Development will total 431 bedrooms.
Transaction expected to complete by mid-May.
Project is part of the £3.7bn Canning Town regeneration programme.
Family investment vehicle locks in host of new loans from pool of lenders.
Amount exceeds the £350m raised in 2019.
Consortium backs embattled Chinese developer to deliver £1bn+ project.
Crosstree has taken a minority stake in Karma Kitchen, React News reported, and will back the company with around £100M to buy sites for dark kitchens, primarily in London, but also in other major UK cities.
Hybrid consent covers detailed approval for an initial 350 build-to-rent units in first phase.
Deal struck for newly built 300-room serviced apartment development.
Crosstree reveals 2.7m sq ft masterplan for 26-acre site.
Investor teams up with newly formed asset manager.
Edmonton Green Shopping Centre scoops a second award win in as many months.
Winners at this year’s AHEAD Europe included The Standard, London, with the coveted Hotel of the Year trophy.
Cale Street and Crosstree finance hotel through to completion.
#4 The Standard, King’s Cross, London, UK by Orms
The first deal for a new vehicle backed by the billionaire Bertarelli family, Bisnow can reveal.
Icon Outlet at The O2 has a successful first year of trading & its strongest six-week performance yet.
1 Hotels, the mission-driven, sustainable luxury hotel brand, announced today that it will debut its UK brand flagship, the 1 Hotel London Mayfair, in 2022.
This quirky hipster haunt is fun, affordable and in the heart of the east London action
In an industry exclusive, Sleeper talks to the design, development and operations team behind London’s hottest new hotel.
A seriously cool hotel with a sense of fun to match, this place will leave you loving London anew
Upmarket hoteliers are finding that concrete is making a comeback.
The property firm, which co-owns retail space in the O2 arena, said it has exchanged contracts with owners St. Modwen for the 495,000 square feet (sq ft) shopping centre in Edmonton.
Crosstree Real Estate has bought a hotel in Shoreditch that will be the first London hotel operated by Paris-based boutique brand Mama Shelter.
The funding partners said the agreement demonstrated the alternative lending sector’s ability to provide timely and innovative solutions.
Imperial College London on Tuesday moved to protect itself from the capital’s housing supply shortage with an £85 million swoop for Dixons Carphone’s Acton headquarters. The university has purchased the 4.5-acre west London site from investor Crosstree Real Estate Partners, the Evening Standard can reveal. Planning permission is in place to build 764 homes there.
Helical Bar has exchanged contracts to buy 207 and 211 Old Street, collectively called The Bower development, for £248m from a joint venture owned by the company and an affiliate of Crosstree Real Estate Partners.
Helical Bar and Crosstree Real Estate Partners have sold Empire House in east London to Standard Life Investments for £20.65m.
Helical Bar and Crosstree have agreed deals totalling almost 35,500 sq ft at The Bower, Old Street to CBS Interactive, an online content network provider, and Allegis Group, the UK subsidiary of a US recruitment company.
Planning permission has been granted for a luxury mixed-use development designed by British architect David Adjaye for a site opposite London’s iconic Ritz hotel.
Helical Bar and Crosstree Real Estate Partners have secured three restaurant lettings at The Bower, their mixed use office-led refurbishment and redevelopment on the Old Street Roundabout.
A 270-bedroom luxury hotel from the man behind the celebrity-friendly Chiltern Firehouse is set to open in King’s Cross
The O2 Centre in London is best known for playing host to the likes of Beyoncé, but a company backed by a European pharmaceuticals billionaire is hoping that it will soon also become a retail destination to rival Bicester Village near Oxford.
Helical Bar and Crosstree Real Estate Partners have bagged the first two lettings at their office and retail scheme, The Bower, at Old Street and City Road in London.
Hip American hotelier André Balazs has chosen a council office block in King’s Cross for his next boutique hotel.
Resurgent practice sees off stellar opposition including Rem Koolhaas, Jean Nouvel, Frank Gehry and Eric Parry to land Ritz-facing revamp.
Crosstree Real Estate Partners and Helical Bar have refinanced an HSBC acquisition loan with an enlarged £88m four-year development facility with Deutsche Bank for the first phase of its Old Street refurbishment programme.
Investor buys mobile phone seller’s headquarters in Acton in anticipation of transport premium.
Landmark has taken the remaining two floors at Crosstree’s 48 Dover Street for its first West End serviced office centre, ahead of a potential 300,000 sq ft medium-term redevelopment of the scheme.
As the market enters a new cycle, we identify the operators positioned to catch the upswing.
Islington council has approved plans to revitalise a three-acre estate next to Old Street Roundabout to provide a 316,000 sq ft office-led scheme.
Marian Goodman, dubbed by Forbes “the grande dame of art dealers”, is to open a gallery in London for the first time.
Ernesto Bertarelli-backed Crosstree is in advanced talks to buy the 52,000 sq ft 44-48 Dover Street, W1, from Royal London Asset Management for £84m – a 3% initial yield – equating to £1,615 per sq ft.
Property Newcomer of the Year (sponsored by Cluttons): Crosstree Real Estate
Developer’s Ronson Capital Partners forms debt club to fund luxury riverside residential scheme.
Crosstree Real Estate Partners and minority joint venture partner Helical Bar have acquired four buildings adjacent to the Old Street Roundabout for £60.75m, financed with a £30.375m five-year development loan from HSBC.
Ernesto Bertarelli-backed Crosstree Real Estate Partners has made its second West End purchase – 20 Golden Square.
An affiliate of Crosstree Real Estate Partners LLP (Crosstree) has acquired the property known as One Berkeley Street.
Blackstone, Starwood duo receive backing from one of the world’s richest men to launch Crosstree Real Estate Partners in a bid to invest in up to £1bn of property in the UK and possibly further afield into Europe.
Pharmaceuticals mogul to spend up to £500m with Blackstone and Starwood men.
Ernesto Bertarelli, the Swiss-Italian pharmaceuticals billionaire, will invest up to £500m ($824m) as initial capital in the launch of a private equity real estate firm being set up by the former UK heads of Blackstone and Starwood Capital.
