PIC and Octopus Real Estate to build £115m retirement community in St Albans Nov 11, 2022 Senior Living Investment Partners, a partnership between Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension schemes, and specialist real estate lender and investor Octopus Real Estate (“Octopus”), today announces its first retirement community investment via a joint venture with Elysian Residences. The joint venture has acquired a nine-acre site with planning […] Posted by: Mya Driver Read more
Approval granted for £250M Oriel eye-care centre Nov 10, 2022 Plans for Oriel, a new £250M state-of-the-art eye care, research and education centre, have been given the green light by government. The joint initiative between Moorfields Eye Hospital NHS Foundation Trust, the UCL Institute of Ophthalmology and Moorfields Eye Charity, which will see services move to a brand-new integrated centre on the site of St Pancras […] Posted by: Mya Driver Read more
British Land acquires £157m 12.5 acre site in North London bringing the urban logistics development pipeline to over £1bn Nov 10, 2022 British Land announces that it has exchanged on the acquisition of three warehouses at Hannah Close, in Wembley for £157m with completion expected by mid February. This is a development-led opportunity which aligns to our strategy of delivering new urban logistics space through the intensification and repurposing of existing buildings. It is well located within […] Posted by: Mya Driver Read more
Gravesham community investment programme to deliver regeneration and new homes Nov 3, 2022 Award-winning housebuilder The Hill Group and Gravesham Borough Council have announced a strategic joint venture partnership to bring long-term investment and create new homes and amenities for the local community. The Gravesham Community Investment Partnership will support the council in achieving its new build programme to deliver hundreds of affordable homes across the borough. Schemes […] Posted by: Mya Driver Read more
£600m Cavalry Barracks plans approved Oct 14, 2022 Inland Homes has received, on behalf of the third-party project investor, a resolution to grant planning permission at Cavalry Barracks in West Hounslow for a mixed-use development of 1,525 homes and 2,700 sqm of commercial space. Inland Homes acquired the site from the Ministry of Defence and submitted the planning application in March 2021. It […] Posted by: Mya Driver Read more
St Albans City Hospital redevelopment gets greenlight Oct 4, 2022 As part of the overall plans to develop the three West Hertfordshire Hospitals, St Albans, Hemel Hempstead and Watford General, the proposals to redevelop the hospital mean the vision to give each centre a distinct role within the community take a step closer. Associate Director of the Regional Development Programme Mr Tim Duggleby, told the […] Posted by: Mya Driver Read more
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
