London news
Savills reports 35% rise in Q1 London and South East office take-up
Greater London and South East office take-up rose to 648,000 sq ft in the first quarter of this year, up 35% on Q1 2023, according to Savills.
Freehold development in Leicester leads Strettons’ April auction
A total of £8.9m was raised at the auction, which achieved a success rate of 85%.
Hurlington gets greenlight for £150m south London PBSA scheme
The project will also provide 42 affordable homes and 19,000 sq ft of workspace.
Canary Wharf Group expands debt maturities as it secures £553m from lenders
The financing significantly increases CWG’s debt maturities and will support its drive to add more non-office space to the estate.
M&S store demolition case highlights the need for clearer policy
Barrister Russell Harris KC talks about how M&S won its appeal against refusal of plans for its Marble Arch store and why the redevelopment may go ahead.
IT and gaming firms take 47,000 sq ft at Native Land’s Arbor Bankside Yards
Sports betting and IT consulting firms will relocate their London headquarters to the development.
Over 22,500 London ‘beds-and-sheds’ homes delivered in five years
A total of 29,688 new homes could be delivered across the capital if schemes awaiting planning are approved.
Tide gets nod for 400-home west London PBSA scheme
The tower in Ealing will include communal and commercial spaces with public realm enhancements to the local area.
Tech helps to put occupiers first
The pandemic and the rise of digital management have turbocharged a ‘hotelification’ of real estate.