The Bridges Property Alternatives Fund and Stoford, a leading commercial property company, have teamed up to acquire and develop the 18-acre Prime 10 site in the Wednesfield area of Wolverhampton, at a total estimated cost of circa £20m. Bridges and Stoford plan to transform the derelict site into a high-specification warehouse and logistics centre; it […]
Read more18-acre site in Wolverhampton has planning permission for over 400,000 sq. ft. of warehouse space The development will bring a site back into commercial use that has been unoccupied for more than ten years Significant local demand for warehouse space – with potential to create more than 400 permanent jobs in an under-served region of […]
Read moreBridges Sustainable Property Fund (the “Fund”) announces the sale of 158/170 Edmund Street, Birmingham to F&C UK Property Fund for £11.65m, reflecting a yield of 5.75%. The 30,000 sq. ft. office building was sold to F&C REIT Asset Management, who acted on behalf of F&C UK Property Fund. The property was acquired in 2012 in […]
Read moreBridges Ventures announces the purchase of the first three investments by the Bridges Property Alternatives Fund, which completed a first closing in April 2014 with over £120 mln (approx. €150.7 mln) of equity commitments from both existing and new institutional and private investors. Read the article here.
Read moreSimon Ringer, head of the Bridges property funds, writes an opinion piece for Estates Gazette on the growing interest within the property world in investing for social and environmental impact. The article includes case studies from the Bridges portfolio, illustrating how an impact-led approach can generate both positive societal benefits and attractive financial returns. Read […]
Read moreBridges’ Sustainable Property Fund bought the property in 2011 Since then the building’s carbon footprint has been reduced by 60% and tenants’ energy bills have been halved The site – which is now fully occupied – is prominently positioned near the M5 The Bridges Sustainable Property Fund, a specialist property fund managed by Bridges Ventures […]
Read moreThe portfolio comprises 50 business centres offering a range of serviced office, light industrial and self-storage units Regus acquired the portfolio last year and will continue to manage it on the existing flexi-leasing model The acquisition is the fifth by Bridges’ new Property Alternatives fund Bridges Ventures (“Bridges”), the specialist sustainable and impact investor, has […]
Read moreThe two sites are in Stoke Mandeville in Buckinghamshire and Diss in Norfolk Both are already let or pre-let to charitable operators providing high standards of care These are the fourth and fifth exits from the CarePlaces Fund, a partnership between Bridges Ventures and Castleoak The CarePlaces Fund, a specialist healthcare property fund managed by […]
Read morePaul Norman of CoStar covered Bridges’ £6m sale of Elmbridge Court, a business park near Gloucester, to Archimedes, a fund managed by M7 Real Estate. Read the article here. (£)
Read moreLegal & General Property has acquired a portfolio of three care homes from Bridges Ventures for £25.2m. Read the article.
Read moreBridges Property Alternatives Fund has bought its first three investments worth around £30m in separate partnerships with Hub and Evanacre. Read the article here.
Read moreLegal & 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
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