Built Environment Networking Blog: London News

Aviva Investors and Obayashi JV acquires stake in London mixed-use scheme

Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces that it has completed a joint investment with Obayashi Corporation (‘Obayashi’), one of Japan’s leading construction groups, to acquire the remaining 50 per cent share in 20 Gracechurch Street, London EC3. The deal brings both the freehold and leasehold for the 16-storey property […]

Posted by: Mya Driver

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Aviva Investors surpasses £1bn sustainable transition loans target three years early

Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces that it has provided a £227 million sustainability-linked refinancing to property group Romulus, on behalf of Aviva UK Life’s annuity business. Romulus is a London-based investment and development company who own and manage a mixed-use portfolio of over one million square feet. Significantly, […]

Posted by: Leon Newton

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Aware Super Expands Global Reach with London Office Focusing on Property and Infrastructure

Australia’s third-largest superannuation fund, Aware Super, is set to bolster its international investment strategy with the establishment of a new office in London. Slated for completion by the end of 2023, this strategic move aims to tap into lucrative opportunities in international property, infrastructure, and private equity sectors. Damien Webb, deputy chief investment officer and […]

Posted by: Mya Driver

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AXA IM Alts acquires highly sustainable student scheme in London

AXA IM Alts, a global leader in alternative investments with c. £159 billion of assets under management, announces that it has acquired Vita Student Lewisham Exchange, a 758-bed purpose built student accommodation (“PBSA”) scheme in Lewisham, Southeast London. The acquisition, on behalf of clients, has been made from Vita Group, which has developed nearly 10,000 […]

Posted by: Mya Driver

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AXA IM Alts secures £480 million development loan for landmark net-zero London office scheme, 50 Fenchurch Street

AXA IM Alts, a global leader in alternative investments with €183 billion of assets under management[1], has secured a £480 million construction loan from Cale Street, the real estate investment and finance firm, to fund the development of its 650,000 sq ft (60,000 sqm) next generation office building at 50 Fenchurch Street. This transaction represents one of […]

Posted by: Mya Driver

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Ballymore and Penta Real Estate Launch £700 Million London Residential Joint Venture

Ballymore has formed a 50:50 joint venture with Central European developer Penta Real Estate to deliver more than £700 million of residential schemes across two consented London sites. The partnership will bring forward around 680 new homes in Canary Wharf and Nine Elms, reinforcing confidence in the capital’s residential market and major regeneration districts. Under […]

Posted by: Mya Driver

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Ballymore and Sainsbury’s joint venture submits plans for major new canalside neighbourhood in Ladbroke Grove

Over 2,500 new homes, two parks, restored canal basin and high street proposed for the Royal Borough of Kensington and Chelsea on brownfield site Ballymore and Sainsbury’s have submitted a planning application for a major canalside neighbourhood in Ladbroke Grove. The proposed new neighbourhood has been designed to deliver 2,519 new homes, of which at […]

Posted by: Mya Driver

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Ballymore and Sainsbury’s Receive Approval for Landmark 2,500-Home Kensal Canalside Development

Ballymore and Sainsbury’s have received formal planning approval from the Royal Borough of Kensington and Chelsea to proceed with their transformative 2,500-home masterplan in the Kensal Canalside area of Ladbroke Grove. The £3 billion redevelopment, branded Project Flourish, marks one of London’s largest housing projects in recent years. The 19-acre brownfield site, a former gasworks […]

Posted by: Mya Driver

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Ballymore and Transport for London partnership to transform Edgware

Regeneration expert Ballymore and Transport for London (TfL)’s commercial property company, TTL Properties Ltd (TTLP) have formally committed to combine their landholdings in Edgware. Working with the London Borough of Barnet, they will deliver their shared vision of a reimagined town centre with a thriving high street on Station Road open to all. The 7.5-acre […]

Posted by: Mya Driver

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Ballymore submits application for Edgware town centre redevelopment in partnership with Places for London

Leading property developer Ballymore has submitted an outline planning application to redevelop Edgware’s Broadwalk Shopping Centre, the bus station and garage – in partnership with Places for London – Transport for London’s property company which owns some of the area’s land, including the bus station and garage. The ambitious and transformative masterplan, designed by Howells, […]

Posted by: Mya Driver

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Ballymore Submits Major Riverside Development Plans for East London

Leading property developer Ballymore has submitted two significant hybrid planning applications to Newham Council for transformative riverside developments in east London. The proposed Thames Road and Knights Road schemes aim to deliver a total of 3,684 new homes while enhancing local infrastructure, community spaces, and employment opportunities. Located next to Thames Barrier Park and Pontoon […]

Posted by: Mya Driver

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