Arc & Co lends £12m on Isleworth residential scheme

Arc & Co has completed a £12m development loan with ME Developments and Octopus Real Estate to help fund a housing development in Isleworth The development, which is opposite Isleworth Station and the first major residential development in the area for 2 years, will provide more than 1,000 houses and apartments with a gross development value of more than £400m. A golden brick payment was payable on the affordable housing, which ME Developments has to exchange on prior to completion.The affordable housing sale has been agreed with L&Q. … visit…

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Droves of workers return to London offices

The capital’s real estate market breathed a sigh of relief last week Thousands of workers returned to their offices after the summer break, fueling hopes of a swift recovery for London’s commercial property market. Over in the Square Mile, James Strevens, head of City leasing at BNP Paribas Real Estate, said: “There was a slow start on Monday, which surprised me a bit, but by Wednesday it was noticeably bigger. The trains are super busy, all the retail is busier and our office is as well. We’re definitely moving in…

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A view of Liverpool city centre viewed from the Anglican Cathedral. Photo from Wikimedia nCommons

Developments cost Liverpool waterfront’s World Heritage status

UNESCO has stripped the city of Liverpool of its world heritage status due to the “irreversible loss” to the historic value of Victorian docks following years of development. The UN’s heritage body said the “outstanding universal value” of Liverpool’s waterfront had been lost to new buildings, including Everton football club’s £500m stadium. In 2012, UNESCO warned that Liverpool was on the brink of being stripped of the status it had been awarded in 2004 because development was changing the city’s skyline and waterfront. The UN agency said developments such as…

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