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Property

  • London’s most expensive flat goes on sale for £175m

    April 30, 2024

    Previous buyers in the building have included Kylie Minogue, Tom Cruise and Ukraine’s richest man, Rinat Akhmetov.

  • London to be boosted by £1bn mixed use property development in Blackfriars

    April 30, 2024

    A property developer has been given the green light for a £1bn mixed use office and residential redevelopment at 18 Blackfriars in London.

  • Wework founder Adam Neumann iced out of £359m bankruptcy deal

    April 30, 2024

    Troubled office space provider Wework has unveiled a new plan to absolve itself from bankruptcy, and it does not involve Adam Nueman its founder who was looking to regain control of the business. 

  • Gladman Homes founder increases investment in Henry Boot

    April 30, 2024

    The founder of one of the UK's most active land promoters has further increased his stake in property developer Henry Boot.

  • London rents hit record highs – but price increases are slowing

    April 30, 2024

    Average advertised rents in London are now 5.3 per cent higher than last year, but there are signs that the pace of price increases are slowing, a leading property portal has found. 

  • FTSE 100 today: London markets set to extend record streak on strong global cues

    April 30, 2024

    Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.

  • GPE bolsters flex team as it ups hybrid office space target

    April 29, 2024

    One of the capital’s biggest landlords, GPE has announced the appointment of three new senior  members to its flex office team, as it targets a portfolio of one million sq ft of flexible space in central London. 

  • Supermarket Income REIT expands into Europe after buying stores from French retailer in £64m deal

    April 29, 2024

    Supermarket Income REIT has acquired a portfolio of popular supermarkets in France for €75.3m (£64.4m), reflecting a net initial yield of 6.3 per cent. 

  • Flat owners in London feel the squeeze as service charges balloon

    April 29, 2024

    The average annual service charge on London flats has risen close to 10 per cent over the last 12 months, piling further pressure on cash strapped city dwellers. 

  • London house prices fall on back of rising mortgages and stamp duty

    April 29, 2024

    London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown. 

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