Carter Jonas Achieves Planning Consent for Barking Community Hospital Aug 22, 2023 National property consultancy Carter Jonas has secured planning consent on behalf of Barking, Havering and Redbridge University Hospitals NHS Trust for a brand new Community Diagnostic Centre for Barking. Consent was awarded by London Borough of Barking and Dagenham on 7th June 2023. The 0.1ha site has been host to the Barking Community Hospital for […] Posted by: Mya Driver Read more
Qatari Sheikh Considers Selling Two Prestigious London Properties for £370 Million Aug 18, 2023 Sheikh Hamad bin Jassim bin Jaber Al Thani, a prominent Qatari royal known for his extensive investments, is contemplating the sale of two luxurious properties in London’s elite Knightsbridge district. The combined asking price for these properties is £370 million. The first property, a triplex penthouse in the renowned One Hyde Park project, is expected […] Posted by: Mya Driver Read more
GPE announces the acquisition of the Soho Square Estate Aug 18, 2023 Great Portland Estates plc (GPE) is delighted to announce the acquisition of King Sloane Properties Limited (the Company), which owns the freehold interests at 16/19 Soho Square, 29/43 Oxford Street and 7 Falconberg Mews, W1, from Belgravia & Chelsea Property Services Limited. The cash consideration is based on a property value of £70 million (£772 […] Posted by: Mya Driver Read more
Redrow Agrees to Sell 249 Homes from Colindale Gardens to Barnet Council in a Major Affordable Housing Move Aug 17, 2023 In a significant move towards affordable housing, listed housebuilder Redrow has agreed to sell 249 new-build homes from its flagship London development, Colindale Gardens, to Barnet Council. The contracts have been exchanged, and the majority of these homes, ranging from studios to three-bedroom units, will be made available for affordable rent. The properties are part […] Posted by: Mya Driver Read more
CapitaLand Acquires Digital Realty Data Centre in London for £125.1 Million Aug 17, 2023 Singaporean investment firm CapitaLand has completed the acquisition of a Digital Realty data centre located in Watford, just north of London, UK. The purchase, made through CapitaLand Ascendas REIT Management Limited, was finalized for £125.1 million ($159 million). The acquired property is believed to be the Chess Building, a 31MW data centre encompassing 25,000 square […] Posted by: Mya Driver Read more
Lothbury Plans £146 Million Sale of London Industrial Estate to Valor Aug 16, 2023 Valor Real Estate Partners has entered into an agreement to purchase a £146 million industrial estate from Lothbury Investment Management, a UK-based real estate manager. The estate, known as Tera 40, is situated on Auriol Drive in Greenford within the London Borough of Ealing. Comprising four fully-leased distribution facilities spanning 340,650 square feet, the estate […] Posted by: Mya Driver Read more
Valor agrees acquisition of Tera 40 industrial estate in Greenford, West London for c. £146 million from Lothbury Aug 15, 2023 Valor Real Estate Partners (“Valor”), Europe’s fastest growing last-mile real estate specialist, has agreed terms for the acquisition of the Tera 40 industrial estate on Auriol Drive, Greenford, for c. £146 million. The estate comprises four modern distribution assets totalling 340,650 sq ft which are fully-let to Tesco, Palletways, Royal Mail and Micheldever. The estate […] Posted by: Mya Driver Read more
Shaftesbury Capital Secures £200 Million Loan Against Carnaby Estate Aug 14, 2023 Shaftesbury, has announced a new 10-year loan agreement with Aviva Investors for £200 million. This strategic move emphasizes the value and attractiveness of Shaftesbury Capital’s real estate assets, particularly within the Carnaby estate in London. Formed in March through an all-share merger of Shaftesbury PLC and Capital & Counties Properties PLC, Shaftesbury Capital invests in […] Posted by: Mya Driver Read more
Investec backs London office sector with £122 million development loan for Unilever’s 283,000 sq ft global headquarters Aug 14, 2023 Investec Real Estate announces that it has provided LCN Capital Partners, a private equity real estate firm, with a £122 million loan for the development of a 283,000 sq ft best-in-class office scheme in Kingston Upon Thames, Southwest London. Unilever, the FTSE 100 multinational consumer goods company, has agreed a pre-let for the entire building for […] Posted by: Mya Driver Read more
Landmark planning approval for former Park Lane Mews Hotel Aug 11, 2023 Bain Capital Special Situations and Orka Investments Limited are delighted to confirm that the Park Lane Mews Estate has received planning permission to create a luxury lifestyle boutique hotel and prime residential building. The hotel will feature 82 rooms and destination dining, including a signature restaurant, a vibrant lobby bar and café, and a private […] Posted by: Mya Driver Read more
