Tag: City of London



Pricoa Mortgage Capital provides £181.5 million Refinancing for 99 Bishopsgate

Pricoa mortgage capital provides £181.5 million refinancing for 99 bishopsgate
Posted on 14 October, 2015 by Neil Bird under Business News

Pricoa Mortgage Capital has closed a £181.5 million refinancing deal for the City of London office tower 99 Bishopsgate. The ten-year fixed rate loan is secured by the 340,000 sq ft, 26-storey building, and was completed over the summer. 99... Read More

City and West End Markets enjoy a Busy Late Summer

Posted on 27 September, 2015 by Jodee Redmond under Commercial Sales and Lets

August is traditionally a quiet month for leasing activity. However, according to data from BNP Paribas, take-up in the City of London office market was surprisingly high, totalling an impressive 660,000 sq ft across 37 deals. This brings the total take-up... Read More

Cornerstone fully lets City of London asset

Posted on 19 August, 2015 by Chris Grigorovsky under Industry News

Cornerstone Real Estate Advisers, which yesterday confirmed two senior appointments, has today announced it has fully let 40 Gracechurch Street in the City of London. The achievement was reached after Hampden Capital, the largest Lloyd’s members’... Read More

Cheesegrater nearly 90 per cent let following DRW Deal

Posted on 17 July, 2015 by Neil Bird under Top Properties

British Land and Oxford Properties have announced that the Leadenhall Building is nearly 90 per cent let or under offer following the latest lease agreement with DRW Trading Group (DRW). Chicago based DRW, which has offices in New York, San Francisco,... Read More

AEW Europe acquires Listed City Office Building

Posted on 16 July, 2015 by Neil Bird under Commercial Sales and Lets

AEW Europe has acquired St Clement’s House EC4 in a £25 million purchase on behalf of its Europe Value Investors Fund (EVI). The price of the off market transaction reflects a capital value of £580 per sq ft and is the third City of London asset... Read More

Is the City about to get a new Mega Tower?

Posted on 6 July, 2015 by Chris Grigorovsky under Commercial Developments

Plans for the Square Mile’s tallest skyscraper have been submitted to the City of London Corporation, according to the Telegraph. At 997ft, the proposed office tower will fall just short of The Shard in terms of its height, making it the second tallest... Read More

LaSalle buys 60 London Wall

Posted on 29 June, 2015 by Neil Bird under Commercial Sales and Lets

LaSalle Investment Management has purchased the freehold interest in 60 London Wall on behalf of an overseas client. The confirmation of the acquisition comes in a joint statement from LaSalle and the vendor Deutsche Fonds Holding AG. The global real... Read More

High Rise Buildings should be for Commercial Use says former City Planning Chief

Posted on 19 June, 2015 by Neil Bird under Commercial Developments

The City of London’s former planning officer has taken a sideswipe against the rash of residential towers going up in the capital, by stressing that tall buildings should be primarily for commercial use. In the week that AXA unveiled its vision for... Read More

Ivanhoé Cambridge completes third City of London acquisition in Six Months

Posted on 6 May, 2015 by Neil Bird under Commercial Sales and Lets

Ivanhoé Cambridge has completed its third City of London acquisition in the past six months, following the announcement that it has paid an undisclosed seller around £130 million for 21 Lombard Street. 21 Lombard Street is a prestigious building just... Read More

Cheapside becomes first City of London Business Improvement District

Posted on 15 April, 2015 by Neil Bird under Business News

Cheapside businesses have voted overwhelmingly to establish the City of London’s first Business Improvement District (BID) with 84 per cent of voters endorsing the proposal. As the private sector is asked to play a greater role in the public sphere,... Read More