Riverstone acquires 2.5-acre London retirement living site Apr 7, 2022 Riverstone, a provider of exceptional London living for over 65s, has announced the acquisition of its third residence on The Bishops Avenue by Hampstead Heath. Riverstone has acquired a 2.5 acre-site on The Bishops Avenue with the ambition of setting new standards for sustainability and the creation of social value in the integrated retirement community […] Posted by: Nathan Spencer Read more
Pocket Living to further accelerate housing delivery with £19.3m funding deal secured from Pluto Finance Apr 7, 2022 Affordable housing developer Pocket Living has secured a £19.3 million debt facility with Pluto Finance, a leading provider of finance for property developers and investors, against its recently completed Addiscombe Grove asset in Croydon. This represents Pocket’s second funding partnership with Pluto Finance, which is a 12-month facility structured by LEXI Finance. This deal will […] Posted by: Nathan Spencer Read more
Fiera and Opus acquire 50-acre site in Bristol for industrial scheme Apr 7, 2022 Fiera Real Estate UK (“FRE UK”) and Opus Land are delighted to announce the acquisition of a 50-acre site in the South West’s premier logistics location. The site was purchased through the Fiera Real Estate Opportunity Fund V UK (“FREOF V UK”), the latest fund in FRE UK’s programmatic venture series with CBRE Investment Management […] Posted by: Nathan Spencer Read more
Leading builder and contractor Sisk announces UKREiiF partnership Apr 6, 2022 Sisk are the latest name to confirm their participation in the inaugural UKREiiF event in May, which now boasts thousands of confirmed attendees from across the industry. Not only will Sisk be exhibiting their business at the event, they’ll also be presenting the ‘Developer of the Year’ award at the prestigious UKREiiF Awards – and […] Posted by: Nathan Spencer Read more
New dawn for nuclear power in the UK – as seven new sites outlined Apr 6, 2022 UK could massively scale up its nuclear power capability by 2050 – with new stations having far greater capacity, it is understood. The Business Secretary has suggested six or seven new sites could be in operation by that point, with all but one of Britain’s existing plants set to be decommissioned by 2030. The PA […] Posted by: Nathan Spencer Read more
Manhattan acquires 5 Fleet Place in London for £190m Apr 6, 2022 Hong Kong-based Manhattan Garments Group has completed the acquisition of 5 Fleet Place, London, EC4 from Poly Global. The value of the transaction is circa £191,000,000, which reflects a net initial yield of around 4%. Manhattan acquired 100% of the shares in the Jersey Company that owns the asset. A part of the Fleet Place […] Posted by: Nathan Spencer Read more
Weston Homes granted planning for £19m Brentwood scheme Apr 6, 2022 Weston Homes have been granted planning approval by Brentwood Borough Council for their new £19 million (GDV) 0.51-acre development providing 60 mixed tenure apartments, located off Brentwood High Street on Western Road. Construction is set to begin in October 2022, with the sales launch planned for Spring 2023 and build completion anticipated in Summer 2024. The new development will […] Posted by: Nathan Spencer Read more
Amazon Property launches £250m real estate fund covering multiple sectors Apr 6, 2022 Amazon Property, the leading London investor-developer run by CEO Charles Gourgey and COO Chris Lanitis, has committed, via Amazon Capital (the group’s private equity division), a £250 million real estate fund to invest in joint venture opportunities in the logistics, managed office solution, PBSA, Life Sciences and retirement sectors. Amazon Property built its strong brand […] Posted by: Nathan Spencer Read more
Acorn Property acquires 12 sites forming £1.2bn development pipeline Apr 6, 2022 Acorn Property Group is on a £390 million (GDV) residential development drive with new sites purchased throughout the South West which will provide 821 homes. This is in addition to further schemes going through the planning process. This follows on from record-breaking sales completions of £158.85 million in 2021: up nearly 250% on the previous […] Posted by: Nathan Spencer Read more
UKREiiF to influence and inspire the industry’s push towards Net Zero Apr 6, 2022 It’s quickly approaching 6-months since COP26 – and the message was incredibly clear, action was needed and it was needed now. Radical change was highlighted across the industry, from the new to bring more innovation into products and the supply chain, to having more focus on sustainability throughout construction, to the longer term legacy from design […] Posted by: Nathan Spencer Read more
