Built Environment Networking Blog: London News

Legal & General Investment Management Acquires Premium Office Space in London’s Soho

Legal & General Investment Management (LGIM) is pleased to announce the acquisition of the office building at 30 Golden Square, Soho, London, for its open-ended UK Property Fund. Located in one of London’s most vibrant and highly sought-after districts, this premium property reinforces LGIM’s commitment to investing in high-quality commercial real estate within key urban […]

Posted by: Mya Driver

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Lendlease and CPP Investments JV to bring forward International Quarter London project

International real estate group, Lendlease, and Canada Pension Plan Investment Board (CPP Investments) have expressed a vote of confidence in the London office market through the establishment of a new 50:50 joint venture partnership dedicated to the development of a new office-led neighbourhood at International Quarter London (IQL). This partnership further builds upon Lendlease and CPP Investments’ […]

Posted by: Mya Driver

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Life sciences real estate investment within the ‘Golden Triangle’ totals £496m in Q1 2023

Investment into commercial real estate for the UK’s life sciences sector in the Golden Triangle, the area spanning London, Cambridge and Oxford and the UK’s leading market for life sciences and innovation, totalled over £496m in Q1 2023, according to leading global property adviser Knight Frank. This figure represents the highest first quarter investment total […]

Posted by: Mya Driver

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LLDC and Vistry Group form joint venture to deliver 948 new mixed-tenure homes in East London

The London Legacy Development Corporation (LLDC) has formed a 50/50 joint venture partnership with Vistry Group, the UK’s leading provider of affordable mixed-tenure homes, for the delivery of 948 new homes in Pudding Mill Lane in Stratford. The deal sees the creation of a new residential and commercial neighbourhood, which will be brought forward over […]

Posted by: Deividas Krupstas

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London Borough of Newham Acquires Harlow’s 172-Unit Development for Housing Project

London Borough of Newham has finalised the purchase of a substantial housing development in Harlow. This acquisition includes a fifteen-story block of flats, located strategically by the railway station roundabout between Elizabeth Way and Edinburgh Way, consisting of 172 homes. This development is conveniently situated near key amenities such as Addison House Surgery and Princess […]

Posted by: Mya Driver

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London chosen by Australian firm for first Pod Hotel development in their European expansion

LyLo, part of EVT, has kickstarted the global expansion of its innovative pod hotel concept and has chosen London as the potential location of its first European property. Appointed as sole agent, P-Three, the retail, leisure and placemaking agency, is initially focused on potential sites in Southwark, although other central locations will be considered. LyLo […]

Posted by: Deividas Krupstas

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London hotel market recovery set to continue despite Omicron setbacks

For the first time since the start of the pandemic, the performance of London’s hotels was more encouraging than regional hotels across the UK, according to research from Knight Frank, the leading independent global property consultancy. The recovery of the London hotel sector steadily continued throughout October with occupancy rising 2.6% to 48.2%. Knight Frank […]

Posted by: Mya Driver

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London Launches £3 Billion Housing Framework Tender to Boost Construction Sector

London’s Haringey Borough Council has initiated the tender process for a groundbreaking £3 billion public sector housing framework, aimed at fostering new build and retrofit projects across London and the Home Counties. This ambitious move is designed to revitalize the lineup of construction firms, providing opportunities for both established companies and SMEs to contribute to […]

Posted by: Mya Driver

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