Built Environment Networking Blog: London News

Finance Agreed: Yorkshire Industrial Site gets Multi-Million Pound Revamp

Property investors Countrylarge have secured a plot of unused industrial land at the junction of Sayner Lane and Carlisle Road, adjacent to the Royal Armouries Museum in Leeds’ South Bank. This acquisition was facilitated through a short-term finance agreement with specialist lender Together. Antony Rosindale of Country Large highlighted the scheme’s potential to address the […]

Posted by: Mya Driver

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Firethorn Trust expands student accommodation portfolio with Stratford acquisition

Real estate investor, developer and asset manager, Firethorn Trust, has acquired a purpose-built student accommodation (PBSA) development site in Hackney Wick London, under its growing Living platform. Firethorn purchased the site for an undisclosed sum, with planning permission to develop 204 high-quality student beds, 35% of which will be affordable accommodation. It will feature generous […]

Posted by: Mya Driver

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Firethorn Trust receives green light on plans for landmark London conversion

UK real estate investor, developer and asset manager, Firethorn Trust, has secured planning permission to convert One Bessborough Gardens into residential accommodation. Situated in the City of Westminster, the four-storey site, which overlooks Bessborough Gardens and the River Thames, is a former office building spanning 70,000 sq ft. Firethorn acquired the asset in June 2024, […]

Posted by: Deividas Krupstas

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First EV charger of country-leading rollout live in Hackney

The first of 2,500 new electric vehicle chargers in Hackney has been installed at Follingham Court, Hoxton, as part of one of the country’s biggest rollouts of EV charging infrastructure. Marking the first time a whole-area network at this scale has been planned, Hackney Council is working with its partner Zest on the rollout, which […]

Posted by: Mya Driver

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Former Belgravia Police Station Set for Luxury Hotel Transformation

EPR Architects have put forth plans to revamp the erstwhile Belgravia police station into a 252-room luxury hotel. Located at 202-206 Buckingham Palace Road, the project is poised to become the third London venue for the rapidly growing hotelier, The Other Group. The group inaugurated its debut hotel in South Kensington in the previous year […]

Posted by: Mya Driver

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Fusion and Cheyne Capital acquire second site in Brent Cross Town to deliver £275m PBSA development

Fusion Group, one of the largest privately-owned student accommodation developers and operators in the UK, and global alternative investment manager Cheyne Capital have jointly acquired a second site for purpose-built student accommodation in Brent Cross Town.  Brent Cross Town is a 180-acre, £8bn mixed-use town development in north London being delivered by Related Argent and […]

Posted by: Mya Driver

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Galliard acquires three development sites

Galliard Homes has acquired three key London commuter sites for £265m of residential development. The deals for sites in Redbridge, Ipswich and Milton Keynes follow a successful period last year when Galliard sold out schemes with a combined development value in excess of £800m. In the biggest deal, Galliard has acquired ‘The Point’, a former […]

Posted by: Mya Driver

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Gatwick Diamond Regional Delegation to go to Global Real Estate Conference

South East local and regional authorities are joining forces with private sector affiliates to showcase the region to over 10,000 investors, developers, occupiers and local authorities at UKREiiF 2024. Under the Invest in the Gatwick Diamond umbrella, this is the region’s first-ever delegation to The UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) in Leeds […]

Posted by: Mya Driver

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GAW Capital submits plans for 52-storey London development

Plans have been submitted for GAW Capital’s One East Point project at the Isle of Dogs – which will see them develop a 52-storey residential skyscraper with around 460-flats. The project, designed by Make Architects, will transform what is currently 4-5 Harbour Exchange Square (comprising of a 6-storey commercial build) into a new residential led […]

Posted by: Mya Driver

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Genomics England to anchor Canary Wharf life science cluster

Genomics England will move its headquarters to Canary Wharf this autumn, as part of the development of a major life science cluster.The move for Genomics England, one of the world’s most cutting-edge life science organisations, follows the recent announcement that CWG and Kadans Science Partner formed a joint venture to develop a 750,000 sq ft […]

Posted by: Leon Newton

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German Real Estate Giant Acquires Ruby Zoe Hotel in London for £53 Million

Deka Immobilien, a leading German real estate management company, has acquired the Ruby Zoe hotel located in London’s prestigious Notting Hill area for £53 million. The deal sees the property transition from the ownership of Frogmore Real Estate Partners, who had held the freehold since April 2021, to becoming a key asset within the Deka-ImmobilienMetropolen […]

Posted by: Mya Driver

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Germany firm Caleus makes debut UK investment with £60m purchase

Germany-based investment firm Caleus has purchased 19-24 Dering Street, a prime mixed-use freehold building in Mayfair, London W1, from Legal & General for £60 million. Boasting a prominent position in between Bond Steet and Hanover Square, opposite the Elizabeth Line entrance, the multi-let property totals 34,431 sq ft (3,199 sq m) of office, gallery and leisure accommodation […]

Posted by: Mya Driver

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