Development Opportunity at Ebury Bridge Estate with £6.4M Phase 2 Demolition Plan Dec 11, 2023 Westminster City Council has authorised a significant step in the Ebury Bridge Estate regeneration, approving a £6.4 million investment for the demolition of Phase 2 buildings. This decision, which comes as part of the council’s broader renewal commitment, is designed to “enable a contractor with historic and current knowledge of the site to be appointed […] Posted by: Mya Driver Read more
Mitsubishi Estate and Edge Buy Prime London Office Tower at £150 Million Dec 8, 2023 Mitsubishi Estate has partnered with Dutch developer Edge to acquire a prominent office tower in London’s West End, previously leased to WeWork, for £150 million. This purchase price reflects a 44% reduction from the £267 million paid by the former owners, a joint venture between Savills Investment Management and Korea’s Vestas Investment Management, in 2018. […] Posted by: Mya Driver Read more
North London Retail Site to Transform into £1 Billion, 1,046-Home Development Dec 7, 2023 A housing department minister has approved plans for a new 1,046-home development on a retail site in North London, highlighting a strategic move to address the area’s housing shortage. This 18-storey project on Cricklewood Lane, previously occupied by a B&Q hardware store, presents a significant opportunity for both developers and investors. Montreaux Cricklewood Developments secured […] Posted by: Mya Driver Read more
British Land gains approval for fourth London Urban Logistics Scheme Dec 1, 2023 British Land has received planning consent for a 644,000 sq ft multi-storey logistics scheme in Thurrock, Essex. The project, due to begin construction in Q1 2025, will provide occupiers with purpose-built logistics space suitable for use as a hub for last-mile deliveries and returns. The scheme is located adjacent to Junction 31 of the M25, […] Posted by: Mya Driver Read more
Chadwell Heath Residential Project Secures £15m Development to Investment Loan in a Boost to UK Housebuilding Nov 29, 2023 A residential property development in East London has been refinanced, following a bespoke £15m development to investment loan from Secure Trust Bank (STB) Real Estate Finance (REF). Situated in Chadwell Heath, an area rising in popularity for new property development schemes, the eight-story building will provide 55 high-quality residential units comprising of between one to three bedrooms. […] Posted by: Mya Driver Read more
Planning permission granted for next phase of Hemel Hempstead logistics park Nov 29, 2023 Planning permission has been granted for a further phase of development at Prologis Park Hemel Hempstead as a result of collaboration between leading owner, developer and investor of logistics property, Prologis UK and Dacorum Borough Council. The next wave of development will see five new units being built within Maylands Business Park, which is already […] Posted by: Mya Driver Read more
See the councils here: UK-Wide Boost with £1 Billion Government Investment in 55 Local Projects Nov 21, 2023 – Torbay Council – Doncaster Council – Blackpool Council – Bolton Council – Portsmouth Council – Pembrokeshire Council – South Tyneside Council – Stockton-on-Tees Council – Elgin (Moray Council) – Dumfries and Galloway Council – Isle of Wight Council – Keighley (Bradford Council) – Newcastle Upon Tyne Council The UK government has committed nearly £1 […] Posted by: Mya Driver Read more
BFS Secures £1.9m Loan for London Property Nov 20, 2023 Bridging Finance Solutions (BFS) has successfully facilitated a £1.89 million bridging loan for a London-based client. This achievement marks one of the largest bridging deals for BFS in the fourth quarter of the year. The loan will assist the client, who had previously purchased and refurbished a property for investment purposes, with their financial obligations. […] Posted by: Mya Driver Read more
Tottenham High Road West Scheme Set to Deliver 3,000 New Homes Nov 20, 2023 Haringey Council is moving forward with the High Road West scheme in Tottenham, a major development poised to deliver approximately 3,000 new homes. This significant regeneration project, which has been in planning stages and received approval last year, represents a transformative investment in the community. The scheme is a key part of the council’s vision […] Posted by: Mya Driver Read more
5,000 New Homes Proposed in Croxley’s Local Plan Nov 16, 2023 A major development opportunity is emerging in Croxley as the Three Rivers District Council opens a public consultation for its ambitious Local Plan. This plan, a blueprint for the future, proposes the construction of nearly 5,000 new homes in the area over the next 18 years. Focused on sustainable and strategic growth, the plan targets […] Posted by: Mya Driver Read more