Approval of 190,000 sq ft logistics, manufacturing and R&D scheme ‘Spark’ in Bishops Stortford Apr 25, 2023 Fiera Real Estate UK (“FRE UK”) and Wrenbridge are pleased to announce that plans have been approved for their new 190,000 sq ft Grade A logistics, manufacturing and R&D scheme named ‘Spark’ in Bishops Stortford. FRE UK and Wrenbridge have secured planning at their 8.5-acre site for a 189,536 sq.ft. scheme across twelve units, in […] Posted by: Mya Driver Read more
HM Land Registry and The Coal Authority partner with UKREiiF 2023 Apr 25, 2023 HM Land Registry and The Coal Authority have partnered for the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF). Keith Griffiths, Chief Executive Officer and Founder of UKREiiF, said: “We’re pleased to announce that HM Land Registry and The Coal Authority, who are working in partnership to create value and bring benefits to customers, are […] Posted by: Mya Driver Read more
A partnership for Urban Splash and Grosvenor – as the pair announces new funding deal Apr 25, 2023 Award-winning regeneration company Urban Splash has signed a new £10m funding deal with Grosvenor Property UK. The deal sees Urban Splash and Grosvenor form a land acquisition partnership that will purchase land assets and work up schemes post-purchase. The announcement follows Grosvenor’s recent launch of its £120m residential debt strategy, led by the investment team in its UK property business. The move signals […] Posted by: Mya Driver Read more
Link Group secures £70.7m Bank of Scotland sustainability-linked funding Apr 25, 2023 The agreement, which includes an existing £10.7m loan, puts in place a five-year Revolving Credit Facility (RCF) of £60m, providing flexibility and liquidity to Link Group to support its on-going development programme for the next five years. Link Group Financial Director Nick Pollard said: “Now more than ever, it is vital organisations like Link work […] Posted by: Mya Driver Read more
Osprey Charging join UKREiiF exhibition Apr 25, 2023 Osprey Charging have announced their involvement with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is taking place between 16-18 May, in Leeds. The UK’s fastest growing rapid EV charging network, Osprey Charging build and operate a network of market-leading EV chargers. With 24/7 customer service and a high network uptime, Osprey is […] Posted by: Mya Driver Read more
Greystar latest name to confirm UKREiiF 2023 partnership Apr 25, 2023 Greystar International has announced its involvement with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place in Leeds, from 16-18 May. Founded in 1993, Greystar is a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences. Greystar is the first […] Posted by: Mya Driver Read more
PfP Capital secures additional £20 million equity commitment from Strathclyde Pension Fund to accelerate Scottish affordable homes-for-rent strategy Apr 25, 2023 PfP Capital, the social value and ESG-focused real estate fund manager, has secured a further £20 million equity commitment from Strathclyde Pension Fund, one of the largest LGPS funds in the UK, for its Mid-Market Rent (“MMR”) strategy (“New Avenue Living” or the “Fund”). Having delivered 511 energy efficient homes to date in major Scottish cities with another 590 under development, […] Posted by: Mya Driver Read more
Link Group secures £70.7m Bank of Scotland sustainability-linked funding Apr 25, 2023 Link Group, one of Scotland’s leading housing and support organisations, has secured a new £70m funding package with Bank of Scotland it was announced this week. The agreement, which includes an existing £10.7m loan, puts in place a five-year Revolving Credit Facility (RCF) of £60m, providing flexibility and liquidity to Link Group to support its […] Posted by: Mya Driver Read more
Glenbrook Investments build Yorkshire portfolio with £4.65 million purchase Apr 25, 2023 Glenbrook Investments (Glenbrook) has completed the acquisition of a multi-let industrial estate in Barnsley, Yorkshire for £4.65million. Fall Bank Industrial Estate in Dodworth comprises eight warehouses totalling 97,761sqft (9,082.28 sqm) and is located less than two miles west of Junction 37 of the M1 motorway. The transaction reflects a 7.5% Net Initial Yield with rents […] Posted by: Mya Driver Read more
Henry Boot completes and commits to further industrial and logistics schemes Apr 25, 2023 Henry Boot announces that its property investment and development business, HBD, has completed on a significant Industrial & Logistics (I&L) scheme whilst simultaneously committing to new developments and adding to its £1.25bn development programme. This month HBD has completed on a £54m (GDV) I&L scheme, Power Park, located on the former Imperial Tobacco plant in […] Posted by: Mya Driver Read more
