16th November 2015
HCT repayments mark social investment milestone
In 2010, HCT raised a pioneering £4m round of social investment from a group of investors led by Bridges Ventures After surpassing all its growth and impact targets, HCT has now been able to provide a successful exit for its original social investors Its success illustrates the potential for social enterprises that access the right […]
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12th October 2015
Bridges & Chancerygate buy Beeston Business Park from VBRi for £22m
Major regeneration planned for site near Nottingham which comprises just under 50 acres of industrial and office space, including 20 acres of cleared land for development JV partners Bridges and Chancerygate intend to refurbish existing buildings and develop new commercial space, thus creating jobs and boosting economic dynamism in the local area The site was […]
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16th November 2015
IPE Real Estate Op-Ed: Sustainability: Green and gold
Simon Ringer, Partner and Head of the Bridges Property Funds, discusses how refurbishing SME office space to incorporate environmental features can be good for the planet, good for tenants – and good for investor returns. Read the full article here.
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9th June 2015
Bridges-backed offices win ‘property Oscar’
Bridges Ventures and joint venture partner Evenacre won a prestigious award for their redevelopment of the office building at 158/170 Edmund Street in Birmingham. The scheme was named ‘Best Refurbished/Recycled Workplace’ in the Midlands and East Anglia section of the British Council Offices’ annual awards, which are designed to recognise top-quality design, innovation and functionality […]
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26th June 2015
Final close of new Property Fund with £212m equity commitments
Property Alternatives Fund III closed ahead of target thanks to strong demand from U.S. and European investors Highlights the growing interest in sustainable and impact-driven property investment Bridges’ third property fund, and the largest vehicle the firm has raised for any strategy to date Bridges Ventures (‘Bridges’), the specialist sustainable and impact investor, today announces […]
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2nd October 2015
Bridges & Castleoak sell four more care homes for £40m
The homes, which are already let to Barchester Healthcare, provide quality accommodation for elderly, often high-acuity, patients They were developed with investment from Bridges Ventures’ Sustainable Property Fund and the CarePlaces Fund, a joint venture between Bridges and Castleoak Bridges has now successfully exited nine of its care home investments Property funds managed by Bridges […]
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1st December 2016
Inside Track, BBC World: Michele Giddens on impact investing
Bridges’ co-founder, Michele Giddens, was recently invited onto BBC World’s Inside Track programme to talk about impact investing. Michele explains how Bridges and others look to generate market-rate financial returns by making investments that benefit society as a whole, talks about the range of impact investment products available to investors, and highlights the growing influence […]
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5th December 2016
Bridges honoured at the Investment Week Sustainable Investment Awards
Bridges is proud to be named ‘Best Social Impact Investor’ at the Investment Week Sustainable Investment Awards 2016. The award is presented to a financial institution that invests (or lends) money based on sustainable values, helping to achieve a positive impact on society. Bridges was named ‘Best Social Impact Investor’ this year in recognition of […]
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7th December 2016
Bridges launches new ‘Evergreen’ permanent capital vehicle for mission-led businesses
Bridges Evergreen Holdings is a new kind of investment vehicle, designed to free ambitious mission-led businesses from the constraints of traditional fund structures It will look to back profit-with-purpose companies, public sector spin-outs, social sector organisations and employee-owned businesses It is structured as a holding company rather than a fund so it can provide ongoing […]
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8th December 2016
Pioneers Post: ‘Evergreen’ investment now available from Bridges
Pioneers Post looks at our latest investment vehicle, Bridges Evergreen Holdings. Evergreen is a new permanent capital vehicle designed to free ambitious mission-led businesses from the constraints of traditional fund structures. Building on our experience of working with high-impact social businesses, Evergreen is structured as a holding company rather than a fund – so it […]
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10th January 2017
Bridges 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 […]
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