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
Picton exchanges contracts for the sale of part vacant office asset Apr 2, 2024 Picton has agreed to sell its second largest office asset, Angel Gate, London, EC1 for £29.6 million, with completion due on 9 April 2024. This is in line with the Company’s strategy to repurpose appropriate office assets and follows the Company securing residential planning consents during 2023 and a subsequent structured marketing process this year. […] Posted by: Mya Driver Read more
Helical agrees sale of 25 charterhouse square Mar 25, 2024 Helical plc has exchanged contracts on the sale of the long leasehold interest in 25 Charterhouse Square, London, EC1 to a Real Estate fund managed by global alternative investment manager, Ares Management (“Ares)”, for £43.5 million. The disposal price represents a 6.5% discount to the 30 September 2023 book value. Redeveloped by Helical in 2017, 25 […] Posted by: Mya Driver Read more
DTZ Investors Completes Third Investment for the LGPS Central Property Fund Mar 22, 2024 DTZ Investors is pleased to confirm the acquisition of Goodmayes Retail Park, Chadwell Heath, London, the third investment for LGPS Central’s recently launched UK Direct Property Fund. Goodmayes Retail Park is let to a range of retailers including Wickes, Currys, Carpetright, The Gym, Nandos, Costa and Masala Bazaar. The site is located in an area […] Posted by: Mya Driver Read more
Octopus Real Estate funds purchase of land to develop 244-bed student accommodation in Elephant and Castle Mar 19, 2024 Octopus Real Estate, part of Octopus Investments and a leading UK specialist real estate investor and lender, has provided a commercial loan to complete the purchase of a site located in Elephant and Castle, Central London. The site contains detailed planning consent for the development of a 244-bed student accommodation scheme. The loan has been […] Posted by: Mya Driver Read more
NUMA Group Launches First UK Venture with Bloomsbury Hotel Site Mar 13, 2024 The NUMA Group has officially entered the British market through a collaboration with the New World Hospitality Group, introducing NUMA Bloom at the site of the erstwhile Bedford Corner Hotel in London. This launch marks the debut of the digital hospitality platform in the UK, at a prime location in Bloomsbury, central London, housed within […] Posted by: Mya Driver Read more
Shaftesbury Capital Expands Presence in Covent Garden with New Acquisition Mar 12, 2024 Shaftesbury Capital has further cemented its position in the heart of London by acquiring the freehold interests in properties located at 25-31 James Street, Covent Garden, for a sum of £75.1 million. This strategic purchase adds a significant mix of retail and residential spaces to its already robust portfolio in one of London’s most bustling […] Posted by: Mya Driver Read more
AXA IM Alts secures £480 million development loan for landmark net-zero London office scheme, 50 Fenchurch Street Mar 11, 2024 AXA IM Alts, a global leader in alternative investments with €183 billion of assets under management[1], has secured a £480 million construction loan from Cale Street, the real estate investment and finance firm, to fund the development of its 650,000 sq ft (60,000 sqm) next generation office building at 50 Fenchurch Street. This transaction represents one of […] Posted by: Mya Driver Read more
