Landsec becomes latest property giant to muscle in on flexible workspace market January 22, 2019 Landsec has become the latest major developer to launch its own flexible workspace brand, joining property rivals hoping to tap into the growing demand for shorter leases and co-working offices. In a bid to rival the likes of commercial property disruptors such as WeWork, the blue-chip firm revealed today its plans to set up a new [...]
Take-up of London office space rises as 2018 ends with a ‘bang’ January 21, 2019 Take-up of office space in London soared in the final quarter of 2018, rounding off a year of bumper demand for the capital’s commercial property market. New figures from CBRE show that take-up in Central London for the fourth quarter of 2018 was 3.9m square feet (sq ft), marking a quarterly increase of 13 per [...]
UK households downbeat over finances despite slowing growth in living costs January 21, 2019 Living costs have risen at the slowest rate in three years this month, however UK households remained downbeat due to concerns over job security, lower cash availability and pessimism over the UK housing market. The Household Finance Index, which measures household's perceptions of financial wellbeing, increased in January to a three-month high of 44.8 but [...]
London needs micro-homes to solve the housing crisis January 21, 2019 Size doesn’t matter. When it comes to property at least, it’s all about location, location, location. Everyday, thousands of city workers (yes, I’m talking about you) are forced into excruciatingly long commutes from the outskirts of London, because living in the city centre – and, frankly, most of the capital – is simply unaffordable. Micro-housing would [...]
London house prices fell 1.5 per cent in December as Brexit bites January 21, 2019 The average asking price for London houses fell 1.5 per cent in December compared to the previous month as Brexit uncertainty continued to dampen the capital’s property market, according to figures released today. Figures from the latest Rightmove House Price Index showed the average asking price for a London home is now just under £594,000. [...]
London office transactions hit highest level since 2014 January 21, 2019 Central London office investment transactions in 2018 hit £17.6bn, a 10 per cent rise on 2017 and the highest level since 2014. According to real estate firm CBRE, there was £5bn of investment transactions in the fourth quarter of 2018, which marked a 16 per cent rise in investment volumes compared to the third quarter [...]
Mary, Queen of Scots review: An excellent, if factually wild, exercise in historical empathy January 18, 2019 Trailing the petticoats of Oscar contender The Favourite is another female-centric period drama about the notorious feud between Elizabeth I and Mary Stuart. Though this film is far more serious and conventional than its competition, it’s also clearly angled at awards season. Its contenders, Margot Robbie as Elizabeth and Saoirse Ronan as Mary, are undeniably [...]
Interiors: The new show apartments in the former BBC Television Centre are a lesson in how to do 70s retro decor well January 18, 2019 If you have fond memories of Saturday morning TV in the 1970s – Multi-Coloured Swap Shop and its gaggle of pop-tastic guests trailing in and out of Television Centre – then you’ll be excited to visit the Grade II-listed BBC building in White City, which has been restored and reopened as a smorgasboard of homes, [...]
Opinion: Property raffles are 500 times easier to win than the EuroMillions but they’re not going to go mainstream until they’re transparent January 18, 2019 Property raffles have certainly generated national media column inches over the past few years. There has been a huge buzz around the concept and it’s easy to see why – the thought of owning a multi-million pound home for the small cost of a ticket could turn an ordinary person struggling to get a foot [...]
Focus On Peckham: The ‘hipster capital of south London’ saw impressive house price growth last year January 18, 2019 They say that if you want to spot the next up-and-coming property hotspot, all you have to do is follow the artists. That’s certainly been true of Shoreditch, the hub of the Young British Artists movement in the 1990s. Anyone that bought on the outskirts of the City 20 years ago is chuckling all the [...]