CPC Project Services Ltd Transitions to Employee Ownership Apr 23, 2024 CPC Project Services LLP, a prominent quantity surveyor and construction project management firm, has completed its transition to an employee ownership trust, now operating as CPC Project Services Ltd. The company, established in London in 2011, reported a turnover of £29m for the year ending 31 July 2022, with a pre-tax profit of £5m. Under […] Posted by: Mya Driver Read more
Marstead Living Acquires Mill Hill Site for £260M Retirement Village Development Apr 22, 2024 Marstead Living, a developer specialising in integrated retirement communities, has successfully obtained mortgage finance from Federated Hermes Private Credit. This funding, facilitated by Deloitte’s advisory services, has enabled the purchase of an 18-acre site in Mill Hill, located in the Borough of Barnet, London. The project, named Marstead Mill, is set to be a pioneering […] Posted by: Mya Driver Read more
ASK Partners Funds £18.2m Loan for Chiswick Tower Revamp Apr 19, 2024 ASK Partners, a specialist property lender, has provided an £18.2 million senior loan facility to facilitate the acquisition of Chiswick Tower by a private client investor. The loan, structured for a 24-month term, aims to support the redevelopment of this West London office block into a modern co-living space. Located in the affluent Chiswick area, […] Posted by: Mya Driver Read more
CapitalRise Secures £6.5 Million Loan for Mayfair Luxury Dwelling Development Apr 18, 2024 CapitalRise, a property finance lender, has confirmed a £6.5 million development loan for the refurbishment of a Mews House in Mayfair, one of London’s most sought-after districts. This financial support will enable the transformation of the terraced house into a luxurious three-bedroom home. The property, which spans five floors, is set to undergo significant enhancements. […] Posted by: Mya Driver Read more
City Corporation resolves to grant permission for London Wall West development proposals Apr 17, 2024 The City of London Corporation Planning Applications-Sub Committee has, today, resolved to grant permission for the redevelopment of the 140 and 150 London Wall sites, known as Bastion House and the former Museum of London. With employment in the City projected to rise significantly in the coming years, the scheme will deliver around 56,000 sqm […] Posted by: Mya Driver Read more
BAM Expands Co-living Portfolio with Acquisition of ProCo-Living Apr 12, 2024 Built Asset Management (BAM), a specialist in the co-living sector, has enhanced its market presence by acquiring ProCo-Living, marking its fourth competitor purchase in less than three years. This move is part of BAM’s strategy to strengthen its hold across London’s co-living scene, where it already manages over 1,500 rooms. ProCo-Living, known for its high-end […] Posted by: Mya Driver Read more
City of London Corporation approves Hill House office scheme with upgrades for Shoe Lane Library Apr 10, 2024 The City of London Corporation Planning Applications Sub-Committee has, today, approved a striking new office scheme at 1 Little New Street which will feature a wide range of public benefits, including upgrades for Shoe Lane Library and a new restaurant on the top floor. Delivering over 57,000 sqm of best in class, Grade A office […] Posted by: Mya Driver Read more
Retail is back as rents settle: Maya Capital closes Fulham Road retail investment Apr 10, 2024 Maya Capital LLP, a pan European investment firm, announces that it has completed the purchase of 24,228 sq ft of retail and showroom accommodation in London, on 137-167 Fulham Road Fulham Road is located in the Royal Borough of Kensington and Chelsea, and is considered one of the wealthiest areas in the world hosting a […] Posted by: Mya Driver Read more
Landsec secures planning permission for latest net zero development in the City of London at New Street Square, EC4 Apr 9, 2024 The City of London Corporation has approved plans from Landsec to transform Hill House, EC4 into a sustainable workspace and new rooftop restaurant. The news follows planning approval being granted at the end of 2023 for the redevelopment of 55 Old Broad Street, EC2. Combined, the developments will deliver over 660,000 sq ft of best-in-class […] Posted by: Mya Driver Read more
SEGRO grows food and drink customer base in west London Apr 3, 2024 SEGRO has secured two new leases with food and drink companies in west London as it continues to meet strong demand from the sector for well-located and modern space within proximity of the wider London market. Kolak Snack Foods – part of Europe Snacks UK and a manufacturer of snacking products such as potato crisps […] Posted by: Mya Driver Read more
