All London articles – Page 20
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News
London office development ‘roars back’ with record volume of new starts
The winter 2023 edition of Deloitte’s London Office Crane Survey has recorded its highest ever volume of new office starts since the study began in 2005, with 5.1m sq ft of construction starting across 43 schemes.
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News
Sadiq Khan calls for £470m brownfield development boost ahead of Autumn Statement
Ahead of Wednesday’s Autumn Statement, Mayor of London Sadiq Khan has urged the government to provide a £470m brownfield development boost to help build 76,000 new homes across the capital.
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News
Lloyd’s of London on brink of long-term deal to remain at City HQ
Lloyd’s of London is on the brink of striking a long-term deal to remain in its landmark City headquarters One Lime Square.
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News
Selfridges taken over by Thai co-owner Central Group
The iconic London department store Selfridges has been taken over by co-owner Central Group as former 50% shareholder Signa Group struggles financially.
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News
WPA launches three-year partnership to bring diverse backgrounds into property
The Westminster Property Association (WPA) has announced a partnership with the Young Westminster Foundation to support hundreds of local young people from diverse backgrounds to enter the sector.
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Online
GPE hails strong rental growth despite slump in NAV and valuation
Net asset value (NAV) at Great Portland Estates (GPE) slumped 14.1% in the six months to the end of September, as macroeconomic uncertainty hit valuations.
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News
JLL reports 3.4m sq ft of central London space under negotiation
The latest JLL research shows occupiers continue to commit to new offices in the capital and the firm estimates that around 3.4m sq ft of space is subject to negotiation across the market for Q4, up 13% on the corresponding quarter of 2022 and 24% on the 10-year average.
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News
Barking & Dagenham Council calls for urgent action from Bouygues following balcony collapse
Barking and Dagenham Council has called on French developer Bouygues for urgent action after part of a balcony collapsed at one of its developments in London.
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News
Revised masterplan for 4,000-home Earls Court regeneration unveiled
The Earls Court Development Company (ECDC) has set out an updated masterplan for the ambitious redevelopment of the 40-acre former Exhibition Centre site, with a reduction in tall buildings and an increase in open, green space.
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News
Flexi-office provider Spacemade to add Marylebone location to portfolio
Flexible workplace provider Spacemade is adding 5,000 sq ft of flexible office space in Marylebone, London to its portfolio, after signing an agreement with the Howard de Walden Estate.
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News
Major London office development goes into receivership
A major London office development that included plans for an innovative 1.4-acre urban rooftop and 430,000 sq ft of office space has been placed under receivership after defaulting on a loan provided by the billionaire Reuben Brothers.
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News
Not enough London borough plans prioritise BTR, Lichfields report says
Inconsistent application of planning policy for London build-to-rent (BTR) schemes needs to be addressed to enable the sector to maximise its potential and help meet the need for new homes, according to planning and development consultancy Lichfields’ latest report
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Online
Aroundtown sells Hyde Park Hilton for possible resi conversion
German real estate investor Aroundtown has sold the Hilton London Hyde Park hotel in London to an unnamed Dubai-based family office advised by MGI Holdings, for a price believed to be close to £50m.
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News
London mayor Sadiq Khan set to decide on Vegas-style MSG Sphere in Stratford
Plans for the MSG Sphere, Madison Square Garden’s controversial, proposed 21,500-capacity entertainment venue in Stratford, east London, have arrived at the mayor of London’s office, with Sadiq Khan set to decide in the next two weeks whether to approve the scheme.
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News
HUB and Bridges plan resi conversion for £39m Aldgate office purchase
HUB and Bridges Fund Management have bought a central London office block in Aldgate for £39m with plans to convert it into a residential scheme.
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Insight
Heart of London’s Ros Morgan on the BID revolution
Over the last decade, business improvement districts (BIDs) have emerged as influential catalysts of community-driven initiatives, promoting local businesses’ capacity to elevate and improve their surroundings.
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News
London Property Alliance urges government to remove VAT from retrofits
The London Property Alliance (LPA) has called on the government to remove VAT for retrofitting projects - one of a raft of measures it said it would like to see introduced in the Autumn Statement.
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News
Signa’s financial woes could trigger Selfridge sale
The ownership of iconic London department store Selfridges has been plunged into doubt after co-owner Signa Group fell into financial crisis.
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News
Revolut in talks to move headquarters to iconic Canary Wharf YY building
Fintech banking firm Revolut is in talks to move its headquarters to a 113,000 sq ft space at Quadrant’s YY building at Canary Wharf.
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News
Minister backs veto for planned giant Buckinghamshire data centre to ‘protect green belt’
Government minister Lee Rowley has upheld the rejection of plans to build England’s largest data centre in Iver, Buckinghamshire, between the M25 and an industrial estate, citing the need to protect the green belt.