Latest news – Page 24
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ICG lends Salboy £100m to fund Manchester resi development
The deal supports ICG Real Estate’s strategy to fund assets in sectors with “compelling long-term structural drivers”.
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INREV CEO to step down
Since being appointed chief executive in 2017, Lonneke Löwik has driven the association’s expansion by growing its membership base by 23%.
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Regional REIT launches £130m disposal programme to pay down debt
The sales comprises 58 assets as the group looks to bring its loan-to-value figure down to its target of 40%.
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Olympia appoints head of placemaking and estate operations director
The London regeneration project has appointed Rachele Caltagirone and Andrew Thomson to its team.
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Joe’s Blooms launches first digital BNG solution for SME developers
The tool is designed to streamline the biodiversity net gain process for small and medium-sized enterprises.
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LGPS Central acquires Goodmayes Retail Park
The retail park is located in an area that is expected to see ”significant regeneration and growth”.
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Glasgow council approves 2030 city regeneration strategy
The new strategy will see billions of pounds in public and private investment ploughed into the city centre.
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Abri and Vistry partner to develop 1,500 homes in West Sussex
The 50/50 joint venture will develop the scheme on a former airfield site in Arundel.
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Alder King partner Stretton takes board advisory role at Soul Padel
The UK padel operator, Soul Padel has appointed partner and head of investment at Alder King, Oliver Stretton will be a board adviser for the business.
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Natwest pledges to invest £5bn in UK social housing
The funding will be distributed across the sector between 2024 and the end of 2026.
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Aprirose agrees ground rent acquisition on trio of hotels
The company has acquired the ground rents of Oulton Hall in Leeds, Slaley Hall in Northumberland and Crewe Hall in Cheshire from Lloyds Pension Fund.
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Greystar and Student Roost get go-ahead for Bristol scheme
The development will include mixed-use student accommodation and co-living studios.
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Helical sells City office scheme for £43.5m
The disposal price represents a 6.5% discount to the 30 September 2023 book value.
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Grosvenor to expand residential debt platform with £900m boost
The funding will support housing delivery over the next decade.
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Fintech firm Wise to move HQ to Worship Square
The Shoreditch office building is set to be completed this summer.
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Liverpool to pioneer Locally Led Urban Development Corporation model
The LLUDC model aims to put the city at the forefront of development with new powers in areas including planning.
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Moat secures £100m funding for retrofits and housebuilding
The Lloyds Bank loan will accelerate the the housing association’s sustainability ambitions.
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Swiss Life Asset Managers UK chair to step down
The chairman and former chief executive James Thornton will leave the business on 30 April.
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Oxford Properties and LCP’s Heathrow logistics scheme cleared for take off
The pair acquired the site next to the airport from British Airways in 2020.
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Paragon Bank funds £21.7m Elevate regeneration project in Birmingham
The development finance will support Elevate Property Group to create 111 city-centre homes.