Developer selected for Campus for Ageing and Vitality project in Newcastle upon Tyne
Newcastle University has formed a Joint Venture (JV) with Genr8 Kajima Regeneration Ltd to transform a former general hospital site into a center for research and innovation in Aging and Living well in the UK. The JV is formed by Kajima (50%) and Genr8 (50%).
The project will be developed on a 29-acre site that will provide a range of housing facilities, support for people at different stages of their lives, health and commercial facilities. The site will include specialist housing that will be trialed specifically for those living with dementia and traumatic injury. As part of its development partner role, the JV will secure funding for the scheme, which has an estimated GDV of GBP500 million (US$656.13 million).
The project aims to become the UK’s leading development of an exemplar neighborhood.
Country updates
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April 01, 2022
Tender launched for multimillion Extra care PPP project in UK
The South Tyneside Council has launched the tender seeking private partner for the development of 3 Extra Care schemes located across South Tyneside.
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April 01, 2022
Partners selected for Bristol City Leap Energy Partnership PPP project
Bristol City Council in the UK has selected JV of Ameresco Limited and Vattenfall Heat UK for the City Leap Energy Partnership. The City Leap partnership is aimed at delivering low carbon energ...
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March 31, 2022
Final close reached for ICG Infrastructure Equity 1 fund
Intermediate Capital Group (ICG), the global alternative asset manager, has achieved a final close of EUR1.5 billion (US$1.65 billion) for its debut Infrastructure fund, ICG Infrastruct...
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March 22, 2022
Tender issued for USD243.3 million student housing PPP project in UK
The University of Exeter in UK has launched a tender for the development of the Clydesdale & Birks Grange student housing building at Streatham Campus of the University of Exeter.
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March 22, 2022
Welford Healthcare buys two care homes from Woodleigh Care
Welford Healthcare has acquired two care homes owned and operated by Woodleigh Care in the UK. The care homes consist of 107 high quality predominantly en-suite beds, located within establis...
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