Town Centre Securities acquire prime London commercial space Sep 9, 2022 TCS has announced the acquisition of a new London Head Office on Weymouth Street. This latest purchase forms part of the company’s ongoing portfolio diversification strategy and long term capital growth plans. The recently refurbished, 4,760 sq.ft, Grade II listed property currently comprises residential accommodation to the third floor, with office space to lower ground, […] Posted by: Mya Driver Read more
Chinachem acquires TikTok London office from Helical in £158.5m deal Sep 6, 2022 Helical is pleased to announce that it has exchanged contracts on the sale of the single asset company, Farringdon East (Jersey) Limited, which owns the long leasehold interest in Kaleidoscope, Lindsey Street, EC1 to Chinachem Group at a disposal price of £158.5m reflecting a capital value of £1,789 psf and a marginal premium to book […] Posted by: Mya Driver Read more
Ballymore and Transport for London partnership to transform Edgware Sep 1, 2022 Regeneration expert Ballymore and Transport for London (TfL)’s commercial property company, TTL Properties Ltd (TTLP) have formally committed to combine their landholdings in Edgware. Working with the London Borough of Barnet, they will deliver their shared vision of a reimagined town centre with a thriving high street on Station Road open to all. The 7.5-acre […] Posted by: Mya Driver Read more
Investec provides £11m loan to Meadow Partners for King’s Cross acquisition Aug 25, 2022 Investec Real Estate (“Investec”) announces that it has provided Meadow Partners (“Meadow”), an institutional middle-market real estate investor, with a 36-month, £11.2 million senior loan, to support its acquisition of a prime mixed-use building on highly sought-after Northdown Street in King’s Cross, London. Designed and developed in 2007 by renowned architect Squire & Partners, the […] Posted by: Mya Driver Read more
Thackeray Group disposes of London office development in £30m+ deal Aug 9, 2022 Thackeray Group, the real estate investment, development and asset management company owned by Antony Alberti and Brett Palos, has sold its Assembly Rooms office development in Putney to a private investor for more than £30 million. Assembly Rooms is the first new office development in Putney for over a decade. Designed by Jo Cowen Architects, […] Posted by: Mya Driver Read more
Silbury Finance provides £100m of funding for two residential-led schemes Aug 1, 2022 Silbury Finance, the Oaktree Capital Management-backed development lender, has completed two senior development facilities, totalling £96.5 million, to fund the delivery of residential-for-sale schemes on the Old Kent Road, SE15, and in Reading. Silbury has provided Avanton, the London property developer, with a £68 million stretch facility. It will fund the redevelopment of the former […] Posted by: Mya Driver Read more
£27m low-carbon energy investment announced for London Borough homes Jul 29, 2022 More than 10,000 Haringey homes in the east of the borough will receive low-carbon, sustainable energy after the council was awarded £27.8m funding The Tottenham Hale and Broadwater Farm District Energy Network (DEN) and the Wood Green DEN will help support Haringey’s goal of becoming net zero carbon by 2041, as well as deliver ambitious […] Posted by: Mya Driver Read more
KanAm Grund Group move step forward in first London redevelopment project Jul 28, 2022 KanAm Grund Group has secured a resolution to grant planning consent from the City of London for its first redevelopment project, “Princes Court” in London. The original 1960s building is located at 7 Princes Street, EC2, in the heart of the City’s financial district. Located directly opposite the Bank of England, and next to the […] Posted by: Mya Driver Read more
Investec provides Landhold Developments with £13.5m development loan Jul 27, 2022 Investec Real Estate announces that it has provided Landhold Developments, the experienced London and Home Counties-focused commercial and residential investor and developer, with a £13.5 million senior facility, to fund the construction of 36 high quality homes in a prime Zone 3 London location. Known as Clapham Quarter, Landhold is transforming what is currently a […] Posted by: Mya Driver Read more
Catalyst and Hill submit plans for 1,000 homes in Haringey Jul 19, 2022 Catalyst and development partner The Hill Group have submitted a hybrid planning application to Haringey Council for a mixed-use development on a site adjacent to St Ann’s Hospital in South Tottenham. When approved, the redevelopment will include up to 995 new homes, 60% of which will be affordable – helping to deliver much-needed housing in […] Posted by: Mya Driver Read more
