New homes: Spanking new property going on sale this weekend in Greenwich, Blackwall, Southfields, Hendon and Old Isleworth February 17, 2017 Kidbrooke Village, Greenwich From £850,000 Buy a home that you can grow into over time by snapping up an adaptable Urban House. Berkeley Homes has designed these three to four bedroom houses on its development in Greenwich so you can upgrade them over time, depending on your living situation. The ground floor, for instance, can [...]
Property of the Week: Restaurateur Peter Langan’s celeb haunt turned 4-bed penthouse in Mayfair January 24, 2017 This top-floor penthouse moments away from fashionable eateries Sketch and Pollen Street Social has links to a historic restaurant itself and once hosted some of Britain’s greatist contemporary artists. Built at the start of the 20th century by Ernest George, the same architect behind the grand, red brick Royal College of Music, this building on [...]
Invesco Real Estate and Aareal Bank AG agree a lending facility of up to €1bn December 5, 2016 Invesco Real Estate and Aareal Bank AG have agreed a loan facility of up to €1bn over a 10 year period, one of the biggest loans sealed in the real estate sector this year. The loan will be used to grow Invesco Real Estate's European portfolio, which already comprises €3bn worth of investments, and it can be [...]
Retailers in Mayfair and Bond Street to be hardest hit by 2017’s business rate review but those in High Street Kensington can cheer a drop October 10, 2016 Retailers in Mayfair will be Central London's hardest hit by hikes in the 2017 business rates review, according to analysis from consultancy CBRE. Mount Street occupants will see their average rateable values increase by 138 per cent while just yards away on Bond Street, businesses are facing increases of up to 100 per cent. Steep [...]
City Moves for 6 September 2016 | Who’s switching jobs September 6, 2016 CBRE Sir Edward Lister has been appointed as a consultant to CBRE, the global real estate advisor. Sir Edward was most recently the mayor of London’s chief of staff and deputy mayor for policy and planning. In his new role, he will work with CBRE’s One London team in advising its clients on public sector engagement [...]
Office capital values in the City of London hit after the Brexit vote August 8, 2016 Commercial property capital values fell in July due to heightened uncertainty after the Brexit vote, and offices in the City of London were the worst hit. Capital values fell by 3.3 per cent, according to CBRE's monthly index, with the value of offices in the City of London falling by 6.1 per cent. Read more: Commercial and City [...]
EU referendum: London firms say the Single Market is the capital’s biggest economic asset – Confederation of British Industry (CBI) and CBRE Group survey February 24, 2016 Nearly all of London's businesses say that access to the European Union’s Single Market is the capital's "single greatest strength", according to a new survey out today. The Confederation of British Industry (CBI) and CBRE polled 200 of the capital's business leaders, finding that three-quarters of businesses have customers – and almost two-thirds of firms have suppliers – in [...]
City Moves for 18 October 2016 | Who’s switching jobs October 18, 2016 Saffery Champness Accountancy firm Saffery Champness has recruited Dermot Callinan as a partner in its Harrogate office. He joins from KPMG, where he recently served as head of the UK private client advisory team. Dermot is a specialist in domestic and international personal taxation and his clients include wealthy individuals (both UK and non-UK domiciled), [...]
EU referendum: Three in four property investors think Brexit would make the UK a worse place to invest in property according to new CBRE poll February 25, 2016 Nearly three in four property investors think Britain leaving the European Union would make the UK a worse place to invest in property, according to a major new report out today. Global property adviser CBRE found that investor sentiment has "hardened" against the UK leaving the EU in recent years, with 2016 showing a sharp drop in [...]
New Builds: New homes on the market this weekend in London from Help to Buy in Chiswick to luxury flats in Holborn January 20, 2017 500 Chiswick High Road, Chiswick From £420,000 Twenty-five apartments are going on sale tomorrow as part of the Government’s Help to Buy equity loan scheme for first time buyers. With private outdoor space, a concierge and underground parking, it’s a relatively affordable opportunity to buy into Chiswick, a smart west riverside area that’s popular with [...]