In the current environment of ongoing cuts to central government funding for local authorities, local authorities are increasingly looking to use capital spending to create revenues to fill this spending gap.
Herefordshire has agreed terms for the immediate and future sales of its retained bonds, enabling them to continue to invest in communities in and around Herefordshire over the coming years.
The transaction sees Arlington acquire a portfolio comprising 951 beds in Leeds and London from Rockspring taking Arlington’s student accommodation holdings to more than 7,800 beds and a total investment of over £500 million.
Platina Partners LLP (“Platina”) has secured £28m of new funding in order to refinance their 28 MW Danu II wind farm portfolio, consisting of two operational 14MW on-shore wind farms in the UK, both constructed in 2009.
The transaction builds on Arlington’s successful partnership with Campus Living Villages (“CLV”), one of the world’s largest owners and operators of student accommodation.
TradeRisks Limited and Warrington Borough Council have today announced the launch of the Public Sector Investment Gateway (the Gateway) for the delivery of financial services to UK Local Authorities and other government regulated entities that includes a peer-to-peer lending and investment platform.
The bond issuance allowed Senior Assist to re-acquire ownership of the homes that it already operated under long leases from Cofinimmo, a listed Belgian real estate firm.