Police called to BBC after man pours petrol on himself outside Broadcasting House June 10, 2015 Update: Police have said the cordon around BBC's Broadcasting House will be lifted within the hour, after dealing with an incident in which a man tried to set himself on fire. Officers were called to the central London premises this morning after the man, who has not been identified, poured petrol on himself in [...]
New London Underground map reveals how much you pay in average rent at every Tube stop on the Piccadilly, Victoria, District, Central, Northern, Bakerloo, Jubilee and Metropolitan line January 18, 2016 A new London Underground map reveals the average (staggering) rent at every Tube stop in London. London’s exorbitant rents are obviously nothing new, but this map clearly lays bare the disparity between different parts of London. A flat by London’s most expensive Tube station will set you back nine times more than the same size [...]
London’s property boom lifts value of Great Portland’s estate May 20, 2015 Great Portland Estates (GPE) yesterday reported an 18 per cent surge in the value of its portfolio over the year, thanks to London’s booming property market. The developer’s net asset value per share rose by 24.6 per cent to 709p over the year to 31 March while profit before tax was up 17.4 per cent [...]
Owning the digital space October 4, 2015 William Railton talks mobile and the future of outdoor ads, with BitPoster’s Aidan Neill FROM billboards to bus stops, the outdoor media market has been more reluctant than other areas of the marketing industry to embrace digitisation. The buying and selling of advertising space had been largely a manual process, with a lot of wasted [...]
Redefine International raises £115m to fund property deal February 16, 2016 Redefine International has raised £115m via a share placing to help fund its £437m acquisition of a portfolio of properties from insurer Aegon's UK Property Fund. The retail and commercial property investor, which is listed in both the UK and South Africa, bought the first tranche of the AUK Portfolio in October for £203.5m using existing cash resources and a [...]
Outdoor retailer Mountain Warehouse eyes £200m IPO after hiring Rothschild January 24, 2016 Mountain Warehouse is eyeing a £200m stock market debut after hiring investment bank Rothschild to explore options for the business. The outdoor clothing and equipment retailer was founded by former management consultant and Oxford physics graduate Mark Neale, who opened his first shop in Swindon in the late 1990s. It now operates 191 stores in [...]
BBC offices evacuated at Broadcasting House and Regent Street cordoned off around Portland Place after brief security alert due to suspicious vehicle December 1, 2015 The are around the BBC's London offices at Portland Place have been cleared after being cordoned off following reports of a suspicious vehicle. Some staff from New Broadcasting House, a short walk from busy Oxford Circus, were evacuates from the area by Police and the area outside cordoned off. Other BBC staff remained in the building, [...]
Great Portland Estates and Aberdeen Asset Management sell £222m Wigmore Street office block April 27, 2015 Great Portland Estates and Aberdeen Asset Management have sold a huge office scheme at 95 Wigmore Street in London’s West End for £222.4m. The Wigmore Partnership, the companies’ joint venture, said yesterday that UBS Global Asset Management’s real estate business has bought 95 Wigmore Street near Bond Street station. The 98,800 square feet office block [...]
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, [...]
London’s Oxford Street is world’s worst place for toxic NO2 pollutant July 7, 2014 Oxford Street has the world's highest concentration of toxic pollutant NO2, according to scientists monitoring the air quality of Britain's busiest high street. David Carslaw, principal air quality scientist at Kings College London, said "to my knowledge this [level] is the highest in the world in terms of both hourly and annual mean. NO2 concentrations [...]