Logistics occupiers seek expansion plans outside of traditional hubs Jun 8, 2022 A new survey from global real estate advisor, CBRE, has indicated that logistics occupiers are still focused on expansion, with many now considering alternative locations due to the prolonged imbalance in supply and demand. CBRE’s 2022 European Logistics Occupier Survey, in conjunction with Analytiqa, analysed responses from more than 100 of the largest European logistics […] 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
LXi REIT secured nine acquisitions in £87m deal Feb 14, 2022 The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected long income REIT, is pleased to announce the following nine acquisitions, funded by its recent £250 million equity capital raise (the “Capital Raise”). The acquisitions, which have been transacted predominantly on an off-market basis with seven different vendors/developers, total £87 million and reflect an […] Posted by: Nathan Spencer Read more
Macquarie Asset Management acquires significant stake in Virtus Data Centres Aug 19, 2022 St Telemedia Global Data Centres (ST Telemedia) has reached an agreement for Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, to acquire a significant minority stake in leading data centre provider VIRTUS Data Centres (VIRTUS). VIRTUS provides colocation and cloud connectivity services to blue-chip clients, including global technology companies and enterprise clients. Its portfolio […] Posted by: Nathan Spencer Read more
Major new housing developments on horizon as approvals rise Jun 20, 2023 While the housing market is suffering a slowdown right now, the prospects for major new housing developments have brightened spectacularly in recent months. Detailed planning approvals for large new housing developments – which are typically in urban areas and involve over 250 homes/flats – were worth £3,952 million in the three months to April, more […] Posted by: Mya Driver Read more
Man Group bids to finance 3,500 affordable homes by 2026 Apr 12, 2021 Global investment giants Man Group today announced its intention to raise £400m for a new community housing fund, having already received £20m from Homes England, the first time the QUANGO has committed to an agreement of this type. Man Global Private Markets’ first foray into the affordable housing market has attracted investments from the likes […] Posted by: Mark Flanagan Read more
McLaren Forward Funds three projects worth £175m Jun 6, 2023 Brookfield-owned Student Roost, one of the UK’s largest purpose-built student accommodation providers, and McLaren Property, market leaders in residential and student property development, have agreed a forward funding deal of c£180 million for three new student accommodation schemes. McLaren Property will deliver a portfolio of 1,387 beds spread over three developments in two prime, regional […] Posted by: Mya Driver Read more
MFG and LondonMetric sign first-of-its-kind EV charging partnership Jan 25, 2022 25 January 2022: Motor Fuel Group (MFG), the UK’s leading independent forecourt operator, is pleased to announce an Electric Vehicle (‘EV’) partnership deal with leading real estate owner and manager, LondonMetric Property Plc, representing MFG’s first off-network agreement. The initial programme with LondonMetric will see MFG build 6-8 bay Ultra-Rapid 150kW EV charging hubs at […] Posted by: Nathan Spencer Read more
Morgan Sindall appoints Kate Bowyer as Managing Director for Muse Feb 25, 2022 Kate Bowyer is to become the new managing director of urban regeneration firm Muse Developments, its parent company Morgan Sindall Group plc announced on Thursday. Kate, currently Muse Developments’ Finance Director, will take on the role from MD Matt Crompton, who is retiring, in April this year. “This is an exciting time to be taking […] Posted by: Nathan Spencer Read more
Morgan Sindall performing ahead of ‘previous expectations’ Apr 22, 2021 Morgan Sindall is predicting its 2021 results will be ‘significantly ahead of our previous expectations’ with its construction division leading the way after last spring’s Covid shock. The total secured workload for the Group, as of March 31st 2021, was £8.1bn, up 8% from the corresponding prior year position (down 2% from the 2020 full […] Posted by: Mark Flanagan Read more
Mott MacDonald announced as UKREiiF Main Stage Partner Jan 25, 2022 At the inaugural UKREiiF event in Leeds between 17-19 May 2022, Mott MacDonald will take to the Main Stage as part of the Connecting People to Opportunity Panel. Global engineering, management and development consultants Mott MacDonald has thrown their weight behind the inaugural UKREiiF event by sponsoring the Main Stage Session discussion around Connecting People […] 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
