Tag: City of London



Cheesegrater over 75 per cent Let or Under Offer following IT Group Deal

Posted on 1 April, 2015 by Neil Bird under Top Properties

The Leadenhall Building is now 77 per cent let or under offer following the arrival of leading virtual IT systems group IPsoft, British Land and Oxford Properties have announced today. The New York based company has agreed terms on a ten year lease,... Read More

Square Mile poised to become ‘Glittering Billboard’ as Naming Rights Auction begins

Posted on by Neil Bird under Business News, Top Properties

The City of London Corporation has opened the bidding in an auction for the right to brand some of the Square Mile's most iconic buildings. The news follows extensive soul searching by the Corporation which only last autumn blocked a move by... Read More

Canadian Pension Fund acquires 3 Minster Court

Posted on 12 March, 2015 by Cliff Goodwin under Commercial Sales and Lets

A subsidiary of one of Canada’s biggest pension funds has paid more than £170m for a landmark office building in the City of London. Ivanhoé Cambridge — the real estate arm of the Caisse de dépôt et placement du Québec pension fund —... Read More

Axa plans new Pinnacle start following £300 million deal

Posted on 20 February, 2015 by Neil Bird under Commercial Developments

AXA Real Estate plans to begin construction of a replacement for the City of London’s stalled Pinnacle office tower by the end of the year after taking over the contract in a deal reportedly worth £300 million. Developers Lipton Rogers have been... Read More

Land Securities announces purchase of City development site

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

Land Securities has today announced it has unconditionally agreed to purchase the leasehold interest in in a 1.9 acre site in the City of London for £16.5 million. The site, which currently comprises an unoccupied 1970s office building and a TfL... Read More

Delancey in talks over City’s Walbrook Building sale

Posted on 2 February, 2015 by Neil Bird under Commercial Sales and Lets

Delancey has confirmed reports that it is open to offers for The Walbrook Building in the City of London. No prospective buyers have been named at present, with Delancey saying only that they are involved in talks with ‘a select group of global... Read More

British Land and GIC seek planning permission for 100 Liverpool Street Makeover

Posted on 22 January, 2015 by Chris Grigorovsky under Commercial Developments, Top Properties

British Land and GIC have submitted a planning application to refurbish and extend 100 Liverpool Street in the City of London. The proposals will increase its total office and retail space to 515,000 sq ft. The plans, designed by Hopkins Architects,... Read More

City of London chief issues Office Shortage Warning

Posted on 19 January, 2015 by Kirsten Kennedy under Industry News

Last week, London First released research showing that only half of the 50,000 new homes required each year to support the city’s growing population are being constructed. While chairman of the policy and resources committee of the City of London... Read More

British Land’s Broadgate Circle Redevelopment Almost Fully Let

Posted on 18 November, 2014 by Neil Bird under Business News, Commercial Developments, Industry News

British Land, which announced its half year results today, has confirmed that the Broadgate Circle redevelopment is almost fully let ahead of its re-opening in the spring. The City of London destination is undergoing a £20 million revamp to provide... Read More

New Report reveals extent of London’s contribution to Public Finances

Posted on 5 November, 2014 by Neil Bird under Economy

London made a £34 billion net contribution to UK public finances in 2013/14, supporting jobs and growth throughout the UK, a new report reveals. London’s Finances and Revenues report - produced by the Centre for Economics and Business Research... Read More