Snakes and Ladders: Who is moving jobs in the City this week? January 6, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Aberdeen Asset Management co-founder joins investment consultancy board Former Aberdeen Asset Management chief executive and co-founder Martin Gilbert has been appointed as deputy chairman of investment consultancy firm River and Mercantile Group. [...]
Canary Wharf redevelopment gets green light as landlords seek Covid-friendly offices December 1, 2020 Redevelopment plans for a Canary Wharf office block have been given the green light, as property owners seek to capitalise on demand for Covid-19 secure office space. Real estate asset management firm Quadrant and funds managed by Oaktree Capital Management have secured planning permission to redesign 30 South Colonnade in the east London financial district. [...]
London set for major new music venue after £1.3bn Olympia revamp December 1, 2020 London’s music scene will be given a much-needed boost with the launch of a major new music venue as part of a £1.3bn overhaul of the Olympia exhibition centre. The iconic west London site, which first opened its doors in 1886, has played host to some of the biggest names in pop and rock, including [...]
Snakes and Ladders: Who is moving jobs in the City this week? November 18, 2020 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Firms are continuing to adapt to the challenges and opportunities presented by the pandemic as they vie to be in prime position to recover from the economic fallout of the crisis. This week, [...]
Snakes and Ladders: Who is moving jobs in the City this week? November 11, 2020 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Firms are continuing to adapt to the challenges and opportunities presented by the pandemic as they vie to be in prime position to recover from the economic fallout of the crisis. Read more: Snakes [...]
John Lewis mulls cutting Oxford Street flagship store space by 40 per cent September 16, 2020 John Lewis is reportedly preparing to slash the size of its flagship Oxford Street department store due to a steep drop in West End footfall during the coronavirus pandemic. The retailer has applied to Westminster council to allow it to reduce its trading space by up to 40 per cent, while the third, fourth and [...]
FCA proposes 180-day wait for property fund withdrawals August 3, 2020 The City regulator is planning to ask investors in open-ended property funds to give 180-day notice before they withdraw money. In a consultation paper released today, the Financial Conduct Authority said there was a “liquidity mismatch” between the underlying property held in the funds and the almost daily basis in which investors buy and sell [...]
Build it better: A game-changing new approach to construction procurement June 5, 2020 For many years — decades, in fact — reviews of the construction sector have cried out for reform. Architects, engineers, clients and contractors have been tied into procurement models that are too adversarial and do not always have the best interest of the project at heart. Some reforms did happen — but none so significant [...]
Central London office take-up plummets as employees work from home May 27, 2020 The amount of central London office space leased in the first quarter of the year plunged as employees began working from home and the UK entered its coronavirus lockdown. Office space leased in the capital between January and March reached 2.7m sq ft, down 30 per cent on the previous quarter. The government introduced a [...]
Westminster approves £150m Cavendish Square health hub underneath Oxford Street April 29, 2020 Developers have today been given the green light for a £150m plan to transform Cavendish Square into a subterranean health and wellness hub. Property firm Reef Group has outlined proposals to turn a 1960s car park below the Georgian square in the West End into specialist facilities for the healthcare sector, as well as premium [...]