Land Securities has secured three new lettings at its landmark New Ludgate development — taking the central London scheme to 92 per cent full. New Ludgate is made up of two distinct buildings, One and Two New Ludgate, and was completed in April. The... Read More
Guernsey based UK Commercial Property Trust (UKCPT) has disposed of 176-206 Kensington High Street and a retail asset in Brighton for a combined sum of over £80 million. The Kensington asset, comprising 57,000 sq ft of ground floor retail space and... Read More
The growth of the London commercial property market has provided a boost for Helical Bar, which today released results showing that, in the year to the 31st of March, the value of the firm’s portfolio rose to over £1 billion. Although pre-tax... Read More
A new report from CBRE, estimates that an additional 5.1 million sq ft of office space will be required for professional services firms in London by 2019. This, the report says, will create a tension between rising property costs, competition to attract... Read More
Stenprop has paid £75m for a prestige office building in the heart of London’s West End. The 65,000 sq ft block was purchased as 50-50 joint venture with an un-named partner. In a statement confirming the 25 Argyll Street acquisition, situated... Read More
Great Portland Estates’ annual results, which were released yesterday, show strong capital growth from its Central London portfolio. The results were driven by a combination of rental growth and development surpluses, which have seen the value of the... Read More
Global chocolate café phenomenon dip ‘n dip has chosen London as its next expansion target, and executives have already appointed property consultants to source central locations. Following the celebration of the brand’s sixth birthday in... Read More
British Land (BL) has just one remaining floor to let at its rebuilt Marble Arch House in central London — with two recent lettings taking the prestige scheme to 80 per cent complete. In 2011, the publicly listed real estate company teamed up with... Read More
Work has begun at Bellway Homes Thames Gateway Division’s mixed-use development, The Residence, in London's Nine Elms district. The firm recently completed the demolition of Christie's Auctioneers Storage Facilities which will now be replaced with two... Read More
According to Robert Hume, Development Director at Land Securities, when Crossrail makes its appearance in 2018, it will reshape London's transport, real estate and retail landscapes. In terms of commercial property, the introduction of Crossrail will be a... Read More