Built Environment Networking Blog: London News

British Land acquires £157m 12.5 acre site in North London bringing the urban logistics development pipeline to over £1bn

British Land announces that it has exchanged on the acquisition of three warehouses at Hannah Close, in Wembley for £157m with completion expected by mid February.  This is a development-led opportunity which aligns to our strategy of delivering new urban logistics space through the intensification and repurposing of existing buildings.  It is well located within […]

Posted by: Mya Driver

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British Land acquires three warehouses in £157m deal in North London

British Land announces that it has exchanged on the acquisition of three warehouses at Hannah Close, in Wembley for £157m with completion expected by mid February.  This is a development-led opportunity which aligns to our strategy of delivering new urban logistics space through the intensification and repurposing of existing buildings.  It is well located within […]

Posted by: Mya Driver

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British Land gains approval for fourth London Urban Logistics Scheme

British Land has received planning consent for a 644,000 sq ft multi-storey logistics scheme in Thurrock, Essex. The project, due to begin construction in Q1 2025, will provide occupiers with purpose-built logistics space suitable for use as a hub for last-mile deliveries and returns. The scheme is located adjacent to Junction 31 of the M25, […]

Posted by: Mya Driver

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British Library extension given green light by Camden Council

Last year, the British Library and its development partners Stanhope plc and Mitsui Fudosan UK Ltd (SMBL) submitted a planning application to extend, reorient and open up our St Pancras site. c The development will respond to the changing needs of our users, creating brand new spaces for culture, learning, research and business, which will […]

Posted by: Mya Driver

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Broadwater Farm estate set for £130m transformation

Residents living on the Broadwater Farm estate will see their lives transformed after plans to invest £130million on new council homes, safer streets and new community facilities were given the green light. Last night (Monday 5 December 2022) the council’s planning committee resolved to grant permission for 294 new council homes on the estate and […]

Posted by: Mya Driver

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Broadwood Capital Ventures into Prime Central London with £2.1m Loan

Alternative real estate lender, Broadwood Capital, has successfully finalised a £2.1m loan in prime central London. This loan is intended to fund the purchase of a property located in Covent Garden. The property, a 4,800 sq ft Grade II-listed building on Buckingham Street, has received planning permission to be transformed from office space into a […]

Posted by: Mya Driver

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Brookfield and Copley Point Embark on Fourth UK Warehouse Investment Near Heathrow

Global real estate entities, Brookfield and Copley Point Capital, have jointly invested in three distribution facilities valued around £54 million, situated near Heathrow Airport. The facilities, boasting a total area of 220,000 ft2, serve as air cargo hubs for courier companies DHL, Circle Express, and Air Menzies. This marks their fourth collaborative venture in the […]

Posted by: Mya Driver

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Brookfield and QIA invest £400m in long-term commitment to CWG

Investment in residential and life sciences as part of ongoing strategic repositioning of Estate Canary Wharf Group (“CWG”), the developer of the largest urban regeneration project in Europe, announces that its shareholders, Brookfield and the Qatar Investment Authority, have committed £400 million to the company by way of a £300 million equity subscription and a […]

Posted by: Mya Driver

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Brookfield Asset Management Finalises £635m London Office Purchase

Brookfield Asset Management has completed a substantial £635 million acquisition of a major office property at 30 Fenchurch Street in London, underscoring its confidence in the capital’s office market. The deal involves a 550,000 square foot office building, with strong occupancy levels and excellent transport connections, including the new Elizabeth Line. Brad Hyler, Managing Partner […]

Posted by: David Gilbank

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