Chris Ferguson

TDR Capital has closed a continuation vehicle for its health and fitness chain David Lloyd Clubs. The vehicle has been backed by investors and asset managers including the Children's Investment Fund Foundation (CIFF) and funds managed by Coller Capital, CVC Secondary Partners (formerly Glendower Capital) and Hollyport Capital. Advisers on the deal included Jefferies, Kirkland & Ellis, Morgan Stanley and Travers Smith. With comments from Russell Barnes and Tom Mitchell. https://lnkd.in/ev8hut7Q

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Close Brothers Property Finance (CBPF) marks 50 years of lending to SME housebuilders by outlining plans to grow and diversify its loan book. Since 2020, CBPF has lent more than £5.1 billion and has grown its loan book to almost £2 billion. The business intends to increase facility sizes and further diversify the loan book weighting to include more Purpose Built Student Accommodation (PBSA) and Build to Rent (BTR) lending. To support the evolving needs of the market, 2025 saw the launch of a new Structured Finance team led by Chiara Caldwell. The new team will facilitate the expansion into the fast-growing BTR and PBSA sectors, helping SME developers gain a foothold in these increasingly competitive areas. CBPF is currently supporting the development of over 7,350 new homes across the UK. Landmark transactions over the past year include the lender’s first multi-site Revolving Credit Facility (RCF) of £38 million to support Fernham Homes deliver more than 400 new homes across six sites; a £48 million loan to fund 213 homes in Brent Cross, part of one of Europe’s largest regeneration projects, and a £44 million facility to Select Property to support 266 new build-to-rent (BTR) homes in Birmingham. https://lnkd.in/eP4_kBF6

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UK Investment Marketbeat | August 2025 August’s report highlights a market showing signs of recovery, with selective yield compression and growing investor confidence: - Q2 volumes reached £2.05bn, the second highest in two years with further deals completing in July - Prime yields compressed by 25 bps in City and West End offices, reflecting renewed momentum - Regional investment rose 43% q-o-q, though still below long-term averages - Retail and logistics sectors continue to attract institutional capital, reversing pre-pandemic trends - Healthcare and Living sectors show strong appetite, with larger lot sizes and new entrants driving activity With more stock coming to market and rate cuts expected, investor sentiment is improving, but macro uncertainty and policy shifts remain key watchpoints. 📥 Download the full report: https://lnkd.in/gAVWXx7f Daryl Perry, Jason Winfield, Jeremy Beckett #CWInvestmentMarketBeat #CWMarketBeat #CushmanWakefield #UKInvestment #CREInsights #CapitalMarkets #RealEstateReturns #EconomicUpdate #RetailRecovery #LivingSector #HealthcareInvestment

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Later living developer-operator Pegasus Homes has secured new debt financing for its rental strategy and a new £32m loan for its ‘for sale’ stock from Barclays UK Corporate Bank and Leumi UK respectively. https://lnkd.in/eDQzf48e

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✨ One conversation. One meeting. One client. That’s all it can take to change the trajectory of your business. This week on The Adviser Podcast Network, Annie Kane sits down with New Broker of the Year 2025 - Richard Brown - Mortgage Broker from Mortgage Choice 🏆 We dive into his journey, what makes him the best of the best, and why comparing your first year to others’ numbers can actually hold you back. 🎧 Listen to the newest episode here: https://bit.ly/445M3YE #TheAdviser #BrokerOfTheYear #MortgageChoice #MortgageBroker #NewBroker #FinancePodcast #BrokerLife #BusinessGrowth #PropertyFinance #FinanceGoals #NewBrokers #BrokerJourney #MortgageAdvice #FinanceTips #BrokerSuccess #BrokerCommunity #BrokingLife #BrokerMotivation #BusinessTips #FinanceProfessionals #FinanceIndustry #PropertyMarket #BrokerWins #ClientFirst #FinanceExperts #MortgageMarket #Entrepreneurship #SuccessMindset #LevelUp #FinanceLeaders

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Gloucestershire bed manufacturer expands The Cotswold Bed Company Company in Cheltenham has been able to expand and invest thanks to a £184,000 finance boost via the South West Investment Fund and the Community Investment Enterprise Fund. https://lnkd.in/es-NQfv2 #bed #manufacturing #expansion #cotswoldbeds #funding SWIG Finance

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Keep informed on the Build-to-Rent (BTR) market From virtually no presence, the sector has surged forward, delivering 18,000 new rental homes in the past year—accounting for 8% of all new-build completions across England and Wales, according to Savills Read the latest Real Estate Digest here: https://lnkd.in/eR-47zCP Ross Ironside, Head of Commercial Real Estate, Coutts

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We’re proud to share that we've provided £31m loan-on-loan facilities to Broadwood LLSCF Lending 1 Ltd, a real estate credit fund backed by Broadwood Capital and Aviva Investors. This capital is enabling the delivery of three new purpose-built care homes, adding 250 much-needed care beds across strong UK locations. Each development meets strict sustainability standards and provides 100% ensuite wet rooms, ensuring best-in-class facilities for future residents. Priya Harley, Director of Debt Finance at OakNorth, continued: “We have supported Broadwood since its inception, and have always appreciated the team’s depth of experience in development finance, their institutional approach to credit risk and underwriting, and their strong and efficient governance, which together ensures decisions are reached on a detailed and informed basis." Read full press release here - https://lnkd.in/egK2ZBEE

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"Performance significantly ahead of previous expectations" That is the opening line of a trading update from partnerships, fit out and constructions services group Morgan Sindall plc this morning. The firm said that since its half year trading announcement at the end of July it had “significantly” improved its expectations for its full year results. That significant growth is being led by a continued strengthening of performance in its fit out division. Morgan Sindall said the division, which includes Overbury and Morgan Lovell - had outperformed due to a combination of strong trading and operational execution. As a result, it now expects profits to “significantly exceed” its previous expectations. It has a secured order book as of 31 August of £1.6bn (of which £900m relates to 2026 and beyond) representing an increase of 8% on both the half-year 2025 and year-end 2024 position. The group’s other divisions also performed well, but its work in offices is clearly the driving force behind the expected profit growth. Offices are back and occupiers are investing heavily in the very best fit outs to keep their employees happy, engaged and in the office. It’s not just Morgan Sindall providing a positive update this morning though, architectural giant Foster + Partners has reported a 55% increase in revenues to £571.2m for the year ended April 2025, with pre-tax profits more than doubling to £108.7m. While the practice has completed the construction of J.P. Morgan’s incredible new offices in New York during the past year (see Eric Chong’s almost viral post here: https://lnkd.in/eSeU-2YZ) growth has largely been driven by its projects across the Middle East. But more positive signs that activity is returning… Elsewhere in the world of office this morning flexible workplace provider Workspace Group has exchanged and completed on the sale of 22,000 sq ft Morie Street in Wandsworth and exchanged on the sale of 14,000 sq fr Castle Lane in Victoria for a combined total of £22.4m - a 4.3% net initial yield. While sold at a 3% discount to March 2025 valuations, Workspace said the size of the assets made them “low conviction” buildings for the group. Chief executive Lawrence Hutchings, said the firms new conviction approach to portfolio management was a key part of its plan to “fix, accelerate and scale” the business. Fix, accelerate and scale. Sounds like a perfect mantra for the office sector. Fix our underperforming assets, accelerate our excellence in doing so, and build (or retrofit, obvs). 📷: Mine. A gorgeous sunshiney morning in the City 😍

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