Built Environment Networking Blog: London News

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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Maslow Capital Provides £74 Million Landmark Loan for Orwell Real Estate and HGP’s 492-Unit Build-to-Rent Project in Basildon

Maslow Capital has completed a £74 million development loan to fund a landmark Build-to-Rent (BTR) project in Basildon town centre. Introduced by real estate debt advisors Karis Capital, the scheme will be delivered by a joint venture between Orwell Real Estate and Housing Growth Partnership (HGP), comprising 492 residential units, 1,218 sq m of shared […]

Posted by: Mya Driver

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Mayor of London gives go ahead for next phase of Aberfeldy transformation

Life-changing improvements for the Aberfeldy community have been given the green light; including 1,500 new homes – 39% affordable – new green spaces, workspaces and improved connections. The Deputy Mayor for Planning, Regeneration and Skills (acting under delegated powers from the Mayor of London) has approved the next phase of our 20-year transformation of Aberfeldy […]

Posted by: Mya Driver

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MCR Property Group gets refinance for Luton Resi with £11m QIB UK deal

MCR Property Group, one of the UK’s most prominent independent property investment and development companies, has successfully completed refinancing of the Stockwood Gardens residential scheme in Luton, under an £11m deal. This latest development for the leading independent property investment and development company marks a huge step forward in the Private Rental Sector (PRS) market […]

Posted by: Mya Driver

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Meadow Partners acquires Grade A London workspace in £26m deal

Leading property consultancy Allsop, acting jointly alongside Anton Page, has completed on the sale of the freehold of a Grade A workspace in Aldgate, central London, on behalf of Maurice Investments for £26 million. Acquired by Meadow Partners, the price is equivalent to approximately £960 per sq ft and a net initial yield of 5%. […]

Posted by: Mya Driver

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Meadow Partners and Citivale secure industrial asset in London

Meadow Partners and Citivale Group Holdings have purchased Zodiac Park in West Drayton in Greater London. The purchase price from DTZ Investors hasn’t been disclosed. The asset covers over 120,000sq ft and was built back in 2001. There are currently eight units on the site with almost 100% occupancy. Citivale’s CEO, James Appleton-Metcalfe, said: “We […]

Posted by: Mya Driver

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Metro Bank completes £16m refinancing deal with Criterion Capital for Zedwell Hotel expansion

Metro Bank has finalised a £16mn, five-year funding package with Criterion Capital to refinance Zedwell Greenwich, which opened in October 2023. This investment is central to Criterion Capital’s ambitious expansion strategy of transforming obsolete buildings into lifestyle hotels. With 13 more Zedwell hotels planned by 2027 across the UK, the brand is set to have […]

Posted by: Deividas Krupstas

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MFS secures £400m funding line from institutional investors with specialist finance in demand

Market Financial Solutions (MFS) has secured £400 million of new institutional funding to fuel the growth of the lender’s loan book as demand for specialist finance ramps up. The new funding from an institutional investor will be applied across MFS’s bridging finance products. Bridging loan applications (+13.1%) and completions (+11.8%) both rose notably in Q1 2023 […]

Posted by: Mya Driver

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Mitsubishi Estate and Edge Buy Prime London Office Tower at £150 Million

Mitsubishi Estate has partnered with Dutch developer Edge to acquire a prominent office tower in London’s West End, previously leased to WeWork, for £150 million. This purchase price reflects a 44% reduction from the £267 million paid by the former owners, a joint venture between Savills Investment Management and Korea’s Vestas Investment Management, in 2018. […]

Posted by: Mya Driver

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Moorfield extends UK residential footprint with first co-living investment in Ealing, West London

UKREiiF attendee Moorfield Group, the UK-focused real estate fund manager, on behalf of its Moorfield Real Estate Fund IV, has agreed to forward fund an 81 bed best-in-class co-living scheme near Ealing Broadway, West London, for £21 million. It represents Moorfield’s entry into the fast-growing London co-living sector, which is expected to be a beneficiary […]

Posted by: Mya Driver

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