Martin & Co to float on Aim December 3, 2013 Residential lettings agency Martin & Co yesterday confirmed its intention to join London’s junior stock market, becoming the latest real estate firm to float. The company, which manages 30,000 properties across 187 franchise offices, plans to raise £4m from a listing on Aim on 18 December. The IPO will allow its founders to partially exit [...]
London skyline gets a £1.2bn Chinese fortune January 11, 2014 CHINESE state-owned Greenland Group has made its first foray into the UK market with a £1.2bn swoop on two major London developments – which could see it build the tallest skyscraper in Canary Wharf. The property giant yesterday signed a deal to buy developer Minerva’s Ram Brewery, a historic seven acre site in Wandsworth claimed [...]
London skyline gets a £1.2bn Chinese fortune January 7, 2014 CHINESE state-owned Greenland Group has made its first foray into the UK market with a £1.2bn swoop on two major London developments – which could see it build the tallest skyscraper in Canary Wharf. The property giant yesterday signed a deal to buy developer Minerva’s Ram Brewery, a historic seven acre site in Wandsworth claimed [...]
From forlorn flats to towering success January 30, 2014 One Commercial Street is the residential project proving London’s back in business OF ALL the new towers cropping up around the UK, an ambitious development, abandoned during the financial crash, is proving that London can bounce back from a crisis. Developer Redrow London now has high hopes for its flagship project, One Commercial Street, in [...]
We must urgently fix Britain’s horribly broken housing market July 18, 2013 IT’S called the law of supply and demand, a basic concept that Labour and coalition politicians sometimes find difficult to grasp. If you try to mess with it, it ends up biting you, and hard. Take residential property. In a free market, if the price for something goes up, people tend to produce more of [...]
City Moves for 20 November 2013 | Who’s switching jobs November 19, 2013 Aviva The insurance company has announced the appointment of Colm Holmes as chief financial officer of its UK and Ireland general insurance business. He was most recently at Zurich Insurance Group, where he was group treasurer and head of capital management. UBS Wealth Management The wealth management business has recruited six specialists to its strategic partnership team. [...]
House prices to jump eight per cent in 2014 as supply stays low December 18, 2013 THE CHRONIC lack of supply in Britain’s housing system will drive the market again in the year ahead, pushing property prices even further ahead of wage increases. The Royal Institution of Chartered Surveyors (RICS) today reveals their forecasts for the housing market in 2014, projecting prices to climb by another eight per cent. In comparison, [...]
Daily Mail extends property move October 28, 2013 Daily Mail and General Trust (DMGT) has bought Decision Insight Information Group (DIIG), a property search company, for £75m. It will join DMGT’s business information division, dmg information, adding to the group’s existing property businesses. DIIG had revenues of £69m and an operating profit of £6m for the year to 31 December 2012. DIIG is [...]
Celebrating the art of living March 28, 2014 Here are some of the public artworks commissioned by property developers to inspire Londoners at home THE TOWER AT SAFFRON SQUARE, CROYDONThis 43-storey skyscraper in Croydon is set to grace London’s skyline in 2016. Residents can expect “five-star hotel living” set against arty interior design. The architecture of the building is inspired by the iconic [...]
The changing skyline of Aldgate June 4, 2013 Aldgate is fast becoming a hub for mixed-use developments offering the best in modern living. Naomi Mdudu investigates. The east end isn’t the only area under major regeneration. Aldgate, which lies within the City Fringe, a transitional area between the financial district and east London proper, is quickly becoming a prime residential spot and is [...]