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
Revealed: The 20 English Towns and Cities to get 11,500 New Homes Feb 14, 2024 The government has announced the 20 towns and cities poised to benefit from the construction of 11,500 new homes. This initiative aims to provide a substantial boost to housing availability, targeting previously developed brownfield sites to accommodate this significant increase. The strategy not only seeks to make home ownership more attainable for younger buyers but […] Posted by: Mya Driver Read more
Berkeley Secures £125m Loan from Homes England for 8000 Homes Feb 14, 2024 Berkeley Group, a leading housebuilder, has obtained a £125 million loan from Homes England to support the development of 8,000 homes across three challenging brownfield sites. These projects, located in Newham and Southwark, London, have been identified as “highly complex” by Homes England, necessitating a substantial initial investment to proceed. The funding is part of […] Posted by: Mya Driver Read more
Weston Homes To Launch £315M – 900 More New Homes Across London & The South-East Feb 14, 2024 Leading volume housebuilder Weston Homes has announced it will launch and develop an additional £315 million of new residential schemes this year, providing almost 900 more new homes across London and the South-East with two further London commuter projects at planning application stage offering another 650 homes, adding in excess of 1,500 new homes to […] Posted by: Mya Driver Read more
Aareal Bank Backs Starwood Capital with Financing for Premier London Hotel Portfolio Feb 9, 2024 Aareal Bank has provided financing for the acquisition of a premier collection of ten hotels in London by a controlled affiliate of Starwood Capital Group. The portfolio, featuring 2,053 rooms across the capital and operating under the Radisson Blu brand, marks a notable expansion for Starwood Capital in the European hospitality sector. The transaction, which […] Posted by: Mya Driver Read more
Transport for London open consultation for Docklands Light Railway expansion Feb 7, 2024 Transport for London (TfL) has initiated a public consultation to gather valuable input on the proposed extension of the Docklands Light Railway (DLR). The envisioned expansion entails stretching the railway from Gallions Reach to Thamesmead, passing through Beckton Riverside, with the potential to pave the way for the development of approximately 30,000 new homes along […] Posted by: Mya Driver Read more
£88m forward funding deal agreed for Yardhouse with City Developments Limited Feb 7, 2024 HUB have agreed a forward-funding deal with Singapore-based real estate developer City Developments Limited (CDL) to deliver Yardhouse, an innovative mixed tenure scheme in Wood Lane, west London, in partnership with Bridges Fund Management Ltd. The project, designed by Allford Hall Monaghan Morris, will deliver 209 co-living homes alongside high-quality amenity spaces and two roof terraces, […] Posted by: Mya Driver Read more
Integrity International Acquires Historic Atlas House and Crescent for London Portfolio Expansion Feb 7, 2024 Integrity International Group has announced the acquisition of the historic Atlas House and the adjacent Crescent buildings, positioned in the heart of London. These properties are set to enhance the group’s luxury portfolio, which already includes several prestigious hotels and residences across the city. Atlas House, a Grade II listed building, is located near significant […] Posted by: Mya Driver Read more