Built Environment Networking Blog: London News

LRC Group Expands UK Build-to-Rent Portfolio with Acquisition of Bradstowe House in Harrow

LRC Group, a leading private investment firm with €6 billion in assets under management, has announced the acquisition of Bradstowe House, a prominent build-to-rent (BTR) scheme in Harrow, north-west London. The property, marketed for offers exceeding £58.2 million, comprises 177 residential units and was purchased out of administration. This strategic acquisition follows LRC Group’s recent […]

Posted by: Deividas Krupstas

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LSE submits plans for landmark redevelopment of Bankside House into 1,944-bed student residence

The London School of Economics and Political Science (LSE) has formally submitted plans to redevelop its Bankside House site into a major new student residence, delivering 1,944 beds in the heart of central London. Working in partnership with Equitix and Bouygues UK, the proposals would replace the existing mid-century building with three new towers of […]

Posted by: Mya Driver

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LXi REIT – Profitable Disposal

The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to announce that the Company has sold a retail park in St Albans (“the Property”) to a UK institution for £31 million, equating to a net initial yield of 4.7%. The Property is let to B&Q (62% of […]

Posted by: Mya Driver

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LXi REIT plc – Profitable Disposal

The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to announce that the Company has sold a retail park in St Albans (“the Property”) to a UK institution for £31 million, equating to a net initial yield of 4.7%.  The Property is let to B&Q (62% of […]

Posted by: Mya Driver

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M&G sees “high-end” recovery in London’s West End as it strikes deal on prime retail assets

M&G announces that it has extended a sizeable commercial real estate loan secured against a multi-million pound portfolio of super-prime central London retail assets in Mayfair including the Gucci store at 144/146 New Bond Street and a significant portion of retail and residential assets on St Johns Wood High Street. It reflects the rebound in […]

Posted by: Deividas Krupstas

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Madison International Realty invests in the UK’s largest net zero office development

Madison International Realty, a leading real estate private equity firm, has invested in the development of 105 Victoria Street, in Victoria, London, alongside WELPUT, the specialist central London office fund managed by BentallGreenOak (“BGO“). The 500,000 sq ft building, which is due to be completed in 2026, will comprise 13 storeys of high quality office […]

Posted by: Mya Driver

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Major £10m Investment Set to Revitalise North London Villas into Luxury Apartments

In a significant development for North London’s property market, United Trust Bank (UTB) and Iron Bridge Finance have collectively provided over £10 million in funding. This investment will support Northwest3, a joint venture between Prospect Property, OnPlan, and Point6 Developments, in their ambitious project to convert 19 flats into 16 luxury apartments in Swiss Cottage, […]

Posted by: Mya Driver

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Manhattan acquires 5 Fleet Place in London for £190m

Hong Kong-based Manhattan Garments Group has completed the acquisition of 5 Fleet Place, London, EC4 from Poly Global. The value of the transaction is circa £191,000,000, which reflects a net initial yield of around 4%. Manhattan acquired 100% of the shares in the Jersey Company that owns the asset. A part of the Fleet Place […]

Posted by: Mya Driver

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Mare Street Market to open second, larger venue at King’s Cross

King’s Cross has today announced it will be welcoming East London’s much-loved Mare Street Market to the neighbourhood. Totalling 18,000 sq. ft over two levels, it will offer 70% more space than the original Mare Street Market in Hackney and is the biggest venture to date from Mare Street’s owners, Barworks. Opening this autumn, Mare […]

Posted by: Mya Driver

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Marstead Living Acquires Mill Hill Site for £260M Retirement Village Development

Marstead Living, a developer specialising in integrated retirement communities, has successfully obtained mortgage finance from Federated Hermes Private Credit. This funding, facilitated by Deloitte’s advisory services, has enabled the purchase of an 18-acre site in Mill Hill, located in the Borough of Barnet, London. The project, named Marstead Mill, is set to be a pioneering […]

Posted by: Mya Driver

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Maslow Capital provides £114m loan for the delivery of Central London PBSA project

Maslow Capital, a leading provider of real estate development finance, has announced the completion of a £114 million development facility, supporting Union Property Development with the delivery of their 356 bed, Purpose-Built Student Accommodation (PBSA) scheme in Paddington, Central London. Union Property Development are an experienced family-owned property development, management and investment business, with a portfolio extending across the UK. With the […]

Posted by: Mya Driver

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