Developments
Is this the biggest prime resi development opportunity since Chelsea Barracks?
An extraordinary 3.5-acre swathe of prime Chelsea worth up to £1bn could be coming available soon, if the rumours are to be believed this afternoon.
Green Property & Dalian Wanda complete One Nine Elms deal
Green Property's sale of the epic One Nine Elms scheme to Chinese conglomerate Dalian Wanda Group has been completed.
42-acre rock star hotel site offered for resi development
A "landmark" development site on the banks of the Thames in South Buckinghamshire has been put up for sale by Irish "bad bank" NAMA, after an option by Barratt Homes expired.
Singapore buyer exchanges on £200m Royal Wharf development site
Royal Wharf, a 37-acre site on the Thames, has been sold for around £200m to Singapore-listed developer Oxley Holdings.
Almacantar bags £220m loan for Centre Point scheme
Almacantar has reportedly secured a £220m monster-loan from US-based Starwood Property Trust and Starwood European Real Estate Finance for its ambitious Centre Point redevelopment.
Amazon backs ISG for Nash crescent resi development
Amazon Property has again plumped for ISG to handle its latest project, a £20m scheme to restore three buildings on a Nash-designed terrace overlooking Regent's Park back to full resi use.
Public View: Battersea Power Station opens up
The Battersea Power Station Development Company is throwing open its doors, inviting all and sundry to take a gander at the project's detailed design proposals.
Confidence boosting prime London markets – CBRE
"London’s credentials as a safe haven for investment remain its greatest asset," says Mark Collins in CBRE's Q3 prime London resi market report as sales volumes lift 7% and prices 1.
Abu Dhabi Islamic Bank debuts in London with £20m office-to-resi scheme
Abu Dhabi Islamic Bank (ADIB) has made its first foray into the London property market with a £20m deal to fund the development of Westbourne House on Westbourne Grove, London.
English Rose buys Strand office-to-resi scheme
Fitzrovia-based developer English Rose has bought the long leasehold on a luxury resi scheme on the Strand.
Legal & General Property sold the upper parts of 406-408 Strand for £11.
CIL changes will exempt self-builders and allow developers to “pay in kind”
In an effort to make self-built "grand designs" more mainstream, the government has decided to exempt home-made new buildings over a certain size from the Community Infrastructure Levy.
Cavendish Square mansion block goes for resi conversion
Harcourt Investments - an SPV by Sunley Group - has bought Harcourt House on Cavendish Square for something close to £75m, with a plan to turn the ornate Edwardian mansion block back into resi.