Properties
Hey Big Lender: Development finance landscape looking rosy – Knight Frank
The majority of lenders plan to up their funding of residential development funding over the next 12 months, continuing 2013's shift towards being more ready with the readies.
Resi conversion plans go in for West Brompton skyscraper
Towering over West London, 1960s landmark The Empress State Building could be about to undergo an office-to-resi conversion.
Northacre buys up Minerva’s stake in The Lancasters
As we reported at the beginning of the month, developer Northacre has been in talks to acquire JV partner Minerva's stake in acclaimed W2 scheme The Lancasters.
The Lancasters
English Rose partners with Topland on Strand office-to-resi scheme
English Rose Estates, which bought 406-408 Strand for £11.625m back in October, has made the 13-unit scheme into a joint venture with Sol Zakay's Topland Group.
Canary Wharf “neighbourhood” plans submitted with 3,100 homes
Songbird Estates - the majority owner of the Canary Wharf Group - has submitted a masterplan for 20 acres around Wood Wharf that includes 3,100 residential units and aims to transform the area into something…
Native Land’s Lambeth Fire Station deal fizzles out
The London Fire and Emergency Planning Authority has reportedly voted to terminate its agreement with prime developer Native Land.
More luxury resi for Covent Garden as Capco bags planning nod
That bit of Covent Garden between King Street and Floral Street is set to undergo a major transformation - and gain 45 prime resi units - after Capco got the thumbs up from Westminster planners last night.
“Serious risk of oversupply” in parts of prime central London market – Candy
Warm on the heels of Savills' warnings about oversupply at the top end of the market, One Hyde Park supremo Nick Candy has also been voicing his concerns about the number of prime and super-prime schemes…
Nod for £50m prime Edinburgh resi scheme
Edinburgh-specialist developer Queensberry and Telereal Trillium have won detailed planning permission for 81 high-end homes in one of the city's most high-falutin suburbs.
The 4.
English Heritage bags an extra £5m to ease charity transition
English Heritage has secured an extra £5m to add to it's £80m war chest to help it segue into charity status.
Read William Cash's interview with EH boss Dr Simon Thurley here.
Grosvenor raises £210m of debt for Belgravia spending
Sounds like there's a prime spending spree in the offing; Grosvenor has raised £210m of unsecured long term debt to "help finance forthcoming investment in Belgravia."
California Scheming: Cantilevered Surrey villa scoops another gong
An extraordinary modernist villa in Surrey has been crowned "Best Family Home" at the Sunday Times British Home Awards, adding to its impressive haul of accolades for the year.