Philip Grace

Goodbody Capital Partners provided a £12m co-investment alongside Duke Street to fund the acquisition of McAvoy, one of the UK’s largest providers of premium modular social infrastructure. • Founded in 1972, McAvoy designs, builds, and rents high-quality temporary and permanent modular building • Headquartered in Northern Ireland, the business provides critical infrastructure to the health, education, pharmaceutical and commercial sectors. • Premium modular buildings are in high demand due to their cost-effectiveness and sustainability. Goodbody Capital Partners looks forward to working with the McAvoy management team and Duke Street on this exciting journey. We would like to thank Maples Group, Goodbody Capital Partner’s legal advisors, for their involvement. Finlay McFadyen, Alan Mahon, Timothy McCarthy #MarketingCommunication

105

1 Comment

Duncan Williams, Acquisitions Director (Single Family Housing) at Apache Capital featured in last week's Property Week commenting on New Towns. He said: "The government needs to make it clear that it is in favour of private and institutional capital driving build-to-rent sites forward as part of the new town mix. Furthermore, in order to truly placemake, there will need to be supporting commercial infrastructure that communities can thrive on for years to come. Public-private collaboration has never been more essential and the plans for new towns need to be drawn up in the right way from day one.” Duncan adds: "It’s been reassuring to see several mentions of BTR in the MHCLG’s New Towns Taskforce Report. We’re ready to work with government, industry, housebuilders and capital to deliver purpose-built rental housing at pace (and scale). BTR not only helps accelerate build-out rates but also plays a vital role in creating and sustaining new communities." Read the full piece here: https://lnkd.in/eW5ZhWsD Read the New Towns Taskforce Report here: https://lnkd.in/e8-ZHPyN #singlefamilyhousing #buildtorent #rentallivingplatform #housing #newtowns #placemaking #rentalcommunities

97

1 Comment

🚀 Later-Living Developers Merge to Form UK's Largest Retirement Village Provider Audley Group and Elysian Residences Ltd combine under new group company with external institutional investment, creating combined sales value over £3bn and pipeline of 30+ retirement villages comprising ~3,000 individual properties. ✨ Opportunities unlocked: The merger addresses the critical scale challenge in UK's retirement housing sector, which reached 30,000 homes pipeline in 2024 but needs 50,000 annually to meet growing demand from aging population. All three existing brands (luxury Audley Villages, mid-market Mayfield Villages, and Elysian) will be retained under the new corporate group led by Gavin Stein as CEO and Nick Sanderson as chair. With £1.25bn invested in retirement housing in 2024 and investment expected to increase in 2025, the combination capitalizes on investor recognition of long-term secure income streams that retirement villages offer. The merger establishes retirement living as an asset class in its own right while expediting additional retirement housing units the country desperately needs. Learn more from Nick Sanderson, Chair: "This sector needs scale. It is still very small, given the size of the opportunity and the growing older population, and this is a first step to expediting the additional retirement housing units the country so desperately needs"; Gavin Stein, CEO: "We will provide a best-in-market retirement-living business of real scale and expertise"; & Stephen Musgrave, Chair, Elysian Residences: "The merger of two market leaders in retirement living is a transformational move for the sector and firmly establishes it as an asset class in its own right." 👇 Audley's team: Philip Rolfe, Lynn Vellin CIPD, Michelle Forbes, Emma-Louise Fawcitt, Gary Langford, Elliott Walker, Chantelle Parish, Matthew Nicholson, Elysian Residences' team: Katherine Rose, Victoria Glavas, Giles Stevens, Karolina Plewinska, Lucy Rowlands, Christian Armstrong, Jessica Lindsay-Smith, Lucy Fuller, Ed Blake 💡200,000+ real estate leaders receive the most relevant industry news and insights directly to their inbox every week. You can join via the sign-up form at the bottom of the page linked above.

120

Year of growth at Urban Splash Residential Fund Urban Splash UK Residential has reported a period of growth and operational success in its latest results. The fund was established by SURE Capital Partners in 2017 to acquire design-led, sustainable homes in urban regeneration areas across the UK, and recorded a 9.9 per cent increase in portfolio value to £102.6m, alongside a 14.9 per cent rise in turnover to £5.5m.  Operating profit for the year to 31 March 2025 reached £2.8m, reflecting a 21.3 per cent year-on-year increase, while net asset value grew to £94.4m. Like-for-like rental growth for the period was 4.6 per cent, with financial occupancy holding steady at 95 per cent and rental collection at 99 per cent. The performance was said to have been underpinned by a sound investment strategy and a continued focus on delivering high-quality rental homes across UK cities. During the reporting period, the fund entered into a significant new partnership with sustainable developer Citu, formalised by a memorandum of understanding (MoU) worth £200m. The partnership has already resulted in the acquisition of 28 homes during the financial year, with a further 24 homes secured post-year end – a combined investment of £19.5m. Post-year end in May 2025, the fund also announced a new £50m revolving credit facility (RCF) with Barclays, expanding upon a previous £20m facility secured in 2023. This increased capacity positions the fund to capitalise on future growth opportunities and support further acquisition activity. Akeel Malik, partner at SURE Capital Partners LLP, the Fund’s investment advisor, said: "FY25 has been another significant year of growth for us, marked by the establishment of a major strategic partnership with the award-winning developer Citu, with an initial pipeline of 600 homes.  "It means we now own and operate 450 homes with a total investment value of £102.6m. Our differentiated rental offer now spans multiple urban centres including Manchester, Birmingham, Sheffield, Bristol, Cambridge, Bradford and, most recently, Leeds."

36

1 Comment

✅ Members of AREF (The Association of Real Estate Funds), BPF and Investment Property Forum have voted overwhelmingly in favour of creating Real Estate:UK (RE:UK).   Launching on 1 January 2026, RE:UK will serve as a unified convenor and voice for the whole of the real estate sector, bringing together institutional and private investors, property companies, developers, asset owners, managers and advisers.   Its work will focus on six key pillars: 📢 Advocacy 📊 Research and data 💡 Thought leadership and innovation 🤝 Networking and events 📚 Upskilling and training 📏 Standards and guidance   This is an exciting milestone and a strong endorsement of a shared vision for a unified and powerful voice for real estate in the UK.   ➡️ You can read the full press release here: https://lnkd.in/erfj_2Hb

62

ICG Real Estate (ICGRE) is pleased to have provided debt financing to Legal & General, and co-sponsor, Goldacre, to support the acquisition and delivery of a hyperscale data centre development in the London Borough of Newham. This financing follows the successful receipt of full planning consent and has facilitated completion of the land acquisition, as well as funding for critical early works, including power infrastructure. This marks a significant milestone for the data centre development and reflects the project’s strong momentum as it moves into its next phase of development. Ryan Ford, Managing Director at ICG Real Estate, commented: “We are pleased to support such esteemed sponsors on a project of this scale, providing financing to unlock the purchase of land and energisation works for the site. Development of the data centre constitutes a landmark moment – both for Newham and the capital’s broader digital infrastructure. We look forward to seeing it reach completion.” At ICG we: 🌍 Invest globally 📈 Grow businesses & assets responsibly ✨ Value partnerships Capital at Risk. #RealEstate #RealEstateDebt #PrivateMarkets #Alternatives #PrivateCapital #CapitalSolutions

65