Ares European Real Estate Debt Provides £300 Million Senior Debt Facility to Refinance Portfolio of Central London Assets Jun 23, 2023 Ares Management Corporation announced today that its European Real Estate Debt team has closed on a £300 million senior loan to refinance a portfolio comprised of two marquee central London assets. Located in the heart of New Bond Street, 21-23 New Bond Street is ideally positioned among the main shopping strip of major international luxury […] Posted by: Mya Driver Read more
Sidra Purchases London Square for £40m Jun 22, 2023 Sidra Capital, a Saudi Arabian alternative asset management firm, has confirmed its acquisition of London Square, a multi-tenant office building in Guildford. The purchase, which cost just over 40 million pounds was made from M&G Real Estate. The property covers 133,290 square feet, includes three buildings, and provides 313 parking spaces. London Square is a […] Posted by: Mya Driver Read more
Greystar acquires BtR site in Stratford Jun 22, 2023 Greystar and Lifestory have exchanged contracts on an attractive BTR scheme, Stratford Mill, for £20 million. Consisting of 245 units, the site is located adjacent to Pudding Mill Lane station and benefits from excellent transport links into central London. Construction on site is due to commence in the second quarter of 2024, with completion anticipated […] Posted by: Mya Driver Read more
Hill Group partners with Harlow Council for regeneration Jun 19, 2023 A new public-private partnership has been launched which will deliver town centre and major housing regeneration in Harlow. Harlow Council and The Hill Group, one of the UK’s leading housebuilders, have joined forces to deliver a programme of new homes as part of the ambitious regeneration of the town. The Harlow Regeneration Partnership LLP is […] Posted by: Mya Driver Read more
Fiera Real Estate and Wrenbridge acquire a 15-acre site in prime West London location to develop c.£60m scheme Jun 19, 2023 Fiera Real Estate (“Fiera”) and Wrenbridge are pleased to announce the off-market acquisition of 14.8-acres in Heathrow, West London from Stonegate Homes. The business plan is to speculatively develop a Grade A urban logistics development with a GDV of c.£60m. This represents the fourth acquisition for the Fiera Real Estate Logistics Development Fund UK […] Posted by: Mya Driver Read more
New partnership will deliver Harlow’s once-in-a-lifetime regeneration Jun 14, 2023 A new public-private partnership has been launched which will deliver town centre and major housing regeneration in Harlow. Harlow Council and The Hill Group, one of the UK’s leading housebuilders, have joined forces to deliver a programme of new homes as part of the ambitious regeneration of the town. The Harlow Regeneration Partnership LLP is […] Posted by: Mya Driver Read more
Mare Street Market to open second, larger venue at King’s Cross Jun 13, 2023 King’s Cross has today announced it will be welcoming East London’s much-loved Mare Street Market to the neighbourhood. Totalling 18,000 sq. ft over two levels, it will offer 70% more space than the original Mare Street Market in Hackney and is the biggest venture to date from Mare Street’s owners, Barworks. Opening this autumn, Mare […] Posted by: Mya Driver Read more
LXi REIT – Profitable Disposal Jun 12, 2023 The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to announce that the Company has sold a retail park in St Albans (“the Property”) to a UK institution for £31 million, equating to a net initial yield of 4.7%. The Property is let to B&Q (62% of […] Posted by: Mya Driver Read more
LXi REIT plc – Profitable Disposal Jun 8, 2023 The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to announce that the Company has sold a retail park in St Albans (“the Property”) to a UK institution for £31 million, equating to a net initial yield of 4.7%. The Property is let to B&Q (62% of […] Posted by: Mya Driver Read more
GPE secures resolution to grant planning permission at Minerva House Jun 7, 2023 Great Portland Estates plc (GPE) announces that Southwark Council has resolved to grant planning permission for the high-quality redevelopment of Minerva House, SE1. The proposals, designed by Ben Adams Architects, are to re-use and extend the existing office building on the Southbank of the River Thames, which will be re-designed to meet GPE’s four strategic […] Posted by: Mya Driver Read more
