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January 2019

Regent’s Crescent in Marylebone receives £350 million development package

Regent’s Crescent in Marylebone receives £350 million development package

The regeneration of Regent’s Crescent in Marylebone, London — a historic, Grade I listed building originally designed by architect John Nash — has received huge financial backing for a 76-unit residential development. A syndicate of five lenders based in the UK and the Middle East has provided £250 million of...
30th January 2019
Reuben brothers acquire two large Soho sites for Shiva hotel development

Reuben brothers acquire two large Soho sites for Shiva hotel development

David and Simon Reuben have acquired 54 and 55-57 Great Marlborough Street in Soho from private equity firm Quadrum Global for an undisclosed sum, with planning permission for hotel, restaurant and bar space. This new deal comes after the brothers bought land to the rear of 54-55 Great Marlborough Street...
27th January 2019
Legal and General Capital receives planning for Dragons’ Den conversion

Legal and General Capital receives planning for Dragons’ Den conversion

47 Tanner Street, best known as the location for the popular BBC show Dragons’ Den, is set to be converted into a new office scheme through a joint venture between Legal & General Capital and Dutch pension fund PGGM. The new plans for the 62,100 sq ft site — which...
24th January 2019
Google takes up additional space in London ahead of move to Kings Cross

Google takes up additional space in London ahead of move to Kings Cross

Global digital juggernaut Google has taken up even more office space in London as it continues to plan for the opening of its £1 billion headquarters in Kings Cross. With over 4000 staff now working in the capital, the firm is set to secure another 20,000 sq ft of space...
21st January 2019
Premier Inn receives go ahead for large hotel development in North London

Premier Inn receives go ahead for large hotel development in North London

Whitbread and its development partner Locate Developments have secured planning permission for a large new Premier Inn hotel and restaurant in Chipping Barnet in North London. Built on the site of a former carpark next to The Spires shopping centre and in close proximity to Barnet High Street, the property...
18th January 2019
ABP appoints joint agents for £1.2 billion East London development

ABP appoints joint agents for £1.2 billion East London development

Chinese developer ABP has appointed Cushman & Wakefield, Glenny and Savills as joint letting agents for the office part of its £1.7 billion development at Royal Albert Dock – an impressive, 35-acre site in East London. The scheme will be comprised of a massive 4.7 million sq ft of mixed-use...
14th January 2019
Square Mile receives £385 million Singaporean investment

Square Mile receives £385 million Singaporean investment

Continuing the trend of Asian investors making significant deals in London, Blackstone has sold the prime site at 125 Old Broad Street (once known as Stock Exchange Tower) to Singaporean investor City Developments. Not only is this yet another clear demonstration of foreign investors’ confidence in the London market, at...
11th January 2019
Sir James Dyson acquires £26 million office building in London

Sir James Dyson acquires £26 million office building in London

After announcing plans to build an electric car factory in Singapore, billionaire inventor and entrepreneur Sir James Dyson has acquired another significant property to add to his impressive portfolio — a £26 million office block at 100 Union Street in central London. Sited between Southwark and Borough Tube stations, the...
8th January 2019
Hammerson and Ballymore announce revised plans for Bishopsgate Goodsyard

Hammerson and Ballymore announce revised plans for Bishopsgate Goodsyard

Joint venture partners Hammerson and Ballymore have been attempting to develop the 10-acre site at Bishopsgate Goodsyard in Shoreditch for a number of years. However, previously proposed plans — for a 1,356-home scheme with 883,000 sq ft of office and retail space — have been met with strong opposition from...
5th January 2019
CBRE enters flexible office market

CBRE enters flexible office market

Global commercial real estate giant CBRE has added another string to its bow with the launch of Hana, a new service offering flexible working environments that will enable the firm to tap the ever-growing flexible office market. Hana will offer three services: Hana Team, Hana Meet and Hana Share, each...
2nd January 2019

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