Crunching the Numbers: How UKREiiF Generated £12m for the local Leeds economy Aug 2, 2023 It’s official: UKREiiF has injected more than £12m into the local Leeds economy in 2023 – up from £5.5m in our first year. With nearly £20m pumped into Leeds businesses over two years, it’s an easy assumption that any event the size of UKREiiF will inevitably have a positive impact on its host city…but this […] Posted by: Nathan Spencer Read more
M7 Capital provides c.£12.5M loan to support acquisition of Edinburgh office asset Feb 8, 2023 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 £12.5 million loan to VCM Global Asset Management (the “Sponsor”) to support the acquisition of Orchard Brae House in Edinburgh, Scotland. Orchard Brae House is a multi-let office asset located in […] Posted by: Nathan Spencer Read more
Cheshire and Warrington latest name to confirm UKREiiF Partnership Feb 8, 2023 Cheshire and Warrington is the latest region to confirm its involvement in the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), set to take place between 16-18 May, in Leeds. Cheshire and Warrington will field a strong presence at UKREIIF, led by Cheshire and Warrington Local Enterprise Partnership, Cheshire East Council, Cheshire West and Chester […] Posted by: Nathan Spencer Read more
New Mayoral development corporations take step forward as legislation laid Feb 8, 2023 Two new Development Corporations to supercharge progress in Hartlepool and Middlesbrough have taken another step closer. Legislation was officially laid before Parliament for the towns’ respective Mayoral Development Corporations on Monday 6th February. The move brings the new zones – designed to transform each of the towns by driving investment and cutting red tape – […] Posted by: Nathan Spencer Read more
Anchor Homes seeks partners for 5700 home Feb 8, 2023 Later living provider Anchor is seeking development consultant partners to help realise ambitious plans to deliver 5700 new homes over the next ten years. Anchor, England’s largest provider of specialist housing and care for people in later life, will deliver the schemes across England, developing retirement communities that comprise 60 or more homes for sale, […] Posted by: Nathan Spencer Read more
Biggest ever resi deal! Countryside Partnerships completes £112 million residential deal for 1200 homes Feb 8, 2023 Countryside has completed a £112 million acquisition of Peel Hall, Warrington. The deal is believed to be the highest land value residential deal ever concluded in the North of England. The deal, which is a joint venture with Torus Developments, will see the 170 acre site – purchased from Satnam Millennium, developed into 1,200 new […] Posted by: Nathan Spencer Read more
Logistics heavyweights Caisson and iO Merger: £1 Billion Platform Feb 8, 2023 Two specialist industrial and logistics investment and asset managers Caisson Investment Management and iO Asset Management, are merging. The merger will create approximately £1 billion of assets between the UK and Poland. Both specialise in managing assets in authority pension funds, institutional investors, family offices and corporates. The new ‘Caisson iO group’ will consist of […] Posted by: Nathan Spencer Read more
Native Places-Managed Bankside Aparthotel sold to Jastar Capital Feb 8, 2023 Native Bankside, one of London’s top aparthotels, has been sold by Create REIT to Jastar Capital for in excess of £40 million. In a transaction which underpins the growing strength of the aparthotels sector, the 75-unit, five-year-old development has been sold but will continue to be operated by Native Places under a new long-term management […] Posted by: Nathan Spencer Read more
HS2 welcomes planning approval for Washwood Heath Depot near Birmingham Feb 8, 2023 Birmingham City Council granted Schedule 17 approval under the HS2 Phase One Act 2017, for HS2’s Washwood Heath Depot, north-east of Birmingham city centre. This is where HS2 trains will be maintained, serviced and stored when not in use, and includes the Maintenance Building, Network Integrated Control Centre (NICC) and Cleaners and Drivers Building. All […] Posted by: Nathan Spencer Read more
Tunstall Arrow Phase Two Sale Completes Feb 8, 2023 Phase Two of the Tunstall Arrow Business Park, in Stoke-on-Trent has been completed and sold. The second phase of this highly popular scheme provides an additional 111,400 sq. ft of industrial and logistics workspace on a 7-acre plot. Phase Two comprises five high-specification, highly sustainable, energy efficient business premises for industrial or logistics uses, ranging […] Posted by: Nathan Spencer Read more
