£105m loan secured for Scape Living Hammersmith student scheme Jan 24, 2024 A £105 million loan to fund the development of a student accommodation project by Scape Living in Hammersmith, West London, from NatWest and Virgin Money, has been secured Dominus Group have also backed the project by way of a forward funding agreement to Scape Living. During the three year deal, Virgin Money and NatWest will […] Posted by: Mya Driver Read more
Socius & Aviva selected to deliver world leading cancer and research district Jan 23, 2024 The London Borough of Sutton has confirmed the selection of Socius and Aviva as partners to advance the development of the world’s leading district for cancer research and treatment at the London Cancer Hub (LCH) in Sutton, London. The landmark investment includes the long lease sale for development of a five-hectare site adjacent to the renowned Royal […] Posted by: Mya Driver Read more
Vistry Group selected as Preferred Developer to deliver £276m scheme for 739 new homes in Barnet Jan 23, 2024 Vistry Group, through its Countryside Partnerships brand, has been selected by the Greater London Authority (GLA) and the Mayor’s Office for Policing and Crime (MOPAC) as the preferred developer to deliver 739 new mixed-tenure homes in Colindale, Barnet, as part of a £276m GDV scheme. The 427 affordable homes – consisting of affordable rent, social […] Posted by: Mya Driver Read more
Google’s new 33-acre data centre in Hertfordshire Jan 22, 2024 Google has unveiled plans to broaden its data centre presence in the UK by establishing a fresh campus in Hertfordshire, situated just outside London. In a recent announcement, the tech behemoth shared news of commencing construction on a new facility spanning 33 acres in Waltham Cross, located to the north of London. In October 2020, […] Posted by: Mya Driver Read more
HMRC Secures Ownership of Croydon HQ for £115 million Jan 18, 2024 In 2017, HMRC relocated to the newly finished 1 Ruskin Square, a nine-storey building, securing a 25-year lease for the entire 180,000 sq ft structure. The recent transaction is part of the government’s initiative to broaden its property holdings and centralise its presence in various office hubs. A spokesperson from HMRC commented, “This acquisition provides […] Posted by: Mya Driver Read more
Cain secures £188M refinancing for The Stage from Macquarie Capital Jan 16, 2024 Cain International (‘Cain’), the privately held investment firm, alongside McCourt Partners, Galliard Homes, Vanke, and Investec has secured a £188M refinancing for the residential component of The Stage, a landmark mixed-use development in the heart of Shoreditch, entirely from the balance sheet of Macquarie Capital. Situated on the site of Shakespeare’s historic Curtain Theatre, the […] Posted by: Mya Driver Read more
UK Infrastructure Bank commits £300m to the Docklands Light Railway Rolling Stock Replacement Programme, boosting growth and opportunity Jan 15, 2024 The UK Infrastructure Bank has today announced a £300 million loan to Transport for London (TfL) to support the Docklands Light Railway (DLR) Rolling Stock Replacement Programme, boosting connectivity, job opportunities and helping to further cut emissions. The loan is provided through the Bank’s Local Authority function and will finance a significant part of the […] Posted by: Mya Driver Read more
Starwood Capital Expands London Presence with 10-Hotel Acquisition from Edwardian Group Jan 15, 2024 Starwood Capital Group, an international private investment firm with a focus on real estate, has announced the acquisition of a collection of 10 hotels from Edwardian Group. This deal was finalised through an off-market transaction for an undisclosed amount. This notable addition to Starwood’s portfolio includes a total of 2,053 rooms. Despite the sale, Edwardian […] Posted by: Mya Driver Read more
Vonovia Issues £400 Million Bond in London, Expanding Investor Base Jan 12, 2024 Vonovia, a prominent player in the real estate sector, has made a fresh entry into the capital markets by issuing a £400 million bond in London. This strategic decision not only marks the company’s expansion into new financial territories but also offers improved pricing conditions, catering to a broader spectrum of investors. The move signifies […] Posted by: Mya Driver Read more
Peabody and Lovell Partnerships Forge New Residential Scheme in South Thamesmead Jan 12, 2024 Peabody, in collaboration with Lovell Partnerships, has embarked on a venture to develop the second phase of a comprehensive regeneration plan for South Thamesmead, London. This partnership, split evenly between the two entities, aims to construct 329 mixed-tenure homes, of which 42% will be categorised as affordable housing. The project’s commencement is scheduled for early […] Posted by: Mya Driver Read more
