Ballymore and Sainsbury’s joint venture submits plans for major new canalside neighbourhood in Ladbroke Grove Oct 24, 2023 Over 2,500 new homes, two parks, restored canal basin and high street proposed for the Royal Borough of Kensington and Chelsea on brownfield site Ballymore and Sainsbury’s have submitted a planning application for a major canalside neighbourhood in Ladbroke Grove. The proposed new neighbourhood has been designed to deliver 2,519 new homes, of which at […] Posted by: Mya Driver Read more
ICG Real Estate Buys £125m Digital Assets in Central London and Renews Vodafone’s Lease Until 2048 Oct 23, 2023 In a significant move, ICG Real Estate, a branch of ICG, has announced the acquisition of a £125 million digital infrastructure portfolio in Central London, currently leased to Vodafone UK. As part of the purchase deal, both parties have agreed to an extension of Vodafone’s lease for an additional 25 years, lasting until 2048. This […] Posted by: Mya Driver Read more
Barnet Council Seeks Collaboration for £145m Grahame Park Revamp Oct 20, 2023 Barnet Council, located in North London, is on the hunt for a collaborator to expedite the redevelopment of the north-eastern segment of the expansive Grahame Park estate in Collindale. The initial phase of the project will see the removal of existing structures, which currently house 290 residences, to make way for 505 new homes. This […] Posted by: Mya Driver Read more
City of London Corporation continues sustainable and heritage focused development drive with new planning approvals Oct 19, 2023 The City of London Corporation has granted planning permission for a venture between Hobart Partners and PineBridge Benson Elliot, to develop ‘The Mark’, a new build sustainable, modern office in the City of London. Comprising 215,000 sq ft of much needed new office space, alongside 14,000 sq ft of cultural, food & beverage and retail […] Posted by: Mya Driver Read more
Avanton appoints agents for Culvert Court site, new £30 million urban logistics site in Battersea Oct 18, 2023 Leading London investor-developer Avanton has appointed agents and commenced pre-lets for Culvert Court in Battersea, ahead of the industrial complex’s redesign into a modern, urban logistics complex to be named ‘The Steel Works’. Located at 105 Culvert Road in Battersea, Avanton was granted full planning permission in January 2023 to transform a 22,000 sq.ft. site […] Posted by: Mya Driver Read more
Art-Invest Real Estate submits proposals to refurbish Sackville House Oct 17, 2023 Art-Invest Real Estate (Art-Invest) announces that it has recently submitted a Planning Application to Westminster City Council for the refurbishment of Sackville House, Piccadilly to deliver 30,000 sq. ft of significantly enhanced, Grade A and sustainably-led offices with retail space across the ground floor. The proposals seek to reposition Sackville House, which is Grade II […] Posted by: Mya Driver Read more
Cohort Capital Finalizes £73m Refinancing for Iconic Covent Garden Hotel Oct 16, 2023 Cohort Capital has successfully concluded a £73 million refinancing agreement with a Qatari-based group for the esteemed NoMad Hotel located in London’s historic Covent Garden. This iconic 91-bedroom boutique hotel, set within an 18th-century Grade II listed building, previously functioned as the Bow Street Magistrates Court and Police Station. After comprehensive refurbishments between 2018 and […] Posted by: Mya Driver Read more
Rasmala Investment Bank Bolsters UK Housing Footprint with Strategic Acquisitions in London Oct 13, 2023 Rasmala Investment Bank Limited (Rasmala), a prominent alternative investment manager, has marked a substantial expansion in its UK real estate portfolio with the successful acquisition of three residential blocks in London during 2023. These acquisitions underscore the bank’s strategic focus on fortifying its UK Multifamily Fund’s portfolio, primarily targeting the burgeoning serviced apartment and Built-to-Rent […] Posted by: Mya Driver Read more
Former Belgravia Police Station Set for Luxury Hotel Transformation Oct 6, 2023 EPR Architects have put forth plans to revamp the erstwhile Belgravia police station into a 252-room luxury hotel. Located at 202-206 Buckingham Palace Road, the project is poised to become the third London venue for the rapidly growing hotelier, The Other Group. The group inaugurated its debut hotel in South Kensington in the previous year […] Posted by: Mya Driver Read more
East London and the UK impact: An Exclusive Interview with Dan Bridge on the Royal Docks Regeneration Oct 6, 2023 In a recent exclusive interview, UKREiiF sat down with Dan Bridge, the Programme Director of the Royal Docks team, to discuss the ongoing regeneration of the Royal Docks in East London and its broader implications for the community. UKREiiF: Dan, thank you for joining us today. Could you start by introducing yourself and explaining your […] Posted by: Mya Driver Read more