Vistry launches buyback as revenue boosted by affordable housing push March 14, 2024 Vistry has reported a rise in revenue during the full year as its transition to affordable housing appears to be paying off.
High-end estate agent Savills blames interest rates for profit crash March 14, 2024 Commercial and residential estate agent Savills made a loss during the full year, as rising interest rates hindered activity.
Persimmon braces for ‘challenging year’ as company reports huge drop in house completions March 12, 2024 House builder Persimmon expects 2024 to be another “challenging year,” as elevated interest rates are continuing to bruise the sector.
Gulf billionaire buys former London Park Street embassy for £25m (it was worth £10.6m in 2012) March 11, 2024 A Middle Eastern billionaire has bought the former Cyprus Embassy turned mansion in London’s Park Lane for £25m.
London Waterloo could look very different if new masterplan goes ahead March 11, 2024 Long term plans to transform Waterloo Station have been unveiled today, in fresh efforts to improve connections with South Bank and the rest of the capital.
Will Hunt’s tax changes push non-doms out of London? March 11, 2024 Non-doms, or non-domiciles, are people who live in the UK and pay tax on UK earnings whilst maintaining a primary home overseas.
British Land crowns former Lazard man as chair March 11, 2024 Property giant British Land has appointed banking veteran William Rucker as its new chair, replacing Tim Score.
Morgan Stanley to stay in Canary Wharf in boost to struggling banking district March 10, 2024 Morgan Stanley has decided to retain its flagship Canary Wharf office in a major boost for the struggling financial district.
The government’s levelling up cash for Canary Wharf is a step in the right direction for London March 9, 2024 A taxpayer loan of over £118m being handed to Canary Wharf to help elevate its life science offering and build news homes has inevitably raised some eyebrows across London.
London’s wealthiest renters can now pay with cryptocurrency March 9, 2024 Some of London’s richest tenants are now paying their rent in cryptocurrency.