The government has set a bold target to build 1.5 million new homes in the UK over the course of this parliament and correctly identified a dysfunctional planning system as one of the primary obstacles to building houses. Reforming this system is high on Labour’s agenda, which means updating the...
In Part 1 of this series, I outlined how delays associated with the Gateways under the Building Safety Act (“BSA”) have created new project risks for developers and lenders alike whilst they wait for, or plan for the additional programme time required to obtain, the relevant Gateway approvals...
In this series, we ask the Precede Capital team five questions about life at Precede, their career and what motivates them. Tell us about your role at Precede, what does your day-to-day look like? I have a broad role at Precede which includes working alongside the origination team on...
This blog is the first part of our series on the Building Safety Act 2022 (BSA) and its impact on the real estate development industry. Throughout this series we’ll explore the steps that developers and lenders can take to navigate some of the challenges posed by the introduction of the BSA. In...
The ‘E’ in ESG has typically received the most airtime, while the ‘S’ has been comparatively overlooked. That is true across many sectors – but particularly applicable in the world of real estate. This is partly a function of social value being notoriously hard to measure in comparison to...
Precede Capital provides loan to joint venture for development of Enclave Acton. £105 million three-year whole-loan facility to a joint venture between BlackRock and Outpost Management. The loan will be used to fund the acquisition and development of Enclave Acton, a multifamily build-to-rent...
While the UK’s newly elected Labour government’s manifesto includes numerous commitments to achieving Net Zero by the midpoint of this century, the inconvenient truth is that decarbonising the British economy is proving to be exceptionally difficult. Around 40% of UK carbon emissions are linked...
