GLA gives green light for 213-home co-living scheme Sep 12, 2022 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 Read more
Go ahead for London Bridge life-sciences hub Jun 1, 2022 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 Read more
Go-ahead for 712-home south east London scheme Sep 16, 2022 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 Read more
Goodman secures planning to transform M1 logistics site into state-of-the-art commercial park Jan 10, 2023 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 Read more
Google to invest over £700m in UK workspace Jan 14, 2022 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 Read more
Google’s new 33-acre data centre in Hertfordshire Jan 22, 2024 Google has unveiled plans to broaden its data centre presence in the UK by establishing a fresh campus in Hertfordshire, situated just outside London. In a recent announcement, the tech behemoth shared news of commencing construction on a new facility spanning 33 acres in Waltham Cross, located to the north of London. In October 2020, […] Posted by: Mya Driver Read more
Government decarbonisation plans to drive down Lower Thames Crossing emissions by 80% Jul 18, 2022 A new forecast released by National Highways today (18 July 2022) shows that the government’s plans to decarbonise cars and goods vehicles would cut the 60-year forecast of carbon emissions from Lower Thames Crossing traffic by at least 80%. The Lower Thames Crossing is designed to improve journeys for tens of thousands of people who […] Posted by: Mya Driver Read more
Government funding to bring £3.5bn dockland neighbourhood to life Jul 5, 2022 Homes England will provide £233m of infrastructure loan funding to help bring forward a new £3.5bn neighbourhood at Silvertown in East London – one of the country’s most significant regeneration projects. Sitting within London’s only Enterprise Zone at the Royal Docks, the Silvertown site in Newham has been derelict for the last 40 years and […] Posted by: Mya Driver Read more
Government pledges £233 million infrastructure funding to bring dockland site back to life Sep 22, 2022 Homes England will provide £233m of infrastructure loan funding to bring to life a new £3.5bn neighbourhood at Silvertown, East London as part of one of the country’s most significant regeneration projects. Sitting within London’s only Enterprise Zone at the Royal Docks, the Silvertown site in Newham has been derelict for the last 40 years […] Posted by: Mya Driver Read more
GPE acquires London office asset for £19m Oct 29, 2024 Great Portland Estates plc (GPE) has announced it has exchanged on the acquisition of 19/23 Wells Street, W1, for £19 million (£991 per sq ft), from British Land plc. Located in the heart of Fitzrovia, the 19,182 sq ft building comprises basement, ground and five upper floors. GPE intends to convert the space to its […] Posted by: Mya Driver Read more
GPE announces the acquisition of the Soho Square Estate Aug 18, 2023 Great Portland Estates plc (GPE) is delighted to announce the acquisition of King Sloane Properties Limited (the Company), which owns the freehold interests at 16/19 Soho Square, 29/43 Oxford Street and 7 Falconberg Mews, W1, from Belgravia & Chelsea Property Services Limited. The cash consideration is based on a property value of £70 million (£772 […] Posted by: Mya Driver Read more
GPE prices new £250m 7-year Sustainable Bond Sep 19, 2024 Great Portland Estates plc (‘GPE’) announces the pricing of its first sterling denominated senior unsecured sustainable bond (the ‘Bond’). The £250m Bond will have a term of 7 years, will bear interest at a rate of 5.375% and is expected on issue to be rated Baa2 by Moody’s Investor Services Ltd. The Bond was over […] Posted by: Deividas Krupstas Read more
