Brookfield wins race to land deal for Center Parcs June 2, 2015 CANADIAN investment giant Brookfield yesterday won a hotly contested race to buy UK holiday parks operator Center Parcs from private equity firm Blackstone in a deal worth about £2.4bn. Brookfield, which also bought Canary Wharf’s owner alongside Qatari Investment Authority earlier this year, will take control of five resorts operated by Center Parcs across the [...]
Business hub London creates property boom September 25, 2014 PROPERTY FIRM of the year As London prices continue to rise, defying fears that the bubble is about to burst, property companies have seen a period of huge growth. Our shortlist, which was very tough to choose, includes companies such as the Berkeley Group and Workspace, which have seen their profits soar in the past [...]
We will never shy away from celebrating risk, hard work and reward – The City View September 6, 2015 The idea of launching a new, free newspaper was born from a belief that London and the City are unique, and that the people who work in the heart of our nation's economy deserve a paper that understands, informs, challenges and celebrates them. Ten years ago this week, the first editions of City A.M. [...]
Watch: Leaf’s-eye-view of a tree being hoisted to the top of the Walkie Talkie September 18, 2014 Skyscrapers may be complex to build, but what about getting the furniture into them? You can usually squeeze a sofa into the lift – but a full-grown tree requires rather more specialist equipment. The video below gives a leaf's-eye-view of the process involved in hoisting a palm tree into the top floors of the Walkie [...]
Calling first-time buyers to Telegraph Works, Greenwich: The historic transatlantic cable factory being turned into new homes July 9, 2015 A CGI of the building. Apartments from £300,000 A little-known factory that sits near the Greenwich Docks once played an instrumental role in US-UK relations. Now developers are hoping it’ll establish a new relationship between this neglected former industrial site and first-time buyers in London. Around £120m has been invested to build 272 [...]
Don’t get blue – get into The Grays: New homes in the legal heart of London July 23, 2015 What do you call the area between St Paul’s and Oxford Street? Holborn? An extension of Clerkenwell? Or simply the legal heart of London? Well, estate agents and developers have other ideas that involve turning this Zone One no man’s land into a residential hotspot. The name they’ve chosen for the area is “Midtown”, which [...]
Canary Wharf’s shopping malls boost Songbird Estates September 18, 2014 Songbird Estates, the listed property giant behind London’s Canary Wharf Group, said the value of its shopping centres had reached a record £1bn in the first half of the year as the company pushed ahead with a new mall above its planned Crossrail station. The company is building 115,000 square feet of retail [...]
Brookfield: Center Parcs’ next big owner May 31, 2015 Family favourite Center Parcs looks set to change owners, with Brookfield interested in snapping it up Adventure holidays are very big business. Family-friendly Center Parcs runs five sites around the UK, and made profits of £147m last year. And its sustained success attracts the very biggest investors. Private equity group Blackstone is selling the group, [...]
Everyman in £20m cinema buyout splurge with London screens in Gerrards Cross, Esher, Muswell Hill and Barnet April 20, 2015 Everyman Media Group raised £20m in a share placing yesterday, announcing it had successfully tapped up investors for funds to buy more cinemas. The group, which is listed on the Alternative Investment Market (Aim), is buying four cinemas across London, with a total of 14 screens. As a result, the group will increase the [...]
Clipper Wharf: Luxury flats at former News International HQ and offices of News of the World in Wapping go on sale with million pound price tags April 16, 2015 Flats on the site of "fortress Wapping", the former headquarters of Rupert Murdoch's News International, which was home to newspapers the Sun, Times and the now-defunct News of The World, are about to go on the market. Developers are preparing to put the million-pound flats at Clipper Wharf up for sale, three years after the media [...]