Focus On… The City: residential is finally taking off in the Square Mile September 5, 2014 When it comes to residential developments, the Square Mile has a bit of an image problem. The ancient financial heart of the City of London has been abuzz with business for 1,000 years and it’s still graced by some of the capital’s most impressive architecture. Around 370,000 people go there to work every day, but [...]
Hello, hello, hello. Who will buy London’s New Scotland Yard for £250m? September 2, 2014 New Scotland Yard has been put up for sale with a price tag of £250m in the biggest shake up of the Metropolitan Police’s estate in more than 50 years. The 1960s office block in Victoria is being sold by the Mayor’s Office for Policing and Crime (MOPAC) as part of a strategy to sell [...]
Co-operative Group sells off farming arm to Wellcome Trust for £249m August 4, 2014 The Co-operative Group continued offloading its non-core assets yesterday with the sale of nearly 16,000 hectares of British farmland, 15 farms and over 100 residential properties to health charity the Wellcome Trust for £249m. The sale comes just three weeks after The Co-op sold its 774-chain pharmacy business for £620m, as the group looks to [...]
10 Soho Square: Bringing glamour back to London’s film land October 3, 2014 It has always been desirable to live off one of London’s garden squares. These traditionally fashionable addresses – such as Chester Square, Hanover Square and Eaton Square – are known in the popular imagination as the homes of the aristocracy and elder statesmen. Eaton Square is probably today’s most illustrious example, but back in the [...]
Bow, Tower Hamlets: All you need to know about London’s new eastern hotspot October 30, 2014 Everyone knows how well Hackney is doing in the property stakes, with house price increases outstripping any other borough in London over the last 12 months. But how about its neighbour Tower Hamlets? As a borough, it’s building more new homes than any other in the country. Bromley-by-Bow, in particular, has been popular with [...]
Luxury in the air at Earl’s Court’s Lillie Square October 20, 2014 The designers behind the north hall of Covent Garden Market and the Met Bar unveiled a new collection of luxury penthouses in Earl’s Court to bring it up to the standard of its illustrious west London neighbours. The penthouses are part of the Lillie Square development, a residential scheme that’s the centrepiece of the regeneration [...]
Londoners selling up for new life in the country boosts Savills August 8, 2014 Londoners swapping life in the capital for a new home in the countryside helped boost sales volumes in the regions and lift profits at property group Savills. The company said a recovery in the markets outside of London helped lift sales volumes by 20 per cent in the first half of the year compared to [...]
City closes in on prime West End property values August 31, 2014 HOUSE values in the City of London are catching up with the West End, while Dockland prices are suffering because of oversupply, research shows. Analysis from high-end real estate agent Beauchamp Estates reveals the average price of new or second-hand properties in the City has climbed to £739,546 for the last 12 months, compared to [...]
Gerald Ronson sells Heron Plaza site to Singapore’s UOL for £97m August 13, 2014 SINGAPOREAN property group UOL has made its first foray into Europe after buying Gerald Ronson’s Heron Plaza development site in the City for £93m. The property tycoon won planning consent in 2011 to build a 43-storey Four Seasons hotel and residential complex next to the Heron Tower on Bishopsgate. His firm Heron International was originally [...]
London’s empire state of mind: New York warehouse conversion inspiration comes to Islington, Clapham, Stratford and Wapping October 30, 2014 Globalisation, it seems, is not only changing our work, life and shopping habits, it’s also changing our living arrangements. Industrial warehouse conversions, originally found in the meat-packing districts of New York, have crossed the Atlantic and found a new popularity on our shores. Old textile factories in north east London in particular have become [...]