Altarea and Tikehau Capital join forces to launch a European Real Estate Credit platform Jun 2, 2023 Altarea and Tikehau Capital announce today the launch of a Real Estate Credit platform targeting €1bn with €200m already secured from both sponsors ensuring strong alignment of interest. The fund’s strategy will aim at bridging an anticipated wide liquidity gap in the market across a range of property types that will potentially include office, retail, […] Posted by: Mya Driver Read more
Lincolnshire Co-op and Wykeland Group announce Waterside Shopping Centre acquisition Jun 2, 2023 Lincolnshire Co-op and Wykeland Group are delighted to announce the acquisition of Waterside Shopping Centre in Lincoln. The two organisations have come together in a 50/50 partnership to secure the prime retail and leisure destination in the heart of Lincoln city centre. The 130,000 sq ft Waterside scheme is 95% let with an impressive line-up of leading retailers including H&M, […] Posted by: Mya Driver Read more
Council in strong position to deliver for residents after capital injection following sale of council-owned company Jun 2, 2023 Merton Council has today (May 31) published details of an £186 million capital injection in its annual accounts following the January 2023 sale of CHAS 2013 Ltd, a wholly-owned subsidiary of the authority. This puts the council in a strong position to deliver on its ambitions to build a better Merton, that everyone can take pride […] Posted by: Mya Driver Read more
Planning powers transfer to Middlesbrough and Hartlepool Mayoral Development Corporations Jun 2, 2023 Planning powers have officially transferred to Mayoral Development Corporations in Hartlepool and Middlesbrough today (1 June). Legislation was officially laid before Parliament for the towns’ respective Mayoral Development Corporations (MDCs) in February. Now the two MDCs have received powers to act as the determining authorities for planning applications submitted in the areas bound by the […] Posted by: Mya Driver Read more
Glenstone purchases prominent industrial site in Birmingham Jun 2, 2023 Glenstone announce the purchase of a prominent industrial site located close to the M6, to the north-east of Birmingham City Centre. Comprising approximately 45,000 sq. ft., the unit is let in its entirety to E & S W Knowles & Company Ltd on a new 20-year FRI lease. Knowles are the UK’s leading manufacturer of […] Posted by: Mya Driver Read more
Octopus Investments backs Weev’s £50m rollout Jun 2, 2023 Octopus Investments (Octopus), part of Octopus Group, an investment company investing in the people, ideas and industries that will change the world, has today announced its investment into Weev. Octopus is backing Weev’s rollout plan with up to £50 million to address the shortage of charging infrastructure in Northern Ireland. EV drivers in Northern Ireland […] Posted by: Mya Driver Read more
MSP Announce £100 million development funding facility with single investment partner Jun 2, 2023 MSP Capital has confirmed a senior-secured facility with London-based asset manager and private equity firm Pollen Street Capital. This facility will strengthen MSP’s ability to reach projected growth targets in the development finance market. It’s the latest of several strategic moves MSP have made in the past year to ready themselves for more growth – including […] Posted by: Mya Driver Read more
From Scotland to Southeast England, Hilltop Credit Partners continues regional SME housebuilder support with loans totalling £19.6 million Jun 2, 2023 Funds advised by Hilltop Credit Partners Limited (“Hilltop”), a leading real estate credit investment manager, have completed two loans, totalling £19.6 million, to support the delivery of much-needed regional homes in Oxfordshire and Perthshire. In Scotland, Hilltop Credit Partners has provided Glenisla Developments Ltd, a Scottish property development company, with a £17 million refinancing loan […] Posted by: Mya Driver Read more
Blackfinch Property completes its largest loan to date with £20m refinancing deal in East London Jun 2, 2023 Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed its largest loan to date, a £20m refinancing for a mixed portfolio of 54 residential and commercial properties across East London. The 24-month deal from Blackfinch Property will enable the landlord to continue to provide high quality residential and commercial properties […] Posted by: Mya Driver Read more
How Yorkshire’s property market is one of the best performing in the UK Jun 1, 2023 Despite widespread stagnation and a marked cooling off of activity and value growth engulfing the UK property market, the County of Yorkshire has remained buoyant, with leading International Off-Plan Property Consultancy, LH1 Global, attributing this trend to the growth of key towns and cities in the region. The largest county in the UK, Yorkshire is […] Posted by: Mya Driver Read more
