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
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
