Landsec look set to acquire urban regeneration firm U+I Nov 1, 2021 The recommended cash offer is a 73% premium to U+I’s share price and will give the big London office developer a significant new pipeline of mixed-use regeneration schemes in London and Manchester. Landsec said the acquisition, which will be made through a newly-formed subsidiary LS Development, will see value from combining U+I’s front-end development capabilities, […] Posted by: Mya Driver Read more
The Korea Development Bank to open new London headquarters Nov 1, 2021 AXA Investment Management Alts, a global leader in alternative investments with c. €163 billion of assets under management, has agreed another letting at 22 Bishopsgate, its flagship London development, with The Korea Development Bank (“KDB”) taking c. 13,000 sq ft of space on a ten-year lease. It brings 22 Bishopsgate to 60% let, with further […] Posted by: Mya Driver Read more
Thames Estuary Hydrogen Route Map Launched Oct 27, 2021 The Thames Estuary Growth Board has launched the Thames Estuary Hydrogen Route Map. This significant step forward in hydrogen energy in the UK will keep the nation on track to net zero, support 9,000 jobs and deliver £3.8bn GVA to the UK economy by 2035. Kate Willard OBE, Estuary Envoy and Chair of the Thames Estuary Growth […] Posted by: Mya Driver Read more
Dominvs Group acquires two sites in prime Stratford location for landmark 17,500-square-foot development Oct 27, 2021 Dominvs Group, the leading property development and investment group, has announced the acquisition of two neighbouring sites in East London’s vibrant and dynamic Stratford, totalling 17,424 square feet. The sites will be used in tandem to create a strategic development, becoming the latest in a long line of flagship Dominvs schemes. Dominvs Group is currently […] Posted by: Mya Driver Read more
M7 Capital loans Alltmore £17m to refinance business space portfolio Oct 27, 2021 M7 Capital (“M7C”), a full-service real estate debt specialist, announces that it has provided, on behalf of its UK debt fund TREC II, a £17.3 million loan to Alltmore Properties Ltd (the “Sponsor”), a specialist investor in business centres across Scotland and the North of England, to support the refinancing of a portfolio of seven […] Posted by: Mya Driver Read more
Lewisham BtR scheme forward funded with Legal & General Investment Management Oct 25, 2021 Watkin Jones, the UK’s leading developer and manager of residential for rent homes, is pleased to announce exchange of contracts for the sale of a 322 apartment BtR scheme in Lewisham, South East London. The transaction is on a forward funding basis to one of Europe’s largest asset managers Legal and General Investment Management (‘LGIM’) […] Posted by: Mya Driver Read more
Two major hires for Ballymore Asset Management Oct 25, 2021 Ballymore Asset Management Limited (BAML), the asset management arm of international property development company, Ballymore has appointed Tony Hymers as Managing Director and Ross MacCaskill as Finance Director. Tony Hymers joins from Burlington Estates, the award-winning property management services company based in Mayfair, which he co-founded in 2012. He is a Chartered Surveyor, Fellow of […] Posted by: Mya Driver Read more
Chancerygate secures planning approval for Novus Phase 2 Oct 25, 2021 Industrial developer Chancerygate has been granted planning permission to build phase two of its £33m, 207,000 sq ft Novus business park in Knutsford, with 50,000 sq ft forward sold to furniture company VIDA Living. Located within Parkgate Industrial Estate, phase two of the development will deliver 73,000 sq ft of industrial space with a gross […] Posted by: Mya Driver Read more
Starwood Capital seek IPSX listing for Liverpool office building Oct 25, 2021 Trinistar Liverpool S.a r.L, a controlled affiliate of Starwood Capital Group, a global private investment firm focused on real estate and energy investments, announces it has appointed advisors to explore a potential listing for a newly formed single asset company (the “Company”), which will own the Capital Building in Liverpool, via an initial public offering […] Posted by: Mya Driver Read more
Green light for Muse Developments’ landmark One City Park in Bradford Oct 21, 2021 Muse Developments, one of the UK’s leading names in town and city-centre urban regeneration, has today (Thursday 21 October) received full planning consent for One City Park, a BREEAM ‘Excellent’ 56,403 sq ft office building in the heart of Bradford city centre. The development will transform the former police HQ site, addressing a shortage in […] Posted by: Mya Driver Read more
