This was the biggest City office deal in the last quarter August 4, 2016 Amazon made the biggest office deal in the City in the last quarter, taking 47,101 sq ft of space in Beaufort House. Research from BNP Paribas Real Estate showed Amazon made the biggest City move in a period when lease length fell from 9.5 years to 7.8 years as occupiers sought more flexibility. Read more: Westfield Stratford set [...]
The Brain behind Brainlabs: Dan Gilbert talks robots, advertising, and the merits of being positive November 27, 2017 “Did you know Dan used to be a comedian?” asks Pepper, Brainlabs’ humanoid secretary, head pivoting quizzically like a confused marionette as I arrive at Old Street. “He wasn’t very funny,” it chuckles, dancing a noisy jig before offering me coffee. For the easily amused, such as myself, Pepper is priceless. As my inner child [...]
Enclothed online stylist review: get someone with better taste than you to post new clothes to your house December 1, 2016 I’m the kind of shopper who ensures menswear will always remain relatively more expensive than womenswear. I don’t enjoy the experience, and therefore do it as little as possible. Once or twice a year, I realise I have nothing seasonally appropriate that wouldn’t cause embarrassment in our office full of hip young gunslingers, and force [...]
BHS to leave Oxford Street flagship store September 9, 2015 It could soon be the end of an era for BHS as the ailing department chain's new owners move closer to a deal that could see it leave its Oxford Street flagship altogether. Retail Acquisitions, a consortium comprising an eclectic mix of investors including former racing driver Dominic Chappell, is in talks to sell the [...]
British Land says investors will be cautious after the Brexit vote July 18, 2016 FTSE 100-listed commercial property giant British Land said this morning it expects investors and occupiers to take a cautious approach to property in the aftermath of the Brexit vote. The figures Since the EU referendum vote, British Land has secured the sale of Debenhams' Oxford Street store for £400m and the company has made 17 long-term retail leases totaling 58,000 sq ft, for [...]
Sports Direct was selling Louboutin heels online this weekend – but they’ve been taken off the website October 4, 2016 Budget sports retailer Sports Direct moved into uncharted territory this weekend as it started selling Christian Louboutin heels. Sports Direct is known for its discount tracksuits and, most recently, for not paying its workers the minimum wage. Read more: Sports Direct shares jump as Mike Ashley takes control But now it appears the company wants to [...]
The 17 London Underground stations facing severe overcrowding by the early 2030s if Crossrail 2 gets derailed include Clapham Common, Waterloo, Victoria and London Bridge | City A.M. July 18, 2017 Transport for London (TfL) has named the 17 London Underground stations set to face chronic overcrowding and measures such as regular closures and one-way systems by the 2030s, should Crossrail 2 fail to go ahead. Read more: These are the UK’s 12 most pressing infrastructure projects In the business case for the £31bn rail project, [...]
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 [...]
Aberdeen property fund is open for business again July 13, 2016 Aberdeen has re-opened its property fund, after it suspended trading due to heavy outflows, draining the fund's cash reserves. The fund was one of six that closed after investors scrambled to get their cash back due to uncertainty about UK property after the Brexit vote. Read more: Property fund to sell Oxford Street property to meet [...]
JD Sports plans takeover of rival retailer Go Outdoors as Sports Direct flounders August 21, 2016 High street retailer JD Sports Fashion is exploring a takeover of Go Outdoors in a bid to expand its dominance in fitness clothing. According to Sky News, JD Sports is one of several bidders looking to make an offer for Go Outdoors, which is being sold in an auction run by KPMG. JD Sports – which [...]