British Land Secures Planning for Southwark Logistics Hub
British Land has planning for a 140,000 sq ft last mile logistics hub in Southwark, close to the junction of New Kent Road, Old Kent Road and Tower Bridge Road
British Land has planning for a 140,000 sq ft last mile logistics hub in Southwark, close to the junction of New Kent Road, Old Kent Road and Tower Bridge Road
WeWork is closing down its 133 Houndsditch site and evicting its tenants. The firm is, supposedly, helping members move to nearby WeWork locations.
The Mark - a new City development of 215,000 sq ft offices with cultural, food & beverage and retail space
PineBridge Benson Elliot has secured planning for 215,000 sq ft sustainable offices in The City including 14,000 sq ft of food & beverage, and retail space.
Landsec has backed prime London offices by committing to its 380,000 sq ft Timber Square development in Southwark
WeWork's investment arm, WeWork Capital Advisors, has exchanged on 99 Queen Victoria leaving it owning just one office building in London
We have a new member of staff, James Couse. James brings to us his extensive agency expertise in the City and London niche markets and we are very happy he has joined
As Meta pay £149 million to British Land, to get out of their lease obligations at 1 Triton Square, what are the real costs involved and to whom?
“Never Knowingly Undersold”All gets a bit tricky with that mission statement going into the world of property as John Lewis are finding to their cost after launching into the property sector following the appointment of Dame Sharon White as chairman back in 2020.Their build-to-rent scheme in Ealing is reportedly likely to result in losses of £57m and bids on the sale of the upper floors of its Oxford Street store, for redevelopment into offices, are now floundering, due to rising interest rates and the present economic microclimate.Their venture into property, whilst Waitrose is underperforming, does to seem likely to be on track to generate two fifths of group profit via non-retail areas by 2030. Maybe it would have been prudent to address the problems in the core business rather than introduce more through diversification.
The final countdown for WeWork as stock falls off the edge