Weekly planning news from the Central London boroughs
Camden
Co-star reports the investor GPE has bought Whittington House for £150 million in an ESG-linked loan.
City of London
Building Magazine reports that Network Rail will appoint a new development partner for its Liverpool Street station plans only after receiving planning permission. Network Rail Property is currently in discussions with “all development partners that are in and around the private sector market” on its radically different proposals for the station announced last week.
Co-star reports that AXA IM Alts has signed Banco Master, the Brazilian bank focused on investment brokerage, for the top floor of the City of London’s tallest office tower, 22 Bishopsgate, at what is understood to be the highest rent ever paid in the Square Mile. Banco Master has taken the 21,000-square-foot 56th floor at £122 per square foot. The rent is not only the highest paid in 2024 in the City of London but is thought to be the highest ever paid.
City of Westminster
Co-star reports that AEW has bought 95 New Cavendish Street, W1, a redevelopment opportunity in London’s Fitzrovia, from LBS Properties and Baumont Real Estate Capital for £22 million.