Supermarket Income REIT looks to raise £175m to fund deals Apr 8, 2022 Supermarket Income REIT said it intends to raise £175m to buy some of its near-£600mln pipeline of supermarket properties. The real estate investment trust, which invests in omnichannel supermarket properties, set the issue price for the placing at 121p per share, a 4.3% discount to the last closing price and a 7.1% premium to its last reported EPRA net […] Posted by: Nathan Spencer Read more
Supermarket REIT turns to share issue to maintain spending splurge Mar 5, 2021 Supermarket REIT has announced its intention to raise £100m via a share issue to prepare the ground for a series of high-value acquisitions. The real estate investment trust, which specialises in rental income from grocery property and now has a portfolio worth £1.1bn, has identified 13 targets worth £414m. This week it issued millions of […] Posted by: Mark Flanagan Read more
Sustainable Buildings: How Sustainability Adds Value to Your Building Jan 19, 2022 The future of the construction industry is green, with the UK government announcing plans to achieve net zero emissions by 2050. Construction companies have also begun to consider how to lower their carbon footprint. According to a report by the WBCSD, the construction industry should follow the embodied carbon reduction strategy. This means repurposing material […] Posted by: Nathan Spencer Read more
Sustainable repurposing is a win win for Government, developers and consumers Jul 4, 2021 One of the country’s most innovative commercial property companies is calling on the government to radically rethink how underused retail units in struggling town centres can be transformed into homes. Sebastian Macdonald-Hall, director of Evolve Estates, part of the LCP group of managed companies, said the government should be more interventionist and help to bridge […] Posted by: Nathan Spencer Read more
Sypro expands team with dedicated leads for risk management solution Jul 4, 2021 Leading management and compliance software company Sypro has seen recent demand for its Total Risk Manager (TRM) solution rise to levels that require internal expansion. In response, the Hull-headquartered business has appointed dedicated sales leads, including new head of sales Josh Mitchell. TRM is a comprehensive suite of risk management modules designed to help organisations […] Posted by: Nathan Spencer Read more
TAKING THE LEAD IN BUILDING BACK BETTER Mar 9, 2021 A host of key industry figures have thrown their weight behind today’s launch of The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF), a new vehicle to facilitate economic growth which will culminate in a three-day networking, exhibition and conference super event in Leeds next year. UKREiiF’s mission is to help bring together the public […] Posted by: Mark Flanagan Read more
Target Healthcare REIT completes new acquisition – taking quarterly investment to £170m Dec 20, 2021 Target Healthcare, the UK listed specialist investor in modern, purpose-built care homes, announces that it has completed the acquisition of a major portfolio of 18 operational modern care homes. Combined with the previously noted acquisition of a pre-let development site in Weymouth, the Group’s total investment during the quarter has been £173 million including costs. […] Posted by: Nathan Spencer Read more
Tarmac announced as UKREiiF Net Zero Partner Jan 24, 2022 Tarmac, the UK’s leading sustainable building materials and construction solutions business, has been confirmed as a Net Zero Partner for the UK’s Real Estate Investment and Infrastructure Forum’s (UKREiiF) inaugural event. The company is sponsoring the high-profile industry event’s Net Zero Demonstration Theatre, which will showcase the best and latest products, technology, and innovation within […] Posted by: Nathan Spencer Read more
The Environment Act and the impact on property development Jan 31, 2022 After numerous delays, the Environment Bill has now entered the Statute Book, bringing into force a series of measures and environmental standards which will become mandatory following the end of the Brexit transition period. The key provision for developers and investors to note is that the Act brings in a minimum 10% Biodiversity Net Gain […] Posted by: Nathan Spencer Read more
The Future of Land Value Capture Apr 4, 2022 Secretary of State Michael Gove has argued that the public purse should capture a bigger proportion of the uplift in land value generated by a planning permission. More recently the Housing Minister Christopher Pincher, when asked a question about using land value capture to fund affordable housing in recent evidence to the House of Lords, commented […] Posted by: Nathan Spencer Read more
The Introduction of the Environment Act and the Impact on Development Values Jan 17, 2022 The Environment Act is now in place and following the two year transition period, it will require new development to achieve a minimum of 10% biodiversity net gain (BNG). This change has been put in place to enable the planning system to support, protect and enhance the natural environment in a more measured and consistent […] Posted by: Nathan Spencer Read more
The ongoing greenfield-brownfield debate Jan 12, 2022 In October last year, our team was carrying out some standard research into the extent to which local planning authorities (LPAs) were unlikely to meet the standard methodology target in their emerging Local Plans. Then something happened which caused a sharp increase in those figures: Boris Johnson’s announcement at the Conservative Party Conference that his […] Posted by: Nathan Spencer Read more
