Great Portland Estates plc Announces Half-Year Results Nov 14, 2024 Great Portland Estates plc (GPE) today announced its results for the six months ended 30 September 2024, reporting a period of significant strategic progress and continued resilience amidst challenging market conditions. The company has leveraged its robust financial position to embark on a series of acquisitions, enhanced leasing results, and strengthened its development pipeline, all […] Posted by: Deividas Krupstas Read more
Great Portland Estates splashes £36.5m on London assets Mar 30, 2022 GPE is delighted to announce the acquisition of the long leasehold interest at 7/15 Gresse Street and 12/13 Rathbone Place, W1, for £36.5m (£847psf, 5.6% NIY). The building has been home to the Fashion Retail Academy since 2005, which will remain in occupation until the precise timing for its relocation to a larger new home […] Posted by: Mya Driver Read more
Green light given for 487 co-living homes in Abbey Wood Oct 10, 2024 Abbey Wood Property Developer has successfully obtained planning approval for a landmark co-living development located on Eynsham Drive, Abbey Wood, Greenwich. The project will deliver 487 co-living homes, a range of modern amenities, and enhancements to the local community infrastructure. The approved scheme includes: The development, comprising multiple blocks ranging from 3 to 17 storeys, […] Posted by: Deividas Krupstas Read more
Greycoat Acquires Landmark Office Building in London for £180 Million Nov 1, 2024 Greycoat, a leading full-service independent property partner, has successfully acquired the flagship office building at 90 High Holborn, WC1, from LabTech Investments Limited in a transaction valued at £180 million. This acquisition represents one of the most significant office investment deals in the UK for the year. Strategically situated in the heart of London’s Midtown, […] Posted by: Mya Driver Read more
Greystar acquires BtR site in Stratford Jun 22, 2023 Greystar and Lifestory have exchanged contracts on an attractive BTR scheme, Stratford Mill, for £20 million. Consisting of 245 units, the site is located adjacent to Pudding Mill Lane station and benefits from excellent transport links into central London. Construction on site is due to commence in the second quarter of 2024, with completion anticipated […] Posted by: Mya Driver Read more
Greystar acquires BTR site in Stratford, London Jun 21, 2023 LONDON, 21 June 2023 – Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing, today announced it has acquired an attractive build-to-rent (“BTR”) site in Stratford, east London, with an existing capital partner, in the latest phase of its successful growth strategy in the UK. […] Posted by: Mya Driver Read more
Greystar acquires the Crown Trading Estate in Hayes for £26.5m Feb 8, 2022 Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing, has acquired the Crown Trading Estate in Hayes, west London for £26.5 million in an off-market transaction for a managed fund. Greystar plans to develop 407 purpose-designed apartments (318 build to rent and 89 affordable) for […] Posted by: Mya Driver Read more
Greystar secured £68.5m debt facility from Societe Generale for London scheme Oct 23, 2024 Greystar, a global leader in the investment, development and management of real estate, including rental housing, logistics, and life sciences, today announces the close of a £68.5 million debt facility, arranged by Societe Generale. The brownfield site will be regenerated for Greystar’s Stratford Mill project to provide 247 apartments. 42 of these will be affordable […] Posted by: Deividas Krupstas Read more
Greystar secures planning consent to enhance rental-housing led regeneration of the Bermondsey Biscuit Factory in London Mar 7, 2024 Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing, has secured planning approval from Southwark Council for amendments to its build-to-rent development located at the former Peek Freans biscuit factory site in Bermondsey, South London. The amendments build on the established design principles of the […] Posted by: Mya Driver Read more
Greystar submit plans to unlock key development site in Croydon Jul 27, 2023 Greystar has submitted plans to Croydon Council for One Lansdowne. These proposals unlock a key development site in central Croydon that has been earmarked for development for a long time. Designed by HTA Design, the plans will deliver 783 new high-quality rental homes across two buildings of 35 and 47-storeys, a new public green square, […] Posted by: Mya Driver Read more
Grosvenor and Mitsui Fudosan UK team up for Mayfair transformation Sep 27, 2022 A new joint venture between Grosvenor and Mitsui Fudosan UK, the European operation of leading Japanese real estate developer Mitsui Fudosan, has been formed to deliver a key element of a sustainable mixed-use development in London’s Mayfair. Focusing on the 263,000 sq ft North and South blocks of the South Molton Triangle scheme, the partnership […] Posted by: Mya Driver Read more
Hampshire Trust Bank completes £21.1m development finance facility Mar 22, 2023 Hampshire Trust Bank (HTB) has completed a £21.1m development exit and construction loan facility for a mixed-use development in North London. The client was developing 48 high-quality apartments and two commercial units, as well as providing a new park for the local community. The broker, Adam Stiles of Helix Structured Finance, contacted HTB for the […] Posted by: Mya Driver Read more