Cheyne Capital provides £220m funding for Riverstone’s latest London scheme Apr 12, 2022 Cheyne Capital has provided a £219 million senior facility to Riverstone, the provider of exceptional London living for over 65s in prime London locations, for its Riverstone Kensington residence. This comes a year after Cheyne provided a £99 million facility to Riverstone for its Fulham Riverside residence, which is due to open in the second […] Posted by: Mya Driver Read more
DWS acquires three residential blocks in London Apr 8, 2022 DWS has announced it has exchanged contracts to acquire three residential properties within the development known as “Royal Albert Wharf” in East London for one of its institutional real estate funds, in an off-market transaction. The fully let new residential properties in the Royal Docks, completed in 2020, are located directly on the River Thames […] Posted by: Leon Newton Read more
Pocket Living secures permission for new affordable homes in Hackney Apr 8, 2022 Innovative affordable housing developer Pocket Living has secured a unanimous resolution to grant planning permission from Hackney Council for a new residential development on Mandeville Street in Hackney, London. Representing Pocket’s third scheme within the Borough, the seven-storey development will utilise a vacant parcel of land formerly used as a health care centre, offering much-needed […] Posted by: Leon Newton Read more
PATRIZIA gets green light for Camden Grade A office development Apr 8, 2022 PATRIZIA AG, a leading partner for global real assets, has secured planning permission from London’s Camden Council to convert the iconic hClub building into a state-of-the-art office in the heart of Covent Garden on Endell Street. The plans will see PATRIZIA transform the former members’ club into c. 35,000 sq. ft. of Grade A office […] Posted by: Leon Newton Read more
The Howard de Walden Estate adds to its Executive Committee Apr 6, 2022 The Howard de Walden Estate today announces that it has appointed three of its senior managers to its Executive Committee. The appointments are made with immediate effect. David McArthur has been with the business for 18 months, having joined as Head of Investment. Prior to this he spent over 10 years’ working in the central […] Posted by: Mya Driver Read more
Riverstone acquires 2.5-acre London retirement living site Apr 5, 2022 Riverstone, a provider of exceptional London living for over 65s, has announced the acquisition of its third residence on The Bishops Avenue by Hampstead Heath. Riverstone has acquired a 2.5 acre-site on The Bishops Avenue with the ambition of setting new standards for sustainability and the creation of social value in the integrated retirement community […] Posted by: Mya Driver Read more
Pocket Living to further accelerate housing delivery with £19.3m funding deal secured from Pluto Finance Apr 5, 2022 Affordable housing developer Pocket Living has secured a £19.3 million debt facility with Pluto Finance, a leading provider of finance for property developers and investors, against its recently completed Addiscombe Grove asset in Croydon. This represents Pocket’s second funding partnership with Pluto Finance, which is a 12-month facility structured by LEXI Finance. This deal will […] Posted by: Mya Driver Read more
Manhattan acquires 5 Fleet Place in London for £190m Apr 4, 2022 Hong Kong-based Manhattan Garments Group has completed the acquisition of 5 Fleet Place, London, EC4 from Poly Global. The value of the transaction is circa £191,000,000, which reflects a net initial yield of around 4%. Manhattan acquired 100% of the shares in the Jersey Company that owns the asset. A part of the Fleet Place […] Posted by: Mya Driver Read more
Weston Homes granted planning for £19m Brentwood scheme Apr 4, 2022 Weston Homes have been granted planning approval by Brentwood Borough Council for their new £19 million (GDV) 0.51-acre development providing 60 mixed tenure apartments, located off Brentwood High Street on Western Road. Construction is set to begin in October 2022, with the sales launch planned for Spring 2023 and build completion anticipated in Summer 2024. The new development will […] Posted by: Mya Driver Read more
Amazon Property launches £250m real estate fund covering multiple sectors Apr 4, 2022 Amazon Property, the leading London investor-developer run by CEO Charles Gourgey and COO Chris Lanitis, has committed, via Amazon Capital (the group’s private equity division), a £250 million real estate fund to invest in joint venture opportunities in the logistics, managed office solution, PBSA, Life Sciences and retirement sectors. Amazon Property built its strong brand […] Posted by: Mya Driver Read more
