Silbury Finance provides £100m of funding for two residential-led schemes Aug 19, 2022 Silbury Finance, the Oaktree Capital Management-backed development lender, has completed two senior development facilities, totalling £96.5 million, to fund the delivery of residential-for-sale schemes on the Old Kent Road, SE15, and in Reading. Silbury has provided Avanton, the London property developer, with a £68 million stretch facility. It will fund the redevelopment of the former […] Posted by: Nathan Spencer Read more
£27m low-carbon energy investment announced for London Borough homes Aug 19, 2022 More than 10,000 Haringey homes in the east of the borough will receive low-carbon, sustainable energy after the council was awarded £27.8m funding The Tottenham Hale and Broadwater Farm District Energy Network (DEN) and the Wood Green DEN will help support Haringey’s goal of becoming net zero carbon by 2041, as well as deliver ambitious […] Posted by: Nathan Spencer Read more
KanAm Grund Group move step forward in first London redevelopment project Aug 19, 2022 KanAm Grund Group has secured a resolution to grant planning consent from the City of London for its first redevelopment project, “Princes Court” in London. The original 1960s building is located at 7 Princes Street, EC2, in the heart of the City’s financial district. Located directly opposite the Bank of England, and next to the […] Posted by: Nathan Spencer Read more
Investec provides Landhold Developments with £13.5m development loan Aug 19, 2022 Investec Real Estate announces that it has provided Landhold Developments, the experienced London and Home Counties-focused commercial and residential investor and developer, with a £13.5 million senior facility, to fund the construction of 36 high quality homes in a prime Zone 3 London location. Known as Clapham Quarter, Landhold is transforming what is currently a […] Posted by: Nathan Spencer Read more
Catalyst and Hill submit plans for 1,000 homes in Haringey Jul 22, 2022 Catalyst and development partner The Hill Group have submitted a hybrid planning application to Haringey Council for a mixed-use development on a site adjacent to St Ann’s Hospital in South Tottenham. When approved, the redevelopment will include up to 995 new homes, 60% of which will be affordable – helping to deliver much-needed housing in […] Posted by: Nathan Spencer Read more
St Modwen acquires London industrial estate in £80m deal Jul 22, 2022 St. Modwen, one of the UK’s leading logistics developers and managers, has continued the expansion of its logistics portfolio in London with the £80 million acquisition of Westlands industrial estate, Hayes. The estate, which comprises three high-specification warehouse units on a 7.2-acre site, is currently fully let to leading global businesses, with logistics company Nippon […] Posted by: Nathan Spencer Read more
Long Harbour, PSP Investments and Cadillac Fairview invest £110m to forward fund London BtR scheme Jul 22, 2022 Long Harbour, a specialist real estate investment, development and management firm, has agreed to forward purchase a 204-unit BTR development within Leaside Lock, a vibrant new riverside community in the heart of East London, in Zone 2. The BTR element of Leaside Lock offers a modern collection of Studio, one, two and three-bedroom apartments in […] Posted by: Nathan Spencer Read more
Industrials REIT sells Reading asset in £5.88m deal Jul 22, 2022 Industrials REIT, the UK multi-let industrial (“MLI”) property company, announces that it has completed the sale of Rose Kiln Court, Reading for a total consideration of £5.88 million. The sale price represents a £0.135 million or 2.2% discount to the 31 March 2022 valuation of £6.015 million. The property, which comprises 31,687 sq ft of […] Posted by: Nathan Spencer Read more
Government decarbonisation plans to drive down Lower Thames Crossing emissions by 80% Jul 22, 2022 A new forecast released by National Highways today (18 July 2022) shows that the government’s plans to decarbonise cars and goods vehicles would cut the 60-year forecast of carbon emissions from Lower Thames Crossing traffic by at least 80%. The Lower Thames Crossing is designed to improve journeys for tens of thousands of people who […] Posted by: Nathan Spencer Read more
AXA IM Alts acquire 50 Fenchurch Street ahead of 650,000 sq ft office development Jul 22, 2022 AXA IM Alts, a global leader in alternative investments with c. €188 billion of assets under management, announces that it is planning to bring forward the development of a 650,000 sq ft (60,000 sqm NIA) next generation office with exceptional environmental credentials, having exchanged contracts to acquire a long leasehold of 50 Fenchurch Street in the […] Posted by: Nathan Spencer Read more
