BGO and LRC Partner to Invest in 2,100-Home Multi-Family Portfolio
BGO Strategic Capital Partners has teamed with LRC Group to acquire 19 newly built and refurbished residential buildings, forming part of a 2,100‑unit multi‑family portfolio. The deal includes additional add‑on acquisitions, primarily in Greater London, and was executed for an undisclosed sum. BGO cites confidence in the resilience of the UK rental sector and aims to gain scale in a market that remains structurally undersupplied. LRC expects the partnership to accelerate its platform growth through BGO’s global capital and asset‑management expertise.
Tool Retailer ITS to Set up Shop at Dagenham Logistics Hub
Trade tool retailer ITS has signed an eight‑year lease for a 17,700 sq ft unit at Padrock’s Dagenham Logistics Hub, slated to open in April as London’s largest tool superstore. The hub comprises 14 industrial units ranging from 6,550 sq ft to 34,825 sq ft, all...
John Lewis Partnership Axes BTR Business
John Lewis Partnership announced it will abandon its build‑to‑rent (BTR) venture, which began in 2020 and includes four schemes in Reading, Bromley, Stratford and West Ealing. The decision stems from a “fundamental shift” in economic conditions – higher interest rates,...
Lipton Rogers and LaSalle Trim Down Barbican Office Scheme After Backlash
Lipton Rogers, on behalf of LaSalle, has submitted a revised plan for the 1 Silk Street office project at London’s Barbican Estate, trimming the western tower from 20 to 17 storeys after more than 1,000 objections. The redesign cuts total office space...
L&G Buys Lambeth Hospital Site to Deliver £350m BTR Scheme
Legal & General, together with Nest and PGGM, has signed a contract to purchase the former Lambeth Hospital site in south London for a £350 million build‑to‑rent development. The six‑acre project will create 700 mixed‑tenure homes, featuring all‑electric buildings, green spaces,...
Atenor Secures Planning Permission for Retrofit of 10 New Bridge Street Offices
Atenor has obtained planning permission for a deep‑retrofit of its Fleet House office at 10 New Bridge Street in the City of London. The scheme will preserve roughly 73% of the 1960s‑era structure while adding a ninth floor and a...
ABP Signs Amazon for 120,000 Sq Ft at Port of Cardiff
Amazon has signed a lease for a 120,000 sq ft Grade‑A logistics unit at the Port of Cardiff, the first phase of Associated British Ports’ new business‑park development. The 24‑acre site was quickly adapted to meet Amazon’s specifications and is already operational....
Unite Group Profits Plummet 78% as It Forecasts Weaker 2026
Unite Group, the UK’s largest student‑property developer, posted a 78% plunge in 2025 pre‑tax profit to £97.6 m, driven by a £73.7 m portfolio revaluation loss and a £22.5 m swap‑related hit. Revenue grew 10.6% to £332.8 m, but occupancy fell to 95.2% and...
Pandox Secures AIM Loan to Support £1.22bn Dalata Acquisition
Pandox secured a €150 million loan to fund its €1.4 billion acquisition of Dalata’s 31‑hotel portfolio across Ireland and the UK. The deal adds 6,626 rooms, bringing Pandox’s total properties to 193 and expanding its footprint in key northern and western European...
