The Leonardo Hotel at London Heathrow Airport Goes on the Market for £30 Million Oct 17, 2024 The Leonardo Hotel at London Heathrow Airport, a premium four-star property, has been put up for sale with a guide price of £30 million. Located near one of the world’s busiest airports, this sale presents a prime investment opportunity in London’s dynamic hospitality sector. Refurbished in 2020, the hotel offers 230 en suite bedrooms, a […] Posted by: Deividas Krupstas Read more
Thirdi Group Takes on £150 Million Office-to-Residential Conversion Project on London’s River Thames Jul 26, 2023 Australian property developer Thirdi Group has embarked on a challenging office-to-residential conversion venture, acquiring a commercial tower on London’s River Thames to create luxury apartments. The 4375sq m Westminster Tower office building is set to undergo a remarkable transformation into a residential tower, featuring 28 apartments, including three whole-floor penthouses, and 25 two and three-bedroom […] Posted by: Mya Driver Read more
Thriving Investments continues scaling flagship PRS strategy, with c. £20 million investment in two single family developments Nov 9, 2023 Picture Living has committed c. £20 million to forward fund two single family housing (“SFH”) schemes in the South of England, totalling 42 high quality family homes for rent. The investments maintain Picture Living’s momentum, bringing forward much needed, sustainable family homes across the UK, against a backdrop of slower housing delivery, higher mortgage rates […] Posted by: Mya Driver Read more
Tottenham High Road West Scheme Set to Deliver 3,000 New Homes Nov 20, 2023 Haringey Council is moving forward with the High Road West scheme in Tottenham, a major development poised to deliver approximately 3,000 new homes. This significant regeneration project, which has been in planning stages and received approval last year, represents a transformative investment in the community. The scheme is a key part of the council’s vision […] Posted by: Mya Driver Read more
Town Centre Securities acquire prime London commercial space Sep 9, 2022 TCS has announced the acquisition of a new London Head Office on Weymouth Street. This latest purchase forms part of the company’s ongoing portfolio diversification strategy and long term capital growth plans. The recently refurbished, 4,760 sq.ft, Grade II listed property currently comprises residential accommodation to the third floor, with office space to lower ground, […] Posted by: Mya Driver Read more
Transport for London open consultation for Docklands Light Railway expansion Feb 7, 2024 Transport for London (TfL) has initiated a public consultation to gather valuable input on the proposed extension of the Docklands Light Railway (DLR). The envisioned expansion entails stretching the railway from Gallions Reach to Thamesmead, passing through Beckton Riverside, with the potential to pave the way for the development of approximately 30,000 new homes along […] Posted by: Mya Driver Read more
Tri7 acquires 2-acre London site for residential scheme Feb 7, 2022 Tri7, an investment and asset management firm, has unconditionally purchased for £21.5 million a 2.16 acre freehold town centre site on Lordship Lane in London’s Wood Green from U+I and Proprium, currently let to Mecca Bingo until December 2026. Tri7 has plans to repurpose the site into a new build residential-led scheme. Tri7 will look […] Posted by: Mya Driver Read more
Triple B Strengthens UK Portfolio with Acquisition of Birchin Lane Property in London Jul 15, 2024 Triple B, an international investment group dedicated to fostering innovation, empowering entrepreneurs, and improving communities, is excited to announce its latest acquisition: the iconic 7 Birchin Lane property in the heart of London’s financial district. This strategic move not only broadens Triple B’s commercial real estate portfolio but also solidifies its growing presence in the […] Posted by: Mya Driver Read more
Tritax Big Box acquires Heathrow site for Data Centre Jan 21, 2025 Tritax Big Box REIT plc has purchased a 74-acre site at Heathrow, London within the Slough Availability Zone, a key FLAP-D prime EMEA data centre location. Simultaneously, the Company has acquired a 50% share in a joint venture with a leading European renewable and low carbon energy power generator. The JV enables accelerated power delivery […] Posted by: Mya Driver Read more
TSP continues flex platform expansion with c£6m acquisition of 79 Clerkenwell Road Aug 7, 2023 TSP, the real estate investor and asset manager, has acquired 79 Clerkenwell Road from La Salle IM, in a £5.75m transaction. The acquisition, financed by Investec Bank Plc, will contribute to the expansion of TSP’s flex platform, a portfolio of sustainable commercial offices offering flexible workspace to small- and medium-sized business in London. The 10,000 […] Posted by: Mya Driver Read more
UK Sees Largest Investment Trust Merger with Alliance and Witan Jun 26, 2024 Alliance Trust and Witan Investment have announced their merger, creating a massive £5bn investment trust named Alliance Witan PLC. This merger follows the retirement announcement of Witan CEO Andrew Bell, who served for 14 years. Andrew Ross, Witan’s chairman, discussed the comprehensive review process that led to the merger, noting that the board considered several […] Posted by: David Gilbank Read more
UKCM agrees £74 million sale of Wembley logistics asset May 26, 2023 UK Commercial Property REIT Limited (“UKCM” or the “Company”) (FTSE 250, LSE: UKCM), announces that it has sold its 186,455 sq ft Wembley180 logistics asset in London to Covent Garden IP Limited (“CG”), a registered charitable company. UKCM will receive a consideration of £74 million, which reflects a net initial yield of 3.49% and is broadly in […] Posted by: Mya Driver Read more