Harrison Street, Apache Capital and NFU Mutual Expand Joint Venture Portfolio with Moda Living in UK’s Largest Regional Build-to-Rent Deal Apr 5, 2023 Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with approximately $55 billion in assets under management has expanded its build-to-rent (“BTR”) joint venture (“JV”) with UK investment manager Apache Capital (“Apache”) and NFU Mutual to fund Moda Living’s Great Charles Street, a 722-home BTR development in Birmingham, UK. […] Posted by: Mya Driver Read more
Heimstaden Bostad funds and acquires Edinburgh resi project Apr 21, 2022 Heimstaden Bostad AB has agreed to fund and acquire PLATFORM_’s 464-home residential project in Edinburgh for SEK 1.5 billion (£124.4 million). A build contract was placed simultaneously and practical completion is scheduled for mid-2024. The development is in the Bonnington regeneration area, 2 km (1.2 miles) north of Edinburgh’s city centre, to which it will […] Posted by: Nathan Spencer Read more
Henderson Park acquires Edinburgh’s iconic Caledonian hotel Jul 4, 2023 Henderson Park, the private real estate investment fund manager, together with its in house hospitality operator and asset manager, Klarent Hospitality, has acquired the landmark Waldorf Astoria Edinburgh – The Caledonian. Completed in 1903, the five star 241-room hotel is a category A listed building* with an iconic red sandstone façade, which has been part […] Posted by: Mya Driver Read more
HUB and Bridges Fund Management lodge plans for Edinburgh BtR and creative working scheme Apr 7, 2022 The project will provide 205 Build to Rent homes, including 52 affordable homes, as well as creative workspace co-designed with locals and a new publicly accessible courtyard. The proposals for Beaverhall Road will replace an existing warehouse building, with a contemporary scheme that maintains the site’s status as a hub for the local creative community, […] Posted by: Nathan Spencer Read more
Investec’s student beds commitment passes £800m Apr 12, 2021 Leading asset managers Investec has furthered strengthened its position in the purpose-built student accommodation sector (PBSA) by financing a joint venture deal to build four properties in the UK. Since 2015, Investec has committed more than £820m of finance, funding a mix of domestic and international borrowers and the development of 19,500 beds across 53 […] Posted by: Mark Flanagan Read more
Investigation works planned for Aberdeen City Centre Masterplan Apr 18, 2023 Investigative works are to start next week on the central section of Union Street as part of one of the major projects in the City Centre Masterplan (CCMP). Four trial holes are to be made in the road and pavement to check what services and ducts are underneath the surface before work is due to […] Posted by: Mya Driver Read more
Kennedy Wilson acquires landmark Edinburgh office building from PATRIZIA in £80m deal Feb 8, 2022 Global real estate investment company Kennedy Wilson (NYSE: KW) has acquired Waverleygate, a wholly-owned prime office building in Edinburgh, from the real assets investment manager PATRIZIA for $106 million, excluding closing costs. Waverleygate is one of the most prominent office buildings in the heart of Scotland’s capital city and is 97% occupied by national credit-worthy […] Posted by: Nathan Spencer Read more
Knight Property Group appoints Muir Construction as the main contractor at the first two phases of Belgrave Logistics Park Feb 4, 2022 Knight Property Group has appointed Fife-based Muir Construction as the main contractor on the first two phases of it’s speculative development at Belgrave Logistics Park, in Bellshill, North Lanarkshire. Planning consent was granted in September and works have commenced at the brand new £50 million development on the 14-arce site of the former Devro manufacturing […] Posted by: Nathan Spencer Read more
Lamington Group plans three new net zero room2 hometels in the UK Sep 27, 2022 Family-owned real estate investment and development company, lamington group, has announced it will open net zero room2 hometels in York, Glasgow, and Manchester. The move comes as part of the company’s sustainable property development plan and represents an investment of £114 million. The room2 brand currently has 3 operational establishments in the UK, of which […] Posted by: Nathan Spencer Read more
Landsec plan new £825m urban neighbourhood in Glasgow Jan 25, 2022 Glasgow’s Buchanan Galleries is set to be demolished, making way for a new exciting £825m mixed-use urban neighbourhood. Proposals by Landsec include a transformational development including homes, retail, restaurants and office space. The development company said its vision, developed after conversations with Glasgow City Council, is a response to the disruption facing retail, which has […] Posted by: Nathan Spencer Read more
Lismore’s review highlights positive Scottish investment marketing during 2021 Jan 12, 2022 Leading independent property advisory firm, Lismore Real Estate Advisors today released its comprehensive review of the Scottish investment market for the final quarter of 2021 and predictions for 2022. Despite the ups and downs faced during 2021, the Scottish investment market has fared surprisingly well with investment volumes trading at circa £1.345bn, a 24% increase […] Posted by: Nathan Spencer Read more
M7 Capital loans East Kilbride Nominees Ltd £4.5m to acquire retail park Feb 2, 2022 M7 Capital, a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £4.46 million loan to East Kilbride Nominees Ltd. The property vehicle is managed by David Samuel Properties Ltd (the “Sponsor”) who are a specialist purchaser of Commercial Real Estate assets across the […] Posted by: Nathan Spencer Read more
