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
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
