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
Bold plans submitted to reawaken Silvertown site Jan 17, 2023 A major new planning application for the Silvertown site in the London Borough of Newham has been submitted following an extensive consultation process with local residents and businesses. With a bold character founded in the industrial heritage of this historic part of London, this diverse neighbourhood will feature around 6,500 new homes with 50% affordable […] Posted by: Mya Driver Read more
City Hall seeks development partner for new mixed-use residential development in Enfield Jan 12, 2023 A development partner is being sought for a new mixed-use residential led development at a 1.77-hectare site located on the North Middlesex University Hospital site in Upper Edmonton in the London Borough of Enfield. The successful developer will enter a development agreement with Greater London Authority Land and Property (GLAP) to design and deliver new […] Posted by: Mya Driver Read more
Puma Property Finance inks £50m loan to Scape Living for transformational co-living, commercial and events space in East London Jan 11, 2023 Puma Property Finance (Puma) today announces it has provided a facility of approximately £50m for a transformational co-living, commercial and events development in Walthamstow, East London. The development, directly opposite Blackhorse Lane station, will see the creation of 273 residential living units as well as new commercial co-working areas and a flexible performing arts events […] Posted by: Mya Driver Read more
Goodman secures planning to transform M1 logistics site into state-of-the-art commercial park Jan 10, 2023 Vauxhall’s former aftersales warehouse in Luton, Bedfordshire, is to be transformed into a 1.2 million sq ft industrial and logistics park after Goodman secured outline planning permission for the development. Goodman will regenerate the existing site and take a circular approach to construction, focusing on minimising waste and resources in delivering Goodman London Luton. The […] Posted by: Mya Driver Read more
