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
PIC invests additional £50m in LSE to promote carbon neutrality Apr 21, 2022 Pension Insurance Corporation (PIC) has directly invested a further £50m of debt in the London School of Economics (LSE) to fund sustainable projects, including the development of the university’s first carbon neutral building. The transaction follows PIC’s previous £129m investment with LSE and DIF Capital Partners to fund the development of a 676-bed student residence in London. […] Posted by: Nathan Spencer Read more
Pioneer Group and King’s College London to deliver first-of-its-kind incubator partnership Jul 4, 2023 Pioneer Group has announced a new partnership with King’s College London to launch new dedicated start-up incubators in biotech and medtech on the South Bank of London. In a first-of-its-kind partnership in the UK, King’s College London has teamed up with Pioneer Group, the specialist life sciences real estate and venture building company, to develop […] Posted by: Mya Driver Read more
Planning consent secured for Europe’s largest life sciences building at Canary Wharf Jul 20, 2023 Canary Wharf Group and Kadans Science Partner have secured planning approval from Tower Hamlets Council for the development of a state-of-the-art commercial health and life sciences building at the North Quay site, adjacent to the Crossrail Station and new Elizabeth Line at Canary Wharf, London. The 23-storey 823,000 sq ft tower will set a new […] Posted by: Mya Driver Read more
Planning permission secured for £75m student accom scheme in East London Oct 28, 2022 Southern Grove has secured approval for a £75m mixed-use student accommodation scheme in East London. The Piano Works will be located on the site of a former piano factory in the Fish Island neighbourhood in Hackney Wick, and will be home to 204 students across two six- and seven-storey blocks. The ground floor of both […] Posted by: Nathan Spencer Read more
Plans approved for up to 995 new homes at St Ann’s New Neighbourhood Dec 14, 2022 Housing association Catalyst – part of the Peabody Group – and development partners The Hill Group have been given the green light by Haringey Council for the redevelopment of a site adjacent to St Ann’s Hospital, South Tottenham. The redevelopment will provide up to 995 new homes, 60% of which will be affordable, delivering much-needed […] Posted by: Nathan Spencer Read more
Plans set out to deliver more than 90 new affordable homes in Barkingside Jul 1, 2022 Transport for London (TfL) is working with regeneration specialist, Vistry Partnerships, and housing association, Peabody, on proposals that could deliver 98 new affordable homes in Barkingside. The homes, which the capital urgently needs, will be a range of one, two and three bed homes and will be delivered across three buildings. The new homes will […] Posted by: Nathan Spencer Read more
Plans submitted for London city 21-storey City block Oct 7, 2022 Proposals have been submitted by Developer Dominvs Group to replace a five-storey 1980s office building in the City of London with a 21-storey student housing development. The scheme, designed by 3XN Architects in conjunction with executive architect TP Bennett, would mean the Chapman Taylor’s Friary Court building near Fenchurch Street Station would be demolished. The […] Posted by: Nathan Spencer Read more
Pocket Living secures permission for new affordable homes in Hackney Apr 8, 2022 Innovative affordable housing developer Pocket Living has secured a unanimous resolution to grant planning permission from Hackney Council for a new residential development on Mandeville Street in Hackney, London. Representing Pocket’s third scheme within the Borough, the seven-storey development will utilise a vacant parcel of land formerly used as a health care centre, offering much-needed […] Posted by: Nathan Spencer Read more
Pocket Living submits plans in London for Build to Rent scheme Dec 21, 2021 Innovative housing developer Pocket Living has submitted a planning application to the Old Oak Common and Park Royal Development Corporation (OPDC) for a Build to Rent scheme. The site is at Atlas Wharf, on Atlas Road, NW10, adjacent to the Grand Union Canal. Whilst within the London Borough of Ealing, the site falls under the […] Posted by: Nathan Spencer Read more
Pocket Living to further accelerate housing delivery with £19.3m funding deal secured from Pluto Finance Apr 7, 2022 Affordable housing developer Pocket Living has secured a £19.3 million debt facility with Pluto Finance, a leading provider of finance for property developers and investors, against its recently completed Addiscombe Grove asset in Croydon. This represents Pocket’s second funding partnership with Pluto Finance, which is a 12-month facility structured by LEXI Finance. This deal will […] Posted by: Nathan Spencer Read more
Précis Capital and Carlyle form partnership to finance £251m to Moda Living Jan 25, 2022 The partnership between Précis Capital and Carlyle will finance development loans in the residential asset class, where the acute long-term structural undersupply within the UK’s housing market continues to present compelling investment opportunities, and has already completed its first two loans, with a cumulative value of over £330 million The facility will be used to […] Posted by: Nathan Spencer Read more
