K&K Property Holdings makes London debut with £130m Covent Garden deal December 18, 2019 Hong Kong’s K&K Property Holdings has made its first investment in the London market with the acquisition of an office block in Covent Garden for £130m. Tenants in the 90,916 sq ft tower include co-working firm The Office Group and Marathon Asset Management. Read more: Central London office take up surges as fintech sector grows [...]
Sotheby’s wine business toasts record-breaking year December 17, 2019 Sotheby’s Wine toasted sales of more than $100m (£75.9m) for the second consecutive year in 2019, following a string of record-breaking auctions, as wealthy investors seek alternative asset classes. The auctioneer reported total auction sales of $118m in 2019, an increase of 20 per cent, in a year that saw Sotheby’s in London record its [...]
Crypto AM shines its Spotlight on INX October 28, 2020 Trailblazers In Unchartered Territory: INX, The First SEC-Registered Token IPO INX Limited is enabling the future of finance by creating a new asset class; with higher flexibility and innovative functionality for asset listings, trading and governance. We are witnessing change across all industries in this post-pandemic world, and capital markets are no exception. Security tokens [...]
Bellator: MMA promotion’s head of Europe David Green on its new deal with the BBC, wooing the UK and Ireland and why it has a strong female following February 26, 2021 Question Time. Antiques Roadshow. Songs of Praise. To that list you can now add cage-fighting organisation Bellator. This month the BBC became the home of the American mixed martial arts (MMA) promotion in the UK, meaning it now sits alongside some of the most traditional shows in British broadcasting. While it might rile the “Disgusted [...]
Survive and thrive: Back to the grind stone at a cult coffee favourite June 1, 2020 London’s businesses have been forced to weather a storm they never saw coming, but many have pivoted to new ways of doing business. Today, David Abrahamovitch – founder of coffee brand GRIND – writes for City A.M. on the way he’s changed his business during the pandemic, and the challenges of the ‘new normal’ The week [...]
UK house prices bounce back with 2.1 per cent rise December 6, 2019 UK house prices were 2.1 per cent higher last month then they were a year ago at an average price of £234,625, according to the Halifax House Price Index. Prices also grow on a monthly basis, rising 1.0 per cent from October. Read more: UK house prices: Growth picks up in November It means an [...]
Opinion: ‘Boris bounce’ made you want to sell your home? Do these three things first January 24, 2020 I view on average 500 properties per year, and have purchased homes for more than 300 clients. During the past 13 years I have seen some sellers get it right, and others pitch their homes horribly wrong. Sellers are feeling re-energised post-election, and with greater certainty around Brexit, we’ve seen a flurry of properties come [...]
Exclusive: Politicians slam House of Fraser for continuing to sell Presidents Club clothing line January 30, 2020 Politicians, businesswomen and equality campaigners have called on House of Fraser to stop selling a clothing line appearing to reference the Presidents Club dinner where businessmen allegedly groped hostesses. The Presidents Club annual dinner was plunged into scandal in 2018 after details emerged of attendees’ behaviour and revealing dresses hostesses were told to wear. The [...]
Fuller’s profit slides following sale of beer business December 12, 2019 Fuller, Smith & Turner reported a fall in profit before tax for the first half, but revenue for the pub group rose slightly amid “good performance” from its managed pubs and hotels. Statutory pre-tax profit for the six months to 28 September decreased 27 per cent to £11.1m, down from £15.1m the previous year. Read [...]
What next for Biden’s climate and social agenda? January 29, 2021 Joe Biden ran on one of the most progressive platforms the US has ever seen, with climate ambition at its heart. His victory will result in a sea-change in US climate ambition. That said, the narrow margin of victory will pose challenges for the more ambitious elements of his agenda. Below we assess the policy [...]