Planning Approval Granted for New 52-Storey Residential Tower on the Isle of Dogs Oct 15, 2024 A major milestone in the development of London’s Isle of Dogs has been achieved with the recent planning approval for One East Point, a 52-storey residential tower. This project will soon rise above the Millwall Inner Dock, adding to the growing skyline of high-rise buildings in the area. Standing at approximately 170 meters tall, One […] Posted by: Deividas Krupstas Read more
SEGRO sells Park Royal asset for £115 million Oct 15, 2024 SEGRO plc announces the sale of SEGRO Park Victoria Road in Park Royal, West London to the Imperial College London for a base consideration of £115 million, a premium to book value. The 10-acre urban warehouse estate has been owned by SEGRO since the acquisition of Brixton plc in 2009. SEGRO has actively managed the […] Posted by: Deividas Krupstas Read more
Oxygen Asset Management Acquires London Office Building Oct 11, 2024 Oxygen Asset Management has successfully acquired 11 Leadenhall Street, a freehold office building located in the heart of the City of London. Spanning 15,117 square feet, this property marks a significant milestone as the firm’s first acquisition within its London value-add office strategy. Founded in 2004, Oxygen Asset Management is known for its expertise in […] Posted by: Deividas Krupstas Read more
Green light given for 487 co-living homes in Abbey Wood Oct 10, 2024 Abbey Wood Property Developer has successfully obtained planning approval for a landmark co-living development located on Eynsham Drive, Abbey Wood, Greenwich. The project will deliver 487 co-living homes, a range of modern amenities, and enhancements to the local community infrastructure. The approved scheme includes: The development, comprising multiple blocks ranging from 3 to 17 storeys, […] Posted by: Deividas Krupstas Read more
Valor and QuadReal Expand London Logistics Portfolio with £60M Acquisitions in Barking and Enfield Oct 10, 2024 Valor Real Estate Partners (“Valor”), Europe’s fastest growing last mile real estate specialist, has acquired, on behalf of its joint venture with QuadReal Property Group (“QuadReal”), a global real estate investment, operating and development company, two prime last mile logistics sites in Barking and Enfield, London, with a total GDV of £60 million. Both properties […] Posted by: Deividas Krupstas Read more
GPE Reports Sustained Leasing Activity and Significant Developments Across Key London Assets Oct 10, 2024 Toby Courtauld, Chief Executive, said: “We are pleased to have maintained our leasing momentum, delivering a strong quarter with £6.1 million of new lettings, bringing the total for the financial year to date to £10.5 million, 7.0% ahead of the valuer’s ERV, with our Fully Managed spaces outperforming once more. With £8.8 million of lettings […] Posted by: Deividas Krupstas Read more
PATRIZIA secures strategic repositioning mandate for iconic Pinners Hall in the City of London Oct 7, 2024 PATRIZIA has been appointed by Far East Organization – Singapore’s largest private property developer – to partner and spearhead the repositioning of an iconic office building in the City of London. PATRIZIA, a leading partner for global real assets, has been appointed by Far East Organization – Singapore’s largest private property developer – to partner […] Posted by: Deividas Krupstas Read more
Fairway Capital granted planning permission for £50m residential and office scheme Oct 7, 2024 Leading fund manager Fairway Capital has been granted planning permission by the City of Westminster for a landmark £50 million (GDV) residential-led scheme in Eaton Mews West in Belgravia providing 426 sq.m. (4,585 sq.ft.) of new office space and the first complete terrace of new mews houses to be built in Belgravia since the 1950s, […] Posted by: Deividas Krupstas Read more
Whitbread gets the go-ahead to build one of London’s largest hotels metres from Nelson’s Column Oct 3, 2024 Whitbread PLC, the UK’s largest hotel business and owner of Premier Inn, has secured planning permission from Westminster City Council (WCC) to develop a hotel at 5 Strand in the heart of central London. The 693-bedroom hotel, which will be one of London’s largest budget hotels when it opens, will be operated under the popular […] Posted by: Deividas Krupstas Read more
Barking Riverside is growing to 20,000 homes, supporting the Government’s ambitions for thousands of vitally needed homes Oct 2, 2024 BRL has submitted a new Outline Planning Application that could see up to 20,000 new homes delivered at Barking Riverside – potentially creating a community of up to 50,000 people. The new Outline Planning Application supports recent Government promises to instigate the largest housebuilding programme since the post war period, delivering a new generation of […] Posted by: Deividas Krupstas Read more
