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
Related Argent’s second Brent Cross Town office building granted planning consent Jul 3, 2023 Related Argent has received planning consent for the second building in its new commercial district at Brent Cross Town: a nine-storey, mass-timber office building, designed by architects, Bennetts Associates. The planning approval has been granted as activity at Brent Cross Town continues to progress with five buildings, including residential and student rooms, already under construction, […] Posted by: Mya Driver Read more
Hines Acquires Prime West End Asset in London Jul 3, 2023 Hines, a global real estate investment, development and property manager, has acquired the 103,000 square foot, Film House, in the West End of London, on behalf of its Hines European Value Fund 3 (HEVF 3). Film House is a landmark building with 94,000 square feet of office and 9,000 square feet of restaurant space in […] Posted by: Mya Driver Read more
Civitas Social Housing is nearing a private acquisition deal Jun 27, 2023 Civitas Social Housing PLC (LSE:CSH) has lowered the minimum shareholder voting threshold to facilitate the £485 million private acquisition bid from CK Asset Holding. The required percentage of voting rights has been decreased from 75% to 50%, essentially making the offer unconditional as CK Asset Holdings has already acquired over 60% of voting rights. Civitas […] Posted by: Mya Driver Read more
MFS secures £400m funding line from institutional investors with specialist finance in demand Jun 27, 2023 Market Financial Solutions (MFS) has secured £400 million of new institutional funding to fuel the growth of the lender’s loan book as demand for specialist finance ramps up. The new funding from an institutional investor will be applied across MFS’s bridging finance products. Bridging loan applications (+13.1%) and completions (+11.8%) both rose notably in Q1 2023 […] Posted by: Mya Driver Read more
