India’s Oberoi Hotel to open first UK hotel in London Nov 7, 2024 Grosvenor and EIH London Investments Ltd have today announced that South Molton, in London’s prestigious Mayfair, will be home to the Indian luxury hospitality group’s first Oberoi Hotel in the UK. Located on a prominent corner at 40-46 Brook Street, the hotel is poised to become Mayfair’s premier luxury boutique hotel, showcasing Oberoi’s iconic design, […] Posted by: Deividas Krupstas Read more
LNT Care Developments acquires 5.1-acre site for care home development Nov 7, 2024 Lochinvar Care Limited has sold Sewardstone House and Chapelfield Nursery, a 5.1-acre freehold site located in Chingford, north east London, to LNT Care Developments. The site benefits from planning permission for a state-of-the-art 66-bedroom care home spanning 2 storeys. The proposed care home will be the first to be built within the catchment area in […] Posted by: Deividas Krupstas Read more
£1bn low carbon heating infrastructure project unveiled in Westminster Nov 6, 2024 Iconic London buildings in the heart of the capital to be heated by new low carbon heat network, expected to create 500 jobs and save 75,000 tonnes of CO2 every year. Just days after the UK Government revealed an Autumn Budget that included significant infrastructure investment plans, a new £1bn low-carbon infrastructure project has been […] Posted by: Deividas Krupstas Read more
ActivumSG announces first UK hospitality acquisition Nov 6, 2024 Leading Pan-European real estate private equity investment manager ActivumSG, on behalf of ActivumSG Fund VII, working with Global Hospitality Investment Group, today announced the acquisition of Sutton Point, a hotel-led mixed-use asset in Greater London, for £21 million. The transaction underscores ActivumSG’s belief that, despite stabilizing interest rates and easing inflation, there remain substantial opportunities […] Posted by: Deividas Krupstas Read more
Sama submits plans for student accommodation in Birmingham’s China Quarter Nov 6, 2024 Sama Investment Group, the Birmingham-based developer and investor, has submitted plans to deliver 301 student beds on a prominent brownfield site in the heart of Birmingham’s vibrant China Quarter. The new scheme would be delivered across a stepped building of 4 storeys, 10 storeys and 15 storeys on Pershore Street. As part of the transformation, […] Posted by: Deividas Krupstas Read more
Network Space secures consent for 215-homes development near Barnsley Nov 6, 2024 Following last month’s successful appeal decision, Network Space Developments (NSD) has secured planning consent for up to 215 homes in Carlton, Barnsley. Of the 215 homes approved, 10% will be designated as affordable housing with an agreed contribution of over £1m to improve local education provision. The proposals also include local highways improvements and enhanced […] Posted by: Deividas Krupstas Read more
Barberry secure approval for £20m warehouse scheme Nov 6, 2024 Exciting plans to build a £20 million industrial and logistics unit at one of the West Midlands’ leading business parks have been given the green light, leading commercial property developer and investor Barberry Industrial announced today. The proposed development on Junction 15 of the M40 at Tournament Fields Business Park in Warwick is expected to […] Posted by: Deividas Krupstas Read more
Shawbrook provides Urban Centric £24m loan for first co-living scheme in Wales Nov 6, 2024 Shawbrook has provided Urban Centric with a £23.8m loan which will support the development of what is set to be Wales’ first co-living scheme. Located in Cardiff, this landmark project will transform a 60,000 square foot office building at Knox Court into a modern co-living space featuring 203 units. Each unit will achieve an EPC […] Posted by: Deividas Krupstas Read more
Landsec plan for Lewisham shopping centre transformation Nov 5, 2024 Landsec’s regeneration arm, LandsecU+I, has submitted a hybrid planning application to reimagine a 1970s shopping centre into a new town centre district for Lewisham. If consented, the 17-acre masterplan will deliver 1,700 new homes alongside 445 co-living residences and up to 660 student beds, progressing Landsec’s pipeline of residential-led opportunities in the capital. The new […] Posted by: Deividas Krupstas Read more
ING and Delancey partner in £135m refinancing of the Notting Hill Gate Estate Nov 5, 2024 Global wholesale bank, ING and Delancey Real Estate, have joined forces for the refinancing of the Notting Hill Gate Estate. ING and Delancey have jointly arranged the £135m refinancing of the Notting Hill Gate Estate, with ING providing the majority of the funding. Delancey, a leading UK-focused real estate investment, asset, and development manager, contributed […] Posted by: Deividas Krupstas Read more
