London news
Barclay family completes sale of Ritz hotel
Aiden Barclay has struck a deal to sell the Ritz hotel to a Qatari investor despite uncertainty caused by the outbreak of Covid-19.
CBRE GI completes Eagle House sale
CBRE GI has completed the sale of West End office building Eagle House to Mactaggart Family & Partners (MF&P).
Data reveals brightest London boroughs for BTR investment
Developers and investors looking to place a long-term bet on build-to-rent (BTR) in London should target Barking, Newham, Ealing, Greenwich and Hackney, according to exclusive research from BTR data provider Houzen.
Capco suspends share buyback programme
Capco has temporarily suspended its share buyback programme and warned of “disruption to income”.
Construction of 22 Bishopsgate paused
Construction of new City of London skyscraper 22 Bishopsgate has stopped as contractor Multiplex downed tools in response to the government’s coronavirus restrictions.
Covid-19: Shaftesbury stops new schemes and cancels dividend
Shaftesbury will stop all new schemes and acquisitions as it reacts to the coronavirus pandemic.
Galliard shuts down construction sites
London residential developer Galliard has shut down all of its construction sites, with the exception of important safety works. The developer said the decision will remove 2,500 construction workers from the London transport network and that the decision “would help ensure the health and safety of the company’s on site ...
Covid-19: British Land lays out plans to support tenants
British Land has set plans in motion to support its hospitality tenants that have been forced to close.
New London housing targets fall short of true housing needs
London’s new housing targets do not reflect the capital’s true housing needs and, despite a rise in the number of planning consents, development will peak soon, suggests new data from Savills.
