Built Environment Networking Blog: London News

Oval Real Estate acquire Mayfair office building for £125 million

Chinese Estates Holdings has sold an office building in London’s prestigious Mayfair district to local developer and investor Oval Real Estate for £125.4 million. The property at 14 St George Street in London’s West End was put on the market two months ago. This decision came after the freehold property’s average occupancy rate dropped to […]

Posted by: Mya Driver

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Oval Real Estate Secures £136 Million Refinancing Loan from Just Group for ‘Kensington’ Office Portfolio

Oval Real Estate has successfully secured a £136 million refinancing facility from Just Group for its ‘Kensington’ office portfolio, marking a significant milestone in Oval’s ongoing growth strategy and underscoring Just Group’s expanding presence as a real estate lender. The three-year facility is secured against a portfolio of seven Grade A, multi-let offices located across […]

Posted by: Mya Driver

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Over 80 new council homes set for Haringey

Residents in Haringey are set to benefit from 86 new affordable council homes as the council moves another step closer to delivering their ambitious house-building programme. Plans have been approved at a cabinet meeting on Tuesday (November 12) to acquire the vital new accommodation as part of the redevelopment of the Mecca Bingo site on […]

Posted by: Deividas Krupstas

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Oxenwood and Graftongate secure planning consent for East London last-mile logistics development

Oxenwood Real Estate, the UK and European real estate investment management firm, and Graftongate, the real estate developer, have secured planning consent to develop a last-mile logistics facility in Barking, east London. The consent from Barking and Dagenham Council will enable the build-to-suit development of a 59,000 sq ft facility, Power59, on a 2.2-acre site on […]

Posted by: Mya Driver

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Oxenwood secures £63m development loan from Blackstone

Oxenwood Real Estate, the UK and European real estate investment management firm, has secured a £63 million debt facility from Blackstone Real Estate Debt Strategies to fund two UK logistics developments.The three-year development loan has been secured on behalf of Oxenwood Logistics Fund 1 SLP, a discretionary fund managed by Oxenwood. The largest of the […]

Posted by: Leon Newton

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Oxygen Asset Management Acquires London Office Building

Oxygen Asset Management has successfully acquired 11 Leadenhall Street, a freehold office building located in the heart of the City of London. Spanning 15,117 square feet, this property marks a significant milestone as the firm’s first acquisition within its London value-add office strategy. Founded in 2004, Oxygen Asset Management is known for its expertise in […]

Posted by: Deividas Krupstas

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Packaged Living and Aviva Investors to fund delivery of 121 new homes in Ebbsfleet, Kent in partnership with Chartway

Packaged Living, the UK’s leading sustainable living specialist, and Aviva Investors, the global asset management business of Aviva plc, announce they have completed a deal to forward-fund the delivery of 121 new homes in Ebbsfleet, Kent with a GDV of c. £50m from Chartway Partnerships Group, a land-led South-East England housebuilder specialising in the development […]

Posted by: Mya Driver

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Panattoni Acquires Prime West London Site for shed development

Panattoni, the largest logistics real estate developer in the UK and Europe, is working up plans for a speculative 80,000 sq ft last-mile logistics development in the sought-after West London catchment. The net zero carbon development, which will be called Panattoni Poyle 80, is located west of London Heathrow and close to junction 14 of […]

Posted by: Mya Driver

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Pandox Acquires Three London Extended Stay Hotels for £230 Million

Pandox, a prominent hotel property owner, has completed the acquisition of three extended stay hotels in central London for £230 million. The purchase includes 503 rooms spread across three Residence Inn by Marriott locations in Kensington, London Bridge, and Tower Bridge. The properties will continue to be operated by Axiom Hospitality under a management agreement. […]

Posted by: Mya Driver

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Paragon Bank Funds £26m for 170-Unit Housing Scheme in Essex

Paragon Bank has entered into a financial agreement with Chase Homes, offering a £26 million package to back a housing project in Saffron Walden, Essex. This initiative will comprise 170 housing units. The funding package, which includes a £24 million revolving credit facility and a £2 million VAT support package, will enable the acquisition of […]

Posted by: Mya Driver

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Partnerships sees 1800 new homes developed in Wembley and Dollis Hill

A partnership between leading housebuilder The Hill Group and Pinnacle Investments has entered into a contract with the United Colleges Group, to redevelop two sites in Dollis Hill and Wembley which will together deliver over 1,800 new homes. The parcel of land off Dudden Hill Lane, which is earmarked for approximately 1,500 new, energy efficient, […]

Posted by: Mya Driver

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