London news
Apple to open new store at Battersea Power Station
Apple is to open a major new store at Battersea Power Station next to its 500,000 sq ft headquarters at the landmark redevelopment.
European investment markets ‘hit pause’ in first three months of 2023
The European commercial real estate market hit pause during the first quarter of 2023, according to research from La Française Real Estate Managers.
KOP Group snaps up Earl’s Court hotel for £35m
Singaporean investor KOP Group has purchased the Burns Hotel in London’s Earl’s Court for a guide price of £35m and plans to transform the site into a luxury boutique hotel.
Woking’s woes reveal dangers of council property investment
Two schemes played a big part in the council being placed in special measures, as other LAs face a similar fate.
Range of London residential properties flogged at Strettons May auction
Strettons’ latest auction saw a range of residential lots in the capital go under the hammer, with a mixed-use property leading the sale.
Locale appointed on three King’s Cross residential developments
King’s Cross Central Limited Partnership (KCCLP), owner of the King’s Cross estate in London, has appointed occupier experience technology group Locale at three of its residential developments.
Only industrial and West End offices to see “robust rental growth” in next five years, says IPF
Industrial assets and London’s West End office market will be the only two property sectors to outperform the all- property average during the next five years, according to an International Property Forum (IPF) report.
Kensington and Chelsea council ‘bucks current trends’ with major real estate investment
Kensington and Chelsea council’s pension fund is investing £1.6bn in commercial property with circa £150m spent to date, including the purchases of a Morrisons supermarket in Hampshire, an Audi car showroom in Milton Keynes, and a Travelodge hotel in York.
True North planning 1,500 co-living units for middle-income Londoners
True North, a real estate investment and management company, said it is aiming to deliver 1,500 co-living units as it sees significant demand for high-quality, well-managed rental assets for middle-income Londoners.
