SHARD’S LITTLE SISTER IS COMPLETED June 20, 2012 THE 17-storey new building that will live in the shadow of The Shard has been officially topped out – the term given when the last beam or brick of a new building is laid. The Place – developed by Sellar Property Group on behalf of the London Bridge Quarter – is a 600,000 sq ft office [...]
THE SHARD CLOSE TO SIGNING ITS FIRST TWO TENANTS May 28, 2012 The Shard, Europe’s tallest building, is said to be close to clinching its first two office tenants, in deals likely to involve two whole floors of the 1,017 ft tower. US management consultant AT Kearney and an unnamed Middle Eastern bank have been linked to Irvine Sellar’s iconic tower in London Bridge.
Putting lunch on Barclaycard May 28, 2012 IF you’re feeling peckish today then head over to Canary Wharf, Liverpool Street or Oxford Circus. A free lunch – yes, it really is free, according to organiser Barclaycard – is being laid on for 10,000 Londoners to mark the wider launch of PayTag, the contactless way to pay. PayTag is an extension of a [...]
House prices in the capital are detached by location May 20, 2012 London’s property market is outperforming but some boroughs are well off the pace LONDON Neither London, nor England and Wales, have returned to their 2008 peaks – but London is close. From March 2009, prices have grown 16 per cent in London compared to 6 per cent in England and Wales as a whole. However, [...]
Land Securities says Eurozone crisis denting London office sales May 16, 2012 Land Securities, the biggest listed British property developer, said demand for office space in London was lower than expected due to the worsening turmoil in the Eurozone. The joint developer of the Walkie Talkie skyscraper in the City of London financial district said on Wednesday firms were delaying moves due to economic uncertainty. “We remain [...]
Jones Lang LaSalle beats profit hopes May 1, 2012 JONES Lang LaSalle, one of the world’s biggest real estate services companies, last night reported net earnings that easily beat Wall Street’s forecast. The US-listed firm, which is among the agents acting for the Shard skyscraper, said first-quarter net income surged to $14m (£8.6m), compared to $1.5m a year ago, during a traditionally quiet season [...]
Walkie Talkie takes a big step forward April 24, 2012 THE CONSTRUCTION of 20, Fenchurch Street, known as the Walkie Talkie, moved forward this week with the installation of the first of 4,5000 steel sections that will make up the building’s base. The Land Securities and Canary Wharf Group development is set to complete in 2014, providing 675,000 square feet of office space to the [...]
Why global Olympic sponsorship is a sustainable investment for GE April 17, 2012 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES Q What was your brand’s primary reason for being involved with the Games? A We became an Olympic sponsor before I became chief executive in the UK, and that was a decision made at head office level. The first Games where GE was a worldwide partner was the [...]
Future energy demand requires planning now March 25, 2012 AS THE financial year draws to a close, and with a degree of stability in financial markets, we can now think about the longer-term future of the City and London’s financial services. The findings of the City of London’s latest research report, published in partnership with London First and the City Property Association, highlight the [...]
Qataris fund rollout of 75 City info pods March 4, 2012 THE QATARI Islamic Bank’s British branch, QIB UK, has partnered with on-the-go media firm Renew to fund the rollout of a new round of information pods in the City of London. Since first hitting the streets on 26 January, Renew’s 4.5-feet high pods double as recycling bins and information screens, updating City workers on the [...]