Compagnie du Parc Expands its Industrial Portfolio in Greater London by £100M May 2, 2024 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 Jun 1, 2023 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 Oct 13, 2022 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 Partnerships closes £80m of deals across two BTR assets with Sigma Capital Group Mar 24, 2023 Countryside Partnerships and leading built-to-rent (BTR) provider Sigma Capital Group have agreed two deals to deliver a total of 190 BTR homes with a combined value of just under £80m on two of its major mixed-tenure schemes. At Clapham Park, the £1bn South London regeneration scheme that Countryside Partnerships is delivering in joint venture with […] Posted by: Mya Driver Read more
Countryside, Peabody and Transport for London agree deal to deliver 98 homes at Barkingside Yard in Ilford Aug 9, 2023 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 Apr 23, 2024 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
Criterion Capital acquires iconic City of London site, accelerating UK-wide rollout of Zedwell hotel concept Nov 20, 2024 Criterion Capital has announced the acquisition of One Princes Street, an historic site in the heart of the City of London, marking a pivotal step in the rapid UK-wide growth of its innovative Zedwell hotel brand. This strategic purchase strengthens Criterion Capital’s vision to redefine hospitality through sleep-centric hotel experiences. This acquisition is a key […] Posted by: Mya Driver Read more
Criterion Capital acquires world’s first YMCA to revitalise this historic London landmark Dec 4, 2024 Criterion Capital has announced the acquisition of the world’s first YMCA on Tottenham Court Road in London. This iconic building, a cornerstone of the Fitzrovia community for almost 50 years, represents a unique piece of cultural heritage. Criterion Capital’s acquisition was initiated by Central YMCA, who sought Criterion’s economic support in addressing escalating challenges. As […] Posted by: Deividas Krupstas Read more
Criterion Capital Receives £25 Million Financing for Trafalgar Square Hotel Conversion Aug 19, 2024 The Bank of London and The Middle East plc (BLME) has granted Criterion Capital a £25 million investment facility to support the conversion of an office building into a hotel at the renowned Trafalgar Square in London. The funding will be used for transforming the historic Trafalgar Buildings, constructed between 1881 and 1882, into the […] Posted by: Mya Driver Read more
Criterion Capital secures £65m loan facility to refinance hotel asset Nov 26, 2024 Criterion Capital has secured a £65 million loan facility with Coutts to refinance Hotel Indigo in Leicester Square. The 112-room Hotel Indigo is located directly on London’s iconic Leicester Square with a rooftop bar, restaurant, and prime retail space on the ground floor. With the completion of this refinance, it has allowed Criterion Capital to […] Posted by: Deividas Krupstas Read more
Crosstree Real Estate Partners and Bloom Secure £29m Loan Oct 17, 2024 Crosstree Real Estate Partners and Bloom have secured a £29 million loan to fund the repositioning of the Fairview Business Centre, a multi-let industrial estate in Hayes, west London. This marks the first acquisition under their newly formed joint venture, which is focused on transforming industrial and logistics properties, with an emphasis on last-mile logistics. […] Posted by: Deividas Krupstas Read more
Croydon School of Art Set for Major Revamp with £7.56m Funding from REIM Capital Sep 4, 2023 In a significant move to rejuvenate Croydon’s cultural heritage, REIM Capital has announced a £7.56m bridging loan to support the redevelopment of the former Croydon School of Art. Located in the heart of Croydon town centre, the iconic building has remained vacant since 2012. However, with the new funding, the site is poised to be […] Posted by: Mya Driver Read more
