Lily Lin is the new boss at the firm behind the super-prime transformation of Bayswater’s Whiteleys shopping centre, Meyer Bergman, having been UK head of China’s largest residential developer.
American hedge fund giant Avenue Capital has pledged £200m to Luke Townsend’s Sir John Beckwith-backed specialist property lender, for property development and investment loans for SME housebuilders in the UK.
Westbrook has sold the famous Dolphin Square apartment complex in Pimlico to AXA Investment Managers.
Sidra Capital’s Rishi Khurana has joined Osborne+Co’s founder Conor Osborne in a new venture that’s aiming to build a £1bn mixed-use portfolio in the next 12 months.
Luke Banks has moved from leading luxury Dubai developer Sobha in the UK to helming the new Middle East division of Thomas Balashev’s Montague Real Estate.
“Our goal is to become one of the leading and most diversified residential development groups in Europe,” says Cordia International’s Chairman Tibor Földi. “The acquisition and recapitalization of Blackswan is not only our debut in the UK, but the latest milestone of our international expansion strategy.”
American hedge fund billionaire has dropped around $950m on super-prime homes in the USA and London.
Linda Morant has been recruited as the first Chief Digital Officer at The Crown Estate.
Covent Garden owner Capco has agreed to buy a 26.3% stake in West End landowner Shaftesbury Plc, for £435.9m.
One of Hong Kong’s big property mavens is touting a plan to build a whole new city in Ireland, to home around 50,000 emigrants from his semi-autonomous Chinese hometown.
“In macro-economic terms, Covid is just about as bad as it gets,” says Leconfield and Fairway Capital founder George Brooksbank. “Yet, if current conditions grant us access to some of the more rarely traded properties in London’s golden postcodes, there is enormous opportunity to add value in this historically robust market.”
UBS has surveyed a few thousand wealthy investors around the globe to identify a series of emerging trends, including strong intentions to move either closer to family or to less populated areas.