City Moves for 17 November 2016 | Who’s switching jobs November 17, 2016 CBRE CBRE, the world's leading real estate adviser, has appointed Lorraine Hughes as a senior director in the UK planning team, based in London. Lorraine joins the firm from Turley. Lorraine specialises in providing commercial planning advice on large and complex central London projects. She has extensive experience advising both private and public sector clients [...]
Focus On Victoria: A £4bn investment in housing, retail and infrastructure is making it a destination in its own right February 10, 2017 If the Queen’s getting a £369m refurbishment of Buckingham Palace, it seems only fair that the neighbourhood surrounding it should get a polish, too. £4bn should just about cover it, and that’s how much has been invested in the area by developer Land Securities over the last five years. Around £700bn of that has gone [...]
Focus On Lewisham: Historically undervalued, Lewisham is undergoing a major upgrade November 17, 2016 It may surprise you to learn that Lewisham, that underloved pocket of South East London, is one of the fastest growing boroughs in the capital. Since the arrival of its DLR station and the rise of Canary Wharf – a wealthy neighbour where employment has quadrupled in the last 10 years – it’s become an increasingly [...]
London tech startup and Visa partner on blockchain – and want banks’ help September 1, 2016 A London-based blockchain startup has partnered with pay giant Visa and will start testing the technology to make cross-border payments. It's the latest collaboration between an established financial services firm and a startup to experiment with the distributed ledger technology which experts believe could reduce costs and speed up transactions. Read more: These big banks are [...]
The tallest residential skyscraper in Western Europe is coming to London Docklands – this is what it will look like September 5, 2016 Londoners will soon get the chance to live in Western Europe's tallest residential skyscraper. The £800m tower, set for London Docklands, is being built by Chinese firm Greenland Group and will be 67 storeys tall, housing 861 apartments. But don't worry – getting to the top won't take long. There will be nine lifts travelling between floors at [...]
SocGen sells Tower Hill office to Hong Kong-listed property developer September 5, 2016 Societe Generale has sold its Tower Hill premises to a Hong Kong-listed property developer, SRE Group. The sale for around £84.5m in cash of the nine-storey office building and linked five-storey car park was formally agreed last Friday but was not reported until today. According to the fine print of the deal, the sale of the building will complete [...]
Business travelers fork out more to stay near the City, study shows October 4, 2016 Business travelers were still prepared to pay more to stay near Canary Wharf and the Square Mile despite increased uncertainty ahead of the EU referendum. A bi-annual report by HRG — the global travel company — showed that average room rates for business travelers leapt in the Docklands and the City by 6.9 per cent [...]
Spectre: No slowing down for the new James Bond movies’s marketing bandwagon October 28, 2015 So the new Bond film has been out for a few days now, but there’s no slowing down for the enthusiasm of London’s PRs and small businesses. Venues and companies big and small are attempting to cash in on Bond-mania while some poor souls in the City have yet to see the film. The good people [...]
The tech revolution – not Brexit – will reshape the face of London December 16, 2016 London's office market will change more in the next five years than in the 15 years since the 2001 dot-com crash, as a combination of factors much bigger than Britain’s exit from the EU come into play across the capital. While there has been so much discussion on the future of London’s banking cluster since [...]
Canary Wharf Group expands Level39 tech startup space for fintech, retail and smart city entrepreneurs January 19, 2015 Canary Wharf’s tech startup space, Level 39, is taking on additional space at One Canada Square to house entrepreneurs focused on developing technology in the fintech, retail and smart city sector. Accenture’s 2015 Fintech Innovation Lab is the first to be housed in the new space and will be joined by another 36 companies taking [...]