Multiplex Secures £450m Deal for Prestigious St John’s Wood Barracks Redevelopment Sep 12, 2023 In a significant move, Multiplex has clinched a £450m contract to transform the former St John’s Wood Barracks into a luxury residential development. The project, officially named St John’s Wood Square, is set to be executed as a shell and core job under a design and build agreement. The fit-out, estimated at £200m, is anticipated […] Posted by: Mya Driver Read more
Croydon School of Art Set for Major Revamp with £7.56m Funding from REIM Capital Sep 4, 2023 In a significant move to rejuvenate Croydon’s cultural heritage, REIM Capital has announced a £7.56m bridging loan to support the redevelopment of the former Croydon School of Art. Located in the heart of Croydon town centre, the iconic building has remained vacant since 2012. However, with the new funding, the site is poised to be […] Posted by: Mya Driver Read more
E1 Club in Wapping Gains Green Light for Brand-New Establishment Sep 4, 2023 Amidst uncertainties surrounding its future due to an impending redevelopment initiative, the renowned E1 club, nestled in the heart of Wapping, East London, has received a favourable nod from the Tower Hamlets council for the construction of a fresh venue. The vicinity surrounding its existing location on Pennington Street is set to undergo a transformation, […] Posted by: Mya Driver Read more
Developer needed: Lambeth Council looking for partners for multi £million Somerleyton Road Project Sep 1, 2023 Lambeth Council has announced its active search for a development partner to drive forward the next phase of its ambitious Somerleyton Road regeneration scheme in Brixton. This move comes as part of the council’s broader initiative to enhance the local community, with plans already in place for the construction of over 320 new homes. The […] Posted by: Mya Driver Read more
AEW’s £18.5 Million Investment: Windsor Royal Station Shops Acquired Aug 30, 2023 In a significant move that underscores its commitment to prime real estate, AEW has announced the acquisition of Windsor Royal Station shops through its Urban Real Estate Fund (UREF). The deal, worth a staggering £18.5 million, encompasses a shopping area of 74,200 sq ft, strategically located next to the Windsor Yards centre, which AEW had […] Posted by: Mya Driver Read more
London’s Prime Property Market Sees a Resurgence with £22m Sale to Far East Buyer Aug 29, 2023 A recent sale of a London flat for a staggering £21.95 million to a buyer from the Far East has marked a notable shift in the capital’s luxury property market. This sale, of a residence overlooking Green Park, is significant as it’s one of the rare central London properties to have sold for over £5,000 […] Posted by: Mya Driver Read more
MCR Property Group gets refinance for Luton Resi with £11m QIB UK deal Aug 24, 2023 MCR Property Group, one of the UK’s most prominent independent property investment and development companies, has successfully completed refinancing of the Stockwood Gardens residential scheme in Luton, under an £11m deal. This latest development for the leading independent property investment and development company marks a huge step forward in the Private Rental Sector (PRS) market […] Posted by: Mya Driver Read more
Arrow Global Expands Reach by Acquiring Full Control of Maslow Capital Aug 24, 2023 Manchester-based asset manager Arrow Global Group has taken full control of Maslow Capital, a real estate finance provider headquartered in London. This acquisition comes after Arrow Global initially purchased a significant minority stake in Maslow Capital in December 2021. Arrow Global itself was taken over by TDR Capital, a private equity firm, in a £565 […] Posted by: Mya Driver Read more
Paragon Bank Funds £26m for 170-Unit Housing Scheme in Essex Aug 23, 2023 Paragon Bank has entered into a financial agreement with Chase Homes, offering a £26 million package to back a housing project in Saffron Walden, Essex. This initiative will comprise 170 housing units. The funding package, which includes a £24 million revolving credit facility and a £2 million VAT support package, will enable the acquisition of […] Posted by: Mya Driver Read more
Brent Cross Town attracts leading provider to develop retirement village Aug 22, 2023 Brent Cross Town announces that it has attracted the joint venture between Audley Group and Senior Living Investment Partners (‘SLIP’) to deliver Brent Cross Town’s first retirement village. It marks continued investment and construction momentum at the 180-acre, £8bn net zero park town being delivered by Related Argent and Barnet Council partnership. Providing specialist homes […] Posted by: Mya Driver Read more