A mixture of our favourite news articles from the property world. This includes new developments, auction dates and changes to the UK law.

The Brexit Vote and UK Property Six Weeks On -HZA

UK Property finance:- Deals for smaller lot sizes have been completing at pre-vote Brexit pricing levels while the high-profile sales pushed through by managers to fund redemption requests have sold at a discount but have achieved “quick sale” rather than “fire sale” prices, reports BMO Real Estate Partners in a catch up research paper on the impact of the EU Referendum on UK commercial property. UK Property finance -HZA Focusing on how UK commercial finance and real estate investment has [...]

By |2021-11-13T09:31:34+00:00November 5, 2017|Blog, mycrousal, News, Planning News|0 Comments

£200m Luxury Care Home Next to Harrods Gets Consent

A Singaporean developer has gained consent for a £200m luxury care home development - understood to be the first to be built in central London - a stone's thrown from Harrods' iconic department store in Knightsbridge. Singapore-listed City Developments Limited (CDL), through its wholly-owned subsidiary Beaumont Properties Limited, represented in the UK by Dartmouth Capital Advisors Limited, has gained consent for 34 two-bed apartments, ranging in size from 1,250 sq ft to 2,110 sq ft, at 28 Pavilion Road, London, [...]

By |2021-11-13T09:31:40+00:00October 28, 2017|Blog, mycrousal, News, Planning News|0 Comments

Urbanest Refinances £640m London Operational Portfolio

Bridge Loan:- Central London student accommodation operator and developer Urbanest has refinanced its five-asset, £640m operational portfolio in one of the year’s biggest real estate transactions, CoStar News can reveal. Urbanest has reached a bilateral agreement with funds managed by M&G Investments and Aviva Investors Real Estate Finance for a £350m senior facility secured against Urbanest’s 2,520-bed portfolio of purpose built student accommodation. The refinancing represents a bridge loan-to-value ratio of 55% which implies a valuation on the whole portfolio [...]

By |2021-11-13T09:31:47+00:00October 25, 2017|Blog, mycrousal, News, Planning News|0 Comments