Ridgeback Group and Angelo Gordon complete £300m forward fund deal for Telford Homes BtR developments Feb 14, 2023 Telford Homes and a joint venture between Ridgeback Group and Angelo Gordon (the JV) has announced the completion of a landmark £300m forward-funding deal to deliver a diversified portfolio of three high-quality Build to Rent developments across London. The deal marks a major milestone for Telford Homes as it continues to build its growing BtR […] Posted by: Mya Driver Read more
£600m JV Westminster plan Feb 13, 2023 Westminster City Council is moving ahead with plans for for a housing estate renewal project in the Marylebone Church Street market area. Plans involve redevelopment of three major sites to build over 1,100 new homes, with a minimum 50% affordable. This will involve full demolition of the huge Church Street estate neighbourhood. Blocks of approximately […] Posted by: Mya Driver Read more
Panattoni Acquires Prime West London Site for shed development Feb 13, 2023 Panattoni, the largest logistics real estate developer in the UK and Europe, is working up plans for a speculative 80,000 sq ft last-mile logistics development in the sought-after West London catchment. The net zero carbon development, which will be called Panattoni Poyle 80, is located west of London Heathrow and close to junction 14 of […] Posted by: Mya Driver Read more
GPE completes sale of 50 Finsbury Square, EC2 Feb 9, 2023 Great Portland Estates plc (GPE) is pleased to announce the completion of the sale of 50 Finsbury Square, EC2 which, following verification, will be its first net zero carbon development. Construction of the 129,200 sq ft building completed in January, with the leases to Inmarsat Global Limited, and various smaller retailers, commencing shortly thereafter. With […] Posted by: Mya Driver Read more
Native Places-Managed Bankside Aparthotel sold to Jastar Capital Feb 6, 2023 Native Bankside, one of London’s top aparthotels, has been sold by Create REIT to Jastar Capital for in excess of £40 million. In a transaction which underpins the growing strength of the aparthotels sector, the 75-unit, five-year-old development has been sold but will continue to be operated by Native Places under a new long-term management […] Posted by: Mya Driver Read more
British Library extension given green light by Camden Council Feb 1, 2023 Last year, the British Library and its development partners Stanhope plc and Mitsui Fudosan UK Ltd (SMBL) submitted a planning application to extend, reorient and open up our St Pancras site. c The development will respond to the changing needs of our users, creating brand new spaces for culture, learning, research and business, which will […] Posted by: Mya Driver Read more
Lambeth first Local Authority to invest in LCIV UK Housing Fund Feb 1, 2023 London CIV is pleased to report that it has received the first Pensions Committee approval from a Client Fund to invest into the London CIV UK Housing Fund (“the Housing Fund”). The Housing Fund has an open-ended structure and will focus on increasing the supply of good quality, affordable housing in the UK. This will […] Posted by: Mya Driver Read more
Landsec sells One New Street Square for £349.5m Jan 27, 2023 Landsec announces that it has exchanged contracts for and completed on the sale of One New Street Square, EC4 to Chinachem Group, a property developer based in Hong Kong with a real estate portfolio of 8.4m sq ft valued at US$13.7bn. The total consideration for the sale amounts to £349.5m. The sale price compares to a September 2022 valuation […] Posted by: Mya Driver Read more
SHUAA and Northacre announce successful completion of prestigious real estate portfolio management Jan 26, 2023 SHUAA Capital psc, the region’s leading asset management and investment banking platform, and Northacre, London’s leading super prime developer with over 30 years of experience in creating exceptional living spaces, today announced the successful completion of its five-year portfolio management through SHUAA’s subsidiary, Astrea in London. The portfolio management builds on the track record established […] Posted by: Mya Driver Read more
Riverstone acquires 20k sq ft residence near London’s iconic King’s Road Jan 23, 2023 Riverstone has acquired its fourth site – a 142 apartment building from St William, part of the Berkeley Group – which will deliver new homes in a landscape-led sustainable neighbourhood in a highly desirable south-west London enclave on London’s King’s Road. The residence will benefit from an unrivalled position within the King’s Road Park development’s […] Posted by: Mya Driver Read more
