Rangeford Villages to Develop New Retirement Community in Elstree Jun 27, 2024 Rangeford Villages, a provider and operator of later living communities, has exchanged contracts to purchase land on Allum Lane, pending planning permission. The company has already submitted a detailed planning application. The planned development will feature 150 units, including one, two, and three-bedroom apartments, as well as two and three-bedroom bungalows. Additionally, the project includes […] Posted by: David Gilbank Read more
Ares Real Estate and EQ Group Secure £400 Million UK Hotel Portfolio May 9, 2024 Ares Real Estate and EQ Group have announced the acquisition of a portfolio comprising 18 hotels from Land Securities for £400 million, reflecting renewed confidence in the UK’s property and leisure sectors. The collection of mid-scale and economy hotels, strategically located in central London and other major UK cities, signifies an important expansion for Ares […] Posted by: David Gilbank Read more
Chelmsford Faces Major Redevelopment as Dominus Plans Massive Project Apr 26, 2024 Plans unveiled by developers Dominus signal a significant transformation for Chelmsford, with a vast redevelopment scheme set to reshape a substantial portion of the city. The proposed project, spanning a five-year timeline, aims to breathe new life into the riverside area, with ambitious plans to introduce modern residential units and commercial spaces. If the proposals […] Posted by: David Gilbank Read more
ASK Partners Funds £18.2m Loan for Chiswick Tower Revamp Apr 19, 2024 ASK Partners, a specialist property lender, has provided an £18.2 million senior loan facility to facilitate the acquisition of Chiswick Tower by a private client investor. The loan, structured for a 24-month term, aims to support the redevelopment of this West London office block into a modern co-living space. Located in the affluent Chiswick area, […] Posted by: Mya Driver Read more
CapitalRise Secures £6.5 Million Loan for Mayfair Luxury Dwelling Development Apr 18, 2024 CapitalRise, a property finance lender, has confirmed a £6.5 million development loan for the refurbishment of a Mews House in Mayfair, one of London’s most sought-after districts. This financial support will enable the transformation of the terraced house into a luxurious three-bedroom home. The property, which spans five floors, is set to undergo significant enhancements. […] Posted by: Mya Driver Read more
Packaged Living and Aviva Investors to fund delivery of 121 new homes in Ebbsfleet, Kent in partnership with Chartway Apr 8, 2024 Packaged Living, the UK’s leading sustainable living specialist, and Aviva Investors, the global asset management business of Aviva plc, announce they have completed a deal to forward-fund the delivery of 121 new homes in Ebbsfleet, Kent with a GDV of c. £50m from Chartway Partnerships Group, a land-led South-East England housebuilder specialising in the development […] Posted by: Mya Driver Read more
Picton exchanges contracts for the sale of part vacant office asset Apr 2, 2024 Picton has agreed to sell its second largest office asset, Angel Gate, London, EC1 for £29.6 million, with completion due on 9 April 2024. This is in line with the Company’s strategy to repurpose appropriate office assets and follows the Company securing residential planning consents during 2023 and a subsequent structured marketing process this year. […] Posted by: Mya Driver Read more
Helical agrees sale of 25 charterhouse square Mar 25, 2024 Helical plc has exchanged contracts on the sale of the long leasehold interest in 25 Charterhouse Square, London, EC1 to a Real Estate fund managed by global alternative investment manager, Ares Management (“Ares)”, for £43.5 million. The disposal price represents a 6.5% discount to the 30 September 2023 book value. Redeveloped by Helical in 2017, 25 […] Posted by: Mya Driver Read more
DTZ Investors Completes Third Investment for the LGPS Central Property Fund Mar 22, 2024 DTZ Investors is pleased to confirm the acquisition of Goodmayes Retail Park, Chadwell Heath, London, the third investment for LGPS Central’s recently launched UK Direct Property Fund. Goodmayes Retail Park is let to a range of retailers including Wickes, Currys, Carpetright, The Gym, Nandos, Costa and Masala Bazaar. The site is located in an area […] Posted by: Mya Driver Read more
Octopus Real Estate funds purchase of land to develop 244-bed student accommodation in Elephant and Castle Mar 19, 2024 Octopus Real Estate, part of Octopus Investments and a leading UK specialist real estate investor and lender, has provided a commercial loan to complete the purchase of a site located in Elephant and Castle, Central London. The site contains detailed planning consent for the development of a 244-bed student accommodation scheme. The loan has been […] Posted by: Mya Driver Read more
