CBRE Investment Management to Undertake Major Office Refurbishment at Prime City of London Location Nov 14, 2023 CBRE Investment Management (“CBRE IM”) has announced a comprehensive repositioning of 10 Gresham Street, London following planning consent from The City of London Corporation. The Foster + Partners designed building has been reimagined by leading architecture practice, Gensler to deliver a high-performance office environment with a focus on sustainable resource use. Meeting the needs of […] Posted by: Mya Driver Read more
Major £10m Investment Set to Revitalise North London Villas into Luxury Apartments Nov 10, 2023 In a significant development for North London’s property market, United Trust Bank (UTB) and Iron Bridge Finance have collectively provided over £10 million in funding. This investment will support Northwest3, a joint venture between Prospect Property, OnPlan, and Point6 Developments, in their ambitious project to convert 19 flats into 16 luxury apartments in Swiss Cottage, […] Posted by: Mya Driver Read more
West One Loans Funds Record £48m Housing Project in Acton, West London Nov 10, 2023 West One Loans has marked a significant milestone by completing its largest development finance deal to date, a £31.2 million facility to support a £48 million Gross Development Value (GDV) housing scheme in Acton, West London. This substantial financial package was utilised initially for the acquisition of the site, with plans to demolish the existing […] Posted by: Mya Driver Read more
Brent Cross Town starts construction on second Build-to-Rent building with appointment of main contractor and securing of £97m Green Loan Nov 7, 2023 Related Argent and joint venture partner Invesco Real Estate have appointed the main contractor and secured the debt finance for the development of Brent Cross Town’s second Build-to-Rent (BtR) building, enabling construction of 286 new homes. Galliford Try will deliver the homes and over 17,000 sq ft of amenity and retail space, while the £97m […] Posted by: Mya Driver Read more
Newham Council Mulls £40m Property Portfolio Sale Amid Financial Strain Nov 3, 2023 In a bid to mitigate financial hurdles, Newham Council is deliberating the sale of its property portfolio, NewShare, which presently holds an equity balance of circa £40 million. Initially introduced in 2013, NewShare, a shared equity loan scheme, aimed at facilitating affordable home ownership for residents. The scheme commenced with 305 properties, but now encompasses […] Posted by: Mya Driver Read more
Brookfield and Copley Point Embark on Fourth UK Warehouse Investment Near Heathrow Nov 2, 2023 Global real estate entities, Brookfield and Copley Point Capital, have jointly invested in three distribution facilities valued around £54 million, situated near Heathrow Airport. The facilities, boasting a total area of 220,000 ft2, serve as air cargo hubs for courier companies DHL, Circle Express, and Air Menzies. This marks their fourth collaborative venture in the […] Posted by: Mya Driver Read more
LondonMetric Property sells £24.5 million of assets Nov 2, 2023 LondonMetric Property Plc announces the sale of four offices and two long income assets in separate transactions, for £24.5 million. Four non-core assets have been sold from the recently acquired CT Property Trust (“CTPT”) portfolio for £15.3 million, comprising three regional offices and a car showroom in Newbury. The buildings have a WAULT of six […] Posted by: Mya Driver Read more
City of London Corporation unveils new images of the future City of London skyline by 2030 amid strong year for development Nov 1, 2023 The City of London Corporation has today (2 November) released new images visualising how the Square Mile’s skyline will look by 2030. The new images capture all major developments which have been approved or resolved to approve by the City Corporation over the past 12 months and has been released amid a strong year of […] Posted by: Mya Driver Read more
LDS Proposes 500 Additional Homes in Fourth Phase of Woodberry Down Estate Regeneration Nov 1, 2023 Lifschutz Davidson Sandilands (LDS) has recently submitted plans for the construction of over 500 homes as part of the ongoing Woodberry Down estate regeneration project by housebuilder Berkeley in north London. This submission marks the fourth phase of Berkeley’s ambitious 5,000-home masterplan which also features a 26-storey tower. The application to Hackney council encompasses the […] Posted by: Mya Driver Read more
Redevelopment Opportunity: Regina Road Flats Get Demolition Approval Nov 1, 2023 The way has been paved for a substantial redevelopment opportunity as Croydon Council approves the demolition of Regina Road flats, following a decisive vote by residents in support of the initiative. The flats in South Norwood had been spotlighted in 2021 by an ITV report that highlighted substandard living conditions. This approval for demolition and […] Posted by: Mya Driver Read more
