MAG announces plans to deliver £440m second phase of Transformation Programme

MAG (Manchester Airports Group) today revealed the green light for a £440m of investment in Manchester Airport, creating thousands of jobs and unlocking billions of pounds of economic value for the North over the next decade. The investment will transform the passenger experience at the UK’s third largest airport, with new spacious facilities, state-of-the-art technology […]

Posted by: Nathan Spencer

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Puma Property Finance and Vita Group partner on new student accommodation scheme in the heart of Belfast with £24m deal

Puma Property Finance (Puma) has today announced it is providing a £24m development facility for Vita Group’s latest purpose-built student accommodation (PBSA) with 269 studio rooms in Belfast City Centre.  Developed and operated by Vita Student and targeting completion for incoming students during the September 2023 academic year. It is conveniently situated between the prestigious […]

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Silbury Finance passes £500 million lending milestone with £64 million retirement living transaction

Silbury Finance, the Oaktree Capital Management-backed development lender, has passed half a billion of committed lending in the UK Living sector in under two years, with the provision of a £64.3 million loan to a joint venture vehicle (“JV”) established by Elysian Residences and Senior Living Investment Partners, a partnership between Pension Insurance Corporation plc […]

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New housing association Southern Housing acquires 794 homes in Surrey, Berkshire & Hampshire from L&Q

Southern Housing has confirmed its first major asset acquisition since registering as a housing provider in December 2022 following the merger of Southern HousingGroup and Optivo. The first tranche transfer of 694 homes from L&Q, which completed today, builds on Southern Housing’s already significant presence in Surrey, England. Richard White, Executive Development Director at Southern […]

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Henry Boot Trading Update: “Optimistic”

Tim Roberts, Chief Executive Officer commented: “Having seen strong sales across the Group, we have had our best year ever at an underlying profit level. Reflecting a particularly challenging backdrop as the year progressed, during which a noteworthy £30m of accretive sales was achieved in a weak market, the year-end valuation movements in our investment […]

Posted by: Nathan Spencer

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St. Modwen Logistics completes acquisitions in Birmingham and Manchester totalling 175,000 sq ft

St. Modwen Logistics, one of the UK’s leading logistics developers and managers, has completed two acquisitions in Birmingham and Manchester as it continues to expand its portfolio in major cities across the country. Network Park industrial estate is situated 1.7 miles from Birmingham City centre and was constructed in the early 2000s, comprising six high-quality […]

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Addleshaw Goddard latest name to sign up for UKREiiF

Global law firm Addleshaw Goddard have officially announced their involvement with the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), set to take place between 16-18 May 2023, in Leeds. The partnership will see Addleshaw Goddard, which works with over 3,000 major businesses every year, brand the Registration area – where thousands of delegates from […]

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Scots’ energy specialists ESS open in US to meet demand as a year of major international contracts brings sales and profits surge

A transformative year in 2022 has seen Energy Specialist Solutions (ESS), a Scottish-based company which operates globally, triple its sales, nearly quadruple its pre-tax profits and open in America to take advantage of opportunities across the power generation sector. Previously focused primarily on technically complex electrical engineering, ESS has repositioned itself in an intensely competitive […]

Posted by: Nathan Spencer

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