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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.

Teddy Sagi

Sagi sells £337m tech shares to fund property spree

27 June 2017

Tech entrepreneur Teddy Sagi has sold £337m worth of shares in Playtech to fund his property ventures and be “in the vanguard of the co-working revolution”.

Norges Crown Estate Oxford Street 636

The Crown Estate delivers 8.1% annual return

27 June 2017

The Crown Estate has delivered a total return of 8.1% in a busy year that saw it complete sales, acquisitions and capital expenditure totalling £1.2bn.

Kings College 11 Lavington Street SE1 Exterior

London college takes 25,300 sq ft of Southbank space

27 June 2017

King’s College London has acquired 25,300 sq ft of offices at 5-11 Lavington Street on the Southbank.

Homebase Acton

Barratt buys Acton site from CBRE GI

27 June 2017

Barratt London has acquired a 2.4 acre site on Western Avenue in Acton, which is earmarked for a scheme of 300 new homes and 25,000 sq ft of retail space.

London skyline

Savills IM: London is Europe's most 'future-proof' city despite Brexit

27 June 2017

London is Europe’s most “future-proof” city for investment despite uncertainty over Brexit, a Savills Investment Management report has found.

Jigsaw Kings Cross

Jigsaw slots in to King's Cross space

27 June 2017

Fashion retailer Jigsaw has announced it will open a new store in King’s Cross, in Three Pancras Square on King’s Boulevard.

Christian Jamison Valor

Valor adds third industrial site in Hayes

27 June 2017

Valor Real Estate Partners has acquired a 140,000 sq ft logistics asset in Hayes, West London from Prologis on behalf of its clients.

Athene Place

Commerz Real puts Athene Place on the block for £120m

26 June 2017

Commerz Real, the property fund owned by German finance giant Commerzbank, is set to put Athene Place in London’s Midtown on the market, Property Week can reveal.

Omnicom Bankside

Deutsche AM spends £310m on London's Southbank

26 June 2017

Deutsche Asset Management (Deutsche AM) has bought 2 and 3 Bankside on London’s Southbank on behalf of its German open-ended real estate funds for around £310m with a top up to be determined.

First Base Earlsfield

Green light for First Base co-working hub & homes in Earlsfield

26 June 2017

Mixed-use developer First Base and JV partner Savills IM have received a resolution to grant planning consent from Merton Council for a £70m mixed-use development in Earlsfield.

24 Saville Row Aerlius

Deutsche AM and pbb provide £69m refinancing for Mayfair building

26 June 2017

Deutsche Asset Management (Deutsche AM) and pbb Deutsche Pfandbriefbank (pbb) have provided a £69m facility to Aerium for the refinancing of its mixed-use building on the corner of Conduit Street and Savile Row in London’s Mayfair.

land securities nova victoria

Four new signings take Nova Victoria above half-let

26 June 2017

Landsec has secured four new lettings at Nova Victoria, with businesses leasing over 74,000 sq ft across Nova South and Nova North to the total scheme let to 54%.

Friars Primary Foundation School Southwark by Hambridge Homes

Hambridge gets green light for mixed-use school & apartment block in Southwark

26 June 2017

Hambridge Homes has acquired planning permission to create a new mixed-use building on the Friars Primary Foundation School site on Webber Street, combining state of the art learning space and eight apartments.

3 Shortlands, Hammersmith

Romulus on verge of buying Hammersmith office block

23 June 2017

Romulus Construction is closing in on a deal to buy Hammersmith office building 3 Shortlands for a price in excess of £60m, Property Week understands.

battersea

Khan "furious" with Battersea affordable housing decision

23 June 2017

The mayor of London, Sadiq Khan, has reacted furiously to Wandsworth Council’s decision yesterday to back Battersea Power Station Development Company’s plan to cut affordable housing on the site from 636 to 386 homes.

RSS feed for LONDON SUPPLEMENT

LONDON SUPPLEMENT

Sadiq Khan

Mayor of London: Khan’s first year report

23 June 2017

Of the files waiting for Sadiq Khan when he took over as London mayor just over a year ago, the problem of housing, or the lack thereof, would have been jostling for position at the top of the pile with issues such as Crossrail, Brexit and the future of the capital on the global stage.

CHICKENliquor, Brixton

MEATliquor: the burger king

22 June 2017

The theft of a burger van may seem an unlikely start to the story of a successful restaurant chain, but then MEATliquor has never done things the conventional way.

London monuments data

Which London icon is on top?

22 June 2017

Three of London’s most high-profile office towers - the Walkie-Talkie, The Shard and the Cheesegrater - have gone head to head in a lettings battle.

Berwick Street Market, Soho

Market forces: Berwick Street Market

22 June 2017

Soho has always provoked controversy and last year it hit the headlines again for all the wrong reasons.

Carolyn Dwyer

Five minutes with: Carolyn Dwyer of City of London Corporation

21 June 2017

The City of London Corporation’s director of the built environment on the Balancing Barn, Cuba and stovies.

RSS feed for London property features & opinion

London property features & opinion

Garden Bridge

Garden Bridge - a bridge too far

The residents of Pooley Bridge know what a bridge is for.  When their one was destroyed by Storm Desmond, the community was literally divided. 

James Silver

Silver bullet: James Silver interview

It is rare for the development director of a property company to admit to “over-speccing” offices, but Landid’s James Silver does just that when we meet at the developer’s HQ off Carnaby Street to discuss its joint venture with Brockton Capital in the Thames Valley.

Meridian Water Masterplan north

Regeneration of Meridian Water starts to take shape

The regeneration of Meridian Water in Enfield, north London, has been a long time coming. It has been seven years since Enfield Council first started assessing the site and four years since it drew up its masterplan for the area, which sets out proposals for 10,000 homes, making Meridian Water one of London’s largest development projects.

Battersea Power Station

Are green shoots appearing in prime London resi market?

London’s beleaguered prime residential market appears to be showing the first tentative signs of recovery.

RSS feed for London property data

London property data

Midtown takeup 2017

Bumper start to year for office take-up in London’s Midtown

A string of large lettings sent office take-up in London’s Midtown rocketing to its highest level since Q3 2015 in the first quarter, according to Farebrother.

more london data...

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