ASK lends £21.65m to BYM Capital Jan 12, 2022 Real estate funding specialist, ASK Partners – a UKREiiF attendee – has provided a £21.65 senior loan facility to UK-based investment and development firm, BYM Capital. BYM Capital, a commercial and residential investor and developer, acquired the shopping centre, known as ‘The Spires’ in July 2021. ASK’s facility is being used to refinance a short-term […] Posted by: Mya Driver Read more
£365m Starwood Capital loan unlocks redevelopment of London shopping centre Jan 10, 2022 Get Living, the UK’s leading build-to-rent operator of large-scale neighbourhoods, has secured a £365m development loan from controlled affiliates of Starwood Capital Group, which represents one of the UK’s biggest development loans in the past year, to fund the redevelopment of the former Elephant & Castle Shopping Centre. The loan facility with Starwood Capital, which […] Posted by: Mya Driver Read more
London hotel market recovery set to continue despite Omicron setbacks Dec 22, 2021 For the first time since the start of the pandemic, the performance of London’s hotels was more encouraging than regional hotels across the UK, according to research from Knight Frank, the leading independent global property consultancy. The recovery of the London hotel sector steadily continued throughout October with occupancy rising 2.6% to 48.2%. Knight Frank […] Posted by: Mya Driver Read more
Pocket Living submits plans in London for Build to Rent scheme Dec 21, 2021 Innovative housing developer Pocket Living has submitted a planning application to the Old Oak Common and Park Royal Development Corporation (OPDC) for a Build to Rent scheme. The site is at Atlas Wharf, on Atlas Road, NW10, adjacent to the Grand Union Canal. Whilst within the London Borough of Ealing, the site falls under the […] Posted by: Mya Driver Read more
Lendlease and CPP Investments JV to bring forward International Quarter London project Dec 21, 2021 International real estate group, Lendlease, and Canada Pension Plan Investment Board (CPP Investments) have expressed a vote of confidence in the London office market through the establishment of a new 50:50 joint venture partnership dedicated to the development of a new office-led neighbourhood at International Quarter London (IQL). This partnership further builds upon Lendlease and CPP Investments’ […] Posted by: Mya Driver Read more
City of London Corporation sees almost 70% increase in office development in 2021 Dec 21, 2021 The City of London Corporation has revealed figures showing a year-on-year increase in office floorspace approved within new Square Mile developments. In 2021, its Planning and Transportation Committee resolved to approve a total of 4,360,944 sq.ft* of new office floorspace. This compares with 2,582,348 sq.ft in 2020 – an increase of almost 70% year on year. […] Posted by: Mya Driver Read more
Helical acquires London office building in £160m deal Dec 17, 2021 Helical plc, a leading UK real estate company specialising in the redevelopment and refurbishment of highly sustainable, best-in-class London office buildings has exchanged contracts to acquire from the vendor, 100 New Bridge Street Limited, the Guernsey incorporated single asset company, FPM 100 New Bridge Street Limited, that owns 100 New Bridge Street, London EC4, a […] Posted by: Mya Driver Read more
SEGRO continues London growth with three key acquisitions Dec 17, 2021 SEGRO has completed the acquisition of key assets in strategic locations in north and south London, evidencing increasing momentum of the execution of its growth strategy in Greater London. The two north London assets, which are located in Walthamstow and Waltham Cross, have been acquired from a private seller for an undisclosed price. The south […] Posted by: Mya Driver Read more
City of London Corporation approves new offices on Holborn Viaduct Dec 14, 2021 The City of London Corporation has resolved to approve an architecturally designed office-led development which sits across two levels, on Holborn Viaduct and Farringdon Street. The Planning and Transportation Committee backed the plans for the scheme which will stand 10 floors tall on Holborn Viaduct and 12 floors on Farringdon Street. The site is located […] Posted by: Mya Driver Read more
Pocket Living bring forward 100% affordable housing scheme in Barnet Dec 14, 2021 Innovative affordable housing developer Pocket Living has signed a build contract with HG Construction to deliver a scheme for 86 one-bedroom homes for first-time buyers at Woodside Park in Barnet, London, having completed an agreement with Transport for London for the site. The deal is the culmination of several years of planning and managing technical […] Posted by: Mya Driver Read more
