Built Environment Networking Blog: London News

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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GLA gives green light for 213-home co-living scheme

Oaktree Capital-backed developer Balance Out Living secures approval. Plans for a 213-unit co-living development has been greenlit by The Greater London Authority (GLA). The GLA’s decision follows Wandsworth council issuing planning permission in principle for Balance Out Living’s debut scheme in Battersea in February. The scheme was referred to London mayor Sadiq Khan’s pan-capital authority […]

Posted by: Mya Driver

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Go ahead for London Bridge life-sciences hub

SC1 has the green light for their Vinegar Yard scheme – as the Mayor of London signs off their reworked design almost two years after the initial planning refusal. SC1 is a collaborative group made up of: King’s Health PartnersLambeth CouncilSouthwark CouncilGuy’s and St Thomas’ FoundationIt aims to create a global quarter of high-impact healthcare […]

Posted by: Leon Newton

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Go-ahead for 712-home south east London scheme

Plans have been approved for up to 712 homes on two sites in Woolwich town centre in south east London. Formation Architects’ proposals for the latest phase of town-centre redevelopment in Woolwich, south-east London won the backing of local councillors. The scheme will deliver 712 new homes and around 2,000sq m of commercial and community […]

Posted by: Mya Driver

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Goodman secures planning to transform M1 logistics site into state-of-the-art commercial park

Vauxhall’s former aftersales warehouse in Luton, Bedfordshire, is to be transformed into a 1.2 million sq ft industrial and logistics park after Goodman secured outline planning permission for the development. Goodman will regenerate the existing site and take a circular approach to construction, focusing on minimising waste and resources in delivering Goodman London Luton. The […]

Posted by: Mya Driver

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Google to invest over £700m in UK workspace

Google has given the UK office sector a huge boost – by backing a return to the office with a major investment into its UK work environment. The tech giant will expand its UK office capacity by 50% and “reinvigorate” their office space – with staff set to increase from 6,400 to 10,000. They will […]

Posted by: Nathan Spencer

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