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
Howard Kennedy acquires Corbett & Co. specialists in International Construction Disputes Mar 13, 2023 London law firm Howard Kennedy has strengthened its Construction and International Arbitration practices through the acquisition of Corbett & Co., an international construction law boutique. The acquisition sees the arrival of a team of 7 lawyers, including three new Partners and Corbett & Co.’s well-known principal, Edward Corbett, as a Consultant. They bring a wealth […] Posted by: Mya Driver Read more
Cheyne Capital Completes £123m Senior Loan for Mixed-Use Scheme in South London Mar 9, 2023 Cheyne Capital Management (UK) LLP (“Cheyne”), the global alternative asset manager, today announced that it has provided a £122.8m senior loan to MARK, the pan-European real estate investment manager, to refinance a newly developed, mixed-use scheme known as Borough Yards in south London. The loan provided was used to refinance the existing lender group following […] Posted by: Mya Driver Read more
£258m Development Facility Secured on Flagship Kensington Residential Development Mar 7, 2023 A four-year £258 million development loan has been secured to fund the delivery of a 462-home prime residential-led scheme in Kensington, West London. Maslow Capital, a leading provider of real estate finance, has completed on the facility to support the development at 100 West Cromwell Road, a 50:50 joint venture between leading UK developer SevenCapital […] Posted by: Mya Driver Read more
Capital West London to exhibit at UKREiiF 2023 Feb 23, 2023 Capital West London have confirmed their participation at The UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. Capital West London is an established cross-borough approach to driving economic prosperity and business growth across the sub-region of West London. The programme was commissioned in 2017 […] Posted by: Mya Driver Read more
Bringing the wonder back to Earls Court – The Earls Court Development Company reveals plans for transformation of 40 acre largely derelict site Feb 22, 2023 “Like a London jigsaw missing its final piece, this 40-acre site is perhaps Central London’s most significant redevelopment opportunity. The site has an illustrious past which is a continual source of inspiration for us as we look towards the future. The Earls Court Development Company (ECDC) has today unveiled a draft masterplan to deliver on […] Posted by: Mya Driver Read more
Avanton secures planning permission for £30m warehouse complex redevelopment in Battersea Feb 22, 2023 Leading London investor-developer Avanton has secured planning permission for the redevelopment of industrial complex Culvert Court in Battersea, following acquisition of the site in June 2022. As the first logistics site in their growing investment portfolio, the consented plans provide for a modern complex with a completed GDV of £30 million. Located at 105 Culvert […] Posted by: Mya Driver Read more
Dalata Hotel Group announces purchase of new London hotel for £44.3 million Feb 20, 2023 Dalata Hotel Group plc (“Dalata” or “the Group”), the largest hotel operator in Ireland, with a growing presence in the United Kingdom and continental Europe, is pleased to announce the addition of a new 192-bedroom hotel at 240 Seven Sisters Road, Finsbury Park, North London to its hotel portfolio. Under the transaction, Dalata has acquired […] Posted by: Mya Driver Read more
