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City of London Corporation sees almost 70% increase in office development in 2021

The City of London Corporation has revealed figures showing a year-on-year increase in office floorspace approved within new Square Mile developments. In 2021, its Planning and Transportation Committee resolved to approve a total of 4,360,944 sq.ft* of new office floorspace. This compares with 2,582,348 sq.ft in 2020 – an increase of almost 70% year on year. […]

Posted by: Nathan Spencer

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Clearbell closes £150m investment programme

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

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Cohort Capital £11 Million Loan for West London Life Sciences Hub

Cohort Capital has facilitated a £11 million loan for the refinance of The Life Science Park located in Sunbury-on-Thames, West London. The park, which is housed in a Grade II-listed Victorian pump house, underwent extensive conversion and restoration in 2022. Spanning over 55,000 square feet, the park comprises high-quality laboratory space. The loan, with a […]

Posted by: Mya Driver

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Council in strong position to deliver for residents after capital injection following sale of council-owned company

Merton Council has today (May 31) published details of an £186 million capital injection in its annual accounts following the January 2023 sale of CHAS 2013 Ltd, a wholly-owned subsidiary of the authority. This puts the council in a strong position to deliver on its ambitions to build a better Merton, that everyone can take pride […]

Posted by: Mya Driver

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Development in future: Thames Estuary flood risk

The Environment Agency and a number of other bodies are looking towards the end of the century to ensure homes, businesses and critical services from Teddington to Sheerness and Southend remain protected by updating the Thames Estuary 2100 Plan. The Environment Agency is calling on communities and organisations to play their part in updating the […]

Posted by: Nathan Spencer

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Dolphin Living welcomes new Finance Director as housing provide continues growth

Dolphin Living, one of the UK’s most innovative and forward-thinking providers of intermediate affordable housing, has welcomed Gary Preston to the team as Finance Director. In his role he will provide strategic and financial guidance to support the growth of the organisation and provide more high-quality housing for London’s workers on modest incomes. Gary joins […]

Posted by: Nathan Spencer

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Dominus gains planning permission for 769 student accom in London

REAL-ESTATE company Dominus has secured permission for a mixed-use scheme in the heart of the City of London as it aims to become the Capital’s largest developer of student accommodation. Today’s approval means Dominus has gained planning permission for 2,591 beds of purpose-built student accommodation in London, forming a key plank of its ambitious 10-year […]

Posted by: Mya Driver

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Dominus Real Estate secures prime Square Mile office site at 5-10 Great Tower Street

Dominus Real Estate has further expanded its portfolio in the heart of London, with the successful acquisition of the prestigious RBS building from Natwest at 5-10 Great Tower Street. Through a highly competitive process, Dominus secured the 55,817 sq ft building for £27.5 million and completed the transaction entirely through equity.    With the acquisition finalised, […]

Posted by: Mya Driver

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