Wimbledon’s £200 Million Expansion Receives Green Light from Greater London Authority Sep 30, 2024 The All England Lawn Tennis Club’s ambitious £200 million expansion project has officially been approved by the Greater London Authority (GLA), clearing the way for the world-renowned Wimbledon Championships to significantly grow its facilities. The expansion will see the construction of 39 new tennis courts and an 8,000-seat show court on the site of the […] Posted by: Deividas Krupstas Read more
Firethorn Trust receives green light on plans for landmark London conversion Sep 23, 2024 UK real estate investor, developer and asset manager, Firethorn Trust, has secured planning permission to convert One Bessborough Gardens into residential accommodation. Situated in the City of Westminster, the four-storey site, which overlooks Bessborough Gardens and the River Thames, is a former office building spanning 70,000 sq ft. Firethorn acquired the asset in June 2024, […] Posted by: Deividas Krupstas Read more
GPE prices new £250m 7-year Sustainable Bond Sep 19, 2024 Great Portland Estates plc (‘GPE’) announces the pricing of its first sterling denominated senior unsecured sustainable bond (the ‘Bond’). The £250m Bond will have a term of 7 years, will bear interest at a rate of 5.375% and is expected on issue to be rated Baa2 by Moody’s Investor Services Ltd. The Bond was over […] Posted by: Deividas Krupstas Read more
Metro Bank completes £16m refinancing deal with Criterion Capital for Zedwell Hotel expansion Sep 18, 2024 Metro Bank has finalised a £16mn, five-year funding package with Criterion Capital to refinance Zedwell Greenwich, which opened in October 2023. This investment is central to Criterion Capital’s ambitious expansion strategy of transforming obsolete buildings into lifestyle hotels. With 13 more Zedwell hotels planned by 2027 across the UK, the brand is set to have […] Posted by: Deividas Krupstas Read more
Eatos Group acquire £16.5 million Central London asset Sep 18, 2024 Eatos Group has acquired mixed-use property in Central London for £16.5 million. The property, located on Great Sutton Street in Clerkenwell, consists of a retail showroom and 27 residential apartments situated above it. The 27 apartments feature a mix of living spaces, including 2 studios, 4 one-bed, 15 two-bed, and 5 three-beds, across two buildings. […] Posted by: Deividas Krupstas Read more
Plans submitted for £10bn West London neighbourhood Sep 17, 2024 The Earls Court Development Company has submitted proposals for a 7.5 million sq ft masterplan to transform a development site in central London. The site where the Earls Court Exhibition Centres once stood will be redeveloped into a 106 billion West London neighbourhood, featuring 4,000 homes. The homes will be surrounded by 20 acres of […] Posted by: Deividas Krupstas Read more
M&G sees “high-end” recovery in London’s West End as it strikes deal on prime retail assets Sep 12, 2024 M&G announces that it has extended a sizeable commercial real estate loan secured against a multi-million pound portfolio of super-prime central London retail assets in Mayfair including the Gucci store at 144/146 New Bond Street and a significant portion of retail and residential assets on St Johns Wood High Street. It reflects the rebound in […] Posted by: Deividas Krupstas Read more
BC Partners Real Estate and Simten London mixed-use scheme takes step forward Sep 11, 2024 The High Court has dismissed the Judicial Review (JR) brought against Camden Council’s decision to grant planning permission for the redevelopment of One Museum Street in central London for the second time. The ruling, delivered by the Honourable Mrs Justice Lang DBE and confirming a previous High Court judgement handed down in July, reaffirms that […] Posted by: Deividas Krupstas Read more
City of London approval secured for 174-unit Co-Living scheme Sep 11, 2024 The City of London Corporation’s Planning Applications Sub-Committee has, today, approved a new ‘Co-Living’ development at 45 Beech Street. Also known as Murray House, the proposals will see the building partially demolished and then extended to deliver 174 private rental co-living units, with a range of internal and external amenity spaces, including communal cooking, dining […] Posted by: Deividas Krupstas Read more
350 Home Cockfosters Tube Station Housing Development Approved by Government Sep 3, 2024 The government has granted approval for a new housing development at Cockfosters Tube station in north London, paving the way for the construction of 350 new homes. The development, which will consist of four residential blocks, will be built on the site of the station’s former car park. Transport for London (TfL) had initially sought […] Posted by: Mya Driver Read more
