Cognicity Challenge: Canary Wharf Group’s £300,000 smart city startup fund October 21, 2014 Canary Wharf Group yesterday launched a startup accelerator programme to find six so-called smart city technologies – that drive cost savings using technology in fields such as transport and construction – to be piloted across its estate. The Cognicity Challenge will be spread over six sectors: integrated transportation, connected home, virtual design, construction, integrated resource [...]
EU referendum: Asda, HSBC, Vodafone and nearly 200 sign letter saying Brexit would threaten jobs – but Tesco, Morrisons and Sainsbury’s are not on the list February 23, 2016 The bosses of HSBC, BT, Vodafone and Asda are among those to have put their name to an open letter backing the remain camp and Prime Minister David Cameron's reforms in Europe. More than a third of the UK's biggest companies were represented in the letter, which was published in The Times this morning, saying they represented [...]
Enjoy your cider with a view at The Gun in London Docklands September 1, 2015 It’s easy to forget how important the River Thames was to London in past centuries. But a trip to The Gun in the city's Docklands will put that straight. It's a slice of history all right – even Lord Nelson used to drink a pint or two here. Yet today, the pub is [...]
Songbird Estates share price falls after £1.6bn Qatari takeover bid for Canary Wharf is rejected November 7, 2014 A £1.6bn takeover offer for Songbird Estates has been rejected by the Canary Wharf owner. The offer, at 295p per share, was made by the Qatar Investment Authority (QIA) and US investor Brookfield Property Partners. The Qatari sovereign wealth fund already holds a 29 per cent stake in Songbird, whose investment portfolio is [...]
Canary Wharf’s shopping malls boost Songbird Estates September 18, 2014 Songbird Estates, the listed property giant behind London’s Canary Wharf Group, said the value of its shopping centres had reached a record £1bn in the first half of the year as the company pushed ahead with a new mall above its planned Crossrail station. The company is building 115,000 square feet of retail [...]
Silicon Roundabout rents push tech firms out of hub April 16, 2015 Office take-up by tech and media firms in Whitechapel, Canary Wharf and the Docklands is on track to overtake London’s traditional industry mecca of Shoreditch this year as companies go in search of cheaper rents, according to new data seen by City A.M. Property advisory firm Colliers International said 79,740 square feet of space was [...]
British Land issues £350m convertible bond to fund One Sheldon Square Paddington and Surrey Quays acquisitions June 2, 2015 British Land, one of the UK's biggest developers, has launched a £350m convertible bond. The senior, unsecured convertible bonds, due in 2020, will be used to fund its acquisition of two central London properties and future spending. The developer splashed £210m on increasing its ownership of One Sheldon Square in Paddington in April, and bought [...]
British Land raises £350m via bond issue June 2, 2015 BRITISH Land, one of the UK’s biggest developers, has launched a £350m convertible bond. The senior, unsecured convertible bond, due in 2020, will be used to fund the company’s acquisition of two central London properties and future spending. British Land splashed £210m on increasing its ownership of One Sheldon Square in Paddington in April, and [...]
Contemporary luxury comes to the North Bank: The Westminster penthouses that are challenging traditional power architecture July 9, 2015 Westminster has drawn the pious and powerful for a millennia, but the only homes to service them seem to be stuffy period numbers with no central heating and little natural light. Sure, there’s plenty of Old England charm in a Georgian terrace, but it’s hardly the height of modern luxury anymore. Interiors from the [...]
Rare his ‘n’ hers houses go on sale in Kensington July 23, 2015 Campden Hill Road, Kensington, £12.75m each Everybody needs a bit of space in their relationships, but if you feel you need more than most, then these twin houses may be the perfect solution. Two identical semi-detached houses have entered the market in Kensington. Complete mirror images of one another inside and out, Hyde House [...]