News2024-08-02T09:39:18+00:00

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Buy-to-rent schemes up by 40% in Q1

March 31st, 2025|

Build-to-rent investment in Q1 totalled £735.3m, with investment into the sector up by almost 40% compared with the same period 2024.

Estates Gazette to close after 166 years

December 20th, 2024|

The heart says this is the end of an era - the head says it is more akin to a retirement a long time in the making.

Brookfield looks to sell Citypoint tower

September 5th, 2024|

Canadian asset manager, Brookfield, has put London’s Citypoint tower up for sale with a price tag thought to be around £500m.  This represents the biggest test yet of the UK capital’s office market after a two-year downturn and comes as Brookfield faces a deadline on about £460mn of debt secured on the 36-storey building

AXA Plans New EC3 Tower

August 6th, 2024|

AXA IM have now lodged an environmental impact assessment report with the City of London Corporation on 1980s offices at Camomile Court and 63 St Mary Axe, EC3

Asda’s New Town Centre in Park Royal

May 15th, 2024|

Asda has today unveiled plans for a transformational Mixed-Use Redevelopment of its ten-acre Park Royal site in North West London.

Has WeWork Finally Shut the Door on Neumann?

May 9th, 2024|

As WeWork receives court approval to a $450 rescue plan from its senior creditors, has Adam Neumann finally been shut out in his bid to buy back the company?
The proposed deal will be voted on by creditors on May 30th.

Life Sciences Demand for Space Cannot Fill Every Void

May 9th, 2024|

As London’s office market continues to go through uncertain times the demand for lab space by the life sciences sector seems to be the answer everybody is relying on at present.

Canary Wharf Offices Lose Nearly £1bn in Value

April 25th, 2024|

More than £900mn has been wiped off the value of Canary Wharf Group’s office buildings, as the financial district landlord secured backing from lenders for a £553mn debt deal. The developer and manager of the London docklands estate reported a 14.7 per cent annual fall in the value of its property holdings to £6.8bn in 2023. Independent valuers heavily marked down its office buildings, which make up a majority of the portfolio, to £4.3bn. This has been offset by rising retail values and steady residential assets.

Adam Neumann Makes Conditional Offer to Buy WeWork

April 3rd, 2024|

Adam Neumann has submitted a conditional bid of circa £500 million for WeWork, the bankrupt co-working company he fronted until 2019.

Moody’s Quit Canary Wharf

March 19th, 2024|

How significant are the recent financial services departures from Canary Wharf or is the area just, reinventing itself and moving with the times

18 Blackfriars Road £1 Billion Development Plans Revised

March 5th, 2024|

Hines have lodged revised plans for their office & residential redevelopment of 18 Blackfriars Road, after discussions with Historic England & Southwark Council

BT Tower to Become a Hotel

February 21st, 2024|

The Post Office Tower, as it was originally known, is set to become a hotel as owners BT Group sell to US group MCR Hotels for £275m.
The BT Tower was London’ tallest building for sixteen years after its opening in 1965 with its microwave aerials playing an essential role in telecommunications.  Telecoms has undergone its own revolution and the Tower’s role has diminished but it still remains a significant London landmark.

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