Unite Students acquires new site in Stratford, London Jan 10, 2023 Unite Students, the UK’s leading provider of student accommodation, has completed the acquisition of Jubilee House, in Stratford, for £73million. The existing office building full planning consent for a 36-storey scheme, providing 716 beds for students. The development in Farthingale Walk, Stratford, London, will also incorporate 65,000 sq ft of academic space, which will be occupied […] Posted by: Mya Driver Read more
OakNorth Bank completes £9.8m loan to Eccleston Square Hotel Dec 20, 2022 OakNorth Bank has provided a £9.8m loan to boutique London hotel, Eccleston Square Hotel. The capital will be used to refinance existing debt and support the hotel’s future growth strategy. Previously known as Elizabeth Hotel, the five-storey, grade-II listed site was converted from a B&B in 2010, is managed by Olivia Byrne, and comprises of 39 double […] Posted by: Mya Driver Read more
Opportunity London delegation to bring 24 of the capital’s local authorities to UKREiiF 2023 Dec 20, 2022 Opportunity London, a major campaign to attract sustainable investment to the capital, has confirmed it will be bringing 24 London boroughs, alongside the Greater London Authority and City of London Corporation to the UK’s Real Estate Investment & Infrastructure Forum (UKREiiF), which is set to take place between 16-18 May, in Leeds. UKREiiF is set to […] Posted by: Mya Driver Read more
LondonMetric JV acquires a NNN retail asset in South East London for £38 million Dec 15, 2022 LondonMetric Property Plc has acquired a NNN retail asset from an open ended property fund for £38.0 million through one of its joint ventures (LondonMetric share: £19.0 million). This reflects an initial yield on cost to LondonMetric of 5.4%, rising to 5.7% upon completion of short term asset management initiatives. The 68,000 sq ft property is located on […] Posted by: Mya Driver Read more
Natwest provides £285m debt funding package to unlock £1bn 3,000 home delivery programme Dec 13, 2022 Natwest has secured a debt financing deal which will help Sigma Capital Grown and EQT to deliver 3,000 new homes in London. The homes, which will have a value of circa £1bn, support the JV put in place by Sigma and EQT who also have a number of acquisitions planned over the course of the […] Posted by: Mya Driver Read more
AXA IM Alts acquires highly sustainable student scheme in London Dec 12, 2022 AXA IM Alts, a global leader in alternative investments with c. £159 billion of assets under management, announces that it has acquired Vita Student Lewisham Exchange, a 758-bed purpose built student accommodation (“PBSA”) scheme in Lewisham, Southeast London. The acquisition, on behalf of clients, has been made from Vita Group, which has developed nearly 10,000 […] Posted by: Mya Driver Read more
Plans approved for up to 995 new homes at St Ann’s New Neighbourhood Dec 7, 2022 Housing association Catalyst – part of the Peabody Group – and development partners The Hill Group have been given the green light by Haringey Council for the redevelopment of a site adjacent to St Ann’s Hospital, South Tottenham. The redevelopment will provide up to 995 new homes, 60% of which will be affordable, delivering much-needed […] Posted by: Mya Driver Read more
Oxenwood and Graftongate secure planning consent for East London last-mile logistics development Dec 7, 2022 Oxenwood Real Estate, the UK and European real estate investment management firm, and Graftongate, the real estate developer, have secured planning consent to develop a last-mile logistics facility in Barking, east London. The consent from Barking and Dagenham Council will enable the build-to-suit development of a 59,000 sq ft facility, Power59, on a 2.2-acre site on […] Posted by: Mya Driver Read more
Pocket Living receives double permission for over 500 homes including developer’s first for rent Nov 22, 2022 Innovative housing developer Pocket Living has secured two unanimous planning committee decisions, days apart, for two housing developments in London, totalling almost 500 homes aimed at London’s middle-income workers who keep the city vibrant and dynamic. The two permissions demonstrate the breadth of Pocket’s offer to this market as the development at Atlas Road will […] Posted by: Mya Driver Read more
Arc & Co. and Alpha Property lending complete £7m bridge Nov 8, 2022 Alpha Property Lending has completed a £7m development exit loan for a newly completed development of 8 houses and 2 apartments in East London. Alpha Property Lending provided a fixed rate loan, giving the Borrower certainty in a volatile interest rate market. The loan was used to repay development finance and will enable the developer time […] Posted by: Mya Driver Read more
