Brunswick Property Partners (BPP) has acquired two properties for a combined £40m for its London workplace venture Akoya.
An unprecedented volume of planning applications have been submitted to Croydon Council in the last fortnight as developers continue to show interest in the borough despite its bankruptcy.
Brent Council has approved Transport for London and Barratt London’s plans to develop 454 new homes near Wembley Park Underground station.
London’s first office building with an urban forest rooftop has been approved by planners.
The Greater London Authority (GLA) has recommended that London mayor Sadiq Khan approve the revised plans for The Goodsyard, a controversial £900m mixed-use scheme in Shoreditch.
A senior agent has warned that parts of the London office market have been “murdered by Covid” after a leading construction survey revealed a 50% slump in new London office construction.
UK investors are propping up the London commercial property market, with Asian investment dropping 12.6 percentage points in the last 12 months.
Brookfield Properties has completed the sale of One London Wall Place to Middle Eastern investors AGC Equity Partners for £480m, reflecting a 3.8% net initial yield.