UK healthcare market shows resilience as sector recovers from the pandemic Jan 26, 2022 The UK healthcare property market showed resilience against the impacts of the pandemic, with operators reporting recovering occupancy levels and stronger than expected margins, according to global property adviser Knight Frank. Knight Frank’s latest UK Healthcare Property Market Overview shows that occupancy rates in the elderly care market were down 9.7% year-on-year in 2021, averaging […] Posted by: Nathan Spencer Read more
Lord McLoughlin confirmed as Chair of Transport for the North Jan 26, 2022 The North’s political and business leaders have approved the appointment of Lord Patrick McLoughlin as the next Chair of the Transport for the North Partnership Board and Board. Lord McLoughlin has had an extensive career in UK politics for more than 30 years, serving as the Member of Parliament for Derbyshire Dales between 1986 and […] Posted by: Nathan Spencer Read more
Sanctuary’s sustainability and climate change lead joins UKREiiF line-up Jan 26, 2022 At the inaugural UKREiiF event in Leeds between 17-19 May 2022, Sanctuary’s Donna Williams will join a discussion focused on the residential green retrofit agenda. Sanctuary, one of the UK’s largest housing associations and landlord to more than 105,000 properties, will be represented at UKREiiF by Donna Williams, Group Director of Sustainability and Climate Change. […] Posted by: Nathan Spencer Read more
SevenCapital partners with MARK on £500m London residential scheme Jan 26, 2022 Leading UK developer SevenCapital has acquired a 50% stake in a landmark £500 million prime scheme in Kensington, with pan-European real estate investment manager MARK holding the other 50%. The project, located at 100 West Cromwell Road, will deliver 462 high quality new homes in this highly sought-after location, including 40% affordable housing. Today’s announcement marks the […] Posted by: Nathan Spencer Read more
Kinrise embarks on the transformation of prize Leeds building Jan 26, 2022 Leading UK property company Kinrise is embarking on a comprehensive refurbishment programme of its latest high-profile acquisition in Leeds, Trevelyan Square. Kinrise has bought the freehold, 3.5 acre site in the heart of the city in a multi-million pound deal. The creative office specialist will refurbish 1 Trevelyan Square, a seven-storey 53,688 sq.ft building, and […] Posted by: Nathan Spencer Read more
£2.5bn injection to deliver 18,000 homes across Greater Manchester Jan 25, 2022 Greater Manchester Housing Providers (GMHP), a unique partnership of regional housing providers working together to make a positive different to people and communities, have released major plans to develop 18,000 new homes across the region in the next 5 years. It forms part of their vision to deliver 50,000 new and affordable homes by 2037 […] Posted by: Nathan Spencer Read more
BP submits Government bids over major clean energy projects Jan 25, 2022 Tees Valley Mayor Ben Houchen has welcomed news that global energy company bp has today (25 January) submitted bids to government to secure support for two major low carbon energy projects in the region. The bp-operated Net Zero Teesside Power project (NZT Power) and bp’s H2Teesside hydrogen project have submitted bids into Phase 2 of […] Posted by: Nathan Spencer Read more
Quadreal and Valor to invest additional £2.5bn into logistics assets Jan 25, 2022 UKREiiF attendee QuadReal Property Group (“QuadReal”) and pan-European urban logistics specialist Valor Real Estate Partners (“Valor”) have expanded their partnership with the launch of a second Joint Venture (the “JV”) to invest an additional €3 billion in urban logistics assets located primarily in UK, France and Germany. The new vehicle’s value-add and development strategy will […] Posted by: Nathan Spencer Read more
BMO acquires logistics asset and supermarket in latest spree Jan 25, 2022 UKREiiF attendee BMO Real Estate Partners (BMO REP), the pan-European property investment and asset management specialist arm of BMO Global Asset Management (EMEA), has acquired a Lidl store in Chichester, West Sussex for £9.5 million, reflecting a 4% net initial yield. The investment has been undertaken on behalf of a separate account mandate, for which […] Posted by: Nathan Spencer Read more
Silbury provides £43m in loans to unlock Aldgate and Bath developments Jan 25, 2022 Silbury Finance (“Silbury”), the development lender backed by Oaktree Capital Management, has provided two senior loans, totalling £43 million, to fund the development of two residential schemes in Aldgate and Bath. Reflecting Silbury’s commitment to funding new developments that meet the highest environmental standards, both loans include a discount on the exit fee for the […] Posted by: Nathan Spencer Read more
