Cohort Capital Finalizes £73m Refinancing for Iconic Covent Garden Hotel Oct 16, 2023 Cohort Capital has successfully concluded a £73 million refinancing agreement with a Qatari-based group for the esteemed NoMad Hotel located in London’s historic Covent Garden. This iconic 91-bedroom boutique hotel, set within an 18th-century Grade II listed building, previously functioned as the Bow Street Magistrates Court and Police Station. After comprehensive refurbishments between 2018 and […] Posted by: Mya Driver Read more
Luton Airport to Undergo Major Expansion with Passenger Capacity Set to Rise Oct 16, 2023 Luton Airport, one of London’s key travel hubs, has received approval for a significant expansion, boosting its annual passenger capacity from 18 million to 19 million. This comes alongside the green light for the dual-laning of Airport Way, aiming to streamline the incoming and outgoing traffic. This decision followed a thorough local inquiry, initiated after […] Posted by: Mya Driver Read more
£1 Billion Regeneration Plan for Carpenters Estate Set to Provide Over 2,000 Homes Mar 4, 2024 The London Legacy Development Corporation (LLDC) Planning Decisions Committee has recently endorsed a £1 billion regeneration strategy for the Carpenters Estate in London, paving the way for the construction of 2,152 new homes. Spearheaded by Newham Council’s housing company, Populo Living, this project is a significant step towards addressing housing needs in the area, with […] Posted by: Mya Driver Read more
£105m loan secured for Scape Living Hammersmith student scheme Jan 24, 2024 A £105 million loan to fund the development of a student accommodation project by Scape Living in Hammersmith, West London, from NatWest and Virgin Money, has been secured Dominus Group have also backed the project by way of a forward funding agreement to Scape Living. During the three year deal, Virgin Money and NatWest will […] Posted by: Mya Driver Read more
£16 Million Refurbishment Loan Boosts London Student Housing Project Mar 1, 2024 Fiduciam has recently finalised a £16 million financing deal aimed at transforming a London property into desirable student accommodation. This funding arrangement combines acquisition and refurbishment financing, enabling significant upgrades before the property is occupied by university students. A seasoned real estate investment group, known for revitalising underperforming assets, is at the helm of this […] Posted by: Mya Driver Read more
£1bn project to move London fish and meat markets to Dagenham Nov 21, 2022 The City of London Corporation has approved plans for a major regeneration programme, which will see London’s historic wholesale markets relocated to a purpose-built site in Dagenham Dock, bringing thousands of jobs to the area. Today (November 17), the Court of Common Council – the City Corporation’s principle decision-making body – voted to deposit a Private […] Posted by: Mya Driver Read more
£2 Billion Regeneration Effort to Revitalise Royal Docks Announced Mar 8, 2024 London’s Royal Docks is set for a £2 billion regeneration, announced by Mayor Sadiq Khan, aiming to breathe new life into the historic area. The ambitious plan seeks a fresh development partner for the Royal Albert Dock, following a previous initiative that failed to draw Asian businesses, leaving the site with vacant office blocks. Khan’s […] Posted by: Mya Driver Read more
£243m ICG loan funds 484 new BtR homes at Related Argent’s Heart of Hale London scheme Oct 2, 2023 Related Argent has agreed a £243m loan with ICG Real Estate for the delivery of a landmark Build-to-Rent (BtR) scheme in Tottenham Hale, London featuring 484 new rental homes. ICG Real Estate provided the construction loan as part of its Real Estate Debt strategy. The new BtR homes represent the second and final phase of the […] 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
£27m low-carbon energy investment announced for London Borough homes Jul 29, 2022 More than 10,000 Haringey homes in the east of the borough will receive low-carbon, sustainable energy after the council was awarded £27.8m funding The Tottenham Hale and Broadwater Farm District Energy Network (DEN) and the Wood Green DEN will help support Haringey’s goal of becoming net zero carbon by 2041, as well as deliver ambitious […] Posted by: Mya Driver Read more
£34m funding to unlock luxury hotel at historic London office Dec 6, 2021 OakNorth Bank has provided a £34.3m loan to a property business founded by entrepreneur, Alex Shamash, and joint venture partner Boscalt Hospitality, a fund that is a member of Edmond de Rothschild Private Equity partnerships. The capital will be used to convert the 15 Old Bailey property from office space into a new luxury hotel, […] Posted by: Mya Driver Read more
£365m Starwood Capital loan unlocks redevelopment of London shopping centre Jan 10, 2022 Get Living, the UK’s leading build-to-rent operator of large-scale neighbourhoods, has secured a £365m development loan from controlled affiliates of Starwood Capital Group, which represents one of the UK’s biggest development loans in the past year, to fund the redevelopment of the former Elephant & Castle Shopping Centre. The loan facility with Starwood Capital, which […] Posted by: Mya Driver Read more
