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London Property News

Welcome to London's property news at PropertyWeek.com, bringing you all the latest news and views from the UK capital.

OneWeb

Virgin-backed tech pioneer picks London for international hub

18 August 2017

US satellite telecoms start-up OneWeb - which is promising to revolutionise the way the world receives broadband - is set to open its first office in London in a huge vote of confidence in the UK tech community.

Cyclebar

Cyclebar sets the wheels in motion for UK market debut

18 August 2017

One of the largest indoor cycling studio brands in the US is gearing up for its UK debut and is on the hunt for at least 50 sites - mainly outside the capital.

brent cross extension

Brent Cross to welcome Orla Kiely debut store

18 August 2017

Dublin designer Orla Kiely has signed to open her first shopping centre pop-up store at Hammerson and Standard Life’s Brent Cross Shopping Centre.

9-13 St Andrew Street, London

HK investor makes London debut purchase in Midtown

18 August 2017

Hong Kong investor, Get Nice Holdings, has made its first investment in London with the purchase of Meadow Partners’ 9-13 St Andrew Street in London’s Midtown.

WeWork office

WeWork signs for 143,000 sq ft in Hackney

17 August 2017

WeWork has agreed a 20 year lease on 143,000 sq ft of office space at Regal Homes’ Shoreditch Exchange development.

Green light for £15m SE London industrial development

17 August 2017

Wrenbridge and Buccleuch Property have received planning permission from Bexley Council for a new £15m industrial development on Axion Park in Belvedere.

Finance

Soho Estates posts £195.9m revaluation gain

17 August 2017

Soho Estates – the property business built by the late ‘king of Soho’ Paul Raymond – has reported a sharp increase in the value of its portfolio.

Dolphin Living Downham Rd

Trio to commence work on mixed-use scheme in Hackney

17 August 2017

The Benyon Estate, Thornsett and Dolphin Living are set to begin work on a mixed-use development in Hackney that will include 34 affordable homes and a new primary school.

Brentford Griffin Park

Revised plans lodged for Brentford FC stadium & housing development

16 August 2017

Brentford FC has unveiled revised plans for its proposed new stadium, with capacity reduced from 20,000 to 17,250 seats, and changes to the adjoining 910-home multi-phase residential development.

DPWorld

Wincanton rolls into DP World London Gateway with haulage base

16 August 2017

Logistics giant Wincanton has announced plans to establish a 2.5-acre container haulage base at DP World London Gateway.

Marmosa Shoreditch

Mamarosa makes UK debut in Shoreditch

15 August 2017

Shoreditch Village has signed restaurant Mamarosa for its UK debut, building on its first location beneath the prestigious 5-star W hotel in Barcelona.

Here East Stratford

Matches to open studio in Olympic Park

15 August 2017

Fashion retailer Matchesfashion.com has announced plans to open a 22,000 sq ft photography and video studio at Delancey’s Here East scheme in the Queen Elizabeth Olympic Park.

Self-storage unit_shutterstock_474833281_cred nobeastsofierce

Schroders snaps up self-storage portfolio

14 August 2017

Schroder UK Real Estate Fund (SREF) has acquired a portfolio of five self-storage assets from The Self-Storage Company for more than £44m – its first investment in the sector.

Pop Brixton

Pop Brixton founder plans Woolwich shipping container scheme

14 August 2017

The founder of the Pop Brixton market and entertainment venue has lodged plans for a similar scheme called The Wool Yard in Woolwich.

Cross purposes: the legal battle against the Thames Garden Bridge is being funded via the www.everyclick.com platform

Garden Bridge project officially off

14 August 2017

The Garden Bridge Trust has announced that it is winding up its proposals to build a new £200m bridge across the River Thames due to a lack of support from the Mayor of London.

RSS feed for London property features & opinion

London property features & opinion

Walkie-Talkie, London

Walkie-Talkie deal prompts London office market debate

Last Thursday, Landsec and Canary Wharf Group sold their 50% stakes in the Walkie-Talkie to LKK Health Products Group for £1.2825bn - the biggest office deal in UK history.

King’s Cross, London

Flexibility key to prosperity for King’s Cross regeneration

Mention King’s Cross to a Londoner a decade ago and it would have probably conjured up some less than savoury images.

Battersea Power Station

Battersea affordable housing revision is an outrage

The timing wasn’t great was it? A social housing tragedy in North Kensington, highlighting the lack of attention society has been paying to those who struggle to make ends meet, but against this backdrop Wandsworth Council agreed to reduce the initial affordable housing obligation at Battersea Power Station from 636 to 386 and have the remainder subject to a viability assessment.

Brexit

Jury is still out on Brexit one year on from EU referendum

Since the shock result of the EU referendum a year ago, commercial property investment activity - particularly in the prime London office market - has been unexpectedly buoyant. However, opinion remains divided on the underlying health of the market.

Come to RESI 2017


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