Warrior Property’s flexible office property acquisition supported by Investec

Investec Structured Property Finance is funding Warrior Property Group’s acquisition of a flexible workspace property in London. Warrior Property bought the 32,537sqft Buspace Studios office asset from CLS Holdings last month for £13.5m (€15.1m). Investec said it has agreed to provide the acquisition loan to support Warrior Property’s acquisition of Buspace Studios. Ian Burdett of …

UK property prices increase %4.7 pct y-o-y in May

According to HM Land Registry UK House Price Index (HPI) for May : an annual price increase of 4.7% which takes the average property value in the UK to £220,713 the monthly house prices have risen by 0.5% since April 2017 the monthly index figure for the UK was 115.8 The data shows: in England, an …

New development by Currell Group in London : London Lane

This stunning new development on London Lane, a sought-after road adjacent to London Fields in Hackney, offers a highly-desirable collection of just 14 one, two, three and four bedroom homes with varying layouts, available for sale. All apartments at London Lane feature high-end interior specification throughout and boast ample private outside space, ideal for enjoying …

London office take-up bounces 6% above 10 year average

Take-up of office space in Central London increased by 30% to 3.3m sq ft in Q2 2017, 6% above the 10-year average, according to figures released by global real estate advisor CBRE. The two largest lettings of the quarter were deals to co-working provider WeWork: a 283,500 sq ft pre-let at 2 Southbank Place and …

Your Move : Majority of regions in England and Wales see rents rise

With the majority of rents in England and Wales rising in May it appears that the snap general election had no noticeable effect on the lettings market – according to the latest Buy to let Index from Your Move. Rent are now, on average, sitting at £814 per month with seven of the 10 regions …

Countryside and Notting Hill Housing form joint venture to deliver £330 million regeneration gateway scheme in Barking Town Centre

Countryside, the UK home builder specialising in place making and urban regeneration, and housing association Notting Hill Housing have entered into a partnership to deliver 911 homes for sale and market rent at Fresh Wharf in Barking Town Centre, along with complementary space for cafés, restaurants, commercial and community use. Folio London, Notting Hill Housing’s …

Telford Homes Plc signs a pre-construction development agreement with Greystar to build rent homes in London

Telford Homes Plc announced that it has signed a pre-construction development agreement with Greystar, a global real estate company, to deliver 894 build to rent homes, together with extensive facilities, close to the River Thames at Nine Elms, Battersea. Greystar have exchanged contracts to acquire two plots of land from Royal Mail plc. The pre-construction …

British Land and Oxford Properties complete the sale of The Leadenhall building to C C Land

British Land and Oxford Properties (the global real estate arm of OMERS, the pension plan for Ontario’s municipal employees) today announce that they have completed the sale of The Leadenhall Building to C C Land. The terms of the transaction are as set out in the press release issued on 1 March 2017 announcing the …

Contemporary development of new homes in London Docklands by Bellway

Dockside is a contemporary development of new homes in London Docklands, comprising a mix of 1, 2 and 3-bedroom apartments. All properties are built to a high specification with quality fixtures and fittings, and all enjoy a concierge service. Most apartments boast waterside views and balconies, and many include integrated kitchen appliances. Situated just three …

London new build sales fall up to 41%, says LCP

With completed new build sales now registered for 2016, London Central Portfolio has analysed the marked effect that residential tax changes and Brexit uncertainty has had on this market. According to just released Land Registry data, new developments in Prime Central London (PCL) have been worst affected. Completed sales of new flats were down 41.4% …