Grosvenor and Mitsui Fudosan UK team up for Mayfair transformation Sep 27, 2022 A new joint venture between Grosvenor and Mitsui Fudosan UK, the European operation of leading Japanese real estate developer Mitsui Fudosan, has been formed to deliver a key element of a sustainable mixed-use development in London’s Mayfair. Focusing on the 263,000 sq ft North and South blocks of the South Molton Triangle scheme, the partnership […] Posted by: Mya Driver Read more
Government pledges £233 million infrastructure funding to bring dockland site back to life Sep 22, 2022 Homes England will provide £233m of infrastructure loan funding to bring to life a new £3.5bn neighbourhood at Silvertown, East London as part of one of the country’s most significant regeneration projects. Sitting within London’s only Enterprise Zone at the Royal Docks, the Silvertown site in Newham has been derelict for the last 40 years […] Posted by: Mya Driver Read more
Plan for 48-floor tower in London’s Square Mile Sep 15, 2022 Plans to build a 48-floor office tower close to the Broadgate development by Chinese firm Giant Mind. Architect SOM is working up designs ahead of submitting a planning application for the 41,000 sq m scheme. Proposals include a terrace at mid-level on the 200m tall building. New plans replace previous proposals approved by Hackney Borough […] Posted by: Mya Driver Read more
20-storey London tower block and homeless shelter set for approval Sep 13, 2022 Two tower blocks with nearly 100 flats and a homeless shelter could be built in Central London. Over £50 million could be spent redeveloping the St Mungo’s premises in Harrow Road and building a 20-storey tower with flats for rent, along with a nine-storey homeless centre for the charity next door. The new homeless centre […] Posted by: Mya Driver Read more
Aviva Investors surpasses £1bn sustainable transition loans target three years early May 23, 2022 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces that it has provided a £227 million sustainability-linked refinancing to property group Romulus, on behalf of Aviva UK Life’s annuity business. Romulus is a London-based investment and development company who own and manage a mixed-use portfolio of over one million square feet. Significantly, […] Posted by: Leon Newton Read more
PIC invests additional £50m in LSE to promote carbon neutrality Apr 19, 2022 Pension Insurance Corporation (PIC) has directly invested a further £50m of debt in the London School of Economics (LSE) to fund sustainable projects, including the development of the university’s first carbon neutral building. The transaction follows PIC’s previous £129m investment with LSE and DIF Capital Partners to fund the development of a 676-bed student residence in London. […] Posted by: Mya Driver Read more
Opportunity London delegation sees all the capital’s 33 local authorities showcased at UKREiiF Apr 11, 2022 The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) has secured Opportunity London as a partner for May’s inaugural conference in Leeds. UKREiiF is set to bring together thousands of delegates comprising of investors, funders and developers who are all looking for new opportunities across the UK – and the delegation from London’s 33 local […] Posted by: Mya Driver Read more
London First: The built environment’s role in accelerating post-pandemic recovery Apr 11, 2022 Since the work from home guidance ended earlier this year, it has been fantastic to see so many people return to our great capital. Whether it is to take in a show in one of our world-class theatres, enjoy a meal, stay in a hotel, or to return to the office, London is coming back. […] Posted by: Mya Driver Read more
Quintain secures £45m loan from Investec Apr 6, 2022 Investec Real Estate announces that it has provided Quintain, the leading mixed-use developer and major regeneration specialist, with a £45 million investment facility secured against The Hive, a Grade-A office building in Wembley Park. The loan refinances an existing facility and represents the first transaction between Investec and Quintain. It demonstrates Investec’s strong conviction in […] Posted by: Mya Driver Read more
Précis Capital and Carlyle form Partnership to finance £250m to Moda Living Jan 24, 2022 The partnership between Précis Capital and Carlyle will finance development loans in the residential asset class, where the acute long-term structural undersupply within the UK’s housing market continues to present compelling investment opportunities, and has already completed its first two loans, with a cumulative value of over £330 million The facility will be used to […] Posted by: Mya Driver Read more
