True North, a real estate investment and management company, said it is aiming to deliver 1,500 co-living units as it sees significant demand for high-quality, well-managed rental assets for middle-income Londoners.
Dalata Hotel Group has acquired the Apex Hotel London Wall for £53.4m from Apex Hotels, subject to standard contractual conditions and approvals.
Bank of China (Hong Kong), V and ING Bank closed what at the time was the UK’s largest real estate financing deal, when they jointly secured funding for CC Land’s £1.15bn acquisition of City of London skyscraper the Cheesegrater.
Property finance specialist MSP Capital has agreed a £100m development funding facility with London-based asset manager and private equity firm Pollen Street Capital.
Luxury fashion giant Chanel has agreed a new 20-year lease in Mayfair which will see it double the size of its global headquarters.
The 18,000 sq ft former Rainforest Café Trocadero on London’s Shaftesbury Avenue is to become an alpine cook haus and Bavarian bier palace after Criterion Capital signed Albert’s Schloss on a 25-year lease for its first London restaurant.
Brunswick Property Partners, acting on behalf of its £1bn Akoya workplace vehicle, has secured two leases for around 18,000 sq ft at the recently refurbished Power Road Studios creative office campus in Chiswick, West London, Property Week can reveal.
UK Commercial Property REIT (UKCM) has sold its 186,455 sq ft Wembley180 logistics asset in north London to registered charitable company Covent Garden IP for £74m, reflecting a net initial yield of 3.49%.
The London Borough of Camden has launched its search for a development partner on a mixed-use scheme with an estimated gross development value (GDV) of £500m.
Conversion of unused office space in London’s Central Business District (CBD) could create 8,010 new homes, according to a report by JLL.
