London news
Details of £1.5bn Liverpool Street station development plan revealed
The key elements of the £1.5bn transformation programme for London’s Liverpool Street station have been revealed.
Westfield newsagent given nine months to pay Covid-19 rent arrears
A news kiosk operator at Westfield Stratford City has been given nine months to pay £55,000 of rent arrears, following the ruling of an independent arbitration panel tasked with reducing or upholding Covid-19-related commercial rent arrears claims.
Edge and GSAM appoint Mace for 28-storey London Bridge tower build
Developer Edge and Goldman Sachs Asset Management (GSAM) have appointed constructor Mace as general contractor for a 28-storey building close to London Bridge.
August West End rents highest in six years, says Savills
Office leasing in London’s West End in August reached 385,463 sq ft – the highest August level in six years and the highest monthly volume of space excluding December over that period, said real estate adviser Savills.
Vacant Bloomsbury office building set to feature in Barnard Marcus sale
A vacant former office building in central London with redevelopment potential will be the star lot at Barnard Marcus’s 19 October sale.
Lendlease office development plans turned down
Developer Lendlease’s plans for a major 18-storey office block development in Elephant and Castle have been rejected on the grounds of “excessive height, mass and bulk”.
189 homes approved for Hackney estate
Plans for a new infill development on the De Beauvoir Estate in Hackney, which will result in the construction of 189 new homes, have been approved.
GLi acquires 2.79-acre urban logistics site at Park Royal
Joint venture GLi has purchased a 2.79-acre site for an unspecified amount to speculatively build a sustainable warehouse in Park Royal, west London.
Thackeray Group sells Castle Club in Fulham for £20m
Real estate investor Thackeray Group has agreed to sell the grade II-listed Castle Club in Fulham, west London, to care-home provider KYN for £20m.
