Amro Acquires Lewisham Retail Park with GDV £400m May 17, 2024 Amro has announced the acquisition of Lewisham Retail Park in South East London, marking the beginning of their largest and most ambitious project to date. The company plans to transform the site into a landmark residential-led development, estimated to have a gross development value (GDV) of around £400 million. The new development will deliver approximately […] Posted by: David Gilbank Read more
Columbia Threadneedle Expands Retail Portfolio with Major Acquisitions May 16, 2024 Columbia Threadneedle Real Estate, the investment and asset management division of Columbia Threadneedle Investments, has expanded its retail portfolio by acquiring Phases 2 and 3 of Merry Hill Retail Park in Brierley Hill and Phoenix Retail Park in Corby. Both acquisitions were made on behalf of separate client funds, with the purchase amounts remaining undisclosed. […] Posted by: David Gilbank Read more
Asda Announces Mixed-Use Redevelopment in North West London May 14, 2024 Asda has unveiled plans for a 10-acre mixed-use redevelopment site in North West London. The supermarket has partnered with Barratt to transform the brownfield site, currently hosting its Park Royal superstore. Subject to planning approval, the proposal aims to create a new town centre within the Old Oak and Park Royal Development Corporation regeneration area. […] Posted by: David Gilbank Read more
Pictet acquires 73 West London residential apartments May 14, 2024 Pictet Alternative Advisors, the alternative investment business of Pictet Group, announces the acquisition of 73 brand new West London residential apartments for its direct real estate strategy. This acquisition builds on the track record of Elevation I, where PAA’s real estate team, in a joint venture with Pinnacle Investments, assembled a London residential portfolio of […] Posted by: David Gilbank Read more
Close Brothers Property Finance Backs Brent Cross Regeneration with £48m Loan to Chase New Homes May 13, 2024 Close Brothers Property Finance has extended a £48 million loan to Chase New Homes to support the construction of 213 private residences as part of the Brent Cross Cricklewood regeneration project in North London. This funding marks a significant step in the development, coinciding with the recent opening of Brent Cross West station, which offers […] Posted by: David Gilbank Read more
Australian Retirement Trust Establishes First International Office in London May 10, 2024 Australian Retirement Trust (ART), one of Australia’s foremost superannuation funds, has inaugurated its first overseas office in London, aiming to enhance its presence in international investment markets. Holding over 40% of its assets outside Australia and with investments exceeding A$25 billion in the UK and Europe, the move is a strategic extension of the A$280 […] Posted by: David Gilbank Read more
Ares Real Estate and EQ Group Secure £400 Million UK Hotel Portfolio May 9, 2024 Ares Real Estate and EQ Group have announced the acquisition of a portfolio comprising 18 hotels from Land Securities for £400 million, reflecting renewed confidence in the UK’s property and leisure sectors. The collection of mid-scale and economy hotels, strategically located in central London and other major UK cities, signifies an important expansion for Ares […] Posted by: David Gilbank Read more
Brookfield Asset Management Finalises £635m London Office Purchase May 7, 2024 Brookfield Asset Management has completed a substantial £635 million acquisition of a major office property at 30 Fenchurch Street in London, underscoring its confidence in the capital’s office market. The deal involves a 550,000 square foot office building, with strong occupancy levels and excellent transport connections, including the new Elizabeth Line. Brad Hyler, Managing Partner […] Posted by: David Gilbank Read more
Compagnie du Parc Expands its Industrial Portfolio in Greater London by £100M May 2, 2024 Specialist real estate investor Compagnie du Parc has successfully acquired two strategically positioned industrial assets in Greater London, further enhancing its portfolio. The acquisitions include the Five Arches Business Estate in Sidcup and Bourne Industrial Park in Crayford, totaling 139,500 sq ft of industrial space, acquired for a combined £30 million. These acquisitions come on […] Posted by: David Gilbank Read more
Octopus funds purchase of land for 484-bed student accommodation May 1, 2024 Octopus Real Estate, part of Octopus Investments and a leading UK specialistreal estate investor and lender, has provided a commercial loan tocomplete the purchase of a site located in Deptford, London. The site hasdetailed planning consent for the development of a 484-bed studentaccommodation scheme, alongside 42 affordable residential apartments. The loan has been provided to […] Posted by: David Gilbank Read more
