Tag: London

Land Securities Signs A Further 70,000 sq ft Of Lettings At New Ludgate

Posted on 7 August, 2015 by Cliff Goodwin under Commercial Sales and Lets

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

UKCPT raises over £80 million from Duel Retail Disposal

Posted on 9 June, 2015 by Kirsten Kennedy under Commercial Sales and Lets

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

London portfolio delivers for Helical Bar

Posted on 28 May, 2015 by Kirsten Kennedy under Business News

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

London Office Demand will create ‘tension’ for Occupiers says Report

Posted on 27 May, 2015 by Kirsten Kennedy under Business News

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 completes Flagship West End acquisition

Posted on 22 May, 2015 by Cliff Goodwin under Commercial Sales and Lets

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

Booming London Economy drives growth for Great Portland Estates

Posted on 21 May, 2015 by Kirsten Kennedy under Business News

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 seeks Locations for London debut

Posted on 20 May, 2015 by Kirsten Kennedy under Business News

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’s Marble Arch House Now 80 Per Cent Let

Posted on 8 May, 2015 by Cliff Goodwin under Top Properties

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

Bellway begins Nine Elms scheme

Posted on 20 March, 2015 by Chris Grigorovsky under Commercial Developments

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

Act now to reap Crossrail benefits says Land Securities

Posted on 17 March, 2015 by Chris Grigorovsky under Industry News

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