Aedifica invests £29m in the construction of two care homes in the UK Mar 25, 2022 Aedifica has acquired two care homes under construction in the UK – based in Leeds and Northampton. The Leeds site is within Rawdon, acquired for £14.5m with the capacity for 66 units – the operators is Danforth. And the Northampton site on in Overstone also has capacity for circa 66 units and it was acquired […] Posted by: Nathan Spencer Read more
UKREiiF to Measure Social Value of Inaugural Event Mar 25, 2022 At the inaugural UKREiiF event in May, event organisers Built Environment Networking will team up with Loop – one of the UK’s leading social value calculators, to measure and maximise the social value generated from the event, with the longer term vision to utilise the finalised report as a catalyst for future events. Since their […] Posted by: Nathan Spencer Read more
Capital&Centric and Kamani Property Group submit plans for new Ancoats community Mar 25, 2022 Plans to create a vibrant canalside community at Manchester’s Ancoats Works have been submitted to Manchester City Council by developers Capital&Centric and Kamani Property Group. New images of the £50 million project – including canalside apartments, town houses, gardens and a new café bar or store – have been revealed. They show the proposed designs […] Posted by: Nathan Spencer Read more
PATRIZIA launches £75m fundraise for ESG-linked capex projects in flagship UK open-ended Core fund Mar 25, 2022 PATRIZIA, a leading partner for global real assets, has gone to market to raise up to GBP 75 million from new and existing investors on behalf of its flagship UK Core balanced fund, PATRIZIA Hanover Property Unit Trust (“Hanover” or the “Fund”). The capital will finance a capex programme delivering significant ESG-related improvements across the […] Posted by: Nathan Spencer Read more
Moorfield and Stor-Age acquire UK self storage portfolio Mar 25, 2022 UKREiiF attendee Moorfield Group, a UK-focused real estate fund manager (“Moorfield”), announces that is has acquired a 302,000 sq ft self storage portfolio. The acquisition was made behalf on behalf of its Moorfield Real Estate Fund V (“MREF V”) and through its joint venture with Stor-Age (the “JV”), the South African self storage Real Estate […] Posted by: Nathan Spencer Read more
Hearthstone Investments: Acquisition of 70 new homes in Fareham, Hampshire Mar 25, 2022 Hearthstone Investments, a specialist in suburban private rented housing exchanged contracts for 70 new homes on a development near Fareham, Hampshire. The transaction with a national housebuilder comprises 64 houses and a small apartment block. The site is part of a new master planned community of 3,500 homes off the M27 between Southampton and Portsmouth. […] Posted by: Nathan Spencer Read more
Scottish Cities Alliance form partnership ahead of inaugural UKREiiF event Mar 25, 2022 Scottish Cities Alliance, representing seven Scottish cities, have formed a partnership with event organisers Built Environment Networking ahead of the inaugural UKREiiF event taking place in Leeds between 17-19 May 2022. The Alliance is a unique collaboration of Aberdeen, Dundee, Edinburgh, Glasgow, Inverness, Perth and Stirling, in addition to the Scottish Government, working together to promote the […] Posted by: Nathan Spencer Read more
Newcore’s social infrastructure fund invests £27m in initial four assets Mar 25, 2022 Newcore Capital Management has acquired the maiden assets for its latest value-add, social infrastructure fund. The UK social infrastructure real estate manager said it has invested £27m (€31.4m) acquired the first four assets for Newcore Strategic Situations V LP, a fund seeking to raise £300m. Newcore said it has bought three educational properties in Surbiton, Blackheath and […] Posted by: Nathan Spencer Read more
Art-Invest Real Estate secures planning for Canada Water Dockside Mar 25, 2022 Art-Invest Real Estate (Art-Invest) is pleased to announce that Southwark Borough Council has resolved to grant outline planning consent for the development of Canada Water Dockside, an office-led scheme in Canada Water. Canada Water Dockside, which marks Art-Invest’s largest investment in London to date, is a 4.5-acre site adjacent to British Land’s Canada Water masterplan […] Posted by: Nathan Spencer Read more
Octopus Real Estate funds GSE Group’s 400-unit Ashford site with £22m loan Mar 25, 2022 Octopus Real Estate, part of Octopus Group and a leading UK specialist real estate lender and investor, has completed a £22 million loan secured on a 48-acre site with planning consent for the development of 400 new homes in Ashford, Kent. The site forms part of a wider 140-acre mixed use development, Waterbrook Park, being […] Posted by: Nathan Spencer Read more
