Secure Income continues to scan the market for buying opportunities thrown up by Brexit uncertainty Secure Income (SIR) real estate investment trust (Reit) continues to scour the market for buying opportunities thrown up by Brexit uncertainty. The £1.4 billion long-lease, property fund managed by Nick Leslau’s Prestbury Investments, has a £230 million cash pile following ...
Blackstone prepares new Asia real estate fund to raise at least $5 billion (£4.02 billion), say sourcesBlackstone Group LP (BX.N) is readying a new Asia-focused real estate fund that aims to raise a record $5 billion (£4.02 billion) or more, betting on strong returns from property investments in the region, people familiar with the plans told Reuters. The world’s biggest alternative asset manager will likely launch the fund in the next ...
In a big change to affordable housing funding, the mayor of London will fund social-rent level homes in London with fixed grant rates of £60,000 per unit.