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
Meadow Partners and Citivale secure industrial asset in London Oct 23, 2024 Meadow Partners and Citivale Group Holdings have purchased Zodiac Park in West Drayton in Greater London. The purchase price from DTZ Investors hasn’t been disclosed. The asset covers over 120,000sq ft and was built back in 2001. There are currently eight units on the site with almost 100% occupancy. Citivale’s CEO, James Appleton-Metcalfe, said: “We […] Posted by: Mya Driver Read more
Greystar secured £68.5m debt facility from Societe Generale for London scheme Oct 23, 2024 Greystar, a global leader in the investment, development and management of real estate, including rental housing, logistics, and life sciences, today announces the close of a £68.5 million debt facility, arranged by Societe Generale. The brownfield site will be regenerated for Greystar’s Stratford Mill project to provide 247 apartments. 42 of these will be affordable […] Posted by: Deividas Krupstas Read more
Sutton Council confirms Genr8 Kajima Regeneration as town centre development partner Oct 22, 2024 Sutton Council has announced its preferred development partner for the next exciting phase of its town centre regeneration. The plans for the St Nicholas Shopping Centre, Civic Offices, Gibson Road car park and Secombe Theatre sites will see a brand new Civic Hub open in the heart of the town centre. The Hub will offer […] Posted by: Deividas Krupstas Read more
Newcore secures £80m HSBC refinancing deal Oct 22, 2024 Newcore has secured a £40m debt facility from HSBC, comprising of £20m senior loan and £20m revolving credit, in addition to a further £40m accordion facility. The funding will help Newcore with their fifth value-add fund titled Newcore Special Situations V which closed min May with circa £190m in equity contributions. The fund is targeting […] Posted by: Deividas Krupstas Read more
Crosstree Real Estate Partners and Bloom Secure £29m Loan Oct 17, 2024 Crosstree Real Estate Partners and Bloom have secured a £29 million loan to fund the repositioning of the Fairview Business Centre, a multi-let industrial estate in Hayes, west London. This marks the first acquisition under their newly formed joint venture, which is focused on transforming industrial and logistics properties, with an emphasis on last-mile logistics. […] Posted by: Deividas Krupstas Read more
The Leonardo Hotel at London Heathrow Airport Goes on the Market for £30 Million Oct 17, 2024 The Leonardo Hotel at London Heathrow Airport, a premium four-star property, has been put up for sale with a guide price of £30 million. Located near one of the world’s busiest airports, this sale presents a prime investment opportunity in London’s dynamic hospitality sector. Refurbished in 2020, the hotel offers 230 en suite bedrooms, a […] Posted by: Deividas Krupstas Read more
