British Land’s Exchange Square is now open at Broadgate Jan 24, 2022 British Land reveals the opening of its new 1.5-acre Exchange Square located at Broadgate in the City of London. Designed by architects DSDHA, the park quadruples the amount of green space at Broadgate and creates a new outdoor space for workers and the wider community to enjoy in the capital. Exchange Square is now open […] Posted by: Nathan Spencer Read more
PIC invests £130m into new PBSA for London educational institution Jan 18, 2022 Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, has invested £129 million with the London School of Economics and Political Science (“LSE”) to fund the development of a 676-bed student residence in Southwark, London. The newly constructed student accommodation will be located on Glengall Road, Southwark, and provide additional housing […] Posted by: Nathan Spencer Read more
Brunswick Property Partners acquires £110 million Euston trophy office asset Jan 17, 2022 Brunswick Property Partners (BPP) has acquired 163-203 Eversholt Street for £110 million for Akoya, its £1 billion London neighbourhood workplace venture. Akoya will reposition The Eversholt, giving the building a new identity, with wellness and sustainability at its heart, creating a unique experience for its occupiers. Located in the heart of the Knowledge Quarter, in […] Posted by: Nathan Spencer Read more
Google to invest over £700m in UK workspace Jan 17, 2022 Google has given the UK office sector a huge boost – by backing a return to the office with a major investment into its UK work environment. The tech giant will expand its UK office capacity by 50% and “reinvigorate” their office space – with staff set to increase from 6,400 to 10,000. They will […] Posted by: Nathan Spencer Read more
Knight Frank appoints Mike Voller as Partner in London office leasing team Jan 17, 2022 London – Global real estate advisor Knight Frank has appointed Mike Voller as a Partner in its London office leasing team. Mike will work closely with Knight Frank’s landlord clients to advise them in relation to development, marketing and leasing, as demand for best-in-class, sustainable workspaces continues to fuel activity in the London office market. […] Posted by: Nathan Spencer Read more
ASK lends £21.65m to BYM Capital Jan 12, 2022 Real estate funding specialist, ASK Partners – a UKREiiF attendee – has provided a £21.65 senior loan facility to UK-based investment and development firm, BYM Capital. BYM Capital, a commercial and residential investor and developer, acquired the shopping centre, known as ‘The Spires’ in July 2021. ASK’s facility is being used to refinance a short-term […] Posted by: Nathan Spencer Read more
HS2 to be powered by zero carbon energy from day one Jan 11, 2022 HS2 trains will be powered by zero carbon energy from day one of operation, offering a cleaner alternative to long distance car journeys and domestic flights, while supporting the government’s 2050 target to tackle climate change. This commitment will play a key part in HS2 Ltd’s aim to make the project net zero carbon from […] Posted by: Nathan Spencer Read more
Ashfield Land appoints Ben Holmes as Director in London Jan 11, 2022 Ben Holmes has joined Ashfield Land as a Director and head of the London office. With a remit to pursue development and investment opportunities nationwide, Ben will have specific responsibility for Ashfield Land’s projects in London and the South East. He is tasked with identifying and converting on residential, commercial and mixed-use investment and development […] Posted by: Nathan Spencer Read more
£365m Starwood Capital loan unlocks redevelopment of London shopping centre Jan 10, 2022 Get Living, the UK’s leading build-to-rent operator of large-scale neighbourhoods, has secured a £365m development loan from controlled affiliates of Starwood Capital Group, which represents one of the UK’s biggest development loans in the past year, to fund the redevelopment of the former Elephant & Castle Shopping Centre. The loan facility with Starwood Capital, which […] Posted by: Nathan Spencer Read more
London hotel market recovery set to continue despite Omicron setbacks Dec 22, 2021 For the first time since the start of the pandemic, the performance of London’s hotels was more encouraging than regional hotels across the UK, according to research from Knight Frank, the leading independent global property consultancy. The recovery of the London hotel sector steadily continued throughout October with occupancy rising 2.6% to 48.2%. Knight Frank […] Posted by: Nathan Spencer Read more
