German backers of Olympia redevelopment add new £500m investment Retail The German investors behind the redevelopment of Kensington’s Olympia exhibition centre have committed an additional £500m as the consortium refinances the project. Deutsche Bank AG will hand a £900m loan to the consortium behind the project, which includes German pension fund Bayerische Versorgungskammer and insurer Versorgungskammer Bayern. The project is one of London’s biggest regeneration [...]
Olympia: A canvas for every masterpiece Partner For 139 years, Olympia has stood as one of the UK’s most iconic venues – a place where industries, innovators, and audiences have gathered to exchange ideas and shape the future. Now, this legendary destination is entering a bold new chapter. Through a £1.3bn regeneration, Olympia is being reimagined as a modern, multi-faceted estate designed [...]
L&G: FTSE 100 giant reveals £2bn plan to create 24,000 jobs Property FTSE 100 giant Legal & General (L&G) has revealed plans to invest £2bn in regeneration projects across the UK in a move which it said will create around 24,000 jobs. The group said it would invest into ‘productive assets’ such as infrastructure, affordable housing and urban regeneration between now and 2030. L&G added that it [...]
Morgan Sindall: FTSE 250 construction group continues run of growth August 8, 2024 Construction and regeneration group Morgan Sindall has reported yet another half of double-digit revenue and profit growth. The FTSE 250 constituent, which is headquartered in London and helped expand Whitechapel station for Crossrail in 2021, hailed a “record” performance in the six months to 30 June. Revenue jumped 14 per cent from £1.9bn to £2.2bn. [...]
Bloomsbury: London’s literary hub set for £400m revamp July 21, 2024 Bloomsbury is set to get a £400m facelift thanks to a collaboration between some of the area's most influential landowners including Bedford Estates and Kimpton Fitzroy London.