Native Places-Managed Bankside Aparthotel sold to Jastar Capital Feb 6, 2023 Native Bankside, one of London’s top aparthotels, has been sold by Create REIT to Jastar Capital for in excess of £40 million. In a transaction which underpins the growing strength of the aparthotels sector, the 75-unit, five-year-old development has been sold but will continue to be operated by Native Places under a new long-term management […] Posted by: Mya Driver Read more
Natwest provides £285m debt funding package to unlock £1bn 3,000 home delivery programme Dec 13, 2022 Natwest has secured a debt financing deal which will help Sigma Capital Grown and EQT to deliver 3,000 new homes in London. The homes, which will have a value of circa £1bn, support the JV put in place by Sigma and EQT who also have a number of acquisitions planned over the course of the […] Posted by: Mya Driver Read more
New £100m Stacked Industrial Development Planned for Colindale, NW9 Jul 31, 2024 Property developer NEAT Developments, in collaboration with Royal London Mutual Insurance Society Limited, has submitted a planning application to Brent Council for a new stacked industrial development at Capitol Way, Colindale, NW9. This innovative project reflects a growing trend in construction investment events in London, focusing on efficient land use in urban areas. The proposed […] Posted by: Mya Driver Read more
New partnership will deliver Harlow’s once-in-a-lifetime regeneration Jun 14, 2023 A new public-private partnership has been launched which will deliver town centre and major housing regeneration in Harlow. Harlow Council and The Hill Group, one of the UK’s leading housebuilders, have joined forces to deliver a programme of new homes as part of the ambitious regeneration of the town. The Harlow Regeneration Partnership LLP is […] Posted by: Mya Driver Read more
New student accommodation approved for the Square Mile Feb 2, 2022 New student accommodation has been given the green light for the City of London’s Holborn Viaduct. The City of London Corporation’s Planning and Transportation Committee resolved to approve the Dominvs Group plans by Stiff + Trevillion Architects and Jonathan Cook Landscape Architects for the site at 61-65 Holborn Viaduct, on the corner of Snow Hill. […] Posted by: Mya Driver Read more
New vision for Seven Sisters Jul 7, 2022 Plans to create a new high-quality town centre in Seven Sisters moved a step closer last night after Haringey Council agreed to acquire land held by property developer Grainger The Wards Corner site has long been identified by the council as it plays a crucial role in supporting the communities of Seven Sisters, including the […] Posted by: Mya Driver Read more
Newcore’s social infrastructure fund invests £27m in initial four assets Mar 22, 2022 Newcore Capital Management has acquired the maiden assets for its latest value-add, social infrastructure fund. The UK social infrastructure real estate manager said it has invested £27m (€31.4m) acquired the first four assets for Newcore Strategic Situations V LP, a fund seeking to raise £300m. Newcore said it has bought three educational properties in Surbiton, Blackheath and […] Posted by: Mya Driver Read more
Newham Council Mulls £40m Property Portfolio Sale Amid Financial Strain Nov 3, 2023 In a bid to mitigate financial hurdles, Newham Council is deliberating the sale of its property portfolio, NewShare, which presently holds an equity balance of circa £40 million. Initially introduced in 2013, NewShare, a shared equity loan scheme, aimed at facilitating affordable home ownership for residents. The scheme commenced with 305 properties, but now encompasses […] Posted by: Mya Driver Read more
Norges Bank Investment Management acquires 25% interest Grosvenor’s portfolio Jan 22, 2025 Norges Bank Investment Management has acquired a 25 percent interest in a mixed-use property portfolio located in Mayfair, in a new joint venture with Grosvenor. The agreement was signed on 21 January 2025, and the transaction was completed the same day. Norges Bank Investment Management paid 305.7 million pounds for its 25 percent ownership interest, […] Posted by: Deividas Krupstas Read more
North London Retail Site to Transform into £1 Billion, 1,046-Home Development Dec 7, 2023 A housing department minister has approved plans for a new 1,046-home development on a retail site in North London, highlighting a strategic move to address the area’s housing shortage. This 18-storey project on Cricklewood Lane, previously occupied by a B&Q hardware store, presents a significant opportunity for both developers and investors. Montreaux Cricklewood Developments secured […] Posted by: Mya Driver Read more
NUMA Group Launches First UK Venture with Bloomsbury Hotel Site Mar 13, 2024 The NUMA Group has officially entered the British market through a collaboration with the New World Hospitality Group, introducing NUMA Bloom at the site of the erstwhile Bedford Corner Hotel in London. This launch marks the debut of the digital hospitality platform in the UK, at a prime location in Bloomsbury, central London, housed within […] Posted by: Mya Driver Read more
OakNorth Bank completes £9.8m loan to Eccleston Square Hotel Dec 20, 2022 OakNorth Bank has provided a £9.8m loan to boutique London hotel, Eccleston Square Hotel. The capital will be used to refinance existing debt and support the hotel’s future growth strategy. Previously known as Elizabeth Hotel, the five-storey, grade-II listed site was converted from a B&B in 2010, is managed by Olivia Byrne, and comprises of 39 double […] Posted by: Mya Driver Read more
