Timeline Archive - CIT

CIT acquires Colechurch House

CIT begins work on Finsbury Tower (HYLO)

CIT and Union Car Parks acquire Vinegar Yard

Purchase of 12 Arthur Street

Appointed Development Managers on Park Crescent West

CIT moves to new headquarters in Jermyn Street

Purchase of Finsbury Tower

Planning Consent achieved for One Nine Elms

Appointed Development Managers on Lancer Square

Planning Consent achieved for South Bank Tower for an office, residential and commercial scheme.

Appointed to manage a portfolio of seven European assets.

Appointed Development Manager for One Nine Elms

Purchase of King’s Reach Tower.

Purchase of Princes Quay shopping centre.

Purchase of St Edmund’s Terrace and Twyman House.

135 Grosvenor Road

Purchase of former Chelsea Galleries (formerly Chelsea Arts Club) on the Kings Road for residential and retail development.

Purchase of 35 Great Peter Street for residential development.

£2bn of assets purchased, £500m of equity invested.

£411m purchase of 28 Thistle Hotels.

Purchase of 11 Charles Street, a commercial development site in Mayfair.

Purchase of 2 Little Smith Street for residential development.

CIT Hamburg office established.

Acquisition of German nursing home portfolio.

Purchased Chiswick Lodge for a residential development scheme.

CIT forms European Business.

Purchase of 10 Fleet Place.

Purchase of the Delta portfolio, comprising nine German retail assets.

Purchased Montrose House in Belgravia for a residential development.

£1.5bn of assets purchased.

Purchase of Aybrook Street; a residential development site in Marylebone, Westminster.

Purchase of Abbey House, Baker Street, for residential development.

Acquisition of a portfolio of 11 shopping centres for circa £320m.

CIT becomes regulated.

£1bn of assets purchased.

CIT forms Joint Venture in New York.

Purchase of a mixed use redevelopment site on Wigmore Street in Westminster.

CIT forms property Joint Venture with Morgan Stanley.

Alban Gate purchased.

CIT forms Joint Venture in Hong Kong.

£500m of assets purchased.

Development starts at London Bridge City, later to be known as More London.

£341m securitisation with UBS of “the big six” properties.

CIT forms CIT Developments.

Royal Mint Court purchased.

£300m of assets purchased to date.

Sea Containers House purchased.

100 Avenue Road purchased.

Marco Polo Building purchase.

Capital and Income Trust founded by John Barroll Brown.