L&G Industrial Fund acquires 1.4-acre London site from Henshall and Partners Sep 28, 2021 Southwark based property agents Henshall & Partners have sold a 1.4-acre warehouse unit for £16.5 million to Legal & General’s Industrial Property Investment Fund. The subject property extended c.60,000sqft and is located in South Bermondsey, SE16. It was producing £650,000pax worth of income from longterm tenancies. This recorded another industrial sale for Henshall & Partners.The agents have now amassed […] Posted by: Mya Driver Read more
Aviva Investors acquires London office for climate transition real assets fund Sep 28, 2021 Aviva Investors, the global asset management business of Aviva plc, announces that it is has acquired Curtain House, a multi-let office building in Hoxton, London N1, which represents the first investment made by its recently launched Aviva Investors Climate Transition Real Assets Fund. A short walk from Old Street’s Silicon Roundabout, Curtain House is a […] Posted by: Mya Driver Read more
Oxford Properties completes acquisition of M7 Real Estate Sep 28, 2021 Oxford Properties Group, a leading global real estate investor, asset manager and business builder, has completed its acquisition of M7 Real Estate, having received all regulatory approvals. The deal, which was announced in January this year, brings together one of the UK’s leading European real estate investment and asset management platforms and a globally renowned […] Posted by: Mya Driver Read more
Ingenious completes three real estate development loans Sep 28, 2021 Ingenious is delighted to announce that Ingenious Real Estate Finance LLP has completed three new loans totalling £20 million to fund regional family homes in Felixstowe, Gateshead and Abberley, Worcester. In Felixstowe, Ingenious Real Estate has agreed a development finance facility of £10.3m over 18 months with existing client Generator Group, to fund the development […] Posted by: Mya Driver Read more
£30bn framework launched by Crown Commercial Service Sep 27, 2021 The race has begun to tender for the latest CCS framework – with ProCure23 and major project framework covering public spending departments. The fourth-generation ProCure23 element for the NHS is set to be split into three lots, with the other two covering the Ministry of Defence (MoD) airfield works and construction works valued more than […] Posted by: Mya Driver Read more
Allianz and BentallGreenOak strike deal to bring forward eight logistics assets Sep 27, 2021 Allianz Real Estate, acting on behalf of several Allianz group companies, has provided GBP240 million (EUR280 million) in debt funding to BentallGreenOak, working with Equation, to support the development of a build-to-core portfolio of eight prime logistics assets in the UK. The financing meets the criteria to be classed as a green loan and has […] Posted by: Mya Driver Read more
Aldi announce £1.3bn investment drive to create 100 new stores Sep 27, 2021 Supermarket giant Aldi has unveiled plans to open 100 new stores as part of a major £1.3bn investment – which will create 2,000 new jobs. The investment will take place over the next 24 months as the firm continues to see a sales surge – topping more than £12.3bn in 2020 which was a 10% […] Posted by: Mya Driver Read more
Dolphin Living exchanges contracts with Landsec to provide new affordable homes in London’s Soho Sep 27, 2021 Dolphin Living, one of the of UK’s most innovative and forward-thinking providers of intermediate affordable housing, has exchanged contracts with Landsec for the purchase of the long leasehold of a site in the heart of Soho, London, in order to provide new affordable homes. The site is located at 118-122 Wardour Street in the City […] Posted by: Mya Driver Read more
Henderson Park acquires £60m office unit in London innovation hotspot Sep 27, 2021 Henderson Park, the private equity real estate firm headquartered in London, announces that it has acquired 100 Leman Street from abdrn for £60 million on behalf of Henderson Park Real Estate Fund I. The high quality modern office offers Henderson Park medium term potential to undertake a series of asset management initiatives to add amenities, […] Posted by: Mya Driver Read more
Workspace continues acquisitions spree with £43m Shoreditch purchase Sep 27, 2021 Workspace Group has announced that it has exchanged contracts to acquire Stapleton House, also known as ‘The Old Dairy’, in Shoreditch, for a total of £43.38m. The property provides 57,000 sq. ft. of net lettable space adjacent to Workspace’s business centre, The Frames, which opened in 2017 following a major refurbishment project. The Old Dairy […] Posted by: Mya Driver Read more
