Property Week: L&G buys £25m portfolio of care homes from Bridges Ventures
Legal & General Property has acquired a portfolio of three care homes from Bridges Ventures for £25.2m. Read the article.
Read moreProperty Week: Bridges Ventures latest property fund makes first investments
Bridges Property Alternatives Fund has bought its first three investments worth around £30m in separate partnerships with Hub and Evanacre. Read the article here.
Read moreCoStar: LGP buys care homes portfolio
Legal & General Property (LGP), on behalf of its Legal & General UK Property Fund, has bought a portfolio of three care homes from the Careplaces Fund, the specialist healthcare property fund managed by Bridges Ventures in partnership with care home developer Castleoak for £25.2m. Read the article
Read moreL&G’s PAIF acquires three care homes from Bridges Ventures
Legal & General Property (LGP), on behalf of its Legal & General UK Property Fund, announces that it has successfully acquired a portfolio of three care homes from the CarePlaces Fund, the specialist healthcare property fund managed by Bridges Ventures in partnership with care home developer Castleoak. Purchased for a total consideration of £25.2 million, […]
Read moreThe Economist: New Digs: What to do with old offices
The Economist discusses how the repurposing unused office buildings, as the Qbic Hotel London has done in London’s East End, is saving money and encouraging growth. Located in Whitechapel, the Qbic Hotel offers affordable yet stylish accommodation to leisure and business travellers from as little as £59 per night. Its 171 rooms feature innovative design […]
Read moreProperty Funds: Bridges Ventures launches £500m Property Alternatives Fund
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Read moreProperty Alternatives Fund announces three transactions: £30m invested
Bridges Ventures has today announced the purchase of the first three investments by the Bridges Property Alternatives Fund (the “Fund”) which completed a first closing in April 2014 with over £120m of equity commitments from both existing and new institutional and private investors. Totalling circa £30m of investment, these off-market transactions are focussed on emerging […]
Read moreBridges Ventures launches the Bridges Sustainable Property Fund
Bridges Ventures today announces the first closing of its new Sustainable Property Fund with initial equity commitments of £26m. With the use of gearing, this gives the Fund an immediate investment capacity of over £50m. The Fund builds upon Bridges Ventures’ experience of investing in businesses in regeneration areas and sustainable business sectors. It aims […]
Read moreBridges property sales highlight SME demand for long leaseholds in the Midlands
St Paul’s Square in Birmingham and Newton Court in Wolverhampton both proved attractive to SME buyers Bridges sold the individual units within the two buildings at an average price of £110 per sq. ft. and £175 per sq. ft. respectively, having carried out extensive refurbishment work to make the buildings more attractive to SMEs The […]
Read moreBridges Ventures hires Acquisitions Director and Associate for Bridges Sustainable Property Fund
Bridges Ventures, the investment company whose commercial expertise is used to deliver both financial returns and social and environmental benefits, is pleased to announce two additions to its Sustainable Property Fund team. Guy Bowden joins as Acquisitions Director and David Schlegel joins as an Associate. Guy has over 20 years experience in the property industry with […]
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