Cheyne Capital Real Estate Lends £150m to Finance Office Site in the City of London Apr 5, 2023 Global alternative asset manager Cheyne Capital Management (UK) LLP (“Cheyne Capital”), today announced that it has provided a £150 million senior loan to a joint venture between Castleforge, the UK-based private real estate investor, and its Malaysian partner, Gamuda Berhad. The loan will be used to fund the acquisition of Winchester House, a 317,000 sq […] Posted by: Mya Driver Read more
Willmott Dixon to build £40m health centre in Hounslow Apr 4, 2023 Willmott Dixon has been chosen by Hounslow Council and the NHS to deliver a state-of-the art £40m health centre in Chiswick. The Chiswick Health Centre will replace an existing facility to provide a modern local community healthcare environment for residents with a broader range of GP services, including community and mental health services. It was […] Posted by: Mya Driver Read more
Seven premium build-to-rent schemes to be built by new Apache Capital and Harrison Street Real Estate Capital joint venture Mar 31, 2023 Apache Capital has formed a joint venture with Harrison Street Real Estate Capital that, with additional investment from National Farmers Union Mutual Insurance Society Limited and Apache Capital, intends to fund the development of up to seven premium build-to-rent schemes across England and Scotland. The New Platform has successfully closed and recently began construction on […] Posted by: Mya Driver Read more
Thames freeport given green light by UK Government Mar 24, 2023 The Thames Freeport has been given the go ahead to formally constitute its board and start operating fully, following the approval of the final business case by the UK Government. The Freeport is an economic zone located in the Thames Estuary and UK’s largest port – the Port of London. With 1,700 acres of development […] Posted by: Mya Driver Read more
Countryside Partnerships closes £80m of deals across two BTR assets with Sigma Capital Group Mar 24, 2023 Countryside Partnerships and leading built-to-rent (BTR) provider Sigma Capital Group have agreed two deals to deliver a total of 190 BTR homes with a combined value of just under £80m on two of its major mixed-tenure schemes. At Clapham Park, the £1bn South London regeneration scheme that Countryside Partnerships is delivering in joint venture with […] Posted by: Mya Driver Read more
Hampshire Trust Bank completes £21.1m development finance facility Mar 22, 2023 Hampshire Trust Bank (HTB) has completed a £21.1m development exit and construction loan facility for a mixed-use development in North London. The client was developing 48 high-quality apartments and two commercial units, as well as providing a new park for the local community. The broker, Adam Stiles of Helix Structured Finance, contacted HTB for the […] Posted by: Mya Driver Read more
Maslow Capital provides £114m loan for the delivery of Central London PBSA project Mar 22, 2023 Maslow Capital, a leading provider of real estate development finance, has announced the completion of a £114 million development facility, supporting Union Property Development with the delivery of their 356 bed, Purpose-Built Student Accommodation (PBSA) scheme in Paddington, Central London. Union Property Development are an experienced family-owned property development, management and investment business, with a portfolio extending across the UK. With the […] Posted by: Mya Driver Read more
Investec provides GSA with £85m loan to refinance and partially refurbish five UK PBSA assets Mar 22, 2023 21 March 2023: Investec Real Estate (“Investec”) announces that it has provided Global Student Accommodation (“GSA”), the global leader in purpose-built student accommodation (“PBSA”), with an £85 million loan to support the refinance and partial refurbishment of five UK PBSA assets. The properties provide a total of 1,460 beds to students in London, Lincoln, Newcastle, Nottingham, […] Posted by: Mya Driver Read more
CBRE to market major King’s Cross development site Mar 16, 2023 Royal College Place – one of the last major land parcels in King’s Cross, London NW1 – is being offered to the market by global real estate advisor, CBRE, acting on behalf of the Royal Mail Group Ltd and Parcelforce Worldwide. Parcelforce Worldwide will permanently relocate its Royal College Place operations away from the site […] Posted by: Mya Driver Read more
Cohort Saves Developers £12m Deposit With £22m Acquisition Facility Mar 14, 2023 Cohort Capital provided an acquisition facility of £22m at 60% LTV for the purchase of 50 Brook Green, W6 7BJ, a 40,000 sqft office asset, formerly a school which now has planning for 33 high end residential apartments. The loan was made to a US Fund, who will deliver the conversion with a development facility […] Posted by: Mya Driver Read more
