Slate invests £50m into UK vertical farming Jun 1, 2022 Slate Asset Management has invested £50m in UK-based vertical farming business Eider VF (EVF).The asset manager said the investment was made on behalf of the Cities and Communities Impact Infrastructure Strategy launched in February this year.Founded in 2016, EVF develops farms growing leafy produce to be sold to the UK mass market. EVF’s products are […] Posted by: Nathan Spencer Read more
University secures landmark ESG loan for city campus plans from Barclays Jun 1, 2022 University of Gloucestershire is one of the first universities in the UK to secure funding linked to its commitment to Environmental, Social and Governance (ESG) goals. The University has secured £29million in ESG linked loans from Barclays that will contribute to supporting its ambitious City Campus development and ESG goals: to recruit a higher proportion […] Posted by: Nathan Spencer Read more
Aldermore provides £11m loan to Russell Armer Homes for new resi scheme Jun 1, 2022 Aldermore has provided a £10.7m loan to Russell Armer Homes to deliver a housing development in Kendal. The Meadow Rigg site is located on the northern edge of Kendal, which is at the southern edge of the Lake District in Cumbria. The development is another joint venture between Russell Armer Homes and the Housing Growth […] Posted by: Nathan Spencer Read more
Oxenwood secures £63m development loan from Blackstone Jun 1, 2022 Oxenwood Real Estate, the UK and European real estate investment management firm, has secured a £63 million debt facility from Blackstone Real Estate Debt Strategies to fund two UK logistics developments.The three-year development loan has been secured on behalf of Oxenwood Logistics Fund 1 SLP, a discretionary fund managed by Oxenwood. The largest of the […] Posted by: Nathan Spencer Read more
Clearbell closes £150m investment programme Jun 1, 2022 Clearbell UK Strategic Trust (CST), a Trust advised by Clearbell Capital, has announced that it is now fully invested, following the acquisition of 6-24 Britannia Street in Kings Cross for £13.5m. CST has acquired 20 assets over 12 separate transactions since November 2020, totalling more than £150m. The mixed-use portfolio has significant exposure to logistics, […] Posted by: Nathan Spencer Read more
Helical and Baupost JV disposes of London asset for £16.5m Jun 1, 2022 Helical plc, a UK real estate investment trust (REIT) specialising in the redevelopment and refurbishment of highly sustainable, best-in-class London office buildings together with its joint venture partner Baupost Group, has exchanged contracts to sell 55 Bartholomew Close to a private European investor for £16.5m. The sale price reflects a net initial yield of 4.5% […] Posted by: Nathan Spencer Read more
Willmott Dixon Interiors hands over Urgent Treatment Centre at Brighton hospital May 30, 2022 Willmott Dixon Interiors has completed work on a £2.85 million extension to the accident and emergency department at the Royal Sussex County Hospital in Brighton, that will improve the care environment for patients receiving urgent treatment. The national fit-out and refurbishment specialist has delivered a new Urgent Treatment Centre that is linked to the hospital’s […] Posted by: Nathan Spencer Read more
Pagabo reveals winners for £1.5bn Civils and Infrastructure Framework May 27, 2022 National framework provider Pagabo has announced the appointment of 48 suppliers to its brand-new £1.56bn civils and infrastructure framework, which goes live on 1 June 2022. The awards include Buckingham Group, John Sisk and Son, and Galliford Try Construction. The new framework will run for four years until May 2026 with the option to extend […] Posted by: Nathan Spencer Read more
Warehouse REIT and Panattoni to deliver major logistics park in the North West May 26, 2022 Warehouse REIT, the urban and ‘last-mile’ industrial warehouse investor, has entered into a development agreement with Panattoni, the largest logistics real estate developer in Europe, to bring forward the development of up to 2 million sq ft at its logistics hub at Radway Green, in Crewe. Under the terms of the agreement, Panattoni, which has […] Posted by: Nathan Spencer Read more
Packaged Living BtR scheme in Newcastle gets planning approval May 26, 2022 This week, following a planning application from Packaged Living, Newcastle City Council approved plans for a 289-unit residential scheme on Newcastle’s Quayside. The impressive new development will sit on a 1.5-acre site alongside the river and will include significant amenity space, commercial space, and on-site car parking for residents. Quayside 12 has environmental and residents’ […] Posted by: Nathan Spencer Read more
