Canada Israel & Avanton submit planning for £250M resi-led development in Wembley Mar 14, 2022 Canada Israel and Avanton have submitted a planning application to the London Borough of Brent for the regeneration of the 2.5 acre (1.26 hectare) Wembley Point site on Harrow Road to create a residential-led development known as Stonebridge Place with a GDV value of up to £250 million providing 515 new homes of mixed tenure, […] Posted by: Mya Driver Read more
Central London resi market hits 5-year high Mar 10, 2022 Planning applications and permissions for Prime Central London (PCL) residential property in 2021 reached the highest level since 2016, according to new research from Global real estate advisor, CBRE. A total of 1,675 applications and permissions were submitted for PCL in 2021. This represents an increase of 140% when compared with 2020 which saw 698 […] Posted by: Mya Driver Read more
AustralianSuper forms 50:50 JV on London’s newest town – Canada Water Mar 8, 2022 Real estate investment trust British Land has sold a 50% stake in its Canada Water Masterplan to AustralianSuper for £290.0m, turning the project into a 50:50 joint venture as part of an effort to accelerate the delivery of the 53-acre development. British Land said on Tuesday that its “exciting new partnership” with Australian Super, an Australian profit-to-member […] Posted by: Mya Driver Read more
PSP Investments helps BentallGreenOak’s Welput secure £400m funding Mar 8, 2022 Welput, the specialist central London office fund managed by BentallGreenOak(BGO), has recapitalised its ownership of the landmark site, 105 Victoria Street, and secured a £400m development finance facility to fund the construction of the scheme, due to commence this year. Marking a return to Victoria, and demonstrating global confidence in London’s office market, the Public […] Posted by: Mya Driver Read more
Aviva and Allianz team up for £500m London project Feb 28, 2022 Aviva Investors, the global asset management business of Aviva plc, announces it has formed a joint venture partnership with Allianz, managed on its behalf by Allianz Real Estate as part of its ongoing development project of new mixed-use retail and office buildings at 1 Liverpool Street and 101 Moorgate in the City of London. The […] Posted by: Mya Driver Read more
Virgin Media O2 commits to £10bn investment into digital infrastructure Feb 15, 2022 Virgin Media O2 has revealed that its 5G network has now hit two thirds of the capital, giving London the largest 5G footprint within the group. The telecoms giant has committed to investing at least £10bn in the UK, and has delivered 5G to more than 2,000 sites across the country last year. It has […] Posted by: Mya Driver Read more
Landsec submits plans for the O2 Masterplan site to Camden council Feb 8, 2022 Landsec has submitted a major planning application for the O2 Centre Masterplan Site as it looks to grow its mixed-use urban neighbourhood portfolio. The proposal, which was submitted to the London Borough of Camden, will see the site transform into a landscape led development that will connect the communities of Finchley Road and West End […] Posted by: Mya Driver Read more
Greystar acquires the Crown Trading Estate in Hayes for £26.5m Feb 8, 2022 Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing, has acquired the Crown Trading Estate in Hayes, west London for £26.5 million in an off-market transaction for a managed fund. Greystar plans to develop 407 purpose-designed apartments (318 build to rent and 89 affordable) for […] Posted by: Mya Driver Read more
Grainger and TfL partnership get green light for residential led scheme Feb 7, 2022 Connected Living London (CLL) – the formal partnership between Grainger plc and Transport for London (TfL) – has been given the green light by Enfield Council to bring forward its new development by Cockfosters London Underground station, subject to conditions. The 1.36 hectare development will deliver 351 new rental homes, including 40 per cent affordable […] Posted by: Mya Driver Read more
Rockwell and Cerberus JV acquire London waterfront side Feb 7, 2022 Royal London Asset Management (RLAM), on behalf of the Royal London UK Real Estate Fund (RLUKREF), have sold Hurlingham Retail Park to a joint venture between Rockwell and Cerberus. The acquisition was completed today (7 February 2022) byRockwell, a leading London-based property developer, in partnership with Cerberus Capital Management, L.P. (“Cerberus”), a global leader in […] Posted by: Mya Driver Read more
