Reiss to ramp up expansion overseas after doubling full-year profits October 19, 2015 Family-owned fashion retailer Reiss has said it plans to ramp up expansion overseas next year by adding 40 new stores, after it revealed record sales and profits. The upmarket high street brand, a favourite with royals and celebrities including the Duchess of Cambridge and Olivia Palermo, said strong growth through its website and existing stores help drive a [...]
Cranes fill London’s skyline as office building activity hits seven-year high November 10, 2015 Building activity in central London has jumped by 28 per cent in the last six months to a reach a seven-year high, according to data released today. Deloitte Real Estate’s latest Crane Survey, which tracks building activity across the capital, said there were 26 new starts in the period totalling three million square feet and [...]
Walkie Talkie prompts City clampdown on wind tunnels as skyscrapers transform London July 13, 2015 Complaints over powerful gusts of wind around the base of the Walkie Talkie skyscraper in the City have prompted planners to demand property developers seek a second opinion over their wind reports. Wind tunnels have become a more frequent problem as an apparent result of skyscrapers going up in the capital. The City of London [...]
Another City tower in the offing? Brookfield buys the rest of 100 Bishopsgate November 11, 2014 After things started to look up for The Pinnacle, there may be hope for another long-delayed City tower. Brookfield Multiplex has brought up the remaining stake in the tower it doesn't own from Great Portland Estates, suggesting work on the scheme, which was given planning permission almost a decade ago, might finally go ahead. According [...]
What got us talking this week – including the Paris attacks reaction, Black Friday, the Autumn Statement, Cross Boris in Crossrail revelations, Adele’s new album and Eddie Jones November 20, 2015 It was a week where Boris Johnson found a tunnel under his house, we heard petrol could dip under £1 a litre and we asked how financially literate you are. Paris attacks – the reaction While the market's immediate reaction was subdued, the emotional outpouring following the Paris attacks has been palpable – in France, Europe and [...]
Chinese insurance giant Anbang nears £750m Heron Tower deal August 9, 2015 The Heron Tower in the City that is part-owned by property tycoon Gerald Ronson could soon change hands after a Chinese insurance giant emerged as a frontrunner to buy the skyscraper for £750m. Anbang Insurance, a privately owned group that last year snapped up New York’s Waldorf Astoria hotel for almost $2bn (£1.3bn), is close [...]
The City of London’s decade of growth – upwards September 6, 2015 An army of tall buildings that have transformed London’s skyline over the past decade – from the Heron Tower, completed in 2011, to the Shard, which opened in 2012 near the former site of City A.M.’s very first offices, New Bridge House. And there are many more to come in the next few years, [...]
TfL Tube strike 2015: Fitness First offers commuters free showers and gym classes July 8, 2015 Fitness First has come to the rescue of exasperated commuters ahead of the tube strike by offering free showers and training sessions across all of its London gyms tomorrow. Commuters who want to take advantage of the offer should bring their oyster card to one of Fitness First's 45 gyms listed below. "Fitness First is encouraging commuters across [...]
August 2015 TfL Tube strike chaos: These companies are helping you get through the Tube strike August 5, 2015 The Tube strike starts tonight (5 August) at 6:30pm and will last until Friday morning. While Transport for London is doing its best to issue travel advice and digital companies are offering help to avoid the queues, we are going to need a little bit extra to get through the next couple of days. These companies [...]
Mitsubishi unveils plans for city tower April 23, 2015 Japanese property firm Mitsubishi Estate has submitted plans today to convert the old Barings head- quarters in the City into a 40-storey office tower. The plans will see 6-8 Bishopsgate and 150 Bishopsgate replaced with a 71,501 square metre building.