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Goodman secures planning to transform M1 logistics site into state-of-the-art commercial park

Vauxhall’s former aftersales warehouse in Luton, Bedfordshire, is to be transformed into a 1.2 million sq ft industrial and logistics park after Goodman secured outline planning permission for the development. Goodman will regenerate the existing site and take a circular approach to construction, focusing on minimising waste and resources in delivering Goodman London Luton. The […]

Posted by: Nathan Spencer

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Google to invest over £700m in UK workspace

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

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Government funding to bring £3.5bn dockland neighbourhood to life

Homes England will provide £233m of infrastructure loan funding to help bring forward a new £3.5bn neighbourhood at Silvertown in East London – one of the country’s most significant regeneration projects. Sitting within London’s only Enterprise Zone at the Royal Docks, the Silvertown site in Newham has been derelict for the last 40 years and […]

Posted by: Nathan Spencer

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GPE secures resolution to grant planning permission at Minerva House

Great Portland Estates plc (GPE) announces that Southwark Council has resolved to grant planning permission for the high-quality redevelopment of Minerva House, SE1. The proposals, designed by Ben Adams Architects, are to re-use and extend the existing office building on the Southbank of the River Thames, which will be re-designed to meet GPE’s four strategic […]

Posted by: Mya Driver

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GPE sells 50 Finsbury Square, EC2 for £190 million

Great Portland Estates plc (GPE) has exchanged contracts on the sale of the freehold of 50 Finsbury Square, EC2 to a wholly owned subsidiary of Wirtgen Invest Holding GmbH, a private German family office. The headline price of £190.0 million (subject to adjustment for final building area and retail leasing) reflects a topped up net […]

Posted by: Nathan Spencer

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Grainger and TfL partnership get green light for residential led scheme

Connected Living London (CLL) – the formal partnership between Grainger plc and Transport for London (TfL) – has been given the green light by Enfield Council to bring forward its new development by Cockfosters London Underground station, subject to conditions. The 1.36 hectare development will deliver 351 new rental homes, including 40 per cent affordable […]

Posted by: Nathan Spencer

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Gravesham community investment programme to deliver regeneration and new homes

Award-winning housebuilder The Hill Group and Gravesham Borough Council have announced a strategic joint venture partnership to bring long-term investment and create new homes and amenities for the local community. The Gravesham Community Investment Partnership will support the council in achieving its new build programme to deliver hundreds of affordable homes across the borough. Schemes […]

Posted by: Nathan Spencer

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Great Portland Estates splashes £36.5m on London assets

GPE is delighted to announce the acquisition of the long leasehold interest at 7/15 Gresse Street and 12/13 Rathbone Place, W1, for £36.5m (£847psf, 5.6% NIY). The building has been home to the Fashion Retail Academy since 2005, which will remain in occupation until the precise timing for its relocation to a larger new home […]

Posted by: Nathan Spencer

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Green makeover for Woolgate Exchange approved by City of London

Leading UK developer Stanhope PLC and the Woolgate Exchange Unit Trust (WEUT) are moving forward plans for a full refurbishment of Woolgate Exchange, after receiving official planning consent from The City of London Corporation following the successful completion of their Section 106 agreements. The nine-storey building, newly named Woolgate, has been reimagined by leading architecture […]

Posted by: Mya Driver

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Greystar acquires BtR site in Stratford

Greystar and Lifestory have exchanged contracts on an attractive BTR scheme, Stratford Mill, for £20 million. Consisting of 245 units, the site is located adjacent to Pudding Mill Lane station and benefits from excellent transport links into central London. Construction on site is due to commence in the second quarter of 2024, with completion anticipated […]

Posted by: Mya Driver

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Greystar acquires BTR site in Stratford, London

LONDON, 21 June 2023 – Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing, today announced it has acquired an attractive build-to-rent (“BTR”) site in Stratford, east London, with an existing capital partner, in the latest phase of its successful growth strategy in the UK. The […]

Posted by: Mya Driver

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