Camden

EG reports that YOO capital has acquired Holmes Road Depot and the Regis Road Recycling Centre in Camden, NW1, on a subject-to-planning basis. The investment firm plans to turn the site into an international film quarter with a mixed-use neighbourhood. Plans include industrial, commercial and creative spaces alongside a residential offering, 50% of which will be affordable. A public consultation will be held next month.

Property Week reports that Capital 38 has gained planning permission for the refurbishment of an 86,000 sqft office building at 21 Bloomsbury Street near Tottenham Court Road underground station in central London. The family office of a Middle Eastern family will spend around £50m on the refurbishment which will include adding an additional sixth floor office and seventh floor amenity pavilion with large communal roof terrace for the eight-floor building.

City of London

Property Week reports that Patrizia has submitted plans for a major sustainability and wellness-led office development at a historic Aldgate site in the City of London. The current main 16-story tower will be replaced with 17,314 sqm of office space on the upper levels and a range of flexible retail, leisure and employment uses on ground and lower floor levels.

Property Week reports that the City of London Chamber of Commerce (CLCC) has backed Sellar’s controversial plans for a £1.5bn redevelopment of Liverpool Street Station. The CLCC said on Wednesday that it would back the proposals, were central to business growth in the heart of the city and would future-proof the station’s capacity.

Property Week reports that US private equity giant Apollo has launched a new European headquarters in central London, combining its existing workforce in the capital into a 88,000 sqft office development.The building at 1 Soho Place, spread over four floors on and located on top of the Tottenham Court Road tube station, will serve as an expanded regional hub for the company’s European team, acting as an “anchor location” for the company’s operations.

City of Westminster

EG reports that Apollo has opened a new office in Derwent’s 1 Soho Place development, W1. As part of the move, the asset manager will combine its teams from offices at 10 Portman Square W1, and 25 St George Street, W1, into 88,000 sqft across four floors.

Property Week reports that Topland Group has announced its central London HQ relocation to the seventh floor of 105 Wigmore Street in the West End.The real estate investment group will take 6,733 sq ft of space on the newly refurbished floor of the purpose-built grade-A office building, which is owned by Duke Street Property.The move from the second floor of the building, where Topland has occupied the entire 7,085 sq ft space since 2013, follows a positive 2022 for the firm.

Southwark

EG reports that Native Land has secured FTSE 100 industrial technology company Smiths Group as a tenant at Arbor, the first building to complete at its £2.5 billion Bankside Yards project, SE1. Smiths will take 13,600 sqft of office space at the property, which measures 223,000 sqft across 19 storeys. It will relocate from its premises at St James’s Square, SW1.

Property Week reports that developer Joseph Homes has scrapped consented plans for an office tower in Elephant & Castle, south London, in favour of new proposals for a 24-storey, purpose-built student accommodation (PBSA) development. The revised scheme, which would have 244 bedrooms alongside a small amount of commercial space, is expected to gain permission next week after being recommended for approval by Southwark Council’s planning officer.

General

Property Week reports that Marcus Geddes, managing director, workplace at property giant Landsec, has been elected as chair of the Westminster Property Association (WPA).For a two-year term, Geddes will lead the association’s engagement with policymakers and wider advocacy on behalf of central London’s leading property owners, developers, investors and advisers.

Property Week reports that Landsec has unveiled its plans behind a £20m drive for greater socio-economic representation in a fairer, more equitable real estate sector, focusing on industry access and action and community programmes. In May last year, Landsec committed to investing £20m by 2030 to tackle the real estate sector’s lack of social diversity through Landsec Futures, a social impact fund which it says is now “open for business” with the creation of four new social impact programmes.