Phase Two of Tustin Estate Redevelopment Submitted for Approval Aug 22, 2024 Planning permission has been submitted for the second phase of the Tustin Estate redevelopment in south-east London. This phase is part of a broader plan to revitalise the area, including the construction of 295 new homes, of which 151 will be affordable, and 144 will be private tenure. The redevelopment is designed to meet the […] Posted by: David Gilbank Read more
PIC agrees forward purchase of UK Government Property Agency Hub at Ruskin Square, Croydon for £268 million Mar 29, 2023 Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension funds, has agreed the £267.6 million purchase of 2 Ruskin Square in Croydon, a new 344,940 sq ft Grade A office, next to East Croydon railway station, from the Schroders Capital UK Real Estate Fund (‘SCREF’). The building will be let to the […] Posted by: Mya Driver Read more
PIC and Octopus Real Estate to build £115m retirement community in St Albans Nov 11, 2022 Senior Living Investment Partners, a partnership between Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension schemes, and specialist real estate lender and investor Octopus Real Estate (“Octopus”), today announces its first retirement community investment via a joint venture with Elysian Residences. The joint venture has acquired a nine-acre site with planning […] Posted by: Mya Driver Read more
PIC invests £130m into new PBSA for London educational institution Jan 18, 2022 Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, has invested £129 million with the London School of Economics and Political Science (“LSE”) to fund the development of a 676-bed student residence in Southwark, London. The newly constructed student accommodation will be located on Glengall Road, Southwark, and provide additional housing […] Posted by: Mya Driver Read more
PIC invests additional £50m in LSE to promote carbon neutrality Apr 19, 2022 Pension Insurance Corporation (PIC) has directly invested a further £50m of debt in the London School of Economics (LSE) to fund sustainable projects, including the development of the university’s first carbon neutral building. The transaction follows PIC’s previous £129m investment with LSE and DIF Capital Partners to fund the development of a 676-bed student residence in London. […] Posted by: Mya Driver Read more
Pictet acquires 73 West London residential apartments May 14, 2024 Pictet Alternative Advisors, the alternative investment business of Pictet Group, announces the acquisition of 73 brand new West London residential apartments for its direct real estate strategy. This acquisition builds on the track record of Elevation I, where PAA’s real estate team, in a joint venture with Pinnacle Investments, assembled a London residential portfolio of […] Posted by: David Gilbank Read more
Picton exchanges contracts for the sale of part vacant office asset Apr 2, 2024 Picton has agreed to sell its second largest office asset, Angel Gate, London, EC1 for £29.6 million, with completion due on 9 April 2024. This is in line with the Company’s strategy to repurpose appropriate office assets and follows the Company securing residential planning consents during 2023 and a subsequent structured marketing process this year. […] Posted by: Mya Driver Read more
PineBridge Benson Elliot Granted Planning Permission to Develop ‘The Mark’ Oct 9, 2023 PineBridge Benson Elliot has achieved planning permission to develop ‘The Mark’, a new build sustainable modern office in the City of London, comprising of 215,000Sf prime workspace space, alongside 14,000Sf of cultural, food & beverage and retail space. The Mark is being developed on 47 & 50 Mark Lane, a distinct part of the City […] Posted by: Mya Driver Read more
Pioneer Group and King’s College London to deliver first-of-its-kind incubator partnership Jul 4, 2023 Pioneer Group has announced a new partnership with King’s College London to launch new dedicated start-up incubators in biotech and medtech on the South Bank of London. In a first-of-its-kind partnership in the UK, King’s College London has teamed up with Pioneer Group, the specialist life sciences real estate and venture building company, to develop […] Posted by: Mya Driver Read more
Plan for 48-floor tower in London’s Square Mile Sep 15, 2022 Plans to build a 48-floor office tower close to the Broadgate development by Chinese firm Giant Mind. Architect SOM is working up designs ahead of submitting a planning application for the 41,000 sq m scheme. Proposals include a terrace at mid-level on the 200m tall building. New plans replace previous proposals approved by Hackney Borough […] Posted by: Mya Driver Read more
Planning Approval Granted for Major 485-Home Co-Living Development in Woolwich Nov 14, 2024 Planning approval has been granted for a transformative mixed-use development in Woolwich, southeast London, bringing 485 co-living rooms, 20 social rent flats, and an array of community spaces to the area. Approved by Greenwich Council, the project will be located on a 1.11-hectare site bordered by Wellington Street, Polytechnic Street, and Thomas Street, providing a […] Posted by: Deividas Krupstas Read more
Planning Approval Granted for New 52-Storey Residential Tower on the Isle of Dogs Oct 15, 2024 A major milestone in the development of London’s Isle of Dogs has been achieved with the recent planning approval for One East Point, a 52-storey residential tower. This project will soon rise above the Millwall Inner Dock, adding to the growing skyline of high-rise buildings in the area. Standing at approximately 170 meters tall, One […] Posted by: Deividas Krupstas Read more
