Metro Bank completes £16m refinancing deal with Criterion Capital for Zedwell Hotel expansion Sep 18, 2024 Metro Bank has finalised a £16mn, five-year funding package with Criterion Capital to refinance Zedwell Greenwich, which opened in October 2023. This investment is central to Criterion Capital’s ambitious expansion strategy of transforming obsolete buildings into lifestyle hotels. With 13 more Zedwell hotels planned by 2027 across the UK, the brand is set to have […] Posted by: Deividas Krupstas Read more
Eatos Group acquire £16.5 million Central London asset Sep 18, 2024 Eatos Group has acquired mixed-use property in Central London for £16.5 million. The property, located on Great Sutton Street in Clerkenwell, consists of a retail showroom and 27 residential apartments situated above it. The 27 apartments feature a mix of living spaces, including 2 studios, 4 one-bed, 15 two-bed, and 5 three-beds, across two buildings. […] Posted by: Deividas Krupstas Read more
Plans submitted for £10bn West London neighbourhood Sep 17, 2024 The Earls Court Development Company has submitted proposals for a 7.5 million sq ft masterplan to transform a development site in central London. The site where the Earls Court Exhibition Centres once stood will be redeveloped into a 106 billion West London neighbourhood, featuring 4,000 homes. The homes will be surrounded by 20 acres of […] Posted by: Deividas Krupstas Read more
M&G sees “high-end” recovery in London’s West End as it strikes deal on prime retail assets Sep 12, 2024 M&G announces that it has extended a sizeable commercial real estate loan secured against a multi-million pound portfolio of super-prime central London retail assets in Mayfair including the Gucci store at 144/146 New Bond Street and a significant portion of retail and residential assets on St Johns Wood High Street. It reflects the rebound in […] Posted by: Deividas Krupstas Read more
BC Partners Real Estate and Simten London mixed-use scheme takes step forward Sep 11, 2024 The High Court has dismissed the Judicial Review (JR) brought against Camden Council’s decision to grant planning permission for the redevelopment of One Museum Street in central London for the second time. The ruling, delivered by the Honourable Mrs Justice Lang DBE and confirming a previous High Court judgement handed down in July, reaffirms that […] Posted by: Deividas Krupstas Read more
City of London approval secured for 174-unit Co-Living scheme Sep 11, 2024 The City of London Corporation’s Planning Applications Sub-Committee has, today, approved a new ‘Co-Living’ development at 45 Beech Street. Also known as Murray House, the proposals will see the building partially demolished and then extended to deliver 174 private rental co-living units, with a range of internal and external amenity spaces, including communal cooking, dining […] Posted by: Deividas Krupstas Read more
350 Home Cockfosters Tube Station Housing Development Approved by Government Sep 3, 2024 The government has granted approval for a new housing development at Cockfosters Tube station in north London, paving the way for the construction of 350 new homes. The development, which will consist of four residential blocks, will be built on the site of the station’s former car park. Transport for London (TfL) had initially sought […] Posted by: Mya Driver Read more
Brookfield Seeks Buyer for £500m Citypoint Tower in London Sep 2, 2024 Brookfield, the Canadian investment firm, has placed the Citypoint skyscraper in London up for sale with an asking price of £500 million. The sale comes as the company looks to secure a buyer ahead of the building’s approaching debt maturity. Citypoint, a prominent feature of London’s skyline, has attracted interest due to its prime location […] Posted by: Mya Driver Read more
Plans Announced for New 17-Storey Student Accommodation and Hotel in Woolwich Aug 30, 2024 Plans have been revealed for a new 17-storey building in Woolwich, set to include over 300 student rooms and a 265-room hotel. The proposed development, Riverside House, has been submitted to the council by the MDPL Group and would be located on Beresford Street, Greenwich. The project outlines 332 student rooms, with half designated as […] Posted by: Mya Driver Read more
£1bn Westferry Printworks Redevelopment Set for Approval in London Aug 28, 2024 The £1bn redevelopment of the former Westferry Printworks site in Tower Hamlets, London, is expected to receive approval today after nearly a decade of planning. Tower Hamlets council officers have recommended conditional approval of the scheme, which will include 1,358 homes, a secondary school, and commercial space near Canary Wharf. The project, managed by developer […] Posted by: Mya Driver Read more
