Private housing repairs, maintenance and improvement (RMI) output grew strongly in February and March 2021 – the highest level for over a decade.
Around GBP2.6 billion was invested into UK commercial property in May, a slight decrease on the previous month, but more than twice the corresponding 2020 figure of GBP1.2 billion, according to Colliers.
Research from The Instant Group finds that suburban office markets are outperforming city centres for the first time in over ten years.
London multi-let industrial property had a total return of 20.5 per cent in the 12 months to end-April 2021, with UK-wide distribution warehouses returning over 18 per cent, according to Gerald Eve’s latest In Brief bulletin.
OakNorth Bank provides GBP50m loan to support Brigid Investments in financing McCarthy Stone’s UK retirement living rental portfolio
OakNorth Bank has provided a GBP50 million loan to Brigid Investments, a special purpose vehicle formed by John Laing, and Macquarie Capital.
More rough sleepers and people at risk of homelessness will be supported into accommodation through a new social investment pilot that will create over 200 move-on homes, Rough Sleeping and Housing Minister Eddie Hughes MP have announced.
Investor and asset manager N A S Invest Group (N A S) is expanding its business into the Nordic region. In partnership with a multi-family office serving prominent Danish business owners, the Frankfurt-based company has established a new joint venture based in Copenhagen with the medium-term objective of building a diversified real estate portfolio in the northern European countries.
Aukera Real Estate AG (Aukera) has issued a loan of EUR92 million in Luxembourg on behalf of the real estate debt fund it advises.
The EPISO 5 opportunistic fund, advised by Tristan Capital Partners, has signed definite agreements to acquire 100 per cent of the non-listed portfolio controlled by Summit Real Estate Holdings Ltd, and 77 per cent of the listed GxP German Properties AG platform, in a proprietary/bilateral transaction. The total commercial platform comprises 69 assets, located across key markets in Germany.
Oxford Properties Group (Oxford), a global real estate investor, asset manager and business builder, has extended its global life sciences platform with the acquisition of 310 Cambridge Science Park, United Kingdom, its first investment in the sector in Europe.
Shaftesbury, the Real Estate Investment Trust which invests exclusively in the liveliest parts of London's West End, has confirmed that more than 90 per cent of its food & beverage operators have reopened their doors to customers since restrictions eased and indoor dining returned on Monday, 17 May.
New research by Catella into the residential property markets in 61 cities and 19 countries in Europe has found that the current pandemic phase has had little effect on investor and transaction markets.