SHUAA and Northacre announce successful completion of prestigious real estate portfolio management Feb 1, 2023 SHUAA Capital psc, the region’s leading asset management and investment banking platform, and Northacre, London’s leading super prime developer with over 30 years of experience in creating exceptional living spaces, today announced the successful completion of its five-year portfolio management through SHUAA’s subsidiary, Astrea in London. The portfolio management builds on the track record established […] Posted by: Nathan Spencer Read more
Sidra Purchases London Square for £40m Jun 23, 2023 Sidra Capital, a Saudi Arabian alternative asset management firm, has confirmed its acquisition of London Square, a multi-tenant office building in Guildford. The purchase, which cost just over 40 million pounds was made from M&G Real Estate. The property covers 133,290 square feet, includes three buildings, and provides 313 parking spaces. London Square is a […] Posted by: Mya Driver Read more
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
Silbury Finance provides retirement living specialist Audley Group with £59 million investment loan Oct 7, 2022 Silbury Finance (“Silbury”), the Oaktree Capital Management-backed development lender, has provided Audley Group (“Audley”), the UK retirement village provider, with a £59 million investment facility, secured against four retirement villages located across Greater London and the Midlands. The two-year, 75% LTV facility refinances an existing loan and will support Audley as it progresses with the […] Posted by: Nathan Spencer Read more
Silbury provides £43m in loans to unlock Aldgate and Bath developments Jan 25, 2022 Silbury Finance (“Silbury”), the development lender backed by Oaktree Capital Management, has provided two senior loans, totalling £43 million, to fund the development of two residential schemes in Aldgate and Bath. Reflecting Silbury’s commitment to funding new developments that meet the highest environmental standards, both loans include a discount on the exit fee for the […] Posted by: Nathan Spencer Read more
Singapore based GIC acquires 75% stake in British Land’s Paddington Central assets in £700m deal Apr 28, 2022 British Land is pleased to announce they have exchanged on the sale of a 75% interest in the majority of their Paddington Central assets to GIC. This transaction establishes a new joint venture (the “Joint Venture”) with ownership split 75:25 for GIC and British Land respectively. Completion is unconditional and will be within three months. […] Posted by: Nathan Spencer Read more
Slough Trading Estate rounds off bumper year with new letting Dec 22, 2021 SEGRO has rounded off a busy and successful year at Slough Trading Estate by agreeing a new lease with a long-standing customer which is expanding its operations on the Trading Estate. Hanovia, which has been based on the Trading Estate for almost 100 years and provides chemical free, ultraviolet disinfection systems for water treatment, has […] Posted by: Nathan Spencer Read more
SREF partners with IED to acquire £162m Romford retail warehouse and leisure scheme Jan 24, 2022 The Schroder UK Real Estate Fund (SREF) has announced it has partnered with Zurich Investment Foundation Immobilien Europa Direkt (‘IED’, a Schroders Capital managed, pan-European strategy) to acquire “The Brewery”, a prime supermarket anchored, retail warehouse and leisure scheme in Romford, Greater London for £162 million in a 50:50 joint venture. The Brewery comprises a […] Posted by: Nathan Spencer Read more
St Albans City Hospital redevelopment gets greenlight Oct 7, 2022 As part of the overall plans to develop the three West Hertfordshire Hospitals, St Albans, Hemel Hempstead and Watford General, the proposals to redevelop the hospital mean the vision to give each centre a distinct role within the community take a step closer. Associate Director of the Regional Development Programme Mr Tim Duggleby, told the […] 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
Station development plans to be unveiled for £116M restoration of abandoned Scots railway Oct 7, 2022 Network Rail is set to unveil plans for a station development as part of the £116.6M Levenmouth Rail link project. The new station developments are at Leven and Cameron Bridge The station plans were developed in conjunction with stakeholders, and these drop-in events follow Fife Council’s consultation on the wider ‘place-making’ aspects of the developments. […] Posted by: Nathan Spencer Read more
Sun Venture expands London portfolio to £900m with latest acquisition Feb 2, 2022 Sun Venture has acquired 120 Moorgate, a freehold property situated in a strategic position in the heart of the City of London which is set to benefit from the opening of The Elizabeth Line at Moorgate station. They acquired the property from WeWork for £148m. The newly redeveloped freehold, which includes a striking new façade […] Posted by: Nathan Spencer Read more
