Meadow Partners and Citivale secure industrial asset in London Oct 23, 2024 Meadow Partners and Citivale Group Holdings have purchased Zodiac Park in West Drayton in Greater London. The purchase price from DTZ Investors hasn’t been disclosed. The asset covers over 120,000sq ft and was built back in 2001. There are currently eight units on the site with almost 100% occupancy. Citivale’s CEO, James Appleton-Metcalfe, said: “We […] Posted by: Mya Driver Read more
Greystar secured £68.5m debt facility from Societe Generale for London scheme Oct 23, 2024 Greystar, a global leader in the investment, development and management of real estate, including rental housing, logistics, and life sciences, today announces the close of a £68.5 million debt facility, arranged by Societe Generale. The brownfield site will be regenerated for Greystar’s Stratford Mill project to provide 247 apartments. 42 of these will be affordable […] Posted by: Deividas Krupstas Read more
Sutton Council confirms Genr8 Kajima Regeneration as town centre development partner Oct 22, 2024 Sutton Council has announced its preferred development partner for the next exciting phase of its town centre regeneration. The plans for the St Nicholas Shopping Centre, Civic Offices, Gibson Road car park and Secombe Theatre sites will see a brand new Civic Hub open in the heart of the town centre. The Hub will offer […] Posted by: Deividas Krupstas Read more
Newcore secures £80m HSBC refinancing deal Oct 22, 2024 Newcore has secured a £40m debt facility from HSBC, comprising of £20m senior loan and £20m revolving credit, in addition to a further £40m accordion facility. The funding will help Newcore with their fifth value-add fund titled Newcore Special Situations V which closed min May with circa £190m in equity contributions. The fund is targeting […] Posted by: Deividas Krupstas Read more
Crosstree Real Estate Partners and Bloom Secure £29m Loan Oct 17, 2024 Crosstree Real Estate Partners and Bloom have secured a £29 million loan to fund the repositioning of the Fairview Business Centre, a multi-let industrial estate in Hayes, west London. This marks the first acquisition under their newly formed joint venture, which is focused on transforming industrial and logistics properties, with an emphasis on last-mile logistics. […] Posted by: Deividas Krupstas Read more
The Leonardo Hotel at London Heathrow Airport Goes on the Market for £30 Million Oct 17, 2024 The Leonardo Hotel at London Heathrow Airport, a premium four-star property, has been put up for sale with a guide price of £30 million. Located near one of the world’s busiest airports, this sale presents a prime investment opportunity in London’s dynamic hospitality sector. Refurbished in 2020, the hotel offers 230 en suite bedrooms, a […] Posted by: Deividas Krupstas Read more
Planning consent secured by Legal & General for £750m hyperscale data centre Oct 16, 2024 Legal & General (‘L&G’), specialist digital infrastructure investment firm Goldacre, and data centre development partner sineQN, announce planning has been approved for a £750m sustainable, urban hyperscale data centre investment located in the London Borough of Newham. The development is expected to contribute £88m to Newham’s GVA (gross value added), creating over a thousand skilled […] Posted by: Deividas Krupstas Read more
Planning Approval Granted for New 52-Storey Residential Tower on the Isle of Dogs Oct 15, 2024 A major milestone in the development of London’s Isle of Dogs has been achieved with the recent planning approval for One East Point, a 52-storey residential tower. This project will soon rise above the Millwall Inner Dock, adding to the growing skyline of high-rise buildings in the area. Standing at approximately 170 meters tall, One […] Posted by: Deividas Krupstas Read more
SEGRO sells Park Royal asset for £115 million Oct 15, 2024 SEGRO plc announces the sale of SEGRO Park Victoria Road in Park Royal, West London to the Imperial College London for a base consideration of £115 million, a premium to book value. The 10-acre urban warehouse estate has been owned by SEGRO since the acquisition of Brixton plc in 2009. SEGRO has actively managed the […] Posted by: Deividas Krupstas Read more
Oxygen Asset Management Acquires London Office Building Oct 11, 2024 Oxygen Asset Management has successfully acquired 11 Leadenhall Street, a freehold office building located in the heart of the City of London. Spanning 15,117 square feet, this property marks a significant milestone as the firm’s first acquisition within its London value-add office strategy. Founded in 2004, Oxygen Asset Management is known for its expertise in […] Posted by: Deividas Krupstas Read more
