Whitbread completes the sale and leaseback of two operational hotels Oct 29, 2024 Whitbread PLC, the UK’s largest hospitality business and owner of Premier Inn, has successfully completed the sale-and-leaseback of two trading Premier Inn hotels. The two hotels achieved a net initial yield of 4.25% across the two properties and returned £56 million for the business. A 30-year term with five yearly CPI reviews (0-4%) was offered […] Posted by: Deividas Krupstas Read more
Whitbread gets the go-ahead to build one of London’s largest hotels metres from Nelson’s Column Oct 3, 2024 Whitbread PLC, the UK’s largest hotel business and owner of Premier Inn, has secured planning permission from Westminster City Council (WCC) to develop a hotel at 5 Strand in the heart of central London. The 693-bedroom hotel, which will be one of London’s largest budget hotels when it opens, will be operated under the popular […] Posted by: Deividas Krupstas Read more
Willmott Dixon to build £40m health centre in Hounslow Apr 4, 2023 Willmott Dixon has been chosen by Hounslow Council and the NHS to deliver a state-of-the art £40m health centre in Chiswick. The Chiswick Health Centre will replace an existing facility to provide a modern local community healthcare environment for residents with a broader range of GP services, including community and mental health services. It was […] Posted by: Mya Driver Read more
Wimbledon’s £200 Million Expansion Receives Green Light from Greater London Authority Sep 30, 2024 The All England Lawn Tennis Club’s ambitious £200 million expansion project has officially been approved by the Greater London Authority (GLA), clearing the way for the world-renowned Wimbledon Championships to significantly grow its facilities. The expansion will see the construction of 39 new tennis courts and an 8,000-seat show court on the site of the […] Posted by: Deividas Krupstas Read more
Workspace announces sale of mixed-use redevelopment at Raynes Park Nov 8, 2024 Workspace Group PLC (‘Workspace’), London’s leading provider of sustainable, flexible workspace, is pleased to announce it has exchanged on the sale of Rainbow Industrial Estate, a redevelopment site in Raynes Park. Workspace secured planning consent for a mixed-use redevelopment of the site comprising 224 residential units and 37,000 sq. ft. of new light industrial space. The site […] Posted by: Deividas Krupstas Read more
Workspace sells residential development for £13m Jul 29, 2024 Workspace Group PLC (‘Workspace’), London’s leading provider of sustainable, flexible workspace, has announced the successful sale of The Planets, a significant residential redevelopment site in Woking, for a total of £13.0 million. The Planets, part of the McKay portfolio acquired by Workspace in May 2022, had received planning consent in November 2022 for the development […] Posted by: Mya Driver Read more
Zorin Finance secures a £17.2m development loan in St Albans, Hertfordshire Nov 23, 2022 The loan will facilitate the acquisition and redevelopment of a 0.44-hectare site in the historic cathedral city. The scheme will provide 37 high quality and sustainable homes comprising of 12 houses and 25 apartments. The homes will be suitable for the local market, comprising of three-bedroom and four-bedroom units and well-sized apartments which will be […] Posted by: Mya Driver Read more
