City Moves for 23 October 2013 | Who’s switching jobs October 22, 2013 Deloitte The business advisory firm has appointed Olaf Theilmann as a senior partner in its financial services practice. He was most recently at Barclays, where he was European chief commercial officer and member of its executive committee. Baker Tilly The accountancy firm has announced the hire of Karen Hine as head of private client tax. [...]
Brookfield Property makes $5bn bid for 99 Bishopsgate owner September 30, 2013 BROOKFIELD Property Partners yesterday offered to buy the 49 per cent of Brookfield Office Properties (BPO) it does not already own for $5bn (£3.1bn) in a deal that would create one of the world’s largest commercial property firms. Both companies are subsidiaries of Toronto-based Brookfield Asset Management which manages about $175bn in power, property, infrastructure [...]
Family homes with a modern twist December 5, 2013 Townhouses are standing tall next to the increasing numbers of towers that are dominating the skyline TOWNHOUSES were once the reserve of London’s nobility, standing tall around the boundaries of the City of London. But as the population rose, so did residential buildings and now it’s not unusual to live 10 or 20 storeys above [...]
Why bank data transparency could lead to a better functioning market December 18, 2013 FEW would find it hard to spot the difference between Stoke Newington and Salford. It’s certainly more than 200 miles that divides the North London district and the regenerating Manchester borough, now home to the BBC’s MediaCityUK. But earlier this week, banks published figures showing that both these places are hotspots for small and medium-sized [...]
Focus on… Regent’s Park: Buy a room with a Royal Park view November 21, 2013 IF YOU’RE finding it hard to fall in love with the towers of London and you want something a bit more traditional, then look into living near Regent’s Park. The north west London beauty spot started life as a hunting ground for King Henry VIII. But at the start of the 19th century the Prince [...]
Grainger and APG get a grip on £349m property fund January 22, 2013 GRAINGER yesterday announced it has teamed up with Europe’s largest pension fund manager to create a £349m residential property fund. The Grip fund will see Grainger and APG Strategic Real Estate Pool acquire G:res, a residential property fund set up and managed by Grainger since 2005. APG is making an investment of £158m while Grainger [...]
Candy gets the thumbs up to turn Knightsbridge office into house August 28, 2013 PROPERTY tycoon Christian Candy, one of London’s best known residential developers, is turning an office building in Knightsbridge into a supersized residential home. Candy’s CPC Group was granted planning permission by Westminster borough council earlier this week to convert its offices at Rutland Gardens into a house, which will be 16 times the size of [...]
Bupa to spend $355m on Hong Kong’s clinics October 14, 2013 BRITISH medical services group Bupa is buying Hong Kong’s largest private network of clinics for $355m (£222m) from India’s Fortis Healthcare. The deal to buy Quality Healthcare Medical Services is expected to go through as quickly as the end of this month. Bupa chief executive Stuart Fletcher said: “Quality HealthCare is a successful, well managed [...]
Palace Street block to be turned into apartments fit for a queen September 18, 2013 IT’S AN address that could soon be one of the most desirable in London: a listed building just across the road from Buckingham Palace. Property company Northacre yesterday pledged to turn the former offices for the Department for International Development into a luxury apartment block. DfiD has freed up the prime location at 1 Palace [...]
Move into the heart of city living October 24, 2013 Make a smart international investment or simply live among some of the world’s most famous landmarks There are certain things non-Londoners take for granted that seem like every-day miracles to those living in the capital. Walking to work is one of them – the morning commute is inescapable in the Big Smoke. You can also [...]