Liverpool Street station to be transformed as part of £1.5bn sustainably-led regeneration project May 4, 2023 Sellar, the developer of London Bridge Quarter and Paddington Square, MTR, a leading global operator of sustainable rail transport services including the Elizabeth line, and Network Rail have submitted a joint planning application to the City of London Corporation for proposed vital upgrades to transform Liverpool Street station. The £1.5 billion vision for Liverpool Street […] Posted by: Mya Driver Read more
Aviva Investors launches Long Term Asset Fund May 4, 2023 Aviva Investors, the global asset management business of Aviva plc, announces the launch of the Aviva Investors Real Estate Active LTAF (‘REALTAF’/’the Fund’), its first fund under the Long Term Asset Fund (LTAF) regime, a new category of fund designed to provide access to long-term private market assets, and the largest such fund launched in […] Posted by: Mya Driver Read more
Life sciences real estate investment within the ‘Golden Triangle’ totals £496m in Q1 2023 May 4, 2023 Investment into commercial real estate for the UK’s life sciences sector in the Golden Triangle, the area spanning London, Cambridge and Oxford and the UK’s leading market for life sciences and innovation, totalled over £496m in Q1 2023, according to leading global property adviser Knight Frank. This figure represents the highest first quarter investment total […] Posted by: Mya Driver Read more
UKREiiF Announces Shortlist for UKREiiF Festival of Achievement May 4, 2023 The shortlist has been revealed for the UKREiiF Festival of Achievement – with nominated individuals and companies revealed for the awards. Following the first day of UKREiiF (16th May) over 800 people will gather at a unique awards ceremony in Millennium Square, overlooked by the incredible Leeds Civic Hall. The event is looking to shake up […] Posted by: Mya Driver Read more
Delivery of 4,000 build-to-rent (BTR) apartments across major UK cities, including London in the pipeline May 4, 2023 The UK BTR market has welcomed game-changing property management firm, ila, as it embarks on an ambitious journey set to deliver 4,000 much-needed homes across the UK over the next four years. Headquartered in Oxford, ila is part of Ridgeback Group, an integrated BTR investor, developer and asset manager. ila bolsters the group’s portfolio with […] Posted by: Mya Driver Read more
Weston Homes given planning go-ahead for new Anglia Square proposals May 4, 2023 Weston Homes has gained a Resolution to Grant Planning Permission for their new hybrid (part full/part outline) planning application made to Norwich City Council for the redevelopment of the 4.65 hectare (11.5 acre) Anglia Square site in Norwich, which will deliver a scheme of up to 1,100 new homes ranging across buildings from 3 to 8 storeys, which are designed […] Posted by: Mya Driver Read more
Strong tenant demand delivers 4.8% p.a. growth in passing rents May 4, 2023 Industrials REIT, the UK multi-let industrial (“MLI”) property company, today publishes a trading update on its MLI portfolio for the period 1 January 2023 to 31 March 2023 and up-to-date rent collection across the Company’s whole portfolio. Commenting on the trading update Paul Arenson, CEO of Industrials REIT, said: “Our final trading update of the financial year has […] Posted by: Mya Driver Read more
Canada Life Asset Management completes £148m debt financing to LXi REIT May 4, 2023 Canada Life Asset Management has today announced that it has completed a £148 million loan to LXi REIT plc. The loan will refinance a mixed-use, UK regional portfolio of commercial property assets, typically let on inflation-linked, long-term leases, providing a diversified, secure income profile, on behalf of Canada Life’s annuity business. The loan has been […] Posted by: Mya Driver Read more
CrowdProperty aecures UK bank as latest lending partner May 4, 2023 Having announced British Business Investments as a lending partner last week, CrowdProperty is pleased to report a new institutional funding partnership, with this latest partner now active and participating in CrowdProperty’s residential development finance facilities. The partnership is with a UK bank, who has joined as a lending partner in CrowdProperty’s institutional fractionalisation model – […] Posted by: Mya Driver Read more
Evolve Estates acquires dominant Aberystwyth retail park May 4, 2023 Evolve Estates, the national property management and investment company that is part of M Core, has acquired an out-of-town retail park in Aberystwyth – its 16th retail acquisition of 2023. Parc-Y-Llyn Retail Park has joined its rapidly growing retail portfolio after it was acquired for an undisclosed sum. Comprising six units over 87,916 sq ft, tenants […] Posted by: Mya Driver Read more
