seven […] Posted by: Nathan Spencer Read more
Lewisham BtR scheme forward funded with Legal & General Investment Management Oct 28, 2021 Watkin Jones, the UK’s leading developer and manager of residential for rent homes, is pleased to announce exchange of contracts for the sale of a 322 apartment BtR scheme in Lewisham, South East London. The transaction is on a forward funding basis to one of Europe’s largest asset managers Legal and General Investment Management (‘LGIM’) […] Posted by: Nathan Spencer Read more
Two major hires for Ballymore Asset Management Oct 28, 2021 Ballymore Asset Management Limited (BAML), the asset management arm of international property development company, Ballymore has appointed Tony Hymers as Managing Director and Ross McCaskill as Finance Director. Tony Hymers joins from Burlington Estates, the award-winning property management services company based in Mayfair, which he co-founded in 2012. He is a Chartered Surveyor, Fellow of […] Posted by: Nathan Spencer Read more
Chancerygate secures planning approval for Novus Phase 2 Oct 28, 2021 Industrial developer Chancerygate has been granted planning permission to build phase two of its £33m, 207,000 sq ft Novus business park in Knutsford, with 50,000 sq ft forward sold to furniture company VIDA Living. Located within Parkgate Industrial Estate, phase two of the development will deliver 73,000 sq ft of industrial space with a gross […] Posted by: Nathan Spencer Read more
Starwood Capital seek IPSX listing for Liverpool office building Oct 28, 2021 Trinistar Liverpool S.a r.L, a controlled affiliate of Starwood Capital Group, a global private investment firm focused on real estate and energy investments, announces it has appointed advisors to explore a potential listing for a newly formed single asset company (the “Company”), which will own the Capital Building in Liverpool, via an initial public offering […] Posted by: Nathan Spencer Read more
Green light for Muse Developments’ landmark One City Park in Bradford Oct 28, 2021 Muse Developments, one of the UK’s leading names in town and city-centre urban regeneration, has today (Thursday 21 October) received full planning consent for One City Park, a BREEAM ‘Excellent’ 56,403 sq ft office building in the heart of Bradford city centre. The development will transform the former police HQ site, addressing a shortage in […] Posted by: Nathan Spencer Read more
Octopus Real Estate and Homes England launch £175m Greener Homes Alliance Oct 28, 2021 Octopus Real Estate, part of Octopus Group and a leading United Kingdom specialist real estate lender and investor, has partnered with Homes England, the Government’s housing delivery agency, to create the Greener Homes Alliance. The new Alliance will commit £175 million, providing both loan finance and expert support to SME housebuilders, enabling them to build […] Posted by: Nathan Spencer Read more
Forward funding from Canada Life Asset Management sets Birkenhead regeneration into motion Oct 28, 2021 In a landmark deal for the borough, investment and pension fund, Canada Life Asset Management has agreed to forward fund the development of Wirral Growth Company’s two new Grade-A office schemes in Birkenhead for £75 million. Totalling 150,000 sq ft, the flagship office buildings are the first phase of Wirral Growth Company’s regeneration masterplan for […] Posted by: Nathan Spencer Read more
St Helens Borough Council approves draft plans for St Helens and Earlestown town centre transformation Oct 28, 2021 The once-in-a-generation opportunity to transform St Helens and Earlestown town centres has moved a step closer. St Helens Borough Council’s Cabinet has today approved draft Masterplan Development Frameworks that set out its vision to transform St Helens and Earlestown town centres. Councillors welcomed the plans which will help drive change, complementing existing assets to deliver high quality, sustainable regeneration that makes St Helens and […] Posted by: Nathan Spencer Read more
M7 Capital provides loan for office acquisition in Glasgow by Garroch Investments Oct 28, 2021 M7 Capital (“M7C”), a full-service real estate debt specialist, announces that it has provided a £7.3 million loan, on behalf of UK debt fund TREC II, to Garroch Investments, supported by Craigend Properties a regional real estate investor and asset manager, to finance the acquisition of Princes House, an office building situated in the centre […] Posted by: Nathan Spencer Read more
