All London articles
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NewsQuintain and FORE Partnership sign up to new Healthy Homes Checklist
Ekkist, wellbeing consultancy for the built environment, has launched a new Healthy Homes Checklist, with developers Quintain and FORE Partnership among the first to sign up.
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UK Commercial Property REIT sells Wembley logistics asset for £74m
UK Commercial Property REIT (UKCM) has sold its 186,455 sq ft Wembley180 logistics asset in north London to registered charitable company Covent Garden IP for £74m, reflecting a net initial yield of 3.49%.
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Camden Council on the hunt for development partner for £500m scheme
The London Borough of Camden has launched its search for a development partner on a mixed-use scheme with an estimated gross development value (GDV) of £500m.
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Vodafone renews lease at global HQ in Paddington
Vodafone has agreed to renew its lease at One Kingdom Street in Paddington, extending its stay at its global HQ for another five years.
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Conversion of London’s unused office space could create 8,010 new homes
Conversion of unused office space in London’s Central Business District (CBD) could create 8,010 new homes, according to a report by JLL.
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Savills calls for lenders to be ‘bold’ in helping unviable assets towards net zero
Lenders have been urged to take control of commercial assets to aid environmental refurbishments in the secondary markets as prime assets look set to leave them behind
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Administrators called in to Canary Wharf’s 5 Churchill Place
A 313,000 sq ft office block in Canary Wharf has crashed into insolvency after the owners called in administrators in further dire news for London offices.
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Workspace produces robust annual figures despite macroeconomic headwinds
Workspace Group has posted a 34% rise in rental income as the SME office space specialist avoided the sharp falls in valuations suffered by other property groups.
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Prime central London housing shines amid economic gloom
While the wider market outlook is uncertain, overseas buyers are driving a boom in high-end London housing.
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Atrium Underwriters selects 8 Bishopsgate for new London HQ
Insurance business Atrium Underwriters has chosen 8 Bishopsgate for its new London headquarters.
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Demand for ‘golden triangle’ lab space spurs spike in transactions
Rising demand for lab space in the ‘golden triangle’, the area spanning London, Oxford and Cambridge, saw a spike in transactions in Q1 2023, according to Cushman & Wakefield.
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GPE boss Courtauld boasts stronger annual performance than Landsec and British Land
Great Portland Estates chief executive Toby Courtauld has claimed a strong set of annual results after the group’s valuation losses were lower than at rivals Landsec and British Land.
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This week in… 2018
Spanish property firm Metrovacesa, which had bought the HSBC Tower in London’s Canary Wharf for £1.09bn in 2007, struggled to refinance the loan HSBC underwrote to finance the deal.
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Parliament at ‘real risk’ of collapse as multi-billion-pound restoration stalls
A parliamentary scrutiny committee has warned there is a “real and rising risk” that the Palace of Westminster ”will be destroyed by a catastrophic incident” before delayed, multi-billion-pound plans to restore it are carried out.
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Online
Downing closes £25m Peckham development loan
Investment manager Downing has completed a £25m development loan on a scheme in Peckham, London.
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Amro enters joint venture with Japan’s NTT to fund London co-living scheme
Amro Partners and NTT UD Europe have formed a joint venture partnership to fund development of The Rex co-living project opposite Kingston train station in west London.
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London sees record volume of office refurbishment schemes
London is enjoying “a vote of confidence” with a record volume of office refurbishment schemes starting since records began in 2005, according to Deloitte’s Summer 2023 London Office Crane Survey.
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Native Land lets two floors at Arbor to Winckworth Sherwood
Native Land has let the eighth and ninth floors of its recently completed Arbor building at its £2.5bn Bankside Yards development in Southwark, London, to law firm Winckworth Sherwood for an undisclosed amount.
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UKREiiF: Thames Estuary launches bid for £18bn of regional investment
The government’s Thames Estuary Growth Board has launched an online platform to drive private investment in 24 projects worth over £18bn to benefit the whole South East region.
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Howard de Walden adds three medical lettings to Harley Street Medical Area
Property management estate Howard de Walden has completed three medical signings for its Harley Street Medical Area with Cognacity, Orri and All Points North (APN) all coming on board.
