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.
A rapid rise in the number of electric vehicles (EVs) in Scotland presents an opportunity for the country’s property sector to contribute to the national drive for net zero and revive the hard-pressed retail sector, according to the latest research from Knight Frank.
Despite the outbreak of the Covid-19 pandemic, global real estate investment managers raised at least EUR123 billion (USD150.7 billion) of new capital for non-listed real estate in 2020, according to the Capital Raising Survey 2021, published by ANREV, INREV and NCREIF.
Momentum continued in industrial & logistics and living sectors in Q1 2021 across EMEA region, says Colliers
The industrial and logistics sector has seen continued strong momentum while large scale office transactions have slowed in European investment volumes, as many countries saw overall activity halve in comparison to Q1 2020, notes Colliers in its latest EMEA Markets Snapshot Capital Markets Q1 2021.
Additional 8.6 million sq m warehouse space needed in Europe to meet parcel delivery demand, says Savills
According to a recent report from Savills, an additional 8.6 million sq m of warehouse space is required by parcel companies in Europe between 2021 and 2025 to keep up with growing ecommerce demand.
Octopus Real Estate, Schroders Real Estate and Elysian Residences form JV to develop luxury retirement villages
A joint venture between Elysian Residences, a luxury retirement living developer, and the UK Retirement Living Fund (ReLF) which is managed by Schroders Real Estate, and advised by Octopus Real Estate, has been formed to develop retirement communities.