Built Environment Networking Blog: London News

Principal Asset Management acquires South West London multi-family assets in £100m-plus deal

Principal Asset Management has acquired two multi-family residential investments in South West London for a price reported as more than £100 million, further strengthening its UK residential investment platform. The transaction comprises two income-producing, build-to-rent style residential assets, reflecting a significant nine-figure commitment to the South West London rental market. The assets form part of […]

Posted by: Mya Driver

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Prologis Acquires Major Logistics Estate in Park Royal

Prologis UK has secured the Prologis Park Western Avenue estate in Park Royal, west London, from DTZ Investors for approximately £125 million. This acquisition includes a substantial mixed-use site offering 288,523 sq ft of logistics, industrial, and retail space. The estate, situated on a 16.14-acre plot, is currently leased to 21 tenants. It also has […]

Posted by: Mya Driver

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Property developer looks to expand residential offering and acquire new sites

UK based property developer Life Less Ordinary are looking to expand their development portfolio by acquiring a series of new build development opportunities in key areas across London. The developer, who have designed and developed over 350 new homes via converting empty office buildings into attractive residential developments are looking to deliver more much needed housing in […]

Posted by: Mya Driver

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PSP Investments helps BentallGreenOak’s Welput secure £400m funding

Welput, the specialist central London office fund managed by BentallGreenOak(BGO), has recapitalised its ownership of the landmark site, 105 Victoria Street, and secured a £400m development finance facility to fund the construction of the scheme, due to commence this year. Marking a return to Victoria, and demonstrating global confidence in London’s office market, the Public […]

Posted by: Mya Driver

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Puma Property Finance inks £50m loan to Scape Living for transformational co-living, commercial and events space in East London

Puma Property Finance (Puma) today announces it has provided a facility of approximately £50m for a transformational co-living, commercial and events development in Walthamstow, East London. The development, directly opposite Blackhorse Lane station, will see the creation of 273 residential living units as well as new commercial co-working areas and a flexible performing arts events […]

Posted by: Mya Driver

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Quintain secures £128m loan on BtR development at Wembley Park

Quintain, the developer behind Wembley Park, has successfully completed the refinancing of a trophy build-to-rent (BtR) building at Wembley Park with a £128.7 million Natixis CIB green loan. The loan represents a significant deleverage on the existing facility and refinances out Cheyne Capital, who supported Quintain by providing the original development financing for the construction […]

Posted by: Deividas Krupstas

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Quintain secures £45m loan from Investec

Investec Real Estate announces that it has provided Quintain, the leading mixed-use developer and major regeneration specialist, with a £45 million investment facility secured against The Hive, a Grade-A office building in Wembley Park. The loan refinances an existing facility and represents the first transaction between Investec and Quintain. It demonstrates Investec’s strong conviction in […]

Posted by: Mya Driver

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Rangeford Villages to Develop New Retirement Community in Elstree

Rangeford Villages, a provider and operator of later living communities, has exchanged contracts to purchase land on Allum Lane, pending planning permission. The company has already submitted a detailed planning application. The planned development will feature 150 units, including one, two, and three-bedroom apartments, as well as two and three-bedroom bungalows. Additionally, the project includes […]

Posted by: David Gilbank

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Rasmala Investment Bank Bolsters UK Housing Footprint with Strategic Acquisitions in London

Rasmala Investment Bank Limited (Rasmala), a prominent alternative investment manager, has marked a substantial expansion in its UK real estate portfolio with the successful acquisition of three residential blocks in London during 2023. These acquisitions underscore the bank’s strategic focus on fortifying its UK Multifamily Fund’s portfolio, primarily targeting the burgeoning serviced apartment and Built-to-Rent […]

Posted by: Mya Driver

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Redbridge Seeks Partner for New Community Hub Development

The London Borough of Redbridge is on the hunt for a private partner to bring a new community hub to life, alongside the development of adjacent land. This initiative aims to enhance the local community with a focus on the Seven Kings area. Located in Ilford, the borough is offering a prime opportunity for developers […]

Posted by: Mya Driver

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