Fattal Hotels Secures £525m Loan for Refinancing Four London Properties Jul 22, 2024 Fattal Hotel Group has announced the securing of a £525 million senior loan from Cheyne Capital to support the refinancing of four London hotels. The deal also includes participation from Migdal Insurance Company. This move aims to bolster the group’s operations in the UK’s capital, enhancing the properties under the Leonardo Hotels brand. The hotels […] Posted by: David Gilbank Read more
ASK Partners Provides Loan for Major Mixed-Use Development in East London Jul 19, 2024 ASK Partners has provided a loan to HUB Residential and H.I.G. Capital for the acquisition of Finsgate House in East London. The joint venture aims to secure planning consent for a mixed-use development on the site, located near Old Street roundabout. The loan will facilitate the redevelopment of three interconnected office buildings into a residential-led […] Posted by: David Gilbank Read more
£400 Million Investment to Revitalise Bloomsbury Jul 18, 2024 The Bloomsbury London Partnership, a consortium of key stakeholders and landowners, has announced a £400 million investment aimed at transforming Bloomsbury into a major destination in the capital. Over the next five years, this collective effort will attract new occupiers, businesses, and visitors to the area. The partnership includes The Bedford Estates, Imperial London Hotels, […] Posted by: Mya Driver Read more
abrdn Acquires Apartments at Springfield Place in Tooting Jul 17, 2024 abrdn has announced the acquisition of 50 new-build apartments at Springfield Place in Tooting, southwest London, on behalf of the South Yorkshire Pensions Authority. The acquisition, facilitated by Newmark Company Gerald Eve, marks a strategic investment into the Private Rented Sector (PRS), aiming to deliver high-quality, energy-efficient rental homes. The apartments, developed by Barratt London, […] Posted by: Mya Driver Read more
ASK Partners Funds Redevelopment of City Road Site in London Jul 17, 2024 ASK Partners (ASK) has provided a loan to support the redevelopment of a mixed-use site on City Road, London. The project is a joint venture between property development company HUB Residential (HUB) and global investment firm H.I.G. Capital (H.I.G.). The funding will facilitate the acquisition of a freehold site comprising three interconnected office buildings near […] Posted by: Mya Driver Read more
Ballymore submits application for Edgware town centre redevelopment in partnership with Places for London Jul 15, 2024 Leading property developer Ballymore has submitted an outline planning application to redevelop Edgware’s Broadwalk Shopping Centre, the bus station and garage – in partnership with Places for London – Transport for London’s property company which owns some of the area’s land, including the bus station and garage. The ambitious and transformative masterplan, designed by Howells, […] Posted by: Mya Driver Read more
Triple B Strengthens UK Portfolio with Acquisition of Birchin Lane Property in London Jul 15, 2024 Triple B, an international investment group dedicated to fostering innovation, empowering entrepreneurs, and improving communities, is excited to announce its latest acquisition: the iconic 7 Birchin Lane property in the heart of London’s financial district. This strategic move not only broadens Triple B’s commercial real estate portfolio but also solidifies its growing presence in the […] Posted by: Mya Driver Read more
UKREiiF Triumphs at the Conference and Events Awards 2024 Jul 5, 2024 UKREiiF (The UK’s Real Estate Investment & Infrastructure Forum) has pulled off a remarkable achievement at the Conference and Events Awards 2024. In just three years, UKREiiF has become a cornerstone for the UK’s real estate, investment, and infrastructure sectors, and caps a phenomenal rise by winning the hotly contested “Best UK Conference won Best […] Posted by: David Gilbank Read more
ESR Europe Closes £153m Loan for London’s Corus Hyde Park Hotel Jul 5, 2024 ESR Europe, the European platform of ESR Group, has arranged a £152.5m commercial real estate loan secured against the in London. The loan provides funding to the MUI Group to refinance existing loans and finance a comprehensive refurbishment of the property. The hotel is located on the north side of Hyde Park, near Lancaster Gate, […] Posted by: David Gilbank Read more
Orchard Street’s Impact Fund acquires South East London last-mile industrial estate for c. £21 million Jul 1, 2024 – Asset to be transformed in line with stringent Impact Fund objectives, targeting an accelerated route to net zero carbon alongside location specific social needs– Orchard Street Investment Management has completed a further acquisition on behalf of its £400 million Impact Fund. The Orchard Street Social and Environmental Impact Partnership has acquired an ultra-urban, highly […] Posted by: David Gilbank Read more
