International PPL to acquire further stake in Thames Tideway super-sewer Jun 1, 2022 Infrastructure investment company International Public Partnerships has conditionally agreed to acquire a further shareholding in the Thames Tideway Tunnel, a 25-kilometre “super sewer” being built under the Thames in order to create a healthier environment for London. International PPL said on Wednesday that the opportunity was conditional on third-party approvals and had arisen as a […] Posted by: Nathan Spencer Read more
Go ahead for London Bridge life-sciences hub Jun 1, 2022 SC1 has the green light for their Vinegar Yard scheme – as the Mayor of London signs off their reworked design almost two years after the initial planning refusal. SC1 is a collaborative group made up of: King’s Health PartnersLambeth CouncilSouthwark CouncilGuy’s and St Thomas’ FoundationIt aims to create a global quarter of high-impact healthcare […] Posted by: Nathan Spencer Read more
Valor acquires London urban logistics asset in £40m deal Jun 1, 2022 Valor Real Estate Partners (“Valor”), Europe’s fastest growing last-mile real estate specialist, has continued its momentum in London with the acquisition of a prime urban logistics asset in Park Royal, West London for c £40m from a private vendor. The asset comprises 55,000 sq ft of high-quality warehouse space across two units that are currently […] Posted by: Nathan Spencer Read more
Once in a lifetime regeneration scheme unveiled at Canada Water Jun 1, 2022 Delivering up to 3,000 new net zero homes, office space for an estimated 20,000 workers and up to one million sq. ft. of leisure, cultural and education facilities, the 53-acre Canada Water masterplan is a once in a generation opportunity to reimagine a 21st century town centre for London. Located in the heart of London […] Posted by: Nathan Spencer Read more
Oxenwood secures £63m development loan from Blackstone Jun 1, 2022 Oxenwood Real Estate, the UK and European real estate investment management firm, has secured a £63 million debt facility from Blackstone Real Estate Debt Strategies to fund two UK logistics developments.The three-year development loan has been secured on behalf of Oxenwood Logistics Fund 1 SLP, a discretionary fund managed by Oxenwood. The largest of the […] Posted by: Nathan Spencer Read more
Clearbell closes £150m investment programme Jun 1, 2022 Clearbell UK Strategic Trust (CST), a Trust advised by Clearbell Capital, has announced that it is now fully invested, following the acquisition of 6-24 Britannia Street in Kings Cross for £13.5m. CST has acquired 20 assets over 12 separate transactions since November 2020, totalling more than £150m. The mixed-use portfolio has significant exposure to logistics, […] Posted by: Nathan Spencer Read more
Helical and Baupost JV disposes of London asset for £16.5m Jun 1, 2022 Helical plc, a UK real estate investment trust (REIT) specialising in the redevelopment and refurbishment of highly sustainable, best-in-class London office buildings together with its joint venture partner Baupost Group, has exchanged contracts to sell 55 Bartholomew Close to a private European investor for £16.5m. The sale price reflects a net initial yield of 4.5% […] Posted by: Nathan Spencer Read more
Dominvs completes UK’s largest ever PBSA forward funding deal May 26, 2022 London developer Dominvs has completed the country’s largest forward fund in the purpose built student accommodation sector for £173m, with Scape.Comprising 713-beds, the scheme will be one of the capital’s largest student accommodation developments, Dominvs exclusively told CityA.M.The university housing deal came after Dominvs had secured consent for two hotels on the Hammersmith site. Citing […] Posted by: Nathan Spencer Read more
Aviva Investors surpasses £1bn sustainable transition loans target three years early May 23, 2022 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 Read more
Germany firm Caleus makes debut UK investment with £60m purchase Apr 28, 2022 Germany-based investment firm Caleus has purchased 19-24 Dering Street, a prime mixed-use freehold building in Mayfair, London W1, from Legal & General for £60 million. Boasting a prominent position in between Bond Steet and Hanover Square, opposite the Elizabeth Line entrance, the multi-let property totals 34,431 sq ft (3,199 sq m) of office, gallery and leisure accommodation […] Posted by: Nathan Spencer Read more
