Downtime
Balding shows some spunk at Resi Awards dinner
Horse racer-turned-likeable sports presenter Clare Balding was overflowing with Olympic excitement over dinner on Tuesday.
In for a penny at Battersea
Received wisdom dicatates that Battersea Power Station’s buyer will need so-called deep pockets, no to mention serious development clout
The Property lexicon
Paddygarchs /pædIga:s]Origin: Irish. Adopted after an influx of high net worth Russians (“oligarchs”), whose wealth is linked to political connections forged following the collapse of the former Soviet Union. Refers to new flood of migrants to London from Ireland, who are more likely to declare themselves bankrupt than buy a football team or an expensive apartment. Most arrive because bankrupt individuals are only barred from directorship for one year ...
Show goes on in Manchester
There has been much talk in Manchester about the next occupier for Ask Developments’ Number One office building.
No dice for Pearl's bronzes
After Channel 4’s documentary about the Shard last week, the broadcaster’s love-in with property continued apace on Wednesday, with Structadene chief David Pearl popping up on our screens.
High time for some Shard air time
From Property Awards Personality of the Year to TV personality of the moment, Irvine Sellar hit the small screen this week in Channel 4’s expose of the absorbing story behind the Shard, which aired on Wednesday at 9 pm.
No Olympic gold for Armitt
A team: former Arsenal player Bob Wilson (centre) crowns DTZ’s Wildash (right) and Fursdon (left)
Lothbury's heli-pad launch
Champagne quaffing at Lothbury’s 20 Rathbone Place launch in London’s Fitzrovia last week was disrupted by a helicopter overhead, amid reports of a bomb threat at Lazari Investments’ Shropshire House.
Boris doesn't factor in sign
If it wasn’t already obvious from the floppy haircut, the bumbling demeanour, or the pro-growth policies, Development Securities and Cathedral Group last week spelled it out in black and white: Boris is indeed a Tory.
City finds an outside edge
The battle for hearts and minds in the City of London’s development scene has swung noticeably from the financial services sector to the digital or “tech” sphere.
Peddling bikes to Africa
After selling out to King Sturge, then taking six months’ garden leave when it merged with Jones Lang LaSalle, Hanrahan Deane co-founder Nick Deane is doing more than a spot of weeding.
Investment bunch marks 40 years of mothers’ meetings
To be a fly on the wall is an eager young surveyor’s dream, but don’t wait up for an invite to the Mothers’ Bunch Investment Club.
Office spots vie for podium
Knight Frank hopped, skipped and jumped on the Olympics bandwagon for its M25 market breakfast at London’s Dorchester hotel last week.
The Property Lexicon
Bifurcation /’baif?rkei??n/n. Coinage adopted when the phrase “two-tier market” begins to sound uninspired.
Blackstone's ballsy bash
Ludgate appeared last week at Blackstone’s much-vaunted table football tournament for the launch of Chiswick Park’s Building 6, with high hopes of winning the top prize
Prime Retail's prime TV spot
If phallic buildings don’t excite you, there is still time to catch Prime Retail partners Tim Hance and Jamie Ludlow’s unplanned foray into reality TV, on ITV’s Peter Andre: My Life.
The Property Lexicon
Consensual sale /k?n’sen?u?l seil/9 Euphemism. Scenario in which a property borrower, in order to avoid insolvency, sells a building because a bank or banks are demanding their money back.see also: forced sale
Zero chance
While London’s mayoral race grips the capital, the UK’s other growth city, Aberdeen, faces its own local election.
Hushwing sweats its asset
Nat Rothschild and his chum, Lord Mandelson (below), could soon be hot-footing it to trendy Hoxton to sample London’s first authentic Russian banya, complete with ice bath and birch sticks.
The Property Lexicon
SWUF /sw f/ abbrev. Increasingly popular derivation, unpronounceable without sounding more Labrador than property agent, it means “sovereign wealth fund”. Example: “I think the SWUFs will love this pin-up bit of kit”. DERIVATIVES — SWF, the acronym for “sovereign wealth fund”. See also: sovereign wealth fund
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Argent chiefs push towards Battersea finish line
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Spot of yachting up for grabs
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Ludgate scores big
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Hammerson's gaff pane
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The Property Lexicon
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Early bird England’s elevator entrapment
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The only way is Essex
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Prince Andrew over and out
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Meanwhile, back at the rave
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New: the Property Lexicon
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Palmer backs gorilla unit
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Quick twitted
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Altar-native venue
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The gig’s up at Battersea
