Westminster City Council has approved the revamped plans for the £500m-plus redevelopment of Marble Arch Tower. The original design - by Walkie Talkie architect Rafael Viñoly - was rejected because it did not contain enough office space. Permission... Read More
The huge demand for commercial property is extremely good news for London’s market, yet often the squeeze for space is coming at the expense of smaller independent retailers and leisure operators. This has been the case in the city’s restaurant sector,... Read More
With a booming commercial property market and high levels of demand from international investors, London is one of the top business destinations in the world. However, when it comes to sustainability, the UK capital remains second best, as German “green... Read More
The building housing one of London's longest standing attractions is being offered for sale. Property entrepreneur, Nick Leslau, is asking at least £300m for the Marylebone Road premises occupied by Madame Tussauds wax museum since 1884. The... Read More
According to Savills, the international real estate advisers, US and Chinese investors will play a big part in the London commercial property market in 2015. This is in line with reports that last year, China invested more than all European buyers... Read More
The joint venture between Legal & General Capital (L&G) and Dutch eco-pension fund manager PGGM has made its first partnership investment with the purchase of a central London property for £67m. With a launch war chest of £375m, the London... Read More
London’s Haymarket Hotel has been named the best in the UK. The Piccadilly hotel beat off hundreds of rivals to gain the accolade in the TripAdvisor Travellers’ Choice Awards. It also scooped seventh place in the European top hotels category and 20th in... Read More
The Home Office is paying more than £12.5m a year in business rates on its London headquarters, according to Valuation Office Agency (VOA) figures. The Ministry of Defence also earns a place in the capital's top ten rate payers. The remaining eight... Read More
With space on the surface in London becoming increasingly limited, developers are beginning to seek opportunities beneath the hustle and bustle of the city’s streets. This has seen investors come forward to redevelop unused tube stations, commuter train... Read More
According to the 2014 International Construction Costs Report, the cost of construction within Central London is the highest in the world. Construction consultant Arcadis has compared building costs in a total of 43 countries and discovered that the... Read More
