ING and Delancey partner in £135m refinancing of the Notting Hill Gate Estate Nov 5, 2024 Global wholesale bank, ING and Delancey Real Estate, have joined forces for the refinancing of the Notting Hill Gate Estate. ING and Delancey have jointly arranged the £135m refinancing of the Notting Hill Gate Estate, with ING providing the majority of the funding. Delancey, a leading UK-focused real estate investment, asset, and development manager, contributed […] Posted by: Deividas Krupstas Read more
Greycoat Acquires Landmark Office Building in London for £180 Million Nov 1, 2024 Greycoat, a leading full-service independent property partner, has successfully acquired the flagship office building at 90 High Holborn, WC1, from LabTech Investments Limited in a transaction valued at £180 million. This acquisition represents one of the most significant office investment deals in the UK for the year. Strategically situated in the heart of London’s Midtown, […] Posted by: Mya Driver Read more
Legal & General Investment Management Acquires Premium Office Space in London’s Soho Oct 31, 2024 Legal & General Investment Management (LGIM) is pleased to announce the acquisition of the office building at 30 Golden Square, Soho, London, for its open-ended UK Property Fund. Located in one of London’s most vibrant and highly sought-after districts, this premium property reinforces LGIM’s commitment to investing in high-quality commercial real estate within key urban […] Posted by: Mya Driver Read more
GPE acquires London office asset for £19m Oct 29, 2024 Great Portland Estates plc (GPE) has announced it has exchanged on the acquisition of 19/23 Wells Street, W1, for £19 million (£991 per sq ft), from British Land plc. Located in the heart of Fitzrovia, the 19,182 sq ft building comprises basement, ground and five upper floors. GPE intends to convert the space to its […] Posted by: Mya Driver Read more
DigitalBridge to acquire data centre business Yondr Oct 29, 2024 DigitalBridge is set to acquire data centre developer and operator Yondr. Jon Mauck, senior managing director at DigitalBridge, said: ”Yondr’s assets and strong relationships with leading hyperscale clients align with DigitalBridge’s vision to support the future of digital infrastructure. ”Yondr enhances our existing data centre portfolio and strengthens our ability to support hyperscalers. Together, we are […] Posted by: Deividas Krupstas Read more
Premcor submits plans for 445-home Croydon project Oct 29, 2024 Premcor has submitted plans to develop 445 new homes in Croydon alongside numerous commercial and community spaces. 156 of those homes will be ‘affordable’ in addition to 1,772 sq m of commercial and community space on the ground floor of the project. The project covers 4-buildings the tallest of which being 29 storeys. The others […] Posted by: Deividas Krupstas Read more
Whitbread completes the sale and leaseback of two operational hotels Oct 29, 2024 Whitbread PLC, the UK’s largest hospitality business and owner of Premier Inn, has successfully completed the sale-and-leaseback of two trading Premier Inn hotels. The two hotels achieved a net initial yield of 4.25% across the two properties and returned £56 million for the business. A 30-year term with five yearly CPI reviews (0-4%) was offered […] Posted by: Deividas Krupstas Read more
Landmark new neighbourhood for East London Oct 28, 2024 A joint venture between award-winning housebuilder The Hill Group and leading housing association Peabody is demonstrating the impact of community-focused placemaking in the London Borough of Barking and Dagenham. As current participants involved in leading UK real estate investment conference, UKREiiF (The UK’s Real Estate Investment & Infrastructure Forum), all organisations, The Hill Group, Peabody […] Posted by: Deividas Krupstas Read more
Castleforge Secures £115 Million Loan to Transform Office Building in London’s Square Mile Oct 25, 2024 Real estate investment firm Castleforge has secured a significant £115 million loan to support the redevelopment of 1 Golden Lane, an iconic Grade II listed office building in London’s Square Mile. This substantial financial backing will enable Castleforge to proceed with its ambitious vision for the property, reaffirming its commitment to redefining modern workplaces with […] Posted by: Deividas Krupstas Read more
Australian pension fund Aware Super forms £1bn real estate partnership with Delancey Oct 25, 2024 Aware Super has formed a strategic partnership with Delancey Real Estate, a leading UK investment, asset and development manager to establish a property platform in the UK, to invest up to an initial £1 billion in UK property. The platform has been established to invest into UK real estate by identifying sectors and assets, with […] Posted by: Deividas Krupstas Read more
