Silbury Finance provides retirement living specialist Audley Group with £59 million investment loan Oct 4, 2022 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided Audley Group (“Audley”), the UK retirement village provider, with a £59 million investment facility, secured against four retirement villages located across Greater London and the Midlands. The two-year, 75% LTV facility refinances an existing loan and will support Audley as it progresses with the […] Posted by: Mya Driver Read more
Silbury provides £43m in loans to unlock Aldgate and Bath developments Jan 25, 2022 Silbury Finance (“Silbury”), the development lender backed by Oaktree Capital Management, has provided two senior loans, totalling £43 million, to fund the development of two residential schemes in Aldgate and Bath. Reflecting Silbury’s commitment to funding new developments that meet the highest environmental standards, both loans include a discount on the exit fee for the […] Posted by: Mya Driver Read more
Singapore based GIC acquires 75% stake in British Land’s Paddington Central assets in £700m deal Apr 25, 2022 British Land is pleased to announce they have exchanged on the sale of a 75% interest in the majority of their Paddington Central assets to GIC. This transaction establishes a new joint venture (the “Joint Venture”) with ownership split 75:25 for GIC and British Land respectively. Completion is unconditional and will be within three months. […] Posted by: Mya Driver Read more
Socius & Aviva selected to deliver world leading cancer and research district Jan 23, 2024 The London Borough of Sutton has confirmed the selection of Socius and Aviva as partners to advance the development of the world’s leading district for cancer research and treatment at the London Cancer Hub (LCH) in Sutton, London. The landmark investment includes the long lease sale for development of a five-hectare site adjacent to the renowned Royal […] Posted by: Mya Driver Read more
SREF partners with IED to acquire £162m Romford retail warehouse and leisure scheme Jan 24, 2022 The Schroder UK Real Estate Fund (SREF) has announced it has partnered with Zurich Investment Foundation Immobilien Europa Direkt (‘IED’, a Schroders Capital managed, pan-European strategy) to acquire “The Brewery”, a prime supermarket anchored, retail warehouse and leisure scheme in Romford, Greater London for £162 million in a 50:50 joint venture. The Brewery comprises a […] Posted by: Mya Driver Read more
St Albans City Hospital redevelopment gets greenlight Oct 4, 2022 As part of the overall plans to develop the three West Hertfordshire Hospitals, St Albans, Hemel Hempstead and Watford General, the proposals to redevelop the hospital mean the vision to give each centre a distinct role within the community take a step closer. Associate Director of the Regional Development Programme Mr Tim Duggleby, told the […] Posted by: Mya Driver Read more
St Modwen acquires London industrial estate in £80m deal Jul 19, 2022 St. Modwen, one of the UK’s leading logistics developers and managers, has continued the expansion of its logistics portfolio in London with the £80 million acquisition of Westlands industrial estate, Hayes. The estate, which comprises three high-specification warehouse units on a 7.2-acre site, is currently fully let to leading global businesses, with logistics company Nippon […] Posted by: Mya Driver Read more
Starboard Hotels Refinances Hampton by Hilton London Park Royal with £20 Million Loan from Leumi UK Jan 23, 2025 Starboard Hotels has successfully completed the refinancing of its Hampton by Hilton London Park Royal property, securing a £20 million loan from Leumi UK. This strategic refinancing will bolster the operations of the 162-room hotel, enabling it to continue offering high-quality hospitality and modern amenities to guests. The Hampton by Hilton London Park Royal boasts […] Posted by: Deividas Krupstas Read more
Starwood Capital Expands London Presence with 10-Hotel Acquisition from Edwardian Group Jan 15, 2024 Starwood Capital Group, an international private investment firm with a focus on real estate, has announced the acquisition of a collection of 10 hotels from Edwardian Group. This deal was finalised through an off-market transaction for an undisclosed amount. This notable addition to Starwood’s portfolio includes a total of 2,053 rooms. Despite the sale, Edwardian […] Posted by: Mya Driver Read more
Station development plans to be unveiled for £116M restoration of abandoned Scots railway Oct 3, 2022 Network Rail is set to unveil plans for a station development as part of the £116.6M Levenmouth Rail link project. The new station developments are at Leven and Cameron Bridge The station plans were developed in conjunction with stakeholders, and these drop-in events follow Fife Council’s consultation on the wider ‘place-making’ aspects of the developments. […] Posted by: Mya Driver Read more
Sun Venture Acquires London Hotel for Under £100 Million, Marking First Hospitality Venture Feb 29, 2024 Singapore-based investment manager Sun Venture has ventured into the hospitality sector by acquiring a 280-key hotel in central London for less than £100 million. The property, previously an office block, was purchased from UK asset manager Resolution Property, signifying Sun Venture’s diversification beyond its traditional focus on office and retail spaces. The acquisition of Hyatt […] Posted by: Mya Driver Read more
Sun Venture expands London portfolio to £900m with latest acquisition Feb 1, 2022 Sun Venture has acquired 120 Moorgate, a freehold property situated in a strategic position in the heart of the City of London which is set to benefit from the opening of The Elizabeth Line at Moorgate station. They acquired the property from WeWork for £148m. The newly redeveloped freehold, which includes a striking new façade […] Posted by: Mya Driver Read more
