Aukett snaps up rival architects’ firm for £1.6m December 19, 2013 AIM-LISTED architectural firm Aukett Fitzroy Robinson (AFR) has snapped up the European arm of American rival Swanke Hayden Connell (SHCE) for £1.6m, in a further sign of returning confidence in the market. The new company will be called Aukett Swanke and is expected to generate £16m in annual sales, employing 340 staff across eight countries. [...]
Hussey reveals Marble Arch vision November 20, 2013 ALMACANTAR said it is to submit plans for the overhaul of Marble Arch Tower before the end of the year after unveiling its final proposals for the prime West End scheme yesterday. The property developer founded by the former London boss of Land Securities Mike Hussey wants to demolish the current 24-storey tower on the [...]
Coen brothers deliver the goods January 23, 2014 FILM INSIDE LLEWYN DAVIS Cert 15 | By Alex Dymoke Four Stars INSIDE Llewyn Davis is an offbeat, directionless sulk through the unforgiving streets of early 60s New York. These 60s don’t so much swing as shiver: winter-time Greenwich Village is wan, washed-out, freezing. The aspiring musicians who shuffle through it aren’t carried forth by [...]
Capco reports strong financial position on back of Covent Garden estate November 15, 2013 Capital and Counties (Capco) has posted strong results this morning, announcing that its Covent Garden estate is on track to achieve £60-65m estimated rental value (ERV) by December 2015. It also said that its achieved significant progress in its £8bn Earls Court development. (Release) Since 30 June, Covent Garden has seen new lettings and renewals [...]
Great Portland joins forces with Hong Kong Monetary Authority November 7, 2013 GREAT Portland has joined forces with Hong Kong’s central bank to develop a scheme that will sit next to Crossrail’s new Bond Street Station. The West End developer said yesterday it will sell properties that form part of Hanover Square in Mayfair to the joint venture fund, GHS Limited Partnership, for £202m. The Hong Kong [...]
What the other papers say this morning – 6 December 2013 December 5, 2013 FINANCIAL TIMES Lew urges race to top on bank reform Jack Lew, the US treasury secretary, warned that US financial reforms aimed at ending the problem of banks that are “too big to fail” would fall short unless international regulators held global banks to the same high standards. The US Federal Deposit Insurance Corporation is [...]
Family homes with a modern twist December 5, 2013 Townhouses are standing tall next to the increasing numbers of towers that are dominating the skyline TOWNHOUSES were once the reserve of London’s nobility, standing tall around the boundaries of the City of London. But as the population rose, so did residential buildings and now it’s not unusual to live 10 or 20 storeys above [...]
Gatwick boss: It’s between me and Heathrow November 26, 2013 GATWICK’S boss yesterday pointed to a growing number of new routes and rising passenger traffic as proof the airport is the best place for an extra runway in the south east of England. Stewart Wingate is “highly confident” that Gatwick will be on the aviation commission’s shortlist for new capacity next month, repeating yesterday his [...]
Australia’s Nine to raise up to $658m in float November 4, 2013 AUSTRALIA’S Nine Entertainment is seeking to raise up to A$697m ($658m) in an initial public offering (IPO), according to its prospectus filed this morning. Nine plans to sell 304.7m new and existing shares through in the float at an indicative price range of A$2.05 to A$2.35 a share, the prospectus said. The float will be [...]
It’s time to embrace the free thinkers who recognise the EU isn’t the future January 15, 2014 GEORGE Orwell would have had the EU’s number. As he memorably noted, “Political language is designed …to give an appearance of solidity to pure wind.” That is just the strategy the EU’s cheerleaders have been using since the start of the euro crisis. Barely a month passes without some European potentate telling us that Brussels [...]