Built Environment Networking Blog: London News

Canada Water Dockside given green light by Southwark Council

Art-Invest Real Estate (Art-Invest) announces that on 13 September 2023 Southwark Council resolved to grant permission for detailed designs at Canada Water Dockside, its c.1.5 million sq ft (140,000 sqm) commercially-led, landmark scheme in Canada Water.   A 4.5-acre site, Canada Water Dockside is one of London’s largest and most innovative developments that sits at […]

Posted by: Mya Driver

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CapitaLand Acquires Digital Realty Data Centre in London for £125.1 Million

Singaporean investment firm CapitaLand has completed the acquisition of a Digital Realty data centre located in Watford, just north of London, UK. The purchase, made through CapitaLand Ascendas REIT Management Limited, was finalized for £125.1 million ($159 million). The acquired property is believed to be the Chess Building, a 31MW data centre encompassing 25,000 square […]

Posted by: Mya Driver

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CapitalRise Secures £6.5 Million Loan for Mayfair Luxury Dwelling Development

CapitalRise, a property finance lender, has confirmed a £6.5 million development loan for the refurbishment of a Mews House in Mayfair, one of London’s most sought-after districts. This financial support will enable the transformation of the terraced house into a luxurious three-bedroom home. The property, which spans five floors, is set to undergo significant enhancements. […]

Posted by: Mya Driver

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Carter Jonas Achieves Planning Consent for Barking Community Hospital

National property consultancy Carter Jonas has secured planning consent on behalf of Barking, Havering and Redbridge University Hospitals NHS Trust for a brand new Community Diagnostic Centre for Barking. Consent was awarded by London Borough of Barking and Dagenham on 7th June 2023. The 0.1ha site has been host to the Barking Community Hospital for […]

Posted by: Mya Driver

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Castleforge and Galaxy Data Centres to acquire Redhill Data Centre

Real estate investor Castleforge in partnership with full-service data centre operator and advisory firm Galaxy Data Centers, announced today the acquisition of Redhill Data Centre with a development value of over £100 million.  This partnership marks Castleforge’s entry into the data centre sector, combining their expertise in operational real estate investment with Galaxy Data Centers’ deep industry […]

Posted by: Deividas Krupstas

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Castleforge Secures £115 Million Loan to Transform Office Building in London’s Square Mile

Real estate investment firm Castleforge has secured a significant £115 million loan to support the redevelopment of 1 Golden Lane, an iconic Grade II listed office building in London’s Square Mile. This substantial financial backing will enable Castleforge to proceed with its ambitious vision for the property, reaffirming its commitment to redefining modern workplaces with […]

Posted by: Deividas Krupstas

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Catalyst and Hill submit plans for 1,000 homes in Haringey

Catalyst and development partner The Hill Group have submitted a hybrid planning application to Haringey Council for a mixed-use development on a site adjacent to St Ann’s Hospital in South Tottenham. When approved, the redevelopment will include up to 995 new homes, 60% of which will be affordable – helping to deliver much-needed housing in […]

Posted by: Mya Driver

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CBRE Investment Management to Undertake Major Office Refurbishment at Prime City of London Location

CBRE Investment Management (“CBRE IM”) has announced a comprehensive repositioning of 10 Gresham Street, London following planning consent from The City of London Corporation. The Foster + Partners designed building has been reimagined by leading architecture practice, Gensler to deliver a high-performance office environment with a focus on sustainable resource use. Meeting the needs of […]

Posted by: Mya Driver

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Central London resi market hits 5-year high

Planning applications and permissions for Prime Central London (PCL) residential property in 2021 reached the highest level since 2016, according to new research from Global real estate advisor, CBRE. A total of 1,675 applications and permissions were submitted for PCL in 2021. This represents an increase of 140% when compared with 2020 which saw 698 […]

Posted by: Mya Driver

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Chadwell Heath Residential Project Secures £15m Development to Investment Loan in a Boost to UK Housebuilding

A residential property development in East London has been refinanced, following a bespoke £15m development to investment loan from Secure Trust Bank (STB) Real Estate Finance (REF). Situated in Chadwell Heath, an area rising in popularity for new property development schemes, the eight-story building will provide 55 high-quality residential units comprising of between one to three bedrooms. […]

Posted by: Mya Driver

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Chancerygate and Bridges Fund Management granted planning for £40m sustainable urban logistics development in Hayes, West London

Developer Chancerygate and specialist sustainable and impact investor Bridges Fund Management have been granted planning to speculatively build a highly sustainable 90,000 sq ft Grade A urban logistics development in Hayes, west London. Called Harlequin Business Park, once complete the scheme will comprise nine units ranging from 5,100 sq ft to 39,700 sq ft and […]

Posted by: Mya Driver

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Chancerygate submits plans for £32m

Developer Chancerygate has submitted plans to speculatively build 82,400 sq ft of Grade A urban logistics and warehousing space in Leatherhead.   Called Victory Park, the proposed scheme will comprise 13 leasehold units ranging from 3,000 to 19,000 sq ft. The projected gross development value is around £32m. The 4.6-acre site, which was formerly office and […]

Posted by: Mya Driver

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