Deutsche Finance International (DFI) appoints first Head of Tax Apr 29, 2021 Deutsche Finance International (“DFI”), the pan-European private equity real estate investor which manages €2.8 billion of assets and specialises in customer-centric real estate, has hired Michael Attfield as Head of Tax. The appointment is in line with DFI’s strategy to operate its platform with a strong in-house professional team, ensuring best in class execution and […] Posted by: Nathan Spencer Read more
Allegra Care and Moorfield JV acquires Sentinel Health Care Group in £125 vision Apr 29, 2021 The acquisition is the first form the newly formed £125m nursing home partnership Allegra Care, the UK-focused care home operator, and Moorfield Group, a leading UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of Sentinel Health Care, the privately owned nursing home group. […] Posted by: Nathan Spencer Read more
Wokingham shows how local authorities can lead the way on the climate crisis Apr 28, 2021 Photo Credit: HLM Architects When the UK government adopted the target to be net zero by 2050 back in June 2019 it became the first major economy to make such a commitment. Around the same time a number of local authorities adopted more ambitious targets, with Wokingham Borough Council approving its 2030 net zero target […] Posted by: Nathan Spencer Read more
Newcastle Campus for Ageing and Vitality development partner required Apr 28, 2021 Newcastle University is seeking a principal development partner for a multi-million-pound mixed use scheme located on a 29-acre brown-field former hospital site in Newcastle City Centre. The development, known as the Campus for Ageing and Vitality (CAV), will be the first of its kind within the UK, drawing together all aspects of healthy ageing innovation, […] Posted by: Nathan Spencer Read more
World’s biggest sovereign wealth and pension funds eye up UK green investment opportunities Apr 28, 2021 The UK is in talks with some of the world’s biggest sovereign wealth and pension funds about investing in British green energy projects, including gigafactories and offshore wind farms. UK minister Gerry Grimstone told the Financial Times earlier today that he has had discussions with investors including Temasek and GIC, the Singaporean sovereign wealth funds, […] Posted by: Nathan Spencer Read more
Deutsche Bank reveals best quarter in seven years Apr 28, 2021 Deutsche Bank swung to better-than-expected net profit in the first quarter of 2021 as strength at the investment bank helped offset the headwinds of an ongoing restructuring programme and the coronavirus pandemic. Deutsche painted a rosier look for 2021, saying it now expects revenues to be “essentially flat”, compared with a previous estimate of “marginally […] Posted by: Nathan Spencer Read more
Lloyds Banking Group beats forecast with £1.9bn profit Apr 28, 2021 Earnings at Lloyds Banking Group have surged back, with a forecast-beating £1.9bn in pre-tax profits for the first quarter, as the lender released hundreds of millions of pounds-worth of loan loss provisions originally earmarked for potential defaults linked to the coronavirus pandemic. Lloyds released £459m from a cash pile meant to cover bad debts in the first […] Posted by: Nathan Spencer Read more
BMO Real Estate Partners Announces Head of Research Apr 28, 2021 BMO Real Estate Partners (BMO REP), part of Canada’s BMO Financial Group’s £227 billion Global Asset Management business, announces the appointment of Joanna Tano as Head of Research. Joanna will be based in London, reporting directly to Angus Henderson, Head of Business and Product Development. She will work across BMO REP’s European footprint with the […] Posted by: Nathan Spencer Read more
Europa Capital promotes four with James Farmer appointed Partner Apr 28, 2021 Europa Capital, the pan-European real estate investment manager, announces that it has promoted James Farmer to Partner, in addition to three further promotions across origination and acquisitions and investor relations. James joined the business as an Associate in 2010 from the Royal Bank of Scotland and during that time has assumed responsibility for acquisitions in […] Posted by: Nathan Spencer Read more
King’s Cross To Become UK’s First Green Gas Neighbourhood Apr 28, 2021 New deal will see King’s Cross become the first neighbourhood in the UK to move its entire gas supply to green gas The new partnership with Iona Capital will reduce the carbon footprint of King’s Cross by 50%, saving 20,000tCO2 per annum King’s Cross has announced a landmark deal with Iona Capital, a leading low […] Posted by: Nathan Spencer Read more