Recruitment slump is hitting cost of London home rentals February 12, 2012 THE slump in the City job market is dragging down the cost of renting prime residential property in London. Rents in the best areas fell 0.2 per cent, equivalent to £80 a month, according to research published today. It comes after a halving in the number of vacancies in financial services over the last year. [...]
City Moves | Who’s switching Jobs August 13, 2012 Hill Residential The property development group has appointed Tony Woodman to the position of sales director. He will be responsible for overseeing the company’s increased focused on residential development. Woodman joins from Taylor Wimpey, where he was sales and marketing director. He has also held similar roles at George Wimpey and Laing Homes. Rathbone Investment [...]
Your first move onto the property ladder September 9, 2012 UK HOUSE prices saw their biggest fall for a year in the three months to July 2012, according to the Royal Institution of Chartered Surveyors (Rics). But the capital is bucking the trend. London property prices grew by 6.5 per cent over the last year, according to last quarter’s Greater London Authority London Housing Market [...]
CITY MOVES | WHO’S SWITCHING JOBS March 12, 2012 Grainger Laure Duhot will be joining the UK’s largest listed residential property landlord in the new role of director of strategic capital markets. She will oversee Grainger’s evolving business strategy, with specific focus on the creation and management of new joint ventures, funds and strategic alliances. Duhot has worked extensively in investment banking and global [...]
CITY MOVES | WHO’S SWITCHING JOBS July 31, 2012 Arle Capital Partners Hilary Ellis has been appointed human resources director at the private equity firm. She will also sit on the board of Alma Consulting, one of Arle’s portfolio companies. Ellis was most recently at Alstom, where she served as director of integration and change management. PensionsFirst Capital Hugo James has been appointed chief [...]
Stobart’s real estate deal draws criticism from Pirc January 31, 2012 INSTITUTIONAL investor group Pirc has criticised transport firm Stobart’s plan to buy up property from a company controlled by its own directors. Pirc said shareholders should abstain from a binding vote on the deal, due on 13 February, as it presents a conflict of interest, and questions remain about how Stobart will tackle the debt [...]
Hammerson reveals Croydon centre plans to rival Westfield July 26, 2012 HAMMERSON yesterday unveiled its plans for the redevelopment of Croydon’s Whitgift Centre as the battle between the property developer and Australian rival Westfield escalated. Plans to revive the 1960s shopping mall came to a halt this year after its leaseholders – Royal London Asset Management and Irish Bank Resolution – and the freehold owners – [...]
Ronson wins plan approval June 27, 2012 PROPERTY TYCOON Gerald Ronson’s investment club has been given the go-ahead to redevelop a 12-storey Marylebone office building into a residential scheme. Ronson Capital Partners (RCP), an invitation-only fund for wealthy investors set up by Ronson in 2009, intends to redevelop International House on Chiltern Street, which currently offers 80,000 square feet of office space, [...]
Prime London house prices to grow six per cent June 20, 2012 PRIME CENTRAL London residential house prices will grow by six per cent this year in stark contrast to the rest of the UK, new research from CBRE shows. The property specialist said average house prices in London’s top postcodes have grown by 35 per cent over the last three years and are now 16 per [...]
City Moves | Who’s switching Jobs August 21, 2012 Chartered Institute of Internal Auditors David Lyscom has been appointed policy director of the professional membership body. He is a former UK ambassador to the Organisation for Economic Cooperation and Development (OECD), and was also previously UK ambassador to Slovakia and the International Energy Agency (IEA). He will report to Dr Ian Peters, the institute’s [...]