Michele Giddens, Bridges’ partner and co-founder, was profiled in The Financial Times recently, talking about the role that impact investment and profit-with-purpose businesses can play in tackling some of the UK’s pressing social challenges. In the article, Michele talks about Bridges’ growth from its first fund in 2002 to today’s multi-fund platform. She also calls […]
Read moreSocial sector organisations should be playing a much greater role in delivering outsourced public services – and social impact bonds are a useful tool to help them capitalise on the growing interest in outcomes-based commissioning, writes Andrew Levitt for Pioneers Post. Read the full article here. Read our latest report on the evolution of social impact […]
Read moreProperty Alternatives Fund IV raised money in just three months thanks to strong demand from existing investors, particularly local authority pension funds Bridges’ previous property fund has been fully invested in just two years across 14 transactions The new fund will follow the same strategy of investing in niche sectors and emerging locations, with a […]
Read moreBridges and its partner HUB will develop lower-cost and affordable residential housing units at Taberner House in Croydon The development will contribute to the regeneration of the Croydon area, and should support over 100 jobs This is the first deal from Bridges’ Property Alternatives Fund IV, which recently held a first close on £168m, but […]
Read moreBridges’ latest property fund and its inaugural investment have been featured in the latest issue of Property Week. The piece outlines the investment by Bridges Property Alternatives Fund IV – alongside joint venture partner HUB – to redevelop Taberner House, the former Croydon council office site, creating 350 low-cost homes, 150 affordable homes and 13,000 […]
Read moreVegetarian Express, founded in 1987 by David Jonas, is the leading specialist plant-based food ingredient supplier to the UK food service sector Moving to a more plant-based diet can benefit both the environment and consumer health Bridges will work in partnership with the current shareholders and a new team led by Tim Kelly, incoming Executive […]
Read moreAiredale House is a mixed-use retail and office building in Leeds city centre Since buying the building in 2013, Bridges has completed an environmentally-led refurbishment and boosted occupancy substantially The property has been acquired by GM Legato Property, an investment company set up by Yorkshire-based businessman Graham Goodwin The price reflects a net initial yield […]
Read moreThe Bridges Sustainable Property Fund completed the sale of Airedale House – a mixed retail and office property in Leeds city centre – to GM Legato Property for £6.625m, reflecting a net initial yield of 8%. Under Bridges’ ownership, the property went through a substantial environmentally-led refurbishment, including the installation of solar photovoltaic panels on […]
Read moreBridges is redeveloping 6 East Parade, a previously vacant office building in Leeds city centre, in partnership with Evenacre. The refurbishment will see the installation of a variety of energy-efficiency measures, reducing the building’s carbon footprint as well as costs to tenants, most of which will be small to medium enterprises. 6EP will also support […]
Read moreWe are delighted to announce that the Bridges Social Sector Funds won two (out of five) awards at the prestigious Cabinet Office Social Investment Awards 2016. Now in their second year, these awards are intended to “highlight the innovation and dedication of world-leading social investors and enterprises”. The Bridges Social Entrepreneurs Fund (SEF) won the […]
Read moreThe Bridges Property Alternative Fund and joint venture partner HUB have received a resolution to grant planning permission for a redevelopment project in Wembley, London. The project will see what is currently a disused office block converted into two 21-and 26-storey towers. The building will contain a total of 239 homes for sale or rent; […]
Read moreMichele Giddens, partner and co-founder at Bridges Ventures, and Patrick Armstrong, chief investment officer at Plurimi Investment Managers, discuss the U.N. COP21 summit on climate change and what it means for the markets and investments. They speak to Bloomberg’s Guy Johnson on “Countdown.” Michele on Bloomberg
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