Surge in London Office Retrofits as City Planners Approve Major Projects Aug 2, 2024 The wave of office retrofits in London’s Square Mile continues to grow, with City planners recently approving two significant projects. This brings the total number of approved office upgrades in July to four, reflecting a strong demand for modern, energy-efficient workspaces. Among the newly approved projects is the £250 million renovation of Winchester House at […] Posted by: David Gilbank Read more
Leumi UK Facilitates £11m Loans for 4C Group’s London Hotel and Camden Development Jul 31, 2024 Leumi UK has approved two loans totalling £11 million to support the investments of hotel investor and operator 4C Group. The financing will aid the group’s projects in the City of London and Camden, demonstrating Leumi’s ongoing partnership with the firm. The first loan adds £5 million to 4C Group’s existing £75 million term facility, […] Posted by: Mya Driver Read more
New £100m Stacked Industrial Development Planned for Colindale, NW9 Jul 31, 2024 Property developer NEAT Developments, in collaboration with Royal London Mutual Insurance Society Limited, has submitted a planning application to Brent Council for a new stacked industrial development at Capitol Way, Colindale, NW9. This innovative project reflects a growing trend in construction investment events in London, focusing on efficient land use in urban areas. The proposed […] Posted by: Mya Driver Read more
Approval Granted for Sustainable Student Housing and Community Space in Stratford Jul 30, 2024 Unibail-Rodamco-Westfield (URW) has received planning consent for a new development comprising 520 high-quality student beds atop the Westfield Stratford City car park. This initiative, part of URW’s long-term commitment to the regeneration of Stratford, aims to provide sustainable living spaces and community facilities. The development was approved unanimously by the planning committee on 23rd July […] Posted by: Mya Driver Read more
Watkin Jones and Housing Growth Partnership Announce £120 Million Student Accommodation Development in Stratford Jul 29, 2024 Watkin Jones, a leading developer in the student accommodation sector, has announced a significant joint venture with Housing Growth Partnership (HGP), an equity investor backed by Lloyds Banking Group. The partnership aims to develop a state-of-the-art, 397-bed purpose-built student accommodation (PBSA) in Stratford, East London. The project boasts a gross development value of approximately £120 […] Posted by: Mya Driver Read more
Plans Submitted for New Co-Living Development in Haringey Jul 29, 2024 Plans have been officially submitted to Haringey Council for the transformation of an industrial building located at 25-27 Clarendon Road, London, into a modern co-living development. The proposed project aims to repurpose the site into a nine-storey building that will house 222 co-living clusters and corner studios. The co-living units are designed to cater to […] Posted by: Mya Driver Read more
Workspace sells residential development for £13m Jul 29, 2024 Workspace Group PLC (‘Workspace’), London’s leading provider of sustainable, flexible workspace, has announced the successful sale of The Planets, a significant residential redevelopment site in Woking, for a total of £13.0 million. The Planets, part of the McKay portfolio acquired by Workspace in May 2022, had received planning consent in November 2022 for the development […] Posted by: Mya Driver Read more
John Lewis Receives Approval for New Housing Development in Bromley Jul 26, 2024 John Lewis has received approval for its inaugural housing project, gaining permission to construct 350 flats above a Waitrose store in Bromley, South London. The Bromley council approved the proposal on Thursday evening. The plan involves retaining the existing Waitrose supermarket at ground level and building three residential blocks of 10 to 24 floors, which […] Posted by: Mya Driver Read more
Planning granted for Grade A Office refurbishment in London Jul 25, 2024 Deka Immobilien has been granted planning permission for a significant renovation of 1 Old Jewry, a prime property located in the heart of the City of London. Savills and CBRE are handling the lettings. The refurbishment will include around 69,300 sq ft of Grade A office space spread across the first to ninth floors and […] Posted by: Mya Driver Read more
Unite Students Acquires Major Development Site in Central London Jul 24, 2024 Unite Students, the UK’s largest provider of student accommodation, has acquired a prime development site in Zone 1 London. The new property in Southwark will provide 444 beds and is set to be ready for the 2027/28 academic year. This acquisition is part of Unite Students’ strategic plan to support the growth of its university […] Posted by: Mya Driver Read more