JMK secures £48m OakNorth and REL loan for City hotel conversion
The funding will finance the conversion of the Lower Thames Street office building into a 260-key hotel, subject to gaining planning permission.
23 March 26
The funding will finance the conversion of the Lower Thames Street office building into a 260-key hotel, subject to gaining planning permission.
20 March 26
Shareholder approval for the the cash-and-share deal was almost unanimous, with 96.3% voting in favour.
20 March 26
The B2B residential property services platform reported an 18% operating margin for 2025.
20 March 26
The subsector accounted for 59% of build-to-rent investment last year, according to the firm's latest research.
20 March 26
Metro Bank provided the loan to refinance development finance for the Covent Garden and Leicester Square properties.
19 March 26
Don O'Sullivan claims he was dismissed on "trumped-up" charges of gross misconduct after raising concerns about serious financial misreporting.
19 March 26
The Bank of England said war in the Middle East will push up households’ fuel and utility prices, and companies’ costs, meaning inflation will be higher than expected.
19 March 26
The 48-month facility comprises an initial tranche alongside a capital expenditure tranche to fund a phased refurbishment programme for the 100,000 sq ft 3 Temple Quay.
19 March 26
Chief financial officer Martin McGann said the new facililites "reduce our cost of debt and further strengthen our diverse lender relationships".
19 March 26
The 200 affordable homes are part of the developers' Devonshire Place scheme in south London, which also includes 941 student beds.