GPE secures resolution to grant planning permission at Minerva House Jun 7, 2023 Great Portland Estates plc (GPE) announces that Southwark Council has resolved to grant planning permission for the high-quality redevelopment of Minerva House, SE1. The proposals, designed by Ben Adams Architects, are to re-use and extend the existing office building on the Southbank of the River Thames, which will be re-designed to meet GPE’s four strategic […] Posted by: Mya Driver Read more
Chancerygate submits plans for £32m Jun 7, 2023 Developer Chancerygate has submitted plans to speculatively build 82,400 sq ft of Grade A urban logistics and warehousing space in Leatherhead. Called Victory Park, the proposed scheme will comprise 13 leasehold units ranging from 3,000 to 19,000 sq ft. The projected gross development value is around £32m. The 4.6-acre site, which was formerly office and […] Posted by: Mya Driver Read more
City of London launches public engagement to determine Square Mile’s future Jun 6, 2023 The City of London Corporation has this week launched a public engagement phase on its main planning and transport development plans for the Square Mile. Known as ‘City Plan 2040’ and the ‘Transport Strategy’ the proposals, subject to approval, will provide an overarching framework for future development in the Square Mile up to 2040, setting […] Posted by: Mya Driver Read more
Weston Homes exchange on Town Quay Wharf, Barking, in affordable homes partnership with Be First London Jun 6, 2023 Award winning housebuilder Weston Homes has exchanged on a new site in Barking, Town Quay Wharf, in partnership with Be First London, working on behalf of Barking and Dagenham Council The site will be transformed into a £50 million (GDV) mixed-use development providing 147 newly built apartments and 1,000 sqm of commercial space with 42% […] Posted by: Mya Driver Read more
Council in strong position to deliver for residents after capital injection following sale of council-owned company Jun 1, 2023 Merton Council has today (May 31) published details of an £186 million capital injection in its annual accounts following the January 2023 sale of CHAS 2013 Ltd, a wholly-owned subsidiary of the authority. This puts the council in a strong position to deliver on its ambitions to build a better Merton, that everyone can take pride […] Posted by: Mya Driver Read more
Blackfinch Property completes its largest loan to date with £20m refinancing deal in East London Jun 1, 2023 Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed its largest loan to date, a £20m refinancing for a mixed portfolio of 54 residential and commercial properties across East London. The 24-month deal from Blackfinch Property will enable the landlord to continue to provide high quality residential and commercial properties […] Posted by: Mya Driver Read more
London’s empty homes could be worth £20bn May 31, 2023 The Mayor of London, Sadiq Khan, and Westminster City Council are today calling for stronger powers to crack down on empty homes, as shocking new analysis by City Hall reveals an estimated £20bn worth of property is sitting vacant across the capital. The Mayor is calling it a scandal that there are an estimated 30,000 […] Posted by: Mya Driver Read more
The GPA moves forward to complete new hub in Croydon May 30, 2023 The Government Property Agency (GPA) has achieved Practical Completion at its new Government Hub in Croydon, 2 Ruskin Square. The building will accommodate over 5,000 civil servants and enable the Home Office to migrate from three current locations in Croydon to the building in the summer 2024. Following the completion of Cat A construction, funded […] Posted by: Mya Driver Read more
PIC agrees forward purchase of UK Government Property Agency Hub at Ruskin Square, Croydon for £268 million Mar 29, 2023 Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension funds, has agreed the £267.6 million purchase of 2 Ruskin Square in Croydon, a new 344,940 sq ft Grade A office, next to East Croydon railway station, from the Schroders Capital UK Real Estate Fund (‘SCREF’). The building will be let to the […] Posted by: Mya Driver Read more
Gamuda purchases Winchester House London for RM1.39b Mar 28, 2023 Gamuda Bhd, together with its partner Castleforge Partners Ltd — a UK-based real estate private equity investor — has bought the eight-storey commercial building Winchester House London for £257 million (RM1.39 billion). The construction and property group and its partner, via Venta Belgarum II Ltd Pt (VB II), have signed a sale and purchase agreement […] Posted by: Mya Driver Read more
