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In a landmark decision that's taken the housing industry by storm, Barratt Developments' takeover of Redrow has won a resounding yes from shareholders. An extraordinary 99.82% of Barratt's ballot and a whopping 99.92% from Redrow echoed a clear signal of confidence in the merger. With this strong backing, the two giants are set to form an unprecedented alliance within the UK house-building sector—enter the dawn of Barratt Redrow plc. Think bigger scale, greater output, and a strategic trio of brands: Barratt Homes, David Wilson Homes, and now Redrow, standing shoulder to shoulder. As the industry watches, this publicly endorsed union is not just a win for the businesses but for the housing market as a whole. It's the beginning of a new chapter with £7,448m in combined revenues and a portfolio boasting 22,642 completed homes. For those with a stake in the future of UK housing, these are exhilarating times. A merger that isn't just about numbers, but about the lives and communities these homes will form. Innovative, game-changing, community-building—#BarrattRedrow #UKHousing #NewBeginnings #Constructivemoves

In a landmark decision that's taken the housing industry by storm, Barratt Developments' takeover of Redrow has won a resounding yes from shareholders. An extraordinary 99.82% of Barratt's ballot and a whopping 99.92% from Redrow echoed a clear signal of confidence in the merger. With this strong backing, the two giants are set to form an unprecedented alliance within the UK house-building sector—enter the dawn of Barratt Redrow plc. Think bigger scale, greater output, and a strategic trio of brands: Barratt Homes, David Wilson Homes, and now Redrow, standing shoulder to shoulder. As the industry watches, this publicly endorsed union is not just a win for the businesses but for the housing market as a whole. It's the beginning of a new chapter with £7,448m in combined revenues and a portfolio boasting 22,642 completed homes. For those with a stake in the future of UK housing, these are exhilarating times. A merger that isn't just about numbers, but about the lives and communities these homes will form. Innovative, game-changing, community-building—#BarrattRedrow #UKHousing #NewBeginnings #Constructivemoves

💥 Barratt gets the green light for the £2.5bn takeover of Redrow and forms leading UK homebuilder. Here's how the combined firm Barratt Redrow will leverage the strengths of both firms: > 𝗣𝗲𝗼𝗽𝗹𝗲 – Employees will benefit from additional opportunities for development and from being part of an industry leading homebuilder. > 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 – Barratt Redrow will provide supply chains with greater visibility and certainty of delivery and the acceleration of development through the deployment of Barratt and Redrow’s respective land pipelines. > 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀 – Customers and communities across the country will benefit from Barratt Redrow’s ability to deliver more high-quality homes, across a broader product range, and accelerate the creation of strong, sustainable communities across the UK. Learn more about the merger and gain insights from Barratt's chief executive, David Thomas, in the article below. 👇 Link: https://lnkd.in/dxc4WAhm #realestate #PropTech #homebuilding #residentialrealestate #realestatedevelopment ---- 💡 P.s. 200,000+ real estate leaders receive the most relevant industry news and insights directly to their inbox every week. You can join via the sign-up form at the bottom of the page linked above. 👆

Miller Homes Ltd, one of the UK’s leading homebuilders is to set acquire St Modwen Homes. The acquisition is part of Miller Homes’ growth strategy and is significant in helping it meet its medium-term ambition of reaching 6,000 homes a year. The deal sees Miller Homes acquire 19 live sites, totalling around 3,500 plots for new homes, and a further five strategic sites, growing its business in the West Midlands, East Midlands and south regions and entering the south west of England for the first time. The team advising Miller Homes was led by private equity partner Paul Dunbar and counsel Josh Baxter with support from associates Harriet Steel and Alex Brown. Read more here: https://ow.ly/9mKf50UBgLI #AOShearman

Credence Capital is pleased to announce the acquisition of Crescent Arcade in Greenwich. This strategic acquisition aligns with Credence Capital’s business plan to establish a leading convenience-led real estate business focused on superior location dynamics with strong occupier demand. Situated within a key DLR transport hub and anchored by a prominent M&S food store, Crescent Arcade exemplifies these principles. The scheme offers a dynamic mix of convenience retail and leisure tenants, serving the local population, students from the University of Greenwich, and the area’s thriving tourist base. Its close proximity to the iconic Cutty Sark further enhances its appeal, benefiting from steady footfall generated by this world-famous maritime landmark. With consistently high footfall, robust occupier demand, and sustainable rental growth, Crescent Arcade underscores Credence Capital’s commitment to investing in resilient, community-focused assets that deliver long-term value. Credence Capital looks forward to enhancing Crescent Arcade’s role as a vibrant destination for shoppers, commuters, and visitors alike. It was a pleasure to work with our team; Farrer & Co and Oliver Jordan from CBRE. Thank you to Richard Alsop of Hanover Green and Ed Smith of Green & Partners who acted for the vendor.

Miller Homes, one of the UK’s leading homebuilders is to set acquire St Modwen Homes. The acquisition is part of Miller Homes’ growth strategy and is significant in helping it meet its medium-term ambition of reaching 6,000 homes a year. The deal sees Miller Homes acquire 19 live sites, totalling around 3,500 plots for new homes, and a further five strategic sites, growing its business in the West Midlands, East Midlands and south regions and entering the south west of England for the first time. The team advising Miller Homes was led by private equity partner Paul Dunbar and counsel Josh Baxter with support from associates Harriet Steel and Alex Brown. Read more here: https://lnkd.in/eVknDG5g #AOShearman

Miller Homes, one of the UK’s leading homebuilders is to set acquire St Modwen Homes. The acquisition is part of Miller Homes’ growth strategy and is significant in helping it meet its medium-term ambition of reaching 6,000 homes a year. The deal sees Miller Homes acquire 19 live sites, totalling around 3,500 plots for new homes, and a further five strategic sites, growing its business in the West Midlands, East Midlands and south regions and entering the south west of England for the first time. The team advising Miller Homes was led by private equity partner Paul Dunbar and counsel Josh Baxter with support from associates Harriet Steel and Alex Brown. Read more here: https://lnkd.in/e2cB2wDe #AOShearman

Miller Homes Ltd has finalized the £215 million purchase of St. Modwen Homes, adding 19 active sites and 3,500 plots to its portfolio. This acquisition aligns with Miller Group's ambition to build 6,000 homes annually. It also marks the company's expansion into the South West, strengthening its presence in the Midlands and South.

Barratt has completed its £2.5bn acquisition of Redrow following the UK CMA's approval of the deal, reshaping the landscape of housebuilding across the country. What could this mean for the future of housebuilding? 1. Increased scale: with nearly 100,000 homes in the pipeline, the combined company is positioned to significantly boost housing supply across the UK. 2. Cost efficiencies: the projected £90m in annual savings could allow Barratt Redrow to invest in more sustainable housing practices, new technologies, and affordable housing projects. 3. Broader reach: by merging their resources and expertise, Barratt Redrow will be able to offer a wide range of homes, catering to more diverse customer needs and price points. This merger could pave the way for faster delivery of homes at scale, helping to address the UK's housing shortfall, while maintaining a focus on quality and sustainability.

Jacobson Equities has acquired Oxbow 49, a 166- unit Class A apartment community located in Portland’s highly desirable John’s Landing waterfront neighborhood. This acquisition underscores Jacobson Equities’ commitment to unlocking value in premier #multifamily assets. Developed in 2016 and recognized for its exceptional design and upscale amenities, Oxbow 49 offers residents direct access to the Willamette River and proximity to key hubs such as Oregon Health and Science University (OHSU) and Downtown #Portland. The acquisition was completed significantly below the property’s replacement cost, creating a compelling #investment opportunity. “We believe the pendulum has swung back, and Portland is once again the highly desirable city it has historically been,” said Larry Jacobson, Principal at Jacobson Equities. “With its fabulous waterfront location, Oxbow 49 is the perfect home for tenants wishing to experience the active lifestyle, world class professional opportunities and the many amazing amenities Portland offers its residents.” Oxbow 49 presents meaningful opportunities for value creation. Jacobson Equities plans to implement targeted operational enhancements and modest upgrades to units and common areas, elevating the tenant experience and capturing rent growth in a strengthening multifamily market. With Portland poised for a multifamily resurgence, this #acquisition aligns with Jacobson Equities’ focus on Core+ assets with strong fundamentals and significant upside potential. Jacobson Equities remains dedicated to creating value for its investors while contributing positively to the communities it serves. The acquisition of Oxbow 49 exemplifies the firm’s mission to transform high-potential assets into thriving properties that enhance local markets. For more information about Jacobson Equities and its 50+ year tradition of excellence please visit www.jacobsonequities.com. #investmentproperty #investmentopportunity #realestate #apartmentinvesting