Valor and QuadReal Expand London Logistics Portfolio with £60M Acquisitions in Barking and Enfield Oct 10, 2024 Valor Real Estate Partners (“Valor”), Europe’s fastest growing last mile real estate specialist, has acquired, on behalf of its joint venture with QuadReal Property Group (“QuadReal”), a global real estate investment, operating and development company, two prime last mile logistics sites in Barking and Enfield, London, with a total GDV of £60 million. Both properties […] Posted by: Deividas Krupstas Read more
GPE Reports Sustained Leasing Activity and Significant Developments Across Key London Assets Oct 10, 2024 Toby Courtauld, Chief Executive, said: “We are pleased to have maintained our leasing momentum, delivering a strong quarter with £6.1 million of new lettings, bringing the total for the financial year to date to £10.5 million, 7.0% ahead of the valuer’s ERV, with our Fully Managed spaces outperforming once more. With £8.8 million of lettings […] Posted by: Deividas Krupstas Read more
PATRIZIA secures strategic repositioning mandate for iconic Pinners Hall in the City of London Oct 7, 2024 PATRIZIA has been appointed by Far East Organization – Singapore’s largest private property developer – to partner and spearhead the repositioning of an iconic office building in the City of London. PATRIZIA, a leading partner for global real assets, has been appointed by Far East Organization – Singapore’s largest private property developer – to partner […] Posted by: Deividas Krupstas Read more
Fairway Capital granted planning permission for £50m residential and office scheme Oct 7, 2024 Leading fund manager Fairway Capital has been granted planning permission by the City of Westminster for a landmark £50 million (GDV) residential-led scheme in Eaton Mews West in Belgravia providing 426 sq.m. (4,585 sq.ft.) of new office space and the first complete terrace of new mews houses to be built in Belgravia since the 1950s, […] Posted by: Deividas Krupstas Read more
M&G provides £200 million debt financing to resilient UK logistics and retail warehousing sectors Oct 3, 2024 M&G’s Real Estate Finance team (M&G) announces £200 million of prime refinancing deals in the retail warehousing and logistics sectors, capitalising on resilient tenant and investor demand against a backdrop of constrained supply in core markets. M&G is providing a £50 million construction loan (72.5% LTV) to PineBridge Benson Elliot for the ongoing development of […] Posted by: Deividas Krupstas Read more
Whitbread gets the go-ahead to build one of London’s largest hotels metres from Nelson’s Column Oct 3, 2024 Whitbread PLC, the UK’s largest hotel business and owner of Premier Inn, has secured planning permission from Westminster City Council (WCC) to develop a hotel at 5 Strand in the heart of central London. The 693-bedroom hotel, which will be one of London’s largest budget hotels when it opens, will be operated under the popular […] Posted by: Deividas Krupstas Read more
Barking Riverside is growing to 20,000 homes, supporting the Government’s ambitions for thousands of vitally needed homes Oct 2, 2024 BRL has submitted a new Outline Planning Application that could see up to 20,000 new homes delivered at Barking Riverside – potentially creating a community of up to 50,000 people. The new Outline Planning Application supports recent Government promises to instigate the largest housebuilding programme since the post war period, delivering a new generation of […] Posted by: Deividas Krupstas Read more
Wimbledon’s £200 Million Expansion Receives Green Light from Greater London Authority Sep 30, 2024 The All England Lawn Tennis Club’s ambitious £200 million expansion project has officially been approved by the Greater London Authority (GLA), clearing the way for the world-renowned Wimbledon Championships to significantly grow its facilities. The expansion will see the construction of 39 new tennis courts and an 8,000-seat show court on the site of the […] Posted by: Deividas Krupstas Read more
Firethorn Trust receives green light on plans for landmark London conversion Sep 23, 2024 UK real estate investor, developer and asset manager, Firethorn Trust, has secured planning permission to convert One Bessborough Gardens into residential accommodation. Situated in the City of Westminster, the four-storey site, which overlooks Bessborough Gardens and the River Thames, is a former office building spanning 70,000 sq ft. Firethorn acquired the asset in June 2024, […] Posted by: Deividas Krupstas Read more
GPE prices new £250m 7-year Sustainable Bond Sep 19, 2024 Great Portland Estates plc (‘GPE’) announces the pricing of its first sterling denominated senior unsecured sustainable bond (the ‘Bond’). The £250m Bond will have a term of 7 years, will bear interest at a rate of 5.375% and is expected on issue to be rated Baa2 by Moody’s Investor Services Ltd. The Bond was over […] Posted by: Deividas Krupstas Read more
