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
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 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
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 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
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 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
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 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 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
