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
British Land Proposes Overhaul of Euston Tower into Science and Innovation Hub Jan 5, 2024 British Land has put forward a planning application aimed at transforming the 1970s Euston Tower, a prominent skyscraper in central London, into a modern centre for science and innovation. This initiative marks a new chapter in the building’s history, steering it towards becoming a hub for scientific advancement and creative enterprise. The proposal outlines a […] Posted by: Mya Driver Read more
Brent Cross to Welcome New Six-Storey Big Yellow Self-Storage and Office Space Jan 3, 2024 Brent Cross’s business park is set to see a development boost with the proposed construction of a new six-storey Big Yellow Self-Storage facility, replacing the existing one at Staples Corner, which has been described as “tired and outdated”. The development plans for the Staples Corner site include not only self-storage options but also flexible office […] Posted by: Mya Driver Read more
London Borough of Newham Acquires Harlow’s 172-Unit Development for Housing Project Dec 20, 2023 London Borough of Newham has finalised the purchase of a substantial housing development in Harlow. This acquisition includes a fifteen-story block of flats, located strategically by the railway station roundabout between Elizabeth Way and Edinburgh Way, consisting of 172 homes. This development is conveniently situated near key amenities such as Addison House Surgery and Princess […] Posted by: Mya Driver Read more
Kadans Science Partner expands portfolio with King’s Cross addition Dec 20, 2023 Kadans Science Partner, a key player in the European science and technology real estate sector, has recently expanded its Pan-European portfolio with the addition of a new asset in King’s Cross, London. The property, located at 22-23 Tileyard Road, is set to be transformed into a high-quality, purpose-built laboratory space, addressing the growing demand for […] Posted by: Mya Driver Read more
BNP Paribas REIM Acquires Central London Office for £42.5 Million Dec 19, 2023 BNP Paribas Real Estate Investment Management (REIM) has finalised the purchase of 25 Victoria Street, a prominent office building in Central London, from Delancey Real Estate. The acquisition, valued at £42.5 million, represents a strategic expansion for BNP Paribas REIM’s portfolio, particularly for its European Impact Property Fund (EIPF). This property, encompassing a total area […] Posted by: Mya Driver Read more
AIRE Secures Streatham Virgin Active Club in £5.1 Million Deal Dec 19, 2023 Alternative Income REIT PLC (AIRE), known for its diversified UK commercial property assets, recently announced the acquisition of the Virgin Active leisure club in Streatham, South-West London. The purchase, amounting to £5.1 million, represents a net initial yield of 9.8% and offers a cost advantage compared to building anew. This strategic move utilises the bulk […] Posted by: Mya Driver Read more
Potential Redevelopment in Croydon Town Centre: A Multimillion-Pound Opportunity on the Horizon Dec 15, 2023 Croydon Council is making strides towards a potential multimillion-pound redevelopment of Croydon town centre, with We Made That at the forefront, orchestrating a strategic vision for this significant urban transformation. This ambitious initiative, set to unfold over the next 15 years, involves a team of specialists led by We Made That. The team encompasses experts […] Posted by: Mya Driver Read more