The Singapore-based property group United Overseas Land (UOL) has made its first European investment with the acquisition of a landmark London hotel site. It paid £97m for Gerald Ronson’s Heron Plaza development in the City. The property tycoon was... Read More
With the rise of the discounters still firmly a factor within the retail industry, supermarket chains such as Tesco, Sainsbury’s and Asda are facing increasing pressure to compete on price. However, this battle may become slightly more difficult in the near... Read More
A prime London site that has lain dormant for more than a decade looks set to get new high-rise development at the third attempt. The first application to build on the site at 20 Blackfriars was submitted in 2002 but knocked back after a public... Read More
A state-owned Chinese insurance company is involved in discussions to buy the headquarters of the Clifford Chance law firm. This development is further evidence that London's commercial property market is firing on all cylinders. Funds controlled by... Read More
While in many areas of the country the recovery of the retail market remains slow, it seems there has been a boom in demand in the capital, with recent research from property consultancy Knight Frank revealing several major streets in Central London have... Read More
Legal and General is selling the London headquarters of one of the world’s oldest and most exclusive banks — just two months after acquiring its Strand offices in a £550m property portfolio deal. The sale of the Coutts & Co building at 440... Read More
London is one of the most popular tourist destinations in the world with its wealth of attractions drawing record-breaking numbers of visitors to the capital. However, as well as the culture, history and architecture, tourists are also drawn by the plethora... Read More
Office construction in the capital has fallen by 5 per cent over the last six months according to Deloitte’s latest London Crane Survey. The survey records only 15 new starts – the lowest number since 2010 – and there is very little development in the... Read More
But visitor numbers fall below expectations The Shard may not be fully let but, according to figures filed with Companies House, the operators of the building’s 800 ft high viewing platform made a pre-tax profit during 2013. The figures cover the... Read More
Our New Year’s Eve Highlights So another year’s over and it’s time to say goodbye to 2012 and hello to 2013.... Read More
