Ronson’s new home for Guildhall School of Music reaches milestone May 19, 2011 THE CITY’S Lord Mayor and property tycoon Gerald Ronson yesterday celebrated the completion of the frame of the new Guildhall School of Music & Drama on Silk Street. The school’s new home will make up the bottom two floors of The Heron residential tower, which is due to complete in 2013. Almost two-thirds of the [...]
PROPERTY FIRM OF THE YEAR | THE SHORTLIST DAY 4 June 22, 2011 The property sector has experienced mixed fortunes this year. While work on record-breaking skyscrapers has really picked up the pace, other projects have been left unfinished or even empty once completed. London has continued to enjoy the best conditions for investing and developing real estate – with nominees British Land, Land Securities and Heron among [...]
CITY MOVES | WHO’S SWITCHING JOBS May 31, 2011 Wainbridge The property investment and asset management firm has appointed Graham Langlay-Smith as chief financial officer. Langlay-Smith joins from Credit Suisse, where he was a director of the European team of DLJ Real Estate Capital Partners. Prior to Credit Suisse, Langlay-Smith was chief financial officer of real estate developer TrizecHahn Europe, and has also held [...]
PROPERTY NEWS December 9, 2010 DEMAND FOR PROPERTY AT QUARTER’S HIGH Demand for property is on the rise for the first time in four months, according to the National Association of Estate Agents. House-hunters increased in November, attracted to falling prices, while supply remains static. Close to Christmas, there are usually fewer sales to avoid family disruption; people also tend [...]
FUND MANAGEMENT NEWS October 12, 2010 HEARTHSTONE TO LAUNCH PROPERTY FUND Hearthstone Investments yesterday announced that it would launch a residential property fund in the first quarter of 2011 and has hired David Gibbins as fund manager. The fund will be ungeared and it will seek to track the performance of the UK residential property market as well as provide a [...]
Where country piles come grand …and affordable July 7, 2011 A 40-bedroom castle, supposedly haunted as well as being a 2005 location for Doctor Who, is on the market for £1.5m. Sure, there may be ghosts roaming its hallowed halls, but by any standard, Craig y Nos Castle, in the Upper Swansea Valley, is going for a song. To anyone used to London prices, the [...]
Where country piles come grand …and affordable July 7, 2011 A 40-bedroom castle, supposedly haunted as well as being a 2005 location for Doctor Who, is on the market for £1.5m. Sure, there may be ghosts roaming its hallowed halls, but by any standard, Craig y Nos Castle, in the Upper Swansea Valley, is going for a song. To anyone used to London prices, the [...]
City ready for role in elderly care funding July 4, 2011 CITY experts welcomed sweeping proposed changes to how care for the elderly is funded yesterday, as they would allow financial services firms to help people meet their costs. Economist Andrew Dilnot (pictured) called for the current system, which forces people with more than £23,250 in assets to fund their care in full, to be scrapped [...]
Chelsea Barracks £3bn plan approved June 21, 2011 NEW plans for the redevelopment of Chelsea Barracks in central London were given the go-ahead yesterday by Westminster council, two years after the Prince of Wales intervened over the original plans for the site. The outline of the masterplan for the scheme, which will cost around £3bn, will see the 13-acre property that used to [...]
Chelsea Barracks £3bn plan approved June 21, 2011 NEW plans for the redevelopment of Chelsea Barracks in central London were given the go-ahead yesterday by Westminster council, two years after the Prince of Wales intervened over the original plans for the site. The outline of the masterplan for the scheme, which will cost around £3bn, will see the 13-acre property that used to [...]