Facebook Owner Reduces London Office Space, Returns Lease Near Euston Station Sep 26, 2023 Meta Platforms, the parent company of Facebook, has reportedly scaled back its office real estate in London by surrendering a lease on a building located at 1 Triton Square, between Euston Train Station and Regent’s Park. British Land, the UK’s largest property development firm, confirmed this in a business update. Despite expanding its real estate […] Posted by: Mya Driver Read more
PGIM and Valor Collaborate on Financing London’s Prime Industrial Assets Sep 21, 2023 In a recent development, PGIM Real Estate has extended a floating-rate senior investment loan to Valor Real Estate Partners for a significant industrial portfolio in Greater London. This collaboration marks the fourth transaction between PGIM and Valor. The portfolio, spanning 518,000 ft^2, comprises 11 properties strategically located near the M25 motorway. Impressively, six of these […] Posted by: Mya Driver Read more
Landsec Expands Flexible Office Portfolio with an Additional 100,000 sq ft Sep 19, 2023 Landsec is set to boost the growth of its flexible office brand, Myo, by inaugurating an extra 100,000 sq ft of space in Kings Cross by 2025 and Lucent, Piccadilly in early 2024. This expansion aligns with Landsec’s strategy to capitalize on the success of Myo’s existing sites, Myo Victoria Street and Myo Liverpool Street, […] Posted by: Mya Driver Read more
Canada Water Dockside given green light by Southwark Council Sep 14, 2023 Art-Invest Real Estate (Art-Invest) announces that on 13 September 2023 Southwark Council resolved to grant permission for detailed designs at Canada Water Dockside, its c.1.5 million sq ft (140,000 sqm) commercially-led, landmark scheme in Canada Water. A 4.5-acre site, Canada Water Dockside is one of London’s largest and most innovative developments that sits at […] Posted by: Mya Driver Read more
Broadwood Capital Ventures into Prime Central London with £2.1m Loan Sep 7, 2023 Alternative real estate lender, Broadwood Capital, has successfully finalised a £2.1m loan in prime central London. This loan is intended to fund the purchase of a property located in Covent Garden. The property, a 4,800 sq ft Grade II-listed building on Buckingham Street, has received planning permission to be transformed from office space into a […] Posted by: Mya Driver Read more
Croydon School of Art Set for Major Revamp with £7.56m Funding from REIM Capital Sep 4, 2023 In a significant move to rejuvenate Croydon’s cultural heritage, REIM Capital has announced a £7.56m bridging loan to support the redevelopment of the former Croydon School of Art. Located in the heart of Croydon town centre, the iconic building has remained vacant since 2012. However, with the new funding, the site is poised to be […] Posted by: Mya Driver Read more
E1 Club in Wapping Gains Green Light for Brand-New Establishment Sep 4, 2023 Amidst uncertainties surrounding its future due to an impending redevelopment initiative, the renowned E1 club, nestled in the heart of Wapping, East London, has received a favourable nod from the Tower Hamlets council for the construction of a fresh venue. The vicinity surrounding its existing location on Pennington Street is set to undergo a transformation, […] Posted by: Mya Driver Read more
Developer needed: Lambeth Council looking for partners for multi £million Somerleyton Road Project Sep 1, 2023 Lambeth Council has announced its active search for a development partner to drive forward the next phase of its ambitious Somerleyton Road regeneration scheme in Brixton. This move comes as part of the council’s broader initiative to enhance the local community, with plans already in place for the construction of over 320 new homes. The […] Posted by: Mya Driver Read more
AEW’s £18.5 Million Investment: Windsor Royal Station Shops Acquired Aug 30, 2023 In a significant move that underscores its commitment to prime real estate, AEW has announced the acquisition of Windsor Royal Station shops through its Urban Real Estate Fund (UREF). The deal, worth a staggering £18.5 million, encompasses a shopping area of 74,200 sq ft, strategically located next to the Windsor Yards centre, which AEW had […] Posted by: Mya Driver Read more
London’s Prime Property Market Sees a Resurgence with £22m Sale to Far East Buyer Aug 29, 2023 A recent sale of a London flat for a staggering £21.95 million to a buyer from the Far East has marked a notable shift in the capital’s luxury property market. This sale, of a residence overlooking Green Park, is significant as it’s one of the rare central London properties to have sold for over £5,000 […] Posted by: Mya Driver Read more
