LaSalle Adds £300m-Plus Commitment as UK Property Mandate Reaches £1bn

LaSalle Adds £300m-Plus Commitment as UK Property Mandate Reaches £1bn

LaSalle Investment Management has secured an additional commitment of more than £300 million for a UK local authority investment mandate, taking the strategy to £1 billion and providing further capital for investment across the country’s property market. The expansion represents a significant vote of confidence in UK real estate at a time when institutional investors are increasingly focused on assets capable of delivering resilient, long-term income alongside strong environmental and social performance. The mandate is being led at LaSalle by Sophie Simmonds and Philip La Pierre, with the additional capital significantly increasing the scale of the investment programme. For the UK built environment, the commitment has the potential to support further investment across property sectors where long-term institutional capital can play an important role in development, regeneration and the improvement of existing assets. Residential property, including Build to Rent (BTR), remains one of the areas attracting significant institutional attention as investors look towards professionally managed housing and other living sectors as part of diversified real estate strategies. The increase in LaSalle’s mandate to £1 billion also comes against a backdrop of continued change across the UK property investment market. Investors are increasingly assessing buildings not simply on location and rental performance, but on energy efficiency, operational performance, sustainability and their ability to meet changing occupier requirements. This creates opportunities throughout the construction and property supply chain. Institutional investment into new and existing assets can support development, refurbishment, retrofit, building services upgrades and improvements to public realm, while also creating longer-term requirements for asset and facilities management. LaSalle is one of the world’s major real estate investment managers, operating across a broad range of property sectors and investment strategies. The latest commitment provides the business with substantially greater capacity to pursue UK opportunities on behalf of its local authority mandate. With more than £300 million of additional capital now committed and the mandate reaching the £1 billion mark, the move demonstrates the continuing importance of large institutional investors to the future of the UK property market. For developers and the wider construction sector, the deployment of that capital will now be closely watched, particularly as investment opportunities emerge across residential and BTR, regeneration and other areas of the built environment. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Norton Rose Fulbright strengthens real estate practice with appointment of new partner

Norton Rose Fulbright strengthens real estate practice with appointment of new partner

Global law firm Norton Rose Fulbright has strengthened its real estate practice in London with the appointment of Simon Woodcock as a partner. Simon joins from Goodwin Procter. He advises on a broad range of transactional real estate matters, including direct and indirect investment, landlord and tenant matters, development and asset management. His practice spans multiple asset classes, including office, retail, student accommodation, PRS and industrial. Simon has significant experience advising investors, developers, asset and fund managers, and financial institutions on high-value UK and pan-European transactions. He brings strong relationships across the real estate sector and a track record of delivering on complex mandates. His appointment further enhances Norton Rose Fulbright’s real estate offering and supports the firm’s continued growth across key sectors and markets. David Hawkins, partner at Norton Rose Fulbright, commented: “Simon is a highly regarded real estate lawyer with an impressive track record advising on major UK and European transactions. His experience, market reputation and client relationships make him an excellent addition to our team.” Simon Woodcock commented: “Norton Rose Fulbright’s international platform and sector strengths provide a compelling proposition for clients operating in today’s market. I’m excited to join the team and look forward to helping clients deliver their most important real estate projects and investments.” Simon’s appointment forms part of Norton Rose Fulbright’s continued investment in its real estate practice and reinforces the firm’s ability to support leading investors, developers and institutions on complex transactions.  Building, Design & Construction Magazine | The Choice of Industry Professionals

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Why High-Demand Grid Environments Require 3D Sensing and Digital Twin Integration

Why High-Demand Grid Environments Require 3D Sensing and Digital Twin Integration

By Emily Newton Electrical grids are facing strain they were not built to handle. The proliferation of data centres, fluctuating renewable energy provision and unpredictable electric vehicle demand spikes make grid maintenance trickier than ever. Infrastructure designed for steady loads now struggles with rapid shifts that conventional monitoring cannot track fast enough. High-demand environments need precise physical mapping combined with intelligent virtual models to catch problems before they trigger network-wide failures. Precision Spatial Mapping for Accurate Modelling Grid operators cannot manage what they cannot measure accurately. LiDAR and advanced 3D sensing tools capture the exact physical dimensions of substations, transmission lines and supporting structures with centimetre-level precision. Such spatial accuracy is important because the structural clearances between conductors and vegetation often mean the difference between normal operation and catastrophic failure. 3D sensing and digital twin integration start with this foundation of real-world data. Once operators establish precise baseline measurements, they build virtual replicas that mirror physical assets in detail. These living models, which evolve with data inflow from connected infrastructure and cloud-based systems, enable the digital representation to grow smarter over time. The virtual replica then mirrors real-world degradation patterns and performance shifts that static documentation would often miss. High Renewable Penetration and Capacity Stimulation Modern grids face intermittent fluctuations as solar panels ramp down at sunset and wind turbines surge during storms. Digital twins combine physics-based simulations with machine learning to model how the network responds under stress without risking actual blackouts. Operators can safely test the grid against sudden load shifts, such as EV charging spikes, industrial restarts or abrupt drops in renewable energy generation capacity. 3D geospatial visualisation transforms abstract load data into spatial intelligence that teams can act on immediately. Instead of reviewing spreadsheets of voltage readings across hundreds of nodes, they see colour-coded capacity maps showing which sections approach their limits. When a solar farm in one district drops output, whilst EV charging stations in another area simultaneously spike demand, the visualised model shows exactly where bottlenecks will form and which transformers will overload first. Real-Time Data Synchronisation for Grid Stability Integrating Internet of Things (IoT) sensors with virtual replicas enables operators to stream live telemetry for sub-second tracking of voltage spikes and thermal loads across the network. Embedded devices in transformers, switchgear and transmission lines feed continuous data into the digital twin. When incoming readings deviate from expected performance parameters, the system flags problems at once. A collaborative project between UT Dallas and the University at Buffalo developed an AI system that automatically reroutes electricity within milliseconds to reduce energy loss during outages. Their artificial intelligence model achieved measured improvements of 607.45 kWs for 13-bus networks and 596.52 kWs for 34-bus systems. The automated rerouting keeps power flowing whilst operators assess the situation without waiting for human intervention. Proactive Vegetation and Environmental Risk Management Digital twins predict environmental risks only when they are based on reliable spatial data. Geospatial data visualisation techniques establish the foundation by mapping asset locations, topography and existing vegetation to create an accurate digital baseline. Utilities first visualise where infrastructure sits relative to terrain features and natural growth patterns before layering in predictive analytics. Once this static model exists, teams then integrate advanced analytics, machine learning algorithms and real-time weather feeds to simulate future scenarios. The system forecasts how severe weather or growing trees will threaten power lines based on species characteristics and seasonal patterns. Researchers applying deep learning models to LiDAR systems predicted various parameters with 96.90% overall accuracy. Their semantic segmentation achieved intersection-over-union scores of 97.05% for vegetation, 88.09% for power lines and 82.33% for poles in nine-class configurations. This level of precision enables maintenance crews to trim specific tree branches months before they grow close enough to cause faults. Predictive Maintenance and Asset Life-Cycle Extension Utilities track performance drift between actual equipment behaviour and simulated baselines to identify transformers that are degrading weeks before outages happen. When real-time sensor datasets show even microscopic deviations from the digital twin or thermodynamic model, they signal changes in efficiency, cooling performance and insulation health that precede failure. For instance, a transformer drawing slightly more current than expected or running two degrees warmer than its digital counterpart indicates that the windings are deteriorating or the cooling system is compromised. This approach reduces operations and maintenance spending whilst extending the functional life of expensive infrastructure. Equipment that receives targeted intervention based on condition monitoring, rather than on fixed schedules, tends to operate longer and fail less often. The strategy relies on continuous integration of 3D sensing and digital twin integration, alongside geospatial data visualisation techniques and 3D geospatial visualisation, to maintain an accurate view of asset health across the entire network. Safeguard the Future of Power Infrastructure Escalating demand will overwhelm ageing infrastructure faster than reactive repairs can prevent failures. These technologies offer utilities a sustainable alternative. Intelligent monitoring and predictive intervention acknowledge both the reliability requirements and financial constraints of operating legacy networks under modern load conditions. With a decade of experience in construction technology and building systems, Emily Newton provides unparalleled insight into the built environment. Her 10 years of professional writing has been featured in Building Enclosure and Engineering.com. In her downtime, she enjoys reading and working on her latest Lego project.

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Grainger Drives BTR Growth as 425-Home Cambridge North Scheme Moves Forward

Grainger Drives BTR Growth as 425-Home Cambridge North Scheme Moves Forward

Grainger has reported continued strong demand across its Build to Rent (BTR) portfolio as the UK’s largest listed residential landlord advances a development pipeline that includes its newly approved 425-home Cambridge North Residential Quarter. The FTSE 250 property company’s latest trading update, covering the 11 months to the end of August 2026, showed occupancy remaining above 96%, alongside like-for-like BTR rental growth of 3%. Grainger now owns and manages more than 11,000 rental homes across the UK and remains focused on expanding its purpose-built rental portfolio. A significant development milestone during the period was planning approval for Cambridge North Residential Quarter, which will become Grainger’s first investment in Cambridge. The 425-home scheme is being brought forward on railway land adjacent to Cambridge North station through blocwork, the joint venture between Network Rail property company Platform4 and developer bloc. Grainger is lined up to forward fund the development and, once completed, will operate and manage the new rental homes. The project will provide a mix of one, two and three-bedroom apartments within a new residential neighbourhood designed to take advantage of its highly connected location. The wider proposals include linear parks, pocket gardens, tree-lined streets and active ground-floor uses, with walking, cycling and public transport forming an important part of the development strategy. Franklin Ellis Architects is involved in the design of the Cambridge North Residential Quarter, which forms part of the continuing transformation of land surrounding the station. The Cambridge investment reflects Grainger’s wider strategy of targeting well-connected UK cities where demand for professionally managed rental housing is supported by employment, transport infrastructure and constrained housing supply. Grainger is also progressing another partnership opportunity with Platform4 and blocwork in Nottingham, where a planning application has been submitted for a further 252 BTR homes. Alongside development activity, Grainger is targeting significant earnings growth from its committed BTR pipeline. Chief executive Helen Gordon said the company remains on track to grow earnings by 35% between FY25 and FY29, supported by new Build to Rent developments moving into operation. The company is simultaneously progressing an accelerated disposal programme covering approximately £850 million of non-core assets, while targeting a £300 million to £350 million reduction in net debt by the end of FY29. With high occupancy, continued rental growth and new developments advancing through planning, Grainger’s latest update highlights the growing maturity of the UK BTR sector. Cambridge North is particularly significant, combining institutional investment, residential development and transport-led regeneration to create a substantial new rental community in one of the UK’s strongest regional property markets. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Universal Floral achieves Carbon Neutral Certification, offsetting over 100% of generated carbon emissions

Universal Floral achieves Carbon Neutral Certification, offsetting over 100% of generated carbon emissions

Biophilic design and plant maintenance specialists Universal Floral have achieved Carbon Neutral Certification in partnership with Carbon Neutral Britain™, demonstrating a genuine commitment to ESG principles and clear alignment with internal sustainability values. Universal Floral works with clients across the world to transform corporate spaces through plant displays, moss walls and scalable plant-rich living walls. Achieving carbon neutral status for their UK operations was therefore a significant milestone, embedding environmental and sustainability principles into the heart of the organisation by independently measuring carbon emissions and taking steps to reduce environmental impact.   With UK businesses accounting for up to 85% of UK greenhouse gas (GHG) emissions, corporate action is essential in helping to stop climate change. In line with international targets, GHG emissions must halve by 2030 and reach net zero by 2050. Between May 2025 and April 2026, Universal Floral offset 25.3 tonnes of CO₂e against 17.5 tonnes, their total carbon footprint. Marie Caffrey, CEO, Universal Floral said: “Partnering with Carbon Neutral Britain™ to measure and offset our carbon emissions in the UK marks an important step on our sustainability journey. “We have gained a clearer understanding of where our emissions come from and where we can make the biggest improvements. For example, it was identified that our main emissions came through indirect carbon emissions (Scope 3), and this for us, was business travel. “We are now taking action to reduce emissions in this area, such as encouraging the team to take public transport or arranging virtual meetings in place of short-haul, domestic flights.” Through the Carbon Neutral Britain™ Woodland Fund™, Universal Floral offset their total carbon emissions through internationally certified carbon offsetting projects chosen for their environmental, humanitarian and ethical impacts: Additionally, Universal Floral have contributed to several UK-based rewilding and restoration initiatives including Haymeadow Restoration and Rewilding, Sea Grass Recovery and Protection and Marston Vale Forest Creation. Caffrey added: “Achieving this certification is a proud milestone for the entire team, particularly as we have been able to offset well over 100% of our total carbon footprint. The national and international projects we are supporting are actively contributing to vital global climate mitigation efforts, from blue carbon restoration to community reforestation and endangered species protection. “Taking direct action to reduce our own emissions while supporting verified, world-class environmental initiatives reinforces our commitment to sustainability and our environmental values. “Moving forwards, we are working towards 2030 and 2050 aligned targets via the globally recognised net-emissions approach, focusing on key emissions hot spots to achieve meaningful reductions.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Right to Manage activity hits record highs, new index reveals

Right to Manage activity hits record highs, new index reveals

The research reveals RTM formations hit record highs in 2025, with 2026 set to see even higher numbers Almost 1,000 groups of leaseholders became RTMs in 2025; a 79% increase in just six years Right to Manage (RTM) company formations have hit an all-time high, according to a new industry index. New research by property management firm Placekeeper Management has revealed there were 986 RTMs established in 2025; the highest ever recorded. The trend shows no sign of slowing down either, with 578 RTM companies already formed by the midpoint of 2026, putting the year on track to set yet another record. The findings show a huge disparity between RTM activity and the wider UK housing market, with resident-led management activity continuing to accelerate even as housebuilding and management company formations fall. To track this trend over time, the Altrincham-based property management firm has developed the Placekeeper RTM Index: a figure that compares RTM formation activity with housing completions against the long-term average. The Index rose from 69 in 2019 to 155 in 2025, meaning RTM activity relative to housing completions has more than doubled in six years and now stands 55% above its long-term average. The rise comes despite falls across the wider housing market, where completions fell from 214,290 in 2019 to 170,390 in 2025, representing a drop of around 20%. Management company formations also dropped from a peak of 2,180 in 2018 to 1,543 in 2025, the lowest level since 2013. RTM formations, by contrast, have continued to climb, suggesting that growth in resident-led management is increasingly being driven by factors within the existing housing stock. Trevor Adey, Director at Placekeeper Management, said: “The most striking finding isn’t simply that RTM formations have reached a record high, but that activity continues to accelerate at a time when housebuilding levels and management company formations have fallen.  “The data suggests resident-led management is becoming a more significant feature of the UK’s existing housing stock, whether that reflects greater awareness of leaseholder rights, increased scrutiny of service charges, or wider changes in residential governance.  “For managing agents, this should be a wake-up call. Standards of transparency, communication and value for money that might once have gone unquestioned are now being scrutinised more closely than ever. Agents who don’t adapt and improve services risk losing the buildings they manage to their own residents.” Placekeeper’s analysis draws on more than fifteen years of Companies House incorporation data and Office for National Statistics’ housing figures, covering RTM company formations, management company formations and UK housebuilding activity between 2010 and 2026. Building, Design & Construction Magazine | The Choice of Industry Professionals

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