Immofinanz to reach emission-free status by 2040 Dec 20, 2021 Immofinanz is making an important contribution to the fight against climate change with its new Net Zero Emission Strategy. Plans call for a reduction of 60% (below the 2019 level) in all greenhouse gas emissions by 2030 – and by 2040, this leading European commercial real estate company intends to be emission-free along the entire […] Posted by: Nathan Spencer Read more
Impact Healthcare REIT raised £22m ahead of acquiring six portfolios for £169m Jul 8, 2022 Impact Healthcare REIT has raised £22.3m in a placing and offer for subscription. The group said the proceeds would be used with existing resources to acquire a pipeline of care home investments. The group is in advanced negotiations to acquire six portfolios, consisting of 27 separate care homes, for a total of £169m. Existing resources include £70m of […] Posted by: Nathan Spencer Read more
IN FOCUS: Global renewable energy visionaries RES Feb 12, 2021 RES is leading the way in the drive towards a zero carbon society and meeting the UK’s renewable energy needs. We asked them about their plans and playing their part in the sustainability revolution. You have built a development portfolio of over 2GW of Wind and Solar energy in the UK and RES has established […] Posted by: Mark Flanagan Read more
In-demand Supermarket REIT bolsters reserves by £150m Mar 19, 2021 Supermarket REIT confirmed today it has raised £150m via its latest share issue to maintain its policy of aggressively buying up supermarkets that also act as warehouses for online services. The real estate investment trust had originally hoped to raise £100m but such was the demand the board authorised the 50% increase. The funds will […] Posted by: Mark Flanagan Read more
Inclusion Group Re-Appoints Ward Hadaway to its Legal Framework Feb 28, 2021 One of the UK’s leading providers of supported accommodation has re-appointed Ward Hadaway to its legal panel framework. Inclusion Group headquartered in York, operates almost 3,000 units in management, located across over 100 local authority areas of the UK to meet the specific care and support needs of adults with learning disabilities, mental ill health, […] Posted by: Nathan Spencer Read more
InfraRed Capital cashes in on last-mile logistics portfolio Mar 25, 2021 InfraRed Capital last night confirmed the £250m sale of its portfolio of last-mile logistics assets in the UK and France to Blackstone real estate funds. The warehouses, comprising 2.2million sqft of space across 50 Anglo-French properties, located mainly in urban locations near Manchester, Liverpool, Leeds and Sheffield, will be incorporated into Mileway, Blackstone’s pan-European last […] Posted by: Mark Flanagan Read more
Infrastructure powerhouse Chancerygate maintains warehouse building momentum Mar 9, 2021 Industrial developer and asset manager Chancerygate has announced it has committed to starting the development of nine sites. Ranging from Bournemouth to Warrington, the sites will have a combined gross development value of £160m and deliver close to 975,000 sqft of Grade A industrial and warehousing accommodation. The schemes form part of Chancerygate’s three million […] Posted by: Mark Flanagan Read more
Innovative partnership launches new net gain measurement tool Jul 29, 2021 A brand-new tool to help built environment professionals play a greater part in nature recovery and climate resilience has been officially launched. The Nature Assessment Tool for Urban and Rural Environments (the NATURE Tool) records the extent to which any new infrastructure or development project delivers ‘net gains’ for the natural environment. The drive for […] Posted by: Nathan Spencer Read more
Invesco relaunches UK Fund with ESG focus Feb 2, 2022 Invecso has relaunched its UK Companies fund as the Sustainable UK Companies Fund to capitalise on the ‘underestimated’ opportunities in the UK market. The fund will continue to be managed by Tim Marshall, and its risk profile and objectives will remain unchanged. It will use a scoring system to identify opportunities in ‘misunderstood and mispriced’ […] Posted by: Nathan Spencer Read more
Investors pile into LondonMetric’s capital-raising debt issue Mar 25, 2021 LondonMetric has raised £380m from Trans-Atlantic institutional investors keen to support the asset management company’s long-term logistics strategy. The private debt, which has a blended maturity of 11.1 years and blended interest rate of 2.27%, was upsized from an initial target of £150m due to demand. A £50m tranche (‘Green Notes’) is subject to a […] Posted by: Mark Flanagan Read more
Investors playing long game push Aviva through £1bn barrier Mar 30, 2021 Aviva Investors’ Real Estate Long Income team (RELI) secured a record £1bn of new capital commitments during 2020 according to figures released by the company today. The investments came from a mixture of local authority and institutional mandates, with investors increasingly seeking resilient income streams that can also offer cashflow matching characteristics. Of the £1bn, […] Posted by: Mark Flanagan Read more
IPSX appoints Roger Clarke as Group Chief Executive Jan 25, 2022 IPSX Group Limited (“IPSX Group), which, through its wholly owned subsidiary IPSX UK Limited (“IPSX UK”) operates the world’s first regulated securities exchange dedicated to commercial property and real assets – collectively IPSX – announces two new senior leadership appointments as it embarks on the next phase of its delivery and prepares for the increased […] Posted by: Nathan Spencer Read more
