ActivumSG announces first UK hospitality acquisition Nov 6, 2024 Leading Pan-European real estate private equity investment manager ActivumSG, on behalf of ActivumSG Fund VII, working with Global Hospitality Investment Group, today announced the acquisition of Sutton Point, a hotel-led mixed-use asset in Greater London, for £21 million. The transaction underscores ActivumSG’s belief that, despite stabilizing interest rates and easing inflation, there remain substantial opportunities […] Posted by: Deividas Krupstas Read more
Landsec plan for Lewisham shopping centre transformation Nov 5, 2024 Landsec’s regeneration arm, LandsecU+I, has submitted a hybrid planning application to reimagine a 1970s shopping centre into a new town centre district for Lewisham. If consented, the 17-acre masterplan will deliver 1,700 new homes alongside 445 co-living residences and up to 660 student beds, progressing Landsec’s pipeline of residential-led opportunities in the capital. The new […] Posted by: Deividas Krupstas Read more
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
Helical completes sale of its 50% interest in the JJ Mack building Nov 1, 2024 Helical plc has completed the sale of its 50% interest in Charterhouse Place Limited, the owner of The JJ Mack Building, London, EC1, to its joint venture partner, AshbyCapital, for £71.4m, with a minor dilution of 4p per share to the 31 March 2024 EPRA NTA. The transaction reflected a price of £139.2m for Helical’s 50% […] Posted by: Mya Driver 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
Dominus and Cheyne Capital Secure Planning Approval for Landmark Student Redevelopment in London Oct 30, 2024 Dominus and Cheyne Capital have announced that they have received planning approval for the redevelopment of 65 Fleet Street in London. This student accommodation-led, mixed-use project will transform the former office building, once occupied by the law firm Freshfields Bruckhaus Deringer, into a vibrant urban space that celebrates the historic character of Fleet Street while […] 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
