Global real estate manager Starlight Investments has secured £680 million in total capital commitments for its Starlight UK BTR Fund II and related investment vehicles. The capital will finance the acquisition and construction of more than 6,000 build-to-rent homes across the UK. Backed by international institutional investors and Homes England's National Housing Bank, the vehicle has already deployed funds into three major housing schemes.
Royal London has appointed Group Chief Financial Officer Daniel Cazeaux as interim CEO of Royal London Asset Management. He steps into the role following the departure of Hans Georgeson, who has stepped down after five years in charge. Royal London Group Chief Executive Officer Barry O’Dwyer will launch a recruitment process to select a permanent successor while Cazeaux provides operational continuity across the firm's management boards.
Indigo Networks has expanded its headquarters at Green Park in Reading to support business growth and rising demand for utility infrastructure. The independent network operator signed a new lease for a larger space at 100 Brook Drive, owned by Mapletree Investments. Currently serving more than 210,000 UK premises across electricity, water and gas networks, the company aims to accommodate workforce expansion and support the UK transition to net zero.
Homes England has announced 33 strategic partners to support the government's £39 billion Social and Affordable Homes Programme. Running from 2026 to 2036, the ten-year initiative represents a major public investment in housing outside London. The selected housing associations, councils and developers will build thousands of social and affordable homes to meet growing regional demand across the country.
Foster + Partners has joined a UK-EU consortium that secured a £4 million research grant from the European Innovation Council Pathfinder funding programme. The three-year SWIFT-BUILD project focuses on autonomous robotic assembly for modular timber structures using top-down construction techniques. The initiative combines artificial intelligence, automated machinery and aerial drones to create flexible buildings designed for adaptation and eventual disassembly.
DP World is expanding its UK logistics footprint by taking over six contract logistics facilities from GXO Logistics. The deal includes over two million square feet of warehousing capacity and transfers 2,000 employees. Triggered by a Competition and Markets Authority requirement following GXO’s purchase of Wincanton, the acquisition strengthens DP World's national supply network across ambient, chilled and frozen storage for major British grocers.
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