Dutch law firm nicknamed ‘the Kremlin office’ cuts ties with Russian government March 3, 2022 A DUTCH law firm, which came to be known as “the Kremlin office” due to the work it carried out on behalf of the Russian government, has cut its links to the Putin regime, in response to Russia’s invasion of Ukraine. Amsterdam headquartered firm Houthoff, which also has offices in the City, also vowed not [...]
Derwent London shrugs off concerns about the commercial property market with new Cushman & Wakefield deal May 9, 2024 Derwent London has seen a rebound in the demand for office space in the capital.
Death of the office? Don’t tell City businesses as leases shoot up in the first quarter April 26, 2022 London’s office market looks fitter and healthier than ever before, according to the two of the UK’s largest property firms, despite the lures of working from home. Take up of office leases in central London shot up 89 per cent year-on-year in the first quarter, CBRE data shared exclusively with City A.M. revealed. City firms [...]
Post Office and British Gas team up to offer free debt advice to those struggling with bills May 23, 2022 The Post Office has teamed up with British Gas to offer direct help to those struggling to pay energy bills amid the cost of living crisis. ‘Stop the Silence Pop-Ups’ will appear during the next three weeks across UK cities, giving people worried about their debts free practical and financial advice. Starting on Monday, the [...]
TfL looks for investment partners to take up office space at Bank, Southwark and Paddington stations May 20, 2022 Transport for London is looking for an investment partner to work on commercial developments at the sites of Bank, Paddington and Southwark stations. In a bid to reduce its reliance on fares for income, TFL is looking to offer commercial office space at the stations which could generate significant revenue. All three sites have either [...]
Exclusive: Salesforce chief says tech firm’s City of London offices are amongst the fullest worldwide April 21, 2022 Salesforce’s London offices are now fuller than almost all of its other offices worldwide, Salesforce’s UK & Ireland head has said to City A.M. Speaking exclusively to this paper, Salesforce UK & Ireland CEO Zahra Bahrololoumi said “Salesforce thrives in city centres,” as she explained the firm is now working to upgrade its offices in [...]
£5bn investment turnover for central London office market since start of 2022 March 23, 2022 Central London’s office market has marked £5bn investment turnover since the start of the year, as confidence in the category returns. Property advisors Knight Frank have revealed a 300 per cent increase in comparison to the first quarter of 2021 when there were transactions worth £1.2bn. There are £5.8bn worth of central London office deals [...]
Hammersmith: Picton snaps up office and retail space for £13.7m as it bets on Olympia redevelopment May 16, 2022 Real estate investment trust Picton has completed a freehold takeover of a mixed-use space in Hammersmith for £13.7m. Charlotte Terrace, on Hammersmith Road, includes four adjoining buildings, with a total of 28,500 sq ft of office space and 4,400q ft of retail space. The office space was redeveloped in 1990 behind a Grade II listed [...]
Royal ruling: Judge finds Mail on Sunday story about Prince Harry’s claim against Home Office is defamatory July 8, 2022 Parts of an article in The Mail on Sunday over the Duke of Sussex’s legal claim against the Home Office were defamatory, a High Court judge has ruled. Harry is suing Associated Newspapers Limited (ANL) after the paper ran a story following the first hearing in the duke’s separate High Court claim over his security [...]
Barclays prepares to name Anna Cross as first female chief financial officer February 21, 2022 Barclays is reportedly lining up Anna Cross as its next chief financial officer, in a positive step for gender diversity in top banking roles