Southwark Council grants planning permission for Zone G and the Park and Pavilion, part of the Canada Water Masterplan Oct 5, 2023 Southwark Council has granted planning permission to develop new homes, retail and green space as part of the Canada Water Masterplan. This will enable the creation of two zones of the development, which will provide new affordable homes, helping to meet local housing need, alongside exceptional new public spaces, play areas, shops and cafés. Zone […] Posted by: Mya Driver Read more
Landsec signals confidence in London office market with commitment to deliver Timber Square, SE1 Oct 4, 2023 In a show of confidence in London’s office market, Landsec has committed to delivering it’s latest net zero development, Timber Square in Southwark, and has appointed Mace as construction manager for the scheme. The announcement progresses Landsec’s ambition to create a one million sq ft green office cluster in Southwark. The project will deliver 380,000 […] Posted by: Mya Driver Read more
British Land secures planning for latest logistics hub in its pipeline Oct 4, 2023 British Land has received a resolution to grant planning permission for a c. 140,000 sq ft multi-level last-mile logistics scheme on Mandela Way, Southwark, which is the latest scheme in British Land’s 2.9m sq ft pipeline. The site sits close to the junction of New Kent Road, Old Kent Road and Tower Bridge Road and […] Posted by: Mya Driver Read more
Birchgrove Expands London Presence with Ninth Retirement Living Site Acquisition Oct 3, 2023 Birchgrove, a leading provider of rented retirement homes in the UK, has fortified its London base with the purchase of its ninth property – Ayrton House in Mill Hill, North London. This 60-apartment community has been developed on the historic grounds of the National Institute for Medical Research. This new acquisition will provide residents with […] Posted by: Mya Driver Read more
£243m ICG loan funds 484 new BtR homes at Related Argent’s Heart of Hale London scheme Oct 2, 2023 Related Argent has agreed a £243m loan with ICG Real Estate for the delivery of a landmark Build-to-Rent (BtR) scheme in Tottenham Hale, London featuring 484 new rental homes. ICG Real Estate provided the construction loan as part of its Real Estate Debt strategy. The new BtR homes represent the second and final phase of the […] Posted by: Mya Driver Read more
Aware Super Expands Global Reach with London Office Focusing on Property and Infrastructure Sep 27, 2023 Australia’s third-largest superannuation fund, Aware Super, is set to bolster its international investment strategy with the establishment of a new office in London. Slated for completion by the end of 2023, this strategic move aims to tap into lucrative opportunities in international property, infrastructure, and private equity sectors. Damien Webb, deputy chief investment officer and […] Posted by: Mya Driver Read more
Landsec’s Central London business continues to see strong customer demand Sep 27, 2023 Landsec will host a Capital Markets Event for analysts and investors this afternoon at its London office developments, Lucent at Piccadilly Circus and n2 in Victoria, which completed earlier this summer. This will include an update focused on the operational performance of its Central London business. Since the end of March, customer demand for Landsec’s […] Posted by: Mya Driver Read more
Facebook Owner Reduces London Office Space, Returns Lease Near Euston Station Sep 26, 2023 Meta Platforms, the parent company of Facebook, has reportedly scaled back its office real estate in London by surrendering a lease on a building located at 1 Triton Square, between Euston Train Station and Regent’s Park. British Land, the UK’s largest property development firm, confirmed this in a business update. Despite expanding its real estate […] Posted by: Mya Driver Read more
Phoenix Group Expands Portfolio with Hambro Perks Investment Sep 22, 2023 In a strategic move to diversify its investment portfolio, Phoenix Group, the UK’s leading savings and retirement business, has acquired a stake in the London-based venture capital firm, Hambro Perks. This acquisition aligns with Phoenix’s objective to provide its customers with increased opportunities in rapidly expanding private enterprises. Phoenix Group’s acquisition comprises a 5% stake […] Posted by: Mya Driver Read more
Cinch Self Storage Expands with New Facility in Swindon Sep 21, 2023 Cinch Self Storage is set to launch a substantial new self-storage facility in Swindon. The company recently acquired a brownfield site at Cheney Manor Industrial Estate, located to the north-west of Swindon town centre. This addition will expand Cinch’s existing portfolio of 20 facilities, primarily located in the South East. The new facility, scheduled to […] Posted by: Mya Driver Read more