PATRIZIA secures strategic repositioning mandate for iconic Pinners Hall in the City of London Oct 7, 2024 PATRIZIA has been appointed by Far East Organization – Singapore’s largest private property developer – to partner and spearhead the repositioning of an iconic office building in the City of London. PATRIZIA, a leading partner for global real assets, has been appointed by Far East Organization – Singapore’s largest private property developer – to partner […] Posted by: Deividas Krupstas Read more
Peabody and Lovell Partnerships Forge New Residential Scheme in South Thamesmead Jan 12, 2024 Peabody, in collaboration with Lovell Partnerships, has embarked on a venture to develop the second phase of a comprehensive regeneration plan for South Thamesmead, London. This partnership, split evenly between the two entities, aims to construct 329 mixed-tenure homes, of which 42% will be categorised as affordable housing. The project’s commencement is scheduled for early […] Posted by: Mya Driver Read more
Peckham’s Aylesham Centre Set for Transformation with 850 New Homes Feb 19, 2024 dRMM Architects has unveiled plans to transform the Aylesham Centre in Peckham, aiming to breathe new life into the south London neighbourhood. The project, supported by Berkeley Homes, proposes the construction of over a dozen new buildings on a 2.7-hectare site along Rye Lane, Peckham’s bustling main thoroughfare. This ambitious scheme replaces earlier proposals and […] Posted by: Mya Driver Read more
PGIM and Valor Collaborate on Financing London’s Prime Industrial Assets Sep 21, 2023 In a recent development, PGIM Real Estate has extended a floating-rate senior investment loan to Valor Real Estate Partners for a significant industrial portfolio in Greater London. This collaboration marks the fourth transaction between PGIM and Valor. The portfolio, spanning 518,000 ft^2, comprises 11 properties strategically located near the M25 motorway. Impressively, six of these […] Posted by: Mya Driver Read more
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
