£34m funding to unlock luxury hotel at historic London office Dec 6, 2021 OakNorth Bank has provided a £34.3m loan to a property business founded by entrepreneur, Alex Shamash, and joint venture partner Boscalt Hospitality, a fund that is a member of Edmond de Rothschild Private Equity partnerships. The capital will be used to convert the 15 Old Bailey property from office space into a new luxury hotel, […] Posted by: Mya Driver Read more
£365m Starwood Capital loan unlocks redevelopment of London shopping centre Jan 10, 2022 Get Living, the UK’s leading build-to-rent operator of large-scale neighbourhoods, has secured a £365m development loan from controlled affiliates of Starwood Capital Group, which represents one of the UK’s biggest development loans in the past year, to fund the redevelopment of the former Elephant & Castle Shopping Centre. The loan facility with Starwood Capital, which […] Posted by: Mya Driver Read more
£4.2bn Government Housing Fund Largely Untapped Amid UK Housing Shortage Jan 3, 2024 More than two-thirds of a £4.2bn government fund designed to boost housing development in the UK remains unspent, despite its initiation over six years ago. Launched in 2017, the British government’s Housing Infrastructure Fund aimed to facilitate the creation of 324,000 new homes by providing local authorities with the necessary funding for infrastructure, including transport […] Posted by: Mya Driver Read more
£400 Million Investment to Revitalise Bloomsbury Jul 18, 2024 The Bloomsbury London Partnership, a consortium of key stakeholders and landowners, has announced a £400 million investment aimed at transforming Bloomsbury into a major destination in the capital. Over the next five years, this collective effort will attract new occupiers, businesses, and visitors to the area. The partnership includes The Bedford Estates, Imperial London Hotels, […] Posted by: Mya Driver Read more
£500m Green Finance Fund opens to London local authorities Jul 5, 2023 Urgent action is needed to tackle climate change. We are seeing the impacts of climate change accelerate in London and globally. Last year London experienced drought, record temperatures and heatwaves that also led to wildfires across the city and the busiest day for the London Fire Brigade since the Second World War. Globally we saw […] Posted by: Mya Driver Read more
£500M plans for Liverpool Street tower to be submitted next spring Oct 3, 2022 Massive plans to redevelop Liverpool Street station with designs by Herzog & de Meuron for a 20-storey block above part are expected to go before council leaders in early 2023. Sellar, the developers of The Shard, is speaking to Network Rail about developing one million sq ft of mixed-use space at the site as well […] Posted by: Mya Driver Read more
£600m Cavalry Barracks plans approved Oct 14, 2022 Inland Homes has received, on behalf of the third-party project investor, a resolution to grant planning permission at Cavalry Barracks in West Hounslow for a mixed-use development of 1,525 homes and 2,700 sqm of commercial space. Inland Homes acquired the site from the Ministry of Defence and submitted the planning application in March 2021. It […] Posted by: Mya Driver Read more
£88m forward funding deal agreed for Yardhouse with City Developments Limited Feb 7, 2024 HUB have agreed a forward-funding deal with Singapore-based real estate developer City Developments Limited (CDL) to deliver Yardhouse, an innovative mixed tenure scheme in Wood Lane, west London, in partnership with Bridges Fund Management Ltd. The project, designed by Allford Hall Monaghan Morris, will deliver 209 co-living homes alongside high-quality amenity spaces and two roof terraces, […] Posted by: Mya Driver Read more
£Billions of development set for Greenbelt Lands in England Aug 7, 2023 In various parts of England, including Surrey, Somerset, and West London, plans are underway to develop former greenbelt lands into housing communities. These developments aim to address the growing demand for housing in the country. Surrey’s New Town A significant 284-acre stretch of former greenbelt land in Surrey is being transformed into a ‘new town’ […] Posted by: Mya Driver Read more
20-storey London tower block and homeless shelter set for approval Sep 13, 2022 Two tower blocks with nearly 100 flats and a homeless shelter could be built in Central London. Over £50 million could be spent redeveloping the St Mungo’s premises in Harrow Road and building a 20-storey tower with flats for rent, along with a nine-storey homeless centre for the charity next door. The new homeless centre […] Posted by: Mya Driver Read more
283-Bed Student Accommodation Scheme Secures Planning Approval in Southwark Nov 27, 2024 Fabrix, a leading property developer, has announced that its 283-bed student accommodation scheme in the vibrant Elephant & Castle area of Southwark, London, has received planning approval. The project forms part of a larger 134,000 sq ft mixed-use development, set to redefine urban living in one of London’s most dynamic neighbourhoods. Located in the heart […] Posted by: Deividas Krupstas Read more
3000 student Wembley plans approved Aug 4, 2023 Wilkinson Eyre Architects’ design for a new campus for the College of North West London has received approval from Brent Council. The proposed £130m, eight-story development will be located at the site of the Olympic Office Centre, near Wembley Stadium. The final decision now lies with the Greater London Authority. The new campus will span […] Posted by: Mya Driver Read more