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Property

  • Taylor Wimpey’s order book shrinks amid ‘value over volume’ approach

    April 23, 2024

    Housebuilder Taylor Wimpey has reported a smaller order book and fewer sales so far this year amid "market uncertainty and affordability challenges" as it looks to growth in 2025.

  • What is going on with London house prices? It’s messy, but green shoots are appearing

    April 22, 2024

    After a challenging few years green shoots appear to be emerging in London’s property market. 

  • City of London has ‘record’ office leasing deals allaying hybrid work fears

    April 22, 2024

    The City of London market saw a record 331 office leasing deals in 2023, the joint highest number recorded over the last 10 years, defying concerns the area had experienced a downturn following a rise in hybrid working patterns. 

  • Helical extends London Wework lease amid takeover talks

    April 22, 2024

    Property investment and development company Helical has extended its lease with Wework until June following a decision late last year to remove the struggling hybrid workplace provider after it could no longer pay its rent. 

  • London office property deals abandoned as sellers pin hopes on price recovery

    April 20, 2024

    Abandoned property deals have driven investment volumes in the London office market down in the first quarter of the year, but green shoots are starting to emerge. 

  • Home REIT set to sue former investment manager as shareholders circle

    April 18, 2024

    Home REIT has threatened to sue its former fund manager Alvarium today as it faces its own legal challenge from a group of shareholders who claim to have been misled.

  • Foxtons: ‘Value of homes under offer best since Brexit’

    April 18, 2024

    Estate agent Foxtons said improved market conditions helped drive housing sales revenue by 17 per cent in the first quarter of the year, with the value of homes under offer the best since Brexit. 

  • Shard developer to build new skyscraper next to Walkie Talkie 

    April 18, 2024

    Sellar, which previously developed The Shard, plans to build a £500m, thirty-story tower at 60 Gracechurch street.

  • Workspace Group reports ‘resilient’ customer demand in the fourth quarter

    April 17, 2024

    Flexible office space provider Workspace Group reported resilient customer demand in the fourth quarter ending March 31st, completing 343 new lettings. 

  • House prices fall as rents skyrocket by 9.2 per cent and outstrip wages

    April 17, 2024

    UK house prices fell by the least in eight months when the figure edged down by 0.2 per cent on an annual basis in February, against a 1.3 per cent decline in the previous month, the latest reading from the ONS has found. 

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