Built Environment Networking Blog: London News

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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Gold Care Homes CEO Secures £18.2 Million Financing to Acquire Delta Hotels by Marriott Heathrow Windsor

Gold Care Homes’ CEO and co-founder, Sukhi Gidar, has secured an £18.2 million loan from OakNorth to acquire the Delta Hotels by Marriott Heathrow Windsor, a 382-room hotel strategically located between Heathrow Airport and Windsor. The funding from OakNorth, a UK digital bank specializing in entrepreneurial and real estate lending, will support the acquisition of […]

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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Google’s new 33-acre data centre in Hertfordshire

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

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Government funding to bring £3.5bn dockland neighbourhood to life

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

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