Iconic Rothbury Estate: A £35M, 10,000-Acre Historic Property in Northumberland Hits the Market for the First Time in 650 Years Aug 2, 2023 For the first time in over 650 years, the Rothbury Estate, a historic property spanning nearly 10,000 acres, is up for sale. The estate, which is valued at £35 million, includes 23 properties and 12 farms. The Percy family, who have owned land in Northumberland since the 14th century, are the current proprietors of the […] Posted by: Mya Driver Read more
Crunching the Numbers: How UKREiiF Generated £12m for the local Leeds economy Aug 2, 2023 It’s official: UKREiiF has injected more than £12m into the local Leeds economy in 2023 – up from £5.5m in our first year. With nearly £20m pumped into Leeds businesses over two years, it’s an easy assumption that any event the size of UKREiiF will inevitably have a positive impact on its host city…but this […] Posted by: Nathan Spencer Read more
Cain International and Starwood Capital Group Jointly Extend £535M Loan to Canary Wharf Group for Wood Wharf Phase 3 Development Aug 2, 2023 Cain International and Starwood Capital Group, both prominent investment firms, have entered into a £535 million loan agreement with Canary Wharf Group to fuel the upcoming phase of the Wood Wharf residential project. Each firm is set to provide half of the loan, making it one of the most significant development loans issued in the […] Posted by: Mya Driver Read more
Willmott Dixon to deliver Nottingham’s new Green Heart Aug 2, 2023 Willmott Dixon has been confirmed as the main contractor to deliver the next phase of Nottingham City Council’s Broad Marsh Green Heart regeneration scheme. Procured through SCAPE, one of the UK’s leading procurement specialists, the Green Heart is a key element of the vision for Nottingham’s 20-acre Broad Marsh area, transforming a site that was […] Posted by: Mya Driver Read more
Portsmouth News Centre to Make Way for Modern Electric Bus Depot Aug 2, 2023 The former headquarters of a regional daily, The News Centre in Portsmouth, is set to be redeveloped by First Bus, the new owner of the site. The company has submitted a request to Portsmouth City Council for permission to clear the site, which includes the main building. The News Centre was the base of the […] Posted by: Mya Driver Read more
UK Government Proposes Modernisation of Real Estate Investment Trusts Rules to Boost Investment Aug 2, 2023 The UK government is re-evaluating the regulations governing Real Estate Investment Trusts (REITs), deeming some of them outdated and burdensome. Over the past year, several changes have been introduced to the UK REITs regime, and on 18 July 2023, draft legislation was published for the Finance Bill 2023-24, proposing further enhancements to the UK REIT […] Posted by: Mya Driver Read more
UK’s Brunswick Property Partners acquired by Frankfurt’s Feldberg Capital Aug 2, 2023 Feldberg Capital, a real estate investment manager based in Frankfurt, has purchased Brunswick Property Partners (BPP), a UK-based company. The founders of BPP, David Turner and Will Amies, will take on the roles of Head of Investment and Head of Business Development at Feldberg, respectively. Feldberg’s CEO, Rodney Bysh, believes that the local presence and […] Posted by: Mya Driver Read more
Build-to-rent: Still growing but with policy challenges on the horizon Aug 2, 2023 By Oliver Hazell, Senior Account Director at Cavendish The Build-to-Rent (BTR) sector in the housing market is an optimistic one. This was clear as Cavendish colleagues, including myself, attended the Bisnow Build to Rent conference in mid-June in the shadow of Quintain’s coordinated, vibrant and mixed-use development sitting between Wembley Park tube station and a […] Posted by: Mya Driver Read more
Sirius Real Estate Expands UK Portfolio with Two New Industrial Assets Jul 28, 2023 Sirius Real Estate, a leading proprietor and operator of branded business and industrial parks in Germany and the U.K., has announced the expansion of its UK portfolio. The company’s UK subsidiary, BizSpace, has entered into contracts to acquire a portfolio of two mixed-use industrial assets. The newly acquired assets, located in Liverpool and Barnsley, offer […] Posted by: Mya Driver Read more
Border to Coast UK Opportunities Fund to focus on housing, infrastructure and property Jul 28, 2023 Border to Coast, a UK Local Government Pension Scheme (LGPS) pool serving 11 partner funds, is set to introduce a novel UK opportunities strategy. This strategy will channel investments into domestic private market opportunities, including venture capital and growth sectors. The funds will be part of Border to Coast’s current £12 billion private market allocation, […] Posted by: Mya Driver Read more
