West One Loans Funds Record £48m Housing Project in Acton, West London Nov 10, 2023 West One Loans has marked a significant milestone by completing its largest development finance deal to date, a £31.2 million facility to support a £48 million Gross Development Value (GDV) housing scheme in Acton, West London. This substantial financial package was utilised initially for the acquisition of the site, with plans to demolish the existing […] Posted by: Mya Driver Read more
Westbrook Partners Refinances 60 Charlotte Street Jul 1, 2024 Westbrook Partners has renewed its lending partnership to refinance the 60 Charlotte Street office building in Fitzrovia, London. The financing involves a Japanese lender, reinforcing the building’s status as a top-tier office space. The refurbishment, completed in 2021, modernised the property into multi-let Grade A offices, luxury serviced apartments, and a restaurant unit. This move […] Posted by: David Gilbank Read more
Weston Homes exchange on Town Quay Wharf, Barking, in affordable homes partnership with Be First London Jun 6, 2023 Award winning housebuilder Weston Homes has exchanged on a new site in Barking, Town Quay Wharf, in partnership with Be First London, working on behalf of Barking and Dagenham Council The site will be transformed into a £50 million (GDV) mixed-use development providing 147 newly built apartments and 1,000 sqm of commercial space with 42% […] Posted by: Mya Driver Read more
Weston Homes To Launch £315M – 900 More New Homes Across London & The South-East Feb 14, 2024 Leading volume housebuilder Weston Homes has announced it will launch and develop an additional £315 million of new residential schemes this year, providing almost 900 more new homes across London and the South-East with two further London commuter projects at planning application stage offering another 650 homes, adding in excess of 1,500 new homes to […] Posted by: Mya Driver Read more
Whitbread acquires freehold of 35 Red Lion Square in Central London Feb 4, 2025 Whitbread Plc, the parent company of Premier Inn, the UK’s largest hotel brand, has acquired the freehold of 35 Red Lion Square, WC1 for conversion into a hub by Premier Inn hotel. The prime property, which is in a prominent location on the junction of Theobalds Road, Drake Street and Red Lion Square, was purchased […] Posted by: Deividas Krupstas Read more
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
