Building a More Inclusive and Sustainable London: Empowering Communities Through Design and Opportunity Mar 14, 2025 By Lucy Atlee, Senior Quality and Design Manager, Places for London For us at Places for London embedding social value at every level is vital in helping us create a more prosperous, sustainable, and inclusive London. Enabling local people to take their first steps in the construction industry or move into the next chapter of their […] Posted by: Mya Driver Read more
Whitbread acquires freehold of 35 Red Lion Square in Central London Feb 4, 2025 Whitbread Plc, the parent company of Premier Inn, the UK’s largest hotel brand, has acquired the freehold of 35 Red Lion Square, WC1 for conversion into a hub by Premier Inn hotel. The prime property, which is in a prominent location on the junction of Theobalds Road, Drake Street and Red Lion Square, was purchased […] Posted by: Deividas Krupstas Read more
Berkeley Group breaks ground on Trillium regeneration scheme in Westminster Feb 3, 2025 Berkeley Group has broken ground on Trillium, a landmark regeneration project set to deliver 556 new homes in Westminster. The former Paddington Green Police Station site at Edgware Road will include 39% affordable homes onsite once complete and an additional 11% provided at the Mayor of London’s strategic site in Barnet – achieving a total […] Posted by: Deividas Krupstas Read more
Broadgate REIT announces joint venture with Modon to deliver development in London Jan 24, 2025 Broadgate REIT, owned equally by British Land and GIC, announces the formation of a new Joint Venture (‘JV’) with Abu Dhabi based holding company, Modon Holding (‘Modon’), to deliver 2 Finsbury Avenue, a 750,000 sq ft world-class development at Broadgate. British Land and GIC will each retain 25% ownership in 2 Finsbury Avenue through their […] Posted by: Deividas Krupstas Read more
Starboard Hotels Refinances Hampton by Hilton London Park Royal with £20 Million Loan from Leumi UK Jan 23, 2025 Starboard Hotels has successfully completed the refinancing of its Hampton by Hilton London Park Royal property, securing a £20 million loan from Leumi UK. This strategic refinancing will bolster the operations of the 162-room hotel, enabling it to continue offering high-quality hospitality and modern amenities to guests. The Hampton by Hilton London Park Royal boasts […] Posted by: Deividas Krupstas Read more
Norges Bank Investment Management acquires 25% interest Grosvenor’s portfolio Jan 22, 2025 Norges Bank Investment Management has acquired a 25 percent interest in a mixed-use property portfolio located in Mayfair, in a new joint venture with Grosvenor. The agreement was signed on 21 January 2025, and the transaction was completed the same day. Norges Bank Investment Management paid 305.7 million pounds for its 25 percent ownership interest, […] Posted by: Deividas Krupstas Read more
Octopus Real Estate funds acquisition of Hackney Wick site for 337-unit co-living development Jan 22, 2025 Octopus Real Estate, part of Octopus Investments and a leading UK specialist real estate lender and investor, has provided a loan to Mitheridge Captial Management for their prime development site on Wallis Road, Hackney Wick, London. The site has detailed planning consent for the creation of a 337-unit co-living scheme, with Halcyon Development Partners acting […] Posted by: Deividas Krupstas Read more
Apollo Secures £100m Loan from LaSalle to Refinance Pavilion Court in Wembley Jan 21, 2025 Apollo Global Management has secured a £100m (€118.2m) loan from LaSalle Investment Management to refinance Pavilion Court, a 699-bed purpose-built student accommodation (PBSA) asset located in Wembley, London. The financing was provided through LaSalle’s fourth European real estate debt fund, LaSalle Real Estate Debt Strategies IV (LREDS IV). Pavilion Court, part of the Wembley Park […] Posted by: Mya Driver Read more
Tritax Big Box acquires Heathrow site for Data Centre Jan 21, 2025 Tritax Big Box REIT plc has purchased a 74-acre site at Heathrow, London within the Slough Availability Zone, a key FLAP-D prime EMEA data centre location. Simultaneously, the Company has acquired a 50% share in a joint venture with a leading European renewable and low carbon energy power generator. The JV enables accelerated power delivery […] Posted by: Mya Driver Read more
Valor’s London development pipeline passes £400 million of GDV with acquisition of prime site in Enfield Jan 21, 2025 Valor Real Estate Partners, Europe’s fastest-growing last-mile real estate specialist, has acquired a 3.3-acre site in Enfield, with a GDV of £56 million, from a private seller. It expands Valor’s London development pipeline to over £400 million of GDV, totalling c. 1 million sq ft, cementing its position as one of the largest developers of […] Posted by: Mya Driver Read more