Built Environment Networking Blog: London News

Thirdi Group Takes on £150 Million Office-to-Residential Conversion Project on London’s River Thames

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

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Thriving Investments continues scaling flagship PRS strategy, with c. £20 million investment in two single family developments

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

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Tottenham High Road West Scheme Set to Deliver 3,000 New Homes

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

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Town Centre Securities acquire prime London commercial space

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

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Transport for London open consultation for Docklands Light Railway expansion

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

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Tri7 acquires 2-acre London site for residential scheme

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

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Triple B Strengthens UK Portfolio with Acquisition of Birchin Lane Property in London

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

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Tritax Big Box acquires Heathrow site for Data Centre

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

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UK Sees Largest Investment Trust Merger with Alliance and Witan

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

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UKCM agrees £74 million sale of Wembley logistics asset

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

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