Investec provides City & Docklands with £50 million investment facility secured against iconic West London residential tower Feb 5, 2024 Investec Real Estate announces that it has provided City & Docklands Group, the London property developer, with a £50 million investment loan, secured against 149 newly completed luxury apartments at One West Point, a landmark residential scheme in West London. The facility, which refinances an existing loan, is the sixth transaction between the two parties. […] Posted by: Mya Driver Read more
London office requirements hit 10-year high with 80% of companies seeking to upsize Feb 1, 2024 London office requirements have hit the highest level for 10 years with companies on the hunt for close to 12 million sq ft of new office space, according to Knight Frank. This figure represents a 34% increase compared to last year, with 80% of these firms intending to upsize, or match their office footprint in […] Posted by: Mya Driver Read more
Mayor of London gives go ahead for next phase of Aberfeldy transformation Jan 29, 2024 Life-changing improvements for the Aberfeldy community have been given the green light; including 1,500 new homes – 39% affordable – new green spaces, workspaces and improved connections. The Deputy Mayor for Planning, Regeneration and Skills (acting under delegated powers from the Mayor of London) has approved the next phase of our 20-year transformation of Aberfeldy […] Posted by: Mya Driver Read more
Harlow Embarks on a Cultural Transformation: £20m Arts Quarter Plan Submitted Jan 3, 2024 Harlow’s town centre is set for a major transformation with the recent submission of a planning application for the £20 million Harlow Arts and Cultural Quarter. This initiative, focusing on the redevelopment of Playhouse and College Square, has received validation from the council’s planning team, with public consultations poised to begin soon. The project, backed […] Posted by: Mya Driver Read more
London Borough of Newham Acquires Harlow’s 172-Unit Development for Housing Project Dec 20, 2023 London Borough of Newham has finalised the purchase of a substantial housing development in Harlow. This acquisition includes a fifteen-story block of flats, located strategically by the railway station roundabout between Elizabeth Way and Edinburgh Way, consisting of 172 homes. This development is conveniently situated near key amenities such as Addison House Surgery and Princess […] Posted by: Mya Driver Read more
Kadans Science Partner expands portfolio with King’s Cross addition Dec 20, 2023 Kadans Science Partner, a key player in the European science and technology real estate sector, has recently expanded its Pan-European portfolio with the addition of a new asset in King’s Cross, London. The property, located at 22-23 Tileyard Road, is set to be transformed into a high-quality, purpose-built laboratory space, addressing the growing demand for […] Posted by: Mya Driver Read more
BNP Paribas REIM Acquires Central London Office for £42.5 Million Dec 19, 2023 BNP Paribas Real Estate Investment Management (REIM) has finalised the purchase of 25 Victoria Street, a prominent office building in Central London, from Delancey Real Estate. The acquisition, valued at £42.5 million, represents a strategic expansion for BNP Paribas REIM’s portfolio, particularly for its European Impact Property Fund (EIPF). This property, encompassing a total area […] Posted by: Mya Driver Read more
AIRE Secures Streatham Virgin Active Club in £5.1 Million Deal Dec 19, 2023 Alternative Income REIT PLC (AIRE), known for its diversified UK commercial property assets, recently announced the acquisition of the Virgin Active leisure club in Streatham, South-West London. The purchase, amounting to £5.1 million, represents a net initial yield of 9.8% and offers a cost advantage compared to building anew. This strategic move utilises the bulk […] Posted by: Mya Driver Read more
Fiera Real Estate and Wrenbridge acquire a 2.6-acre site in Waltham Cross to develop a c. £25m scheme Dec 14, 2023 Fiera Real Estate (“Fiera”) and Wrenbridge are pleased to announce the acquisition of a 2.6 acre site on Britannia Road, Waltham Cross. The business plan is to speculatively develop a mid-box urban logistics unit with a GDV of c.£25m. This represents the sixth acquisition for the Fiera Real Estate Logistics Development Fund UK (“FRELD”) which […] Posted by: Mya Driver Read more
Gatwick Diamond Regional Delegation to go to Global Real Estate Conference Dec 13, 2023 South East local and regional authorities are joining forces with private sector affiliates to showcase the region to over 10,000 investors, developers, occupiers and local authorities at UKREiiF 2024. Under the Invest in the Gatwick Diamond umbrella, this is the region’s first-ever delegation to The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) in Leeds […] Posted by: Mya Driver Read more
