London
-
Global investment up 16%
Investment into real estate globally rose by 16% to $942.8bn (£620.8bn) in the year to June, according to Cushman & Wakefield’s Winning in Growth Cities report
-
Beltane JV completes South Bank buy
Beltane Asset Management and Angelo Gordon have completed the purchase of 42 Southwark Bridge Road, SE1 from M&G Real Estate for c£50m.
-
Flexible office space proves popular
The rapidly growing serviced office space sector offered accommodation for some 18,000 workers, a report last year said, and is continuing to expand as new companies, among them WeWork, add…
-
London’s economic growth to continue to outpace regions
A report by law firm Irwin Mitchell and the Centre for Economics and Business Research warns that the gap between London’s economy and that of other large cities is set…
-
Prudential could review domicile question ahead of new EU rules
New European Union rules on capital buffers for insurance companies come into effect in January and could prompt Prudential to reconsider the question of where it is domiciled.
-
Shops hit by Chinese slump
London’s West End shops and hotels are braced for a drop in income from Chinese tourists.
-
Top London prices fall after stamp duty hike
Prices of the most expensive homes in London have fallen 5% in the year to August after the government raised stamp duty rates.
-
Diverse approach helps London to reach for the sky
COMMENT: How much of London’s iconic skyline would not exist without overseas investment, asks Paul Clarke of the Crown Estate
-
Igloo hones Brixton redevelopment plans
Aviva’s Igloo fund has submitted plans for a £100m redevelopment of a 3.7-acre site in Brixton, SW9
-
London and New York: the unaffordable capitals of the world
COMMENT: The allure of the Yellow Brick Road to endless I’m All Right Jack gentrification seems commercially and politically irresistible in London and New York
-
Billionaire fashions plans for Oxford Street flagship
Billionaire Anders Holch Povlsen is buying a major redevelopment opportunity on Oxford Street, W1
-
Urban Exposure makes debut jv deal
Urban Exposure has completed its first deal in its new joint venture with US private equity firm EJF Capital, providing an £11.4m loan to develop 14 flats.