Crystal Palace’s £100M stadium expansion approved Oct 21, 2022 Crystal Place Football Club’s updated planning application for a new Main Stand at Selhurst Park has been approved by Croydon councillors, paving the way for a transformation of the stadium. Croydon’s planning committee first gave the application the green light four years ago, but it was delayed by the COVID pandemic and the Club recently […] Posted by: Mya Driver Read more
Invesco backs UKREiiF sponsor Related Argent’s £8bn Brent Cross Town development Oct 20, 2022 Related Argent, one of the most respected owner, developer, operators in UK property and a sponsor at UKREiiF, has formed a joint venture with Invesco Real Estate, the global real estate investment manager which is acting on behalf of a US separate account client, to deliver £600m of Gross Development Value (“GDV”) at the £8Bn […] Posted by: Mya Driver Read more
Council presents plans for streamlined £150m regeneration of Oxford Street Oct 13, 2022 Westminster Council have revealed updated proposals to revive Oxford Street and a number of surrounding areas with a combination of council and private sector funding. Originally, the scope of the £150m works extended from Marble Arch to Tottenham Court Road, and were intended “.to respond to the changing needs and interests of residents, visitors and […] Posted by: Mya Driver Read more
Blackstone to develop new, expanded headquarters on London’s iconic Berkeley Square Oct 10, 2022 Blackstone (NYSE: BX), the world’s largest alternative asset manager, announced that it has reached an agreement to establish a newly constructed, purpose-built European headquarters located in its long-term London home, Berkeley Square. Blackstone has been a major investor in Europe for more than two decades with substantial investments across its private equity, real estate, infrastructure, […] Posted by: Mya Driver Read more
Unite Students moves into BtR investment with £71m test Oct 10, 2022 Unite Students, the UK’s leading owner, manager and developer of student accommodation, has acquired 180 Stratford, a 178-unit purpose-built build-to-rent (‘BTR’) property in Stratford, East London for £71m. The acquisition will enable the Group to test its operational capability to extend its accommodation offer to young professionals and retain them as customers as they move on to […] Posted by: Mya Driver Read more
East London £1.3bn housing estates renewal Oct 7, 2022 Barking and Dagenham Council has called for bidders to assist in its ambitious estate renewal plans. The council is conducting several large estate regenerations that involve demolition of existing housing blocks and the construction of around 4,000 replacement homes, along with community and retail space and provision of enhanced public realm. The plans include the […] Posted by: Mya Driver Read more
The Land Managers acquires office building in London’s West End for £30 mil Oct 6, 2022 The Land Managers, the real estate investment arm of the John Lim Family Office, announced on Oct 6 the acquisition of a 972-year leasehold office building, 6 Cavendish Place, in London for £30 million. “This is a landmark acquisition for us as it is our first direct acquisition in the UK,” says Andy Lim, CEO […] Posted by: Mya Driver Read more
Plans submitted for London city 21-storey City block Oct 6, 2022 Proposals have been submitted by Developer Dominvs Group to replace a five-storey 1980s office building in the City of London with a 21-storey student housing development. The scheme, designed by 3XN Architects in conjunction with executive architect TP Bennett, would mean the Chapman Taylor’s Friary Court building near Fenchurch Street Station would be demolished. The […] Posted by: Mya Driver Read more
GPE sells 50 Finsbury Square, EC2 for £190 million Oct 4, 2022 Great Portland Estates plc (GPE) has exchanged contracts on the sale of the freehold of 50 Finsbury Square, EC2 to a wholly owned subsidiary of Wirtgen Invest Holding GmbH, a private German family office. The headline price of £190.0 million (subject to adjustment for final building area and retail leasing) reflects a topped up net […] Posted by: Mya Driver Read more
£500M plans for Liverpool Street tower to be submitted next spring Oct 3, 2022 Massive plans to redevelop Liverpool Street station with designs by Herzog & de Meuron for a 20-storey block above part are expected to go before council leaders in early 2023. Sellar, the developers of The Shard, is speaking to Network Rail about developing one million sq ft of mixed-use space at the site as well […] Posted by: Mya Driver Read more
