Silbury Finance provides retirement living specialist Audley Group with £59 million investment loan Oct 4, 2022 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided Audley Group (“Audley”), the UK retirement village provider, with a £59 million investment facility, secured against four retirement villages located across Greater London and the Midlands. The two-year, 75% LTV facility refinances an existing loan and will support Audley as it progresses with the […] Posted by: Mya Driver Read more
Dominvs Group gets permission to build East London 25-storey student accom – now seeking funding to build Sep 29, 2022 Two sites have been approved for the 465-bed purpose-built student accommodation scheme at 302 and 304-312 Stratford High Street. It is now seeking funds to build the scheme and has asked Knight Frank to find a funding partner. The scheme, designed by Henley Halebrown, consists of 786 sqm of workspace as well as 465 student […] Posted by: Mya Driver Read more
Wembley Developer Quintain finalises £277m financing deal with J.P. Morgan Sep 28, 2022 The £277m deal is Quintain’s largest development loan to date, delivering 769 new homes. 74% of the homes delivered will be build-to-rent, the balance including shared ownership, affordable rent and discount market rent homes, with both residential buildings expected be completed by early 2025 Long term partners Quintain and John Sisk & Son have also […] Posted by: Mya Driver Read more
Partnerships sees 1800 new homes developed in Wembley and Dollis Hill Sep 21, 2022 A partnership between leading housebuilder The Hill Group and Pinnacle Investments has entered into a contract with the United Colleges Group, to redevelop two sites in Dollis Hill and Wembley which will together deliver over 1,800 new homes. The parcel of land off Dudden Hill Lane, which is earmarked for approximately 1,500 new, energy efficient, […] Posted by: Mya Driver Read more
Ashby and Native Land to create life sciences hub in King’s Cross Sep 20, 2022 Ashby Capital and Native Land have secured planning to transform a King’s Cross office into a life sciences space. The partners’ plans to reconfigure 105 Judd Street, WC1, as 70,000 sq ft of lab-enabled workspace in the heart of London’s Knowledge Quarter have been approved. Montrose Land and Developments Ltd, a private real estate investment company […] Posted by: Mya Driver Read more
Go-ahead for 712-home south east London scheme Sep 16, 2022 Plans have been approved for up to 712 homes on two sites in Woolwich town centre in south east London. Formation Architects’ proposals for the latest phase of town-centre redevelopment in Woolwich, south-east London won the backing of local councillors. The scheme will deliver 712 new homes and around 2,000sq m of commercial and community […] Posted by: Mya Driver Read more
Amro acquires Sutton building for £170m BTR scheme Sep 15, 2022 Amro Partners has acquired a 200,000 sq ft office building in Sutton for its next Build to Rent project, taking the company’s total transaction volume since inception in 2012 to over £1bn. The site has been purchased subject to planning, with development work scheduled to start on site in early 2024, and the completed property […] Posted by: Mya Driver Read more
CIT plans for London Bridge site approved Sep 15, 2022 Plans for a major development of a landmark site at the southern end of London Bridge have been approved by Southwark councillors. Developers CIT won the backing of Southwark’s planning committee for the redevelopment of Colechurch House – which sits to the north of Duke Street Hill and south of Tooley Street. Planning officer Terence McLennan told the […] Posted by: Mya Driver Read more
Redevelopment of former brewery in East London to go ahead Sep 14, 2022 A proposed development in Brick Lane has been approved, which will see new offices, shops and restaurants built on the site of the Old Truman Brewery in East London. Situated on Brick Lane and Woodseer Street, the Buckley Grey Yeoman-designed scheme involves constructing a part-five storey office building with ground and first-floor commercial units and […] Posted by: Mya Driver Read more
GLA gives green light for 213-home co-living scheme Sep 12, 2022 Oaktree Capital-backed developer Balance Out Living secures approval. Plans for a 213-unit co-living development has been greenlit by The Greater London Authority (GLA). The GLA’s decision follows Wandsworth council issuing planning permission in principle for Balance Out Living’s debut scheme in Battersea in February. The scheme was referred to London mayor Sadiq Khan’s pan-capital authority […] Posted by: Mya Driver Read more