Office Sale Negotiations
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Office Sale Negotiations

J.P. Morgan Asset Management is currently negotiating the sale of Foundation Park, its office and laboratory campus in Maidenhead, for approximately $60 million. Acquired in 2015, this property has been a significant asset, featuring extensive office and lab spaces. The sale is part of J.P. Morgan's strategy to streamline its real estate portfolio and maximize the property's value.

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Residential Acquisition
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Residential Acquisition

KKR has purchased the Slate Yard, a residential development with 424 units located in Salford's New Bailey, from Legal & General for over £100 million. The development comprises three buildings, completed between 2017 and 2020, offering luxury apartments and various amenities. This acquisition demonstrates the ongoing strong interest from investors in high-quality build-to-rent properties in the UK.

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Hospitality Acquisition
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Hospitality Acquisition

A buyer, whose identity has not been disclosed, has purchased Morley House, a significant hotel development site at 26-30 Holborn Viaduct in London, from H.I.G. Capital for £250 million. The site has approval for a 274-room hotel, featuring an 11-storey building with a rooftop bar. This deal underscores the strong investor interest in premium hotel projects in central London.

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Hospitality Acquisition
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Hospitality Acquisition

AMTD IDEA Group has purchased the hotel component of the Hornsey Town Hall development in London from Far East Consortium for £47.2 million. This project features a 68-room boutique hotel, 146 residential apartments, and an arts and community center. The acquisition supports AMTD's goal of enhancing cultural and community spaces while expanding its real estate portfolio.

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Mixed-Used Acquisition
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Mixed-Used Acquisition

Buccleuch Property has purchased a mixed-use building at 116-126 Wardour Street in Soho, London, from Landsec for £14 million. The property covers 12,440 sq ft across six buildings and includes spaces for retail, restaurants, residences, offices, and a public house. This acquisition fits Buccleuch's strategy of investing in properties with strong tenant appeal and asset management potential.

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Hospitality Acquisition
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Hospitality Acquisition

Tenigla has bought the 30-room Karma Sanctum Hotel in Soho, London, from Aprirose for £22 million. This unique hotel, famous for its rock 'n' roll vibe, features a rooftop bar with a jacuzzi, an underground members' bar, and the Wild Heart bar and Japanese Shokudo restaurant. The deal provides liquidity for Aprirose's investors and allows Tenigla to grow its real estate holdings.

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Residential Loan
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Residential Loan

Glenbrook has obtained a £152 million forward funding facility from Barings to develop a mixed-use project in Leeds. This development, located near the city centre, will include 618 apartments spread across five buildings, along with over 10,000 sq ft of amenity space and 3,800 sq ft of commercial space. The project aims to provide high-quality living spaces and contribute to the revitalization of the Kirkstall Road area.

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Residential Loan
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Residential Loan

Commercial Estates Group (CEG) has obtained a £29 million loan from Leumi UK to refinance and develop a residential project in Birmingham. This scheme, situated on Smallbrook Queensway, will include three Build-to-Rent towers with a total of 1,635 apartments. The project aims for a BREEAM Excellent rating, featuring sustainable elements like solar panels and energy-efficient ventilation systems.

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REIT Takeover Rejected
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REIT Takeover Rejected

Warehouse REIT has turned down a fourth acquisition proposal from Blackstone and Sixth Street Partners, which valued the company at £470 million. The offer, made on February 23, 2025, was priced at 110.5p per share, representing a 34.1% premium to the closing share price on February 28, 2025. Despite the premium, Warehouse REIT's board felt the offer undervalued the company, highlighting its strong investment case and growth potential.

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Office Acquisition
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Office Acquisition

TotalEnergies, a leading French energy firm, has purchased the West Campus headquarters in Aberdeen from Gulf Islamic Investments for £18 million. This move underscores TotalEnergies' commitment to strengthening its operations in the UK, especially in the North Sea area. Additionally, it aligns with their strategy to boost their footprint in the renewable energy market.

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Hospitality Portfolio Sale
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Hospitality Portfolio Sale

Swedish entrepreneur Lennart Perlhagen has invested £300 million in Firmdale Hotels, acquiring a stake in their portfolio of 11 boutique hotels located in London and New York City. This marks the first time Firmdale Hotels, founded by Tim and Kit Kemp in 1985, has welcomed an external investor. The portfolio includes renowned properties such as the Ham Yard Hotel in London and the Crosby Street Hotel in New York.

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Retail Park Acquisition
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Retail Park Acquisition

Orchard Street Investment Management has purchased St. George's Retail Park in Leicester from Tritax Big Box for an undisclosed amount. This acquisition adds a 192,695 square foot prime retail space, featuring well-known high street brands, to Orchard Street's portfolio. The purchase aligns with their strategy of investing in high-quality, sustainable urban properties.

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Student Housing Loan
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Student Housing Loan

Vita Group has obtained a £200 million loan from Eldridge Capital to build a 48-story student housing tower in Canary Wharf. The development will provide 1,068 beds, meeting the growing demand for student accommodation in London. This funding highlights Eldridge Capital's strategic investment in the strong UK student housing market.

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London Retail Acquisition
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London Retail Acquisition

Prada has purchased the prominent retail space at 150 New Bond Street in London from M&G Life Fund for £250 million. This acquisition highlights Prada's dedication to strengthening its footprint in one of the world's most renowned shopping areas. The move reflects a broader trend of luxury brands securing prime locations on New Bond Street.

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REIT Loan Facility
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REIT Loan Facility

Suntec REIT, a leading real estate investment trust, has arranged a £205 million loan facility with OCBC Bank. This funding will bolster their financial flexibility and support their key London office properties, including the Nova Properties and The Minster Building. The agreement highlights Suntec REIT's dedication to maintaining and growing its premium asset portfolio in prime locations.

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London Hotel Acquisition
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London Hotel Acquisition

Limestone Capital has purchased the Nobu Hotel London Shoreditch from Electra Real Estate for an undisclosed sum. This luxury hotel, situated in the lively Shoreditch area of East London, boasts 164 rooms, a restaurant, fitness and wellness facilities, and over 3,000 square feet of event space. The acquisition fits Limestone Capital's strategy of investing in high-profile, design-focused hospitality properties in prime urban locations.

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Retail Acquisition
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Retail Acquisition

Supermarket Income REIT has sold a grocery center located in Newmarket, West Suffolk, to Tesco, its tenant, for £63.5 million. This sale was made at a 7.4% premium compared to its valuation in June 2024. The transaction aligns with Supermarket Income REIT's strategy to reinvest capital and improve the overall value of its portfolio.

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Office Acquisition Loan
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Office Acquisition Loan

Canada Life Asset Management has extended an £18 million fixed-rate loan to SG Rocks for its purchase of York House, an office building in London, from CBRE IM. This five-year loan will support SG Rocks in adding the 51,483 sq ft multi-let office on Kingsway to its portfolio. The deal underscores Canada Life's dedication to funding strategic real estate investments.

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