LDS and Sancus Facilitate £18.4 Million Housing Development in East London Feb 23, 2024 Rickesh Patel, Director of Real Estate Finance at Mantra Commercial, played a pivotal role in brokering this deal. He praised the LDS team for their adept handling of the complexities involved, highlighting the unique value of LDS’s offering in a market hungry for leverage opportunities that also manage lenders’ risk effectively. LDS and Sancus have […] Posted by: Mya Driver Read more
BlackRock Private Markets and Outpost Management Expand Joint Venture with Third Asset Acquisition Feb 22, 2024 Outpost Management, in a strategic alliance with BlackRock Private Markets, has announced the acquisition of The Castle, a premier co-living development in North Acton, from Tide Construction. This venture, part of a joint investment initiative, underscores a significant commitment to reshaping the urban living landscape. The Castle, designed by HTA architects, is poised to become […] Posted by: Mya Driver Read more
London Launches £3 Billion Housing Framework Tender to Boost Construction Sector Feb 21, 2024 London’s Haringey Borough Council has initiated the tender process for a groundbreaking £3 billion public sector housing framework, aimed at fostering new build and retrofit projects across London and the Home Counties. This ambitious move is designed to revitalize the lineup of construction firms, providing opportunities for both established companies and SMEs to contribute to […] Posted by: Mya Driver Read more
Atelier Secures £9.8 Million for North London Care Home Revamp Feb 21, 2024 Atelier, a specialist in development finance lending, has announced the completion of a £9.8 million funding deal aimed at the acquisition and renovation of a previously unoccupied care home located in New Southgate, North London. The financing will facilitate a comprehensive internal reconfiguration and refurbishment of the building, bringing it up to modern standards for […] Posted by: Mya Driver Read more
REIM Capital Finalises £14m Loan for Diverse Croydon Property Purchase Feb 21, 2024 REIM Capital has successfully finalised a £14 million commercial loan within a span of four weeks, facilitating the acquisition of a mixed-use property in Croydon, South London. This strategic financial move enables the borrower to secure a property that encompasses office spaces, retail units, and a 149-bed Travelodge hotel. Structured with a 12-month term, the […] Posted by: Mya Driver Read more
London’s BT Tower to Transform into a Premier Hotel in £275 Million Deal with MCR Hotels Feb 21, 2024 London’s iconic BT Tower is poised for a remarkable transformation into a leading hotel, following a £275 million acquisition by MCR Hotels, a prominent US hotel developer. This development marks a historic shift for the Grade II listed structure, which has played a central role in the UK’s telecommunications history since its inauguration in 1965. […] Posted by: Mya Driver Read more
Redbridge Seeks Partner for New Community Hub Development Feb 20, 2024 The London Borough of Redbridge is on the hunt for a private partner to bring a new community hub to life, alongside the development of adjacent land. This initiative aims to enhance the local community with a focus on the Seven Kings area. Located in Ilford, the borough is offering a prime opportunity for developers […] Posted by: Mya Driver Read more
Peckham’s Aylesham Centre Set for Transformation with 850 New Homes Feb 19, 2024 dRMM Architects has unveiled plans to transform the Aylesham Centre in Peckham, aiming to breathe new life into the south London neighbourhood. The project, supported by Berkeley Homes, proposes the construction of over a dozen new buildings on a 2.7-hectare site along Rye Lane, Peckham’s bustling main thoroughfare. This ambitious scheme replaces earlier proposals and […] Posted by: Mya Driver Read more
Havering Council Eyes Compulsory Purchase to Drive £451m Romford Regeneration Feb 16, 2024 Havering Council has set its sights on a comprehensive £451 million regeneration project in Romford town centre, planning to utilise compulsory purchase orders as a means to progress. The ambitious initiative, set to transform Bridge Close, encompasses proposals for the development of 1,070 homes, a new school, a health centre, and several commercial units. Despite […] Posted by: Mya Driver Read more
German Real Estate Giant Acquires Ruby Zoe Hotel in London for £53 Million Feb 15, 2024 Deka Immobilien, a leading German real estate management company, has acquired the Ruby Zoe hotel located in London’s prestigious Notting Hill area for £53 million. The deal sees the property transition from the ownership of Frogmore Real Estate Partners, who had held the freehold since April 2021, to becoming a key asset within the Deka-ImmobilienMetropolen […] Posted by: Mya Driver Read more
