We profile five young developers that are shaking up the UK property industry February 25, 2016 The free-thinking “millennial generation” could be our most entrepreneurial age group. Having pushed the boundaries of communications and technology, many are now challenging traditional businesses, including property development, and are making a significant mark. They may be young, but the self confidence and business sense of the five developers profiled here has helped them deliver [...]
It’s not just the TfL Tube strike: First Great Western 24 hour rail strike begins August 23, 2015 It's not just the London Underground that has endured stoppages due to strike action. Train services across Britain face disruption today, after workers from First Great Western walked out for 24 hours from midnight. First Great Western runs services between London Paddington, south Wales, the Cotswolds, the Thames Valley region and the West of England. [...]
Uber consultation: Why everyone should calm down over Transport for London’s minicab proposals October 7, 2015 When TfL announced a timely and entirely appropriate review of the regulations governing London's Private Hire Vehicles (minicabs to you and me) both the headline writers and spin doctors went into overdrive. Uber faces massive crackdown in London and Uber under threat in London we read. Uber's lavishly resourced communications team swung into action, ludicrously describing the proposals [...]
The HS2 debate is over: It’s time to embrace the benefits July 19, 2015 One of the consequences of this year’s General Election is that HS2, the high-speed line from London to the Midlands and the North, is now almost certain to happen. The immediate challenge for London business is to take advantage of the huge opportunities it provides for regeneration and development in west London, where a new [...]
Royal Mail sells Paddington site for £111m October 14, 2014 ROYAL MAIL, led by Moya Greene (pictured above), has sold its mail centre at Paddington to Singaporean property firm Great Western Developments for £111m. The first site to be sold off since the group floated, it will be remodelled into luxury homes, hopefully larger than stamps.
Piccadilly Tube and Heathrow Express train lines around airport knocked out by power surge August 4, 2015 Update: The chaos caused by this morning's power cut at Heathrow is still creating major headaches for travellers coming in and out of the airport today. As well as causing major disruption to both Tube and train services into Heathrow Airport, passengers flying from Terminal Five have now been told their bags may not [...]
British Land grabs a £210m site April 14, 2015 BRITISH Land has added to its huge swathe of property in Paddington after buying Visa Europe’s headquarters for £210m. The UK’s second biggest listed landlord said yesterday it has acquired One Sheldon Square at Paddington Central from Malaysia’s Employees Provident Fund. Paddington Central is a vast 11 acre campus comprising offices, restaurants and shops close [...]
Crossrail: These amazing pictures show what is going on under your feet at Liverpool Street, Bond Street, Tottenham Court Road, Whitechapel and Paddington December 5, 2014 From above ground Crossrail is little more than an annoying eyesore you have to navigate around. But as with the Wombles, it's so much better underground, and here are the pictures to prove it. Crossrail under Bond Street Crossrail has today revealed these amazing pictures to show how far through the project it [...]
Where is the best place in London to buy property? Bayswater, Paddington and Queensway the new housing hot spot, says Knight Frank November 20, 2014 Property investors looking for the next hot spot should pay attention. Knight Frank has identified the next up-and-coming part of London, and it's really central. W2 – specifically Bayswater, Paddington and Queensway – has “arguably the strongest development and regeneration potential of any prime central London residential market,” according to Knight Frank's head [...]
British Land raises £350m via bond issue June 2, 2015 BRITISH Land, one of the UK’s biggest developers, has launched a £350m convertible bond. The senior, unsecured convertible bond, due in 2020, will be used to fund the company’s acquisition of two central London properties and future spending. British Land splashed £210m on increasing its ownership of One Sheldon Square in Paddington in April, and [...]