Sirius Real Estate set to convert to REIT Mar 25, 2022 Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the UK, announces that it intends to convert its UK business to a UK Real Estate Investment Trust (“REIT”) from 1 April 2022. The proposed REIT conversion follows the Company’s UK acquisition […] Posted by: Nathan Spencer Read more
Octopus and New Care partner to develop £80m five asset care home portfolio Mar 25, 2022 On behalf of the New Care group, Knight Frank LLP has advised on a strategic funding partnership with Octopus Real Estate to finance the development of five future proof care homes valued at circa £80m. The care homes will be constructed by the McGoff Group and operated by New Care after practical completion. The fit […] Posted by: Nathan Spencer Read more
UKREiiF secures Invest in Nottingham as latest event partner Mar 25, 2022 The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) has secured Invest in Nottingham as their latest partner – building on the regional presence already announced by the likes of Midlands Engine, Birmingham City Council and The City of Wolverhampton Council. UKREiiF is set to bring together thousands of delegates comprising of investors, funders and […] Posted by: Nathan Spencer Read more
MX Underwriting to headline UKREiiF Investor Centre Mar 25, 2022 MX Underwriting, the Managing General Agent of Specialist Risk Group, has been announced as the headline partner of the UKREiiF Investor Centre. MX is an insurance business that specialises in real estate, energy and infrastructure transactions and developments in the UK and Europe. Their products provide financial indemnities in the event of a halt or […] Posted by: Nathan Spencer Read more
Willmott Dixon appointed for Bassaleg Comprehensive School upgrade Mar 25, 2022 Willmott Dixon has been appointed by Newport City Council to deliver significant improvements to Bassaleg Comprehensive School that will create over 300 extra school places. Procured using the SEWSCAP3 framework by the council’s property partner Newport Norse, the project will see the creation of a three-storey teaching block which contains dining and assembly areas, as […] Posted by: Nathan Spencer Read more
Mubadala commits further £300m to support CityFibre growth plans Mar 21, 2022 CityFibre shareholder Mubadala Investment Company has committed a further £300m in equity to support its participation in Building Digital UK’s (BDUK) ‘Project Gigabit’ rural programme. The new equity commitment, enabled by the infrastructure vertical of the UAE/UK Sovereign Investment Partnership, builds on Mubadala’s initial £500m investment into CityFibre in September 2021. The investment company has […] Posted by: Nathan Spencer Read more
Together provides £20m funding to Citu for low carbon city centre scheme Mar 21, 2022 A pioneering sustainable developer has secured a £20million finance package to kick-start the next phase of its low-carbon city centre residential scheme. Together, a specialist lender which has a loan book of more than £4.4billion, has agreed the facility with Citu, the innovative developer behind the regeneration of large swathes of Leeds city centre on […] Posted by: Nathan Spencer Read more
Warehouse REIT expands OxCam Arc footprint with £35m MLI acquisition Mar 21, 2022 Warehouse REIT, the AIM-listed company that invests in e-commerce urban and last-mile industrial warehouse assets in the UK, announces that it has exchanged contracts to acquire, via a forward funding agreement, a 170,000 sq. ft multi-let industrial development in Thame, Oxfordshire. The total commitment is £35 million. A partnership between W Lamb Ltd, Blakelands and […] Posted by: Nathan Spencer Read more
Inland Homes JV disposes of Cheshunt Lakeside scheme for £56m Mar 21, 2022 Inland Homes plc, the brownfield developer, housebuilder and regeneration specialist focused on the South and South East of England, today announces the sale, via its joint venture, Cheshunt Lakeside Developments Limited (“CLDL”), of Phase 1B at Cheshunt Lakeside, Cheshunt. The Group is also pleased to announce that is has received a resolution to grant planning permission […] Posted by: Nathan Spencer Read more
Investec backs London student accommodation sector with £35 million Tribe loan Mar 21, 2022 Investec Real Estate announces that it has provided Tribe, the London and Southeast-focused student housing developer, with a £35 million facility, to fund the construction of a purpose-built student accommodation (“PBSA”) development in South Bermondsey, London. It represents Tribe’s first ground up student development project, in a sector which saw investment volumes return close to […] Posted by: Nathan Spencer Read more
