Victory Group secures £45m loan for its first UK redevelopment
The firm plans to undertake a deep retrofit of the building in St James’s, London, to add a new facade, upgrade the interior and create an additional floor of office…
Honey gets go-ahead for £41m residential scheme in Nottingham
The Raleigh scheme in Eastwood will comprise two-, three- and four-bedroom homes split between terrace, semi-detached and detached properties. The post Honey gets go-ahead for £41m residential scheme in Nottingham…
Verdion and L&G join forces to buy south London urban logistics site
The partners plan to speculatively develop around 79,000 sq ft of urban logistics floorspace across six units at the West Thamesmead site. The post Verdion and L&G join forces to…
‘Nature is not the enemy’ of housebuilding, says Environmental Audit Committee
According to a report by the EAC, using nature as a “scapegoat” means the government will be “less effective at tackling some of the genuine challenges facing the planning system”.…
Lone Star acquires 16-asset portfolio from St James’s Place
The largest element of the mixed-use portfolio is 10 multi-let industrial assets mainly in Greater London and the South East. The post Lone Star acquires 16-asset portfolio from St James’s…
Metrocentre secures £70m refinancing with Lloyds
The funding comprises a £50m term loan and a £20m revolving credit facility. The post Metrocentre secures £70m refinancing with Lloyds appeared first on Property Week. Please visit: Our Sponsor
Worcester’s Lowesmoor Wharf acquired out of receivership by local firm
The 41-unit estate generates an annual rental income of more than £450,000 and was guided at £4.25m. The post Worcester’s Lowesmoor Wharf acquired out of receivership by local firm appeared…
Peabody’s 564-home Ealing scheme scrapped over viability issues
Peabody's council partner cited the Building Safety Act's requirement for two staircases as a major factor in making the west London scheme unviable. The post Peabody’s 564-home Ealing scheme scrapped…
Stonewater secures £100m to retrofit homes
The funding for the social housing provider is split 5o/50 between Santander and The Co-operative Bank. The post Stonewater secures £100m to retrofit homes appeared first on Property Week. Please…
Dozens of flex firms warn of ‘existential threat’ from business rates reclassification
Faced with huge increases to their liabilities, operators have warned they have no choice but to pass on the costs to their occupiers or risk closure themselves. The post Dozens…