Property Investment News
Aussie fund makes another massive London investment, taking 50% of British Land’s Canada Water Masterplan
British Land has formed a 50/50 joint venture with Aussie pension fund AustralianSuper (which also owns most of King's Cross) to "accelerate" the delivery of the 53-acre Canada Water regeneration scheme…
Specialist VC Pi Labs raises $90mn to back proptech start-ups
Faisal Butt's property-focused venture capital firm hopes to double its portfolio of technology start-ups by 2025, as it continues the hunt for a unicorn.
Record year for Scottish estate sales, as climate action drives demand
A record £250mn was spent on Scottish estate acquisitions last year, reports Strutt & Parker.
Institutional resi investment ‘comes of age’ in Europe
“Europe’s multifamily market has grown from a small, geographically concentrated, and arguably simplistic market to an asset class and investment opportunity with more depth and complexity than ever bef…
London’s Red Squares: Exploring the capital’s hotspots for HNW Russian property buyers
"An attraction of the UK as a whole for Russian buyers was that they felt their assets were safe here," says estate agency boss Mark Pollack
Vatican seals Sloane Ave sale after fielding 16 bids
A landmark Chelsea block once earmarked for luxury residential conversion has been sold by the scandal-hit Vatican.
CapitalRise backs 23-apartment Gloucester Road scheme
"High calibre borrower" secures £8.3m to finance the development of a Victorian townhouse in South Kensington.
In Pictures: GII secures £82m for Lucan Place luxury resi scheme
The KPF-designed development of the former Chelsea Police Station is now due to complete in early 2024.
Build-to-rent investment tops £4bn
Institutional investment in purpose-built rental homes jumped by 19% last year, while deal volumes leapt by a third.
Prime London is ‘returning towards a pre-pandemic rental market’
London Central Portfolio saw an 11% jump in agreed rents on new tenancies in Q4 2021, "correcting the deep discounts that were granted during the same period in 2020".
MARK teams up with SevenCapital to build RBKC’s tallest tower
Birmingham-based SevenCapital has made its second big play in London in seven months, taking over from Londonewcastle as MARK's JV partner at 100 West Cromwell Road - with plans to build the tallest tower…
Planning nod for Heaton’s ‘Other House’ project in Covent Garden
Designs for The Other House Covent Garden - a JV between London Central Portfolio and APG - have been drawn up by architects Falconer Chester Hall and interior designers Bergman Design House.