February 2019

Telford Homes has sold its Walthamstow build-to-rent scheme to a joint venture between Henderson Park and Greystar for £105.5 million. The firm acquired the 3.16-acre site in December 2017, and has since obtained planning permission for 337 new residential units — including 80 affordable homes — and 18,830 sq ft...

Regeneration specialist Galliford Try Partnerships has signed a development agreement with Ealing Council to create a £275 million mixed-use scheme at Perceval House. The development will be comprised of 470 new homes, council headquarters, a new library and customer services centre and new retail premises, as well as residential and...

Investment firm Ashby Capital, established by Peter Ferrari in 2013, is in advanced talks to purchase 127 Kensington High Street and Kensington Arcade in a significant £200 million deal. As part of the entrance to High Street Kensington tube station, the site — known as the Boots Building — enjoys...

The West Stand at Leyton Orient Football Club’s stadium on Brisbane Road in East London has been put up for sale with a guide price of £8 million — which if achieved will reflect a 6.8% yield. The seven-floor property is comprised of a 56,000 sq ft medical polyclinic and...

Hong Kong billionaire Samuel Tak Lee has threatened legal again against Shaftesbury after failing to axe three senior board members at the group’s annual meeting (AGM). He claims that a £265 million fundraising push carried out in December 2017 was part of a strategy to dilute shareholders and prevent him...

Development company Ocubis, owned by Foxtons founder Jon Hunt, has secured planning permission to construct a new 145-room hotel on 49–51 Paul Street in East London’s trendy Shoreditch area. An extremely successful businessman in London, Hunt sold estate agency Foxtons for £375 million just before the credit crunch, and this...

By the end of 2018, CCLA Investment Management instructed Savills to put 80 Cannon Street in the City of London on the market for £60 million. The specialist charity and religious organisations fund manager purchased the property in 2014 for £44.5 million, and the new asking price reflects a 4.5%...

Stanhope and Network Homes have been given the go ahead to start work on their £200 million Ealing development. The large mixed-use scheme — located in Merrick Place, in close proximity to Southall railway station — will be four separate buildings of between 15 and 23 storeys, comprising 575 new...

M&G Real Estate is set to acquire the Financial Times’ headquarters, One Southwark Bridge in London, for £115 million — 28% above the asking price originally set by current owner, Pearson. Former owner of the Financial Times itself, Pearson sold the newspaper to Japanese firm Nikkei in 2015 but retained...