Built Environment Networking Blog: London News

Apollo Secures £100m Loan from LaSalle to Refinance Pavilion Court in Wembley

Apollo Global Management has secured a £100m (€118.2m) loan from LaSalle Investment Management to refinance Pavilion Court, a 699-bed purpose-built student accommodation (PBSA) asset located in Wembley, London. The financing was provided through LaSalle’s fourth European real estate debt fund, LaSalle Real Estate Debt Strategies IV (LREDS IV). Pavilion Court, part of the Wembley Park […]

Posted by: Mya Driver

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Apollo strengthens presence in Europe with new, expanded London office

Apollo (NYSE: APO) today announced the opening of a new office in London, United Kingdom, strengthening its presence in Europe and building on the firm’s successful track record in the region. The transition to a single, modern space in London reflects Apollo’s desire to offer a best-in-class workplace for its teams and expand its offering […]

Posted by: Mya Driver

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Approval granted for £250M Oriel eye-care centre

Plans for Oriel, a new £250M state-of-the-art eye care, research and education centre, have been given the green light by government. The joint initiative between Moorfields Eye Hospital NHS Foundation Trust, the UCL Institute of Ophthalmology and Moorfields Eye Charity, which will see services move to a brand-new integrated centre on the site of St Pancras […]

Posted by: Mya Driver

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Approval granted for Hill Group’s 750-home London regeneration scheme

Planning permission has been granted for the ambitious regeneration of the Douglas Bader Park estate in Colindale.  Award-winning housebuilder The Hill Group together with leading housing provider Home Group, will deliver the transformation of this 1970’s estate to provide over 750 homes, ensuring existing residents benefit from new high-quality homes.  This 10-year programme will start […]

Posted by: Mya Driver

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Approval Granted for Major 600 Housing Development in Wembley

A major housing development at 1-22 Brook Avenue in Wembley, London, has been granted approval by the local planning committee. The unanimous decision marks a significant milestone for the project, which will deliver 600 new homes across four buildings, with heights reaching up to 16 storeys. Located north of Wembley Stadium, the development will be […]

Posted by: Deividas Krupstas

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Approval Granted for Sustainable Student Housing and Community Space in Stratford

Unibail-Rodamco-Westfield (URW) has received planning consent for a new development comprising 520 high-quality student beds atop the Westfield Stratford City car park. This initiative, part of URW’s long-term commitment to the regeneration of Stratford, aims to provide sustainable living spaces and community facilities. The development was approved unanimously by the planning committee on 23rd July […]

Posted by: Mya Driver

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Approved: £1bn London 670-home scheme

The London Borough of Richmond-Upon-Thames (LBRuT) Planning Committee has given the green light to the revised plans for the £1.1bn Stag Brewery project on 19 July 2023. The major mixed-use development, located on the former 22-acre Stag Brewery site in Mortlake, Southwest London, is near the Boat Race finish line at Chiswick Bridge. This approval […]

Posted by: Mya Driver

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Arc & Co. and Alpha Property lending complete £7m bridge

Alpha Property Lending has completed a £7m development exit loan for a newly completed development of 8 houses and 2 apartments in East London. Alpha Property Lending provided a fixed rate loan, giving the Borrower certainty in a volatile interest rate market. The loan was used to repay development finance and will enable the developer time […]

Posted by: Mya Driver

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Ares European Real Estate Debt Provides £300 Million Senior Debt Facility to Refinance Portfolio of Central London Assets

Ares Management Corporation announced today that its European Real Estate Debt team has closed on a £300 million senior loan to refinance a portfolio comprised of two marquee central London assets. Located in the heart of New Bond Street, 21-23 New Bond Street is ideally positioned among the main shopping strip of major international luxury […]

Posted by: Mya Driver

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Ares Real Estate and EQ Group Secure £400 Million UK Hotel Portfolio

Ares Real Estate and EQ Group have announced the acquisition of a portfolio comprising 18 hotels from Land Securities for £400 million, reflecting renewed confidence in the UK’s property and leisure sectors. The collection of mid-scale and economy hotels, strategically located in central London and other major UK cities, signifies an important expansion for Ares […]

Posted by: David Gilbank

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