Shaftesbury raises £157m to help acquisition spree in China Town March 6, 2014 SHAFTESBURY has bought a landmark property at the heart of London’s China Town next to the famous pagoda for £54.4m after raising £157m through a share placing yesterday. The West End developer said it has added a 50,000 square feet building on Newport Place to its £460m China Town portfolio and hopes to submit plans [...]
What the other papers say this morning – 02 May 2014 May 1, 2014 FINANCIAL TIMES Ebay settles DoJ ‘no poach’ probe Ebay is the latest Silicon Valley company to settle with US authorities over allegations it struck illegal agreements with rivals to not hire their employees. The ecommerce company will pay California $3.75m, some of which will go to compensating employees affected by a so-called “no poach” agreement [...]
Godzilla thunders back onto screens May 15, 2014 FILM GODZILLA Cert 12a | By Alex Dymoke Three Stars SKYSCRAPERS haven’t come in for this much abuse since Prince Charles started sounding off about contemporary architecture. Brit director Gareth Edwards’ take on the classic Japanese B-movie doesn’t so much reimagine the original as inject it with growth hormones. It’s a monster of a monster [...]
Gehry and Foster unveil Battersea Power Station designs April 7, 2014 Architects Frank Gehry and Norman Foster unveiled their designs yesterday for the next phase of development at Battersea Power Station that will include 1,300 homes on either side of new high street forming the gateway to the landmark building. It will be the first building in London for the Canadian-American Gehry, whose best known works [...]
London 2030: An optimist’s vision of the next urban renaissance April 1, 2014 LONDON faces acute problems of growth. We are building barely a third as many new homes as we need. Yet there is no credible plan for the other two-thirds. In 17 boroughs, the average rent is more than half the average wage, and the typical first time buyer is 32. Peak congestion is unbearable across [...]
What the other papers say this morning – 07 April 2014 April 7, 2014 FINANCIAL TIMES Ecclestone wants to regain grip on F1 Bernie Ecclestone has said he would like to regain control of F1 in partnership with leading teams such as Ferrari, even as he prepares to step back from the day-to-day running of the sport. Asked if he wanted to buy up stakes if they became available [...]
A view to dine for May 20, 2014 SOUTHERN GEMS Now we’ve told you to go to Ting, we can’t ignore the other brilliant restaurants inside The Shard. Hutong is also an Asian-inspired affair, while Oblix and Aqua Shard are focused on modern British cuisine – all massively capitalise on the panoramic views. Book in at Skylon brasserie in the Royal Festival Hall [...]
A slice of Detroit in the West End November 6, 2014 Shinola, the resuscitated brand breathing new life into the blue-collar artisanal skills of America’s heartland, has landed in the heart of the buzzy Carnaby Street shopping precinct. Situated at 13 Newburgh Street, Shinola’s full range of “utility luxe” (our term) includes everything from watches (from £410) to leather goods, journals and even a selection of [...]
Ukraine: The biggest crisis in Europe this century says Hague March 3, 2014 Foreign secretary William Hague has called the current situation in Ukraine “the biggest crisis in Europe in the 21st century” this morning. Hague confirmed Russia’s taken operational control of Crimea, and that he’s “very concerned” about the possibility of movement by Russia further into eastern Ukraine. There is "no justification" for Russia's actions, he said. [...]
Capco property values up by a fifth to £2.3bn February 25, 2014 CAPITAL & Counties (Capco) said a strong performance from its sprawling Covent Garden estate helped push the total value of its property up by 20 per cent to £2.3bn last year. The developer, which has been bringing in new upmarket tenants including Dior, Laduree and the restaurant Balthazar, said the value of its west end [...]