Whitbread acquires freehold of 35 Red Lion Square in Central London Feb 4, 2025 Whitbread Plc, the parent company of Premier Inn, the UK’s largest hotel brand, has acquired the freehold of 35 Red Lion Square, WC1 for conversion into a hub by Premier Inn hotel. The prime property, which is in a prominent location on the junction of Theobalds Road, Drake Street and Red Lion Square, was purchased […] Posted by: Deividas Krupstas Read more
Berkeley Group breaks ground on Trillium regeneration scheme in Westminster Feb 3, 2025 Berkeley Group has broken ground on Trillium, a landmark regeneration project set to deliver 556 new homes in Westminster. The former Paddington Green Police Station site at Edgware Road will include 39% affordable homes onsite once complete and an additional 11% provided at the Mayor of London’s strategic site in Barnet – achieving a total […] Posted by: Deividas Krupstas Read more
Broadgate REIT announces joint venture with Modon to deliver development in London Jan 24, 2025 Broadgate REIT, owned equally by British Land and GIC, announces the formation of a new Joint Venture (‘JV’) with Abu Dhabi based holding company, Modon Holding (‘Modon’), to deliver 2 Finsbury Avenue, a 750,000 sq ft world-class development at Broadgate. British Land and GIC will each retain 25% ownership in 2 Finsbury Avenue through their […] Posted by: Deividas Krupstas Read more
Starboard Hotels Refinances Hampton by Hilton London Park Royal with £20 Million Loan from Leumi UK Jan 23, 2025 Starboard Hotels has successfully completed the refinancing of its Hampton by Hilton London Park Royal property, securing a £20 million loan from Leumi UK. This strategic refinancing will bolster the operations of the 162-room hotel, enabling it to continue offering high-quality hospitality and modern amenities to guests. The Hampton by Hilton London Park Royal boasts […] Posted by: Deividas Krupstas Read more
Norges Bank Investment Management acquires 25% interest Grosvenor’s portfolio Jan 22, 2025 Norges Bank Investment Management has acquired a 25 percent interest in a mixed-use property portfolio located in Mayfair, in a new joint venture with Grosvenor. The agreement was signed on 21 January 2025, and the transaction was completed the same day. Norges Bank Investment Management paid 305.7 million pounds for its 25 percent ownership interest, […] Posted by: Deividas Krupstas Read more
Octopus Real Estate funds acquisition of Hackney Wick site for 337-unit co-living development Jan 22, 2025 Octopus Real Estate, part of Octopus Investments and a leading UK specialist real estate lender and investor, has provided a loan to Mitheridge Captial Management for their prime development site on Wallis Road, Hackney Wick, London. The site has detailed planning consent for the creation of a 337-unit co-living scheme, with Halcyon Development Partners acting […] Posted by: Deividas Krupstas Read more
Tritax Big Box acquires Heathrow site for Data Centre Jan 21, 2025 Tritax Big Box REIT plc has purchased a 74-acre site at Heathrow, London within the Slough Availability Zone, a key FLAP-D prime EMEA data centre location. Simultaneously, the Company has acquired a 50% share in a joint venture with a leading European renewable and low carbon energy power generator. The JV enables accelerated power delivery […] Posted by: Mya Driver Read more
Fiera’s European Real Estate Debt platform completes a £58m refinancing of W.RE’s Arding & Hobbs in Clapham Junction Jan 14, 2025 Fiera Real Estate Debt Strategies (“Fiera”), an affiliate of Fiera Capital Corporation, a global asset manager with $122.5 billion in assets under management, has provided a £58 million senior debt facility to W.RE, to refinance the iconic Arding and Hobbs building in London’s Clapham Junction. The landmark property, located directly opposite Clapham Junction station, was […] Posted by: Deividas Krupstas Read more
Valor and QuadReal continue deployment momentum with acquisition of prime East London distribution centre for c.£130 million Jan 14, 2025 Valor Real Estate Partners (“Valor”), Europe’s fastest growing last mile real estate specialist, has acquired, on behalf of its joint venture (the “JV”) with QuadReal Property Group (“QuadReal”), a global real estate investment, operating and development company, a prime last mile distribution centre in Purfleet, East London, for c.£130 million. It represents the JV’s largest […] Posted by: Deividas Krupstas Read more
Evolve Estates acquires Elephant Park Retail and Leisure core Jan 8, 2025 Evolve Estates, part of the commercial property and investment collective M Core, has announced the acquisition of a 120,000 sq ft retail and leisure space from Lendlease at Elephant Park, one of London’s major mixed-use regeneration projects in London, Zone 1. Located in the historic Elephant & Castle area of central London, Elephant Park […] Posted by: Mya Driver Read more
