Investec provides City & Docklands with £50 million investment facility secured against iconic West London residential tower Feb 5, 2024 Investec Real Estate announces that it has provided City & Docklands Group, the London property developer, with a £50 million investment loan, secured against 149 newly completed luxury apartments at One West Point, a landmark residential scheme in West London. The facility, which refinances an existing loan, is the sixth transaction between the two parties. […] Posted by: Mya Driver Read more
London office requirements hit 10-year high with 80% of companies seeking to upsize Feb 1, 2024 London office requirements have hit the highest level for 10 years with companies on the hunt for close to 12 million sq ft of new office space, according to Knight Frank. This figure represents a 34% increase compared to last year, with 80% of these firms intending to upsize, or match their office footprint in […] Posted by: Mya Driver Read more
Mayor of London gives go ahead for next phase of Aberfeldy transformation Jan 29, 2024 Life-changing improvements for the Aberfeldy community have been given the green light; including 1,500 new homes – 39% affordable – new green spaces, workspaces and improved connections. The Deputy Mayor for Planning, Regeneration and Skills (acting under delegated powers from the Mayor of London) has approved the next phase of our 20-year transformation of Aberfeldy […] Posted by: Mya Driver Read more
£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
