Knight Frank partners share £73m bonus pool October 23, 2011 PARTNERS in the upmarket estate agent Knight Frank have landed a £73m payout after profits rose by 10 per cent in the last financial year, buoyed by foreign investors flocking to London’s luxury property market. The firm, which advises on both residential and commercial property deals, saw pre-tax profits rise to £101.9m in the year [...]
Property firm St Modwen sees big year December 1, 2011 PROPERTY regeneration company St Modwen expects its full-year results to buck the economic downturn, coming in at the upper end of forecasts. The company, which owns the Elephant and Castle and Edmonton Green shopping centres in London, said in a trading update that sales and buyer interest in its new sites have both been high, [...]
CITY SNAPS UP FLATS IN DELAUNAY NEIGHBOUR December 6, 2011 NO PRIZES for guessing who was first through the doors of The Delaunay: restaurant reviewer AA Gill, who was yesterday spotted having breakfast with the new brasserie’s co-owner Jeremy King. Of course, Gill was followed closely by The Capitalist, who caught up with King as he studied the architects’ plans for his next opening Brasserie [...]
CITY SNAPS UP FLATS IN DELAUNAY NEIGHBOUR December 6, 2011 NO PRIZES for guessing who was first through the doors of The Delaunay: restaurant reviewer AA Gill, who was yesterday spotted having breakfast with the new brasserie’s co-owner Jeremy King. Of course, Gill was followed closely by The Capitalist, who caught up with King as he studied the architects’ plans for his next opening Brasserie [...]
SINGAPORE TYCOON TO PITCH FOR FULHAM’S HISTORIC TOWN HALL December 11, 2011 FORGET the West End, the eyes of the property world will tomorrow be fixed on Fulham, when the council decides the fate of its historic town hall. The tender to develop the Grade II-listed site, which dates back to 1888, has been narrowed to a list of three developers – one retail, one residential and [...]
SINGAPORE TYCOON TO PITCH FOR FULHAM’S HISTORIC TOWN HALL December 11, 2011 FORGET the West End, the eyes of the property world will tomorrow be fixed on Fulham, when the council decides the fate of its historic town hall. The tender to develop the Grade II-listed site, which dates back to 1888, has been narrowed to a list of three developers – one retail, one residential and [...]
SPITALFIELDS December 8, 2011 QUAKER STREET, E1 Price: £930,000 Moments from Brick Lane and Spitalfields, this two bedroomed penthouse flat sits within a secure, gated residential development with secure off-street parking. Furnishings are state-of-the-art and super sleek. www.foxtons.com WOODSEER STREET, E1 Price: £550,000 A one-bedroom ground floor flat with lovely original features including a mezzanine level and amazing original [...]
Lenders pursuing Battersea owner November 30, 2011 LENDERS to Battersea Power Station could force parts of its owner into administration, after running out of patience over loan repayments. Creditors including Lloyds Banking Group and Ireland’s National Asset Management Agency have applied to send some arms of the Battersea Power Station Shareholder Vehicle (BPSSV) into administration after the group said it could not [...]
CITY MOVES | WHO’S SWITCHING JOBS December 19, 2011 Standard Life Charles Guay has been appointed as president and chief executive of Standard Life Canada. He will start on 1 February 2012 to replace Joseph Iannicelli, and is joining from National Bank of Canada, where he is senior vice president, strategies, marketing and investment solutions, wealth management. He additionally holds the role of president [...]
LONDON & STAMFORD BUYS FLATS IN OVAL September 26, 2011 Property firm London & Stamford said it has completed the acquisition of a residential block near Oval, south London, for £24.4m. The company said it had exchanged contracts with Kilmorie Investments for the long leasehold interest of 74 private residential units on Clapham Road, a month after it bought residential block in Islington for £50m.