Lloyds announces £500m funding boost to support small and specialist social housing providers
Lloyds Banking Group has announced £500m of new finance to support small and specialist social housing providers. The finance, which builds on the delivery of the group’s original £200m commitment launched in 2024, is designed to help smaller housing associations and specialist providers access long-term capital to deliver and maintain social and affordable homes across […]
Padrock seals 77,657 sq ft letting at Hertford Logistics Hub
Padrock has let a 77,657 sq ft unit at Hertford Logistics Hub to 4Wall Entertainment on a 15-year lease. The business, which delivers large-scale live events and productions for tours by artists including Fat Boy Slim, Lewis Capaldi and 50 Cent, is consolidating its UK operations at the hub. The 228,860 sq ft speculative multi-let […]
DPK Group secures £113m facility to fund East London PBSA conversion scheme
DPK Group has secured a £113m development facility from Firma Partners to fund the conversion of the Royal Albert Dock office complex in East London into a landmark purpose-built student accommodation (PBSA) scheme with a GDV of circa £300m. The whole loan will finance the refurbishment of 20 buildings at the riverfront Docklands site and […]
Long Harbour secures £100m backing from National Housing Bank
Long Harbour has secured a £100m equity commitment from the National Housing Bank for its Long Harbour Single Family Housing Fund (LHSFF). The investment brings the total amount committed to the strategy to £400m after Long Harbour secured a £300m seed equity commitment from South Korea’s National Pension Fund (NPS) in December 2024. LHSFF provides […]
Redevco CEO Neil Slater to step down
Redevco has announced that chief executive officer Neil Slater is stepping down to take up the role of CEO at Link Real Estate Investment Trust (Link REIT), one of Asia’s largest real estate investment trusts. Slater, who joined Redevco in October 2023, will leave the firm on 31 January 2027 and a search for his […]
Strettons makes series of senior promotions
Strettons has made a series of senior promotions across its commercial agency, auction, lease advisory, structured finance and technology teams. Tom Schwier, who joined the City fringe commercial agency team in 2017, has been promoted to board director; Robert Woolfe, who joined the auction team in 2007; has become a salaried director; and Bryn Nettle, […]
Derwent London puts Brixton aparthotel site up for sale for £30m
Derwent London has put an aparthotel development site in Brixton up for sale for £30m. Blue Star House is an 11-storey office building located on a 0.7-acre island site near Brixton underground station. The site has planning consent for a comprehensive conversion and extension to create a C1 aparthotel scheme featuring 341 studios. The development […]
Euston masterplan consultation gets underway
A public consultation on the development masterplan for an area surrounding Euston train station in London has got underway. The masterplan for the site envisages the delivery of up to 1,500 new homes, including affordable, alongside new workplaces, shops, cafes and restaurants and public realm. The newly established Euston Delivery Company is leading work to […]
UK BTR sector achieves strongest Q2 on record
The UK build-to-rent sector recorded £2.2bn of investment activity in Q2 2026 – the strongest second quarter on record, according to new data from Savills. At the end of H1, total 2026 investment is already ahead of the end of Q3 totals recorded in 2023, 2024 and 2025, with two quarters of the year still […]
Vengrove acquires mid-box logistics assets for £24.65m
Real estate investment manager Vengrove has completed the acquisition of two mid-box logistics assets in the West Midlands and North West for £24.65m. The assets were acquired from an institutional vendor for VRE Evergreen Logistics Partners (VREELP) – Vengrove’s light industrial and logistics vehicle, which manages properties across the UK, Germany and France. The 67,847 […]