Built Environment Networking Blog: London News

Civitas Social Housing is nearing a private acquisition deal

Civitas Social Housing PLC (LSE:CSH) has lowered the minimum shareholder voting threshold to facilitate the £485 million private acquisition bid from CK Asset Holding. The required percentage of voting rights has been decreased from 75% to 50%, essentially making the offer unconditional as CK Asset Holdings has already acquired over 60% of voting rights. Civitas […]

Posted by: Mya Driver

Read more

Clearbell closes £150m investment programme

Clearbell UK Strategic Trust (CST), a Trust advised by Clearbell Capital, has announced that it is now fully invested, following the acquisition of 6-24 Britannia Street in Kings Cross for £13.5m. CST has acquired 20 assets over 12 separate transactions since November 2020, totalling more than £150m. The mixed-use portfolio has significant exposure to logistics, […]

Posted by: Leon Newton

Read more

Cohort Capital £11 Million Loan for West London Life Sciences Hub

Cohort Capital has facilitated a £11 million loan for the refinance of The Life Science Park located in Sunbury-on-Thames, West London. The park, which is housed in a Grade II-listed Victorian pump house, underwent extensive conversion and restoration in 2022. Spanning over 55,000 square feet, the park comprises high-quality laboratory space. The loan, with a […]

Posted by: Mya Driver

Read more

Columbia Threadneedle Expands Retail Portfolio with Major Acquisitions

Columbia Threadneedle Real Estate, the investment and asset management division of Columbia Threadneedle Investments, has expanded its retail portfolio by acquiring Phases 2 and 3 of Merry Hill Retail Park in Brierley Hill and Phoenix Retail Park in Corby. Both acquisitions were made on behalf of separate client funds, with the purchase amounts remaining undisclosed. […]

Posted by: David Gilbank

Read more

Compagnie du Parc Expands its Industrial Portfolio in Greater London by £100M

Specialist real estate investor Compagnie du Parc has successfully acquired two strategically positioned industrial assets in Greater London, further enhancing its portfolio. The acquisitions include the Five Arches Business Estate in Sidcup and Bourne Industrial Park in Crayford, totaling 139,500 sq ft of industrial space, acquired for a combined £30 million. These acquisitions come on […]

Posted by: David Gilbank

Read more

Council in strong position to deliver for residents after capital injection following sale of council-owned company

Merton Council has today (May 31) published details of an £186 million capital injection in its annual accounts following the January 2023 sale of CHAS 2013 Ltd, a wholly-owned subsidiary of the authority. This puts the council in a strong position to deliver on its ambitions to build a better Merton, that everyone can take pride […]

Posted by: Mya Driver

Read more

Council presents plans for streamlined £150m regeneration of Oxford Street

Westminster Council have revealed updated proposals to revive Oxford Street and a number of surrounding areas with a combination of council and private sector funding. Originally, the scope of the £150m works extended from Marble Arch to Tottenham Court Road​, and were intended “.to respond to the changing needs and interests of residents, visitors and […]

Posted by: Mya Driver

Read more

Countryside, Peabody and Transport for London agree deal to deliver 98 homes at Barkingside Yard in Ilford

Countryside Partnerships, housing association Peabody and Transport for London’s (TfL) wholly owned commercial property company have completed the agreement to deliver 98 affordable homes on land next to Barkingside Underground Station in Ilford.  Located on land previously used as a builder’s yard and owned by TfL, the residential development is being brought forward as part […]

Posted by: Mya Driver

Read more

CPC Project Services Ltd Transitions to Employee Ownership

CPC Project Services LLP, a prominent quantity surveyor and construction project management firm, has completed its transition to an employee ownership trust, now operating as CPC Project Services Ltd. The company, established in London in 2011, reported a turnover of £29m for the year ending 31 July 2022, with a pre-tax profit of £5m. Under […]

Posted by: Mya Driver

Read more