Greystar has teamed up with Henderson Park to complete the £101m acquisition of the former Royal Mail depot in Nine Elms, and the pair have secured a £385m loan to fund the development of an 894-home build-to-rent scheme on the site.
Investec has agreed to provide Valor Real Estate Partners with a £27m senior loan to fund the speculative development of a 153,000 sq ft, grade A urban logistics park in Mitcham, South London.
Editor: The new Financial Conduct Authority (FCA) rules for governing the burgeoning peer-to-peer (P2P) lending sector should be welcomed by the industry, especially in the current climate (‘ FCA reveals new P2P rules days after Lendy collapses ’). However, they are not enough.
Brent, Ealing and Hackney identified as ‘pro-regeneration’ boroughs in study of councils’ planning decisions
After Arcadia’s UK landlords approve firm’s rescue plan, US landlords file objection in bid to recoup losses