Transaction to complete in January 2025 as Derwent eyes new buying opportunities
Forward-funding deal kickstarts first phase of £80m project
Partners back plan to take advantage of market recovery
Mentmore Terrace site to offer 20,000 sq ft of flexible workspace
Partners also lock in £600m acquisition finance package from three lenders
Developer Ghelamco failed to repay its mezzanine loan at maturity earlier this year
Firm acquires Singaporean sovereign wealth fund’s half-share in Southampton mall
Kevin Hollinrake appointed by new Conservative Party leader Kemi Badenoch
Oberoi to open 33,000 sq ft hotel with backing from Asia's richest man