Interland Group Consolidates Investment Property Loans with £66m Refinancing of Greater London Residential Portfolio Jul 20, 2023 Private real estate and renewable energy investment company, Interland, has agreed a £66.4m investment property loan with Secure Trust Bank Real Estate Finance to refinance its portfolio of residential assets across Greater London. The new 5-year agreement sees Interland refinance an existing £42.2m loan with Secure Trust Bank with a £24.2m uplift to cover additional […] Posted by: Mya Driver Read more
Planning consent secured for Europe’s largest life sciences building at Canary Wharf Jul 19, 2023 Canary Wharf Group and Kadans Science Partner have secured planning approval from Tower Hamlets Council for the development of a state-of-the-art commercial health and life sciences building at the North Quay site, adjacent to the Crossrail Station and new Elizabeth Line at Canary Wharf, London. The 23-storey 823,000 sq ft tower will set a new […] Posted by: Mya Driver Read more
Cohort Capital £11 Million Loan for West London Life Sciences Hub Jul 13, 2023 Cohort Capital has facilitated a £11 million loan for the refinance of The Life Science Park located in Sunbury-on-Thames, West London. The park, which is housed in a Grade II-listed Victorian pump house, underwent extensive conversion and restoration in 2022. Spanning over 55,000 square feet, the park comprises high-quality laboratory space. The loan, with a […] Posted by: Mya Driver Read more
Vodafone decides to put its portfolio of data centres in London up for sale Jul 12, 2023 Vodafone Enterprise has put a portfolio of its data centre and office freeholds in central London up for sale. The Network Portfolio, consisting of six facilities covering a total area of 260,000 sq ft (24,155 sqm), is estimated to be valued at £100 million. These properties are currently leased to Vodafone Enterprise UK until April […] Posted by: Mya Driver Read more
SCREF secures planning permission for prime Bloomsbury 106,000 sq ft office repositioning Jul 12, 2023 The Schroders Capital UK Real Estate Fund (‘SCREF’) has secured planning permission to redevelop Minerva House, Fitzroy House, and Telephone Exchange, contiguous, part Grade II listed landmark office buildings on Chenies Street in Bloomsbury into a 106,736 sq ft high-quality workspace, a 37% increase on the current floor area, following the addition of two further […] Posted by: Mya Driver Read more
British Land unveils plans to transform London’s Euston Tower into a life sciences and innovation hub Jul 10, 2023 Leading property company British Land has unveiled plans to redevelop Euston Tower through an innovative combination of retention, re-use and an ultra-low carbon new structure. The plans would transform the building into a pioneering, modern, net zero workspace for cutting-edge businesses of all sizes, including new world-class, lab-enabled spaces at the heart of London’s Knowledge […] Posted by: Mya Driver Read more
£500m Green Finance Fund opens to London local authorities Jul 5, 2023 Urgent action is needed to tackle climate change. We are seeing the impacts of climate change accelerate in London and globally. Last year London experienced drought, record temperatures and heatwaves that also led to wildfires across the city and the busiest day for the London Fire Brigade since the Second World War. Globally we saw […] Posted by: Mya Driver Read more
MRP Purchases Liberty House, Kensington Olympia From Catella APAM Jul 5, 2023 Catella APAM (“APAM”), the specialist UK & Ireland real estate asset manager, is delighted to announce the sale of Liberty House, 76 and 80 Hammersmith Road, London. Catella APAM sold the building on behalf of its Danish client Britannia Invest A/S. The two adjacent office buildings comprise a total of c. 90,000 sq ft of office […] Posted by: Mya Driver Read more
Pioneer Group and King’s College London to deliver first-of-its-kind incubator partnership Jul 4, 2023 Pioneer Group has announced a new partnership with King’s College London to launch new dedicated start-up incubators in biotech and medtech on the South Bank of London. In a first-of-its-kind partnership in the UK, King’s College London has teamed up with Pioneer Group, the specialist life sciences real estate and venture building company, to develop […] Posted by: Mya Driver Read more
Aprirose Heathrow logistics development receives clearance for take off Jul 3, 2023 Aprirose, the real estate investment company, has secured planning consent from Hillingdon London Borough Council to develop a prime new industrial and logistics scheme at Heathrow. Located on the site of a former NCP car park, on the corner of the M4 spur road and Bath Road just 100m from the Heathrow Airport, the development […] Posted by: Mya Driver Read more