Ministers back City skyscraper plans after Tower of London row Property Ministers have given the greenlight to plans that will allow skyscrapers to be built in the area surrounding the Tower of London, ruling that proposals set out by the City of London corporation will do enough to protect the site’s Unesco status. Housing minister Matthew Pennycook said on Thursday he will withdraw his objections to [...]
City policymakers push to end ‘old-school’ ban on tower logos Property Square Mile policymakers are ramping up pressure on the City to drop “old-school” rules which block firms from displaying logos on their buildings, in a move which they say could drive growth. The City of London Corporation, which governs the historic financial district, has long blocked companies from displaying their logos on the top of [...]
Tower of London curbs on skyscrapers ‘will cost City £1.2bn’ Property Plans to protect views of the Tower of London will cost the economy £1.2bn in lost economic output every year, the City of London Corporation has warned. Historic England, the government’s heritage watchdog, is battling to secure a “larger uninterrupted gap of clear sky” between the medieval prison and the cluster of skyscrapers on the [...]
‘Alice in Wonderland’ workspace firm lands £129m Aberdeen-backed finance August 20, 2026 A luxury workspace provider whose offices feature novelty themes like Alice in Wonderland and Monopoly has landed a £129m refinancing package. Office Space in Town (OSiT) has bagged a new debt package which includes around £72m in backing by leading asset manager Aberdeen, City AM has learned. OSiT operates 225,000 sq ft of flexible office [...]
Office space is rarer than ever – making the right choice matters April 29, 2026 High-quality office space in London’s premium areas is becoming rarer than ever, and that’s why having trust that your company is making the right move – at the right time – matters. The vacancy rate of offices in London’s central areas is plummeting, showing that demand for good space is soaring. While nearly 40 per [...]
Knights Templar-inspired office building gets green light June 17, 2025 Plans to build a mixed-use office scheme in Holborn on the site of the former Knights Templar Church have been approved by the City of London Corporation. The new building will replace the existing Holborn Gate, Heron House and 44 Southampton Buildings on Chancery Lane. It will include a 300-person capacity immersive auditorium as well [...]
Lazard relocates UK headquarters after 20 years June 2, 2025 Financial services firm Lazard has opened a new UK headquarters in Marylebone as it looks to extend its presence in London. The new, larger site at 20 Manchester Square will become one of its three major global offices alongside New York and Paris. CEO Jeremy Taylor said the site was “more than just a new [...]
Avison Young loses over £100m for a second year as more jobs cut May 29, 2025 More than £100m has been lost for a second consecutive year by the UK and European arm of global commercial real estate services firm Avison Young as it continued to cut jobs, it has been revealed. The Birmingham-headquartered division has reported a pre-tax loss of £101.8m for 2024, having posted the same total for 2023. [...]
London crowned most expensive city for office refits after ‘perfect storm’ of costs May 7, 2025 Demand for high-quality facilities and specialist skills has made London the most expensive city in the world to refit an office, according to new research. The average high specification project in London costs £4,671 ($5,932) per square metre, four per cent higher than runner-up New York and eight per cent higher than third-place Zurich, Turner [...]
‘Once you legislate, people will rebel’: Why a vibes-based WFH policy is working for Vitality February 13, 2025 The debate-stirring issue of working from home (WFH) has never been far from the headlines so far in 2025. The likes of FTSE 100 giant WPP, Lord Alan Sugar and London Mayor Sir Sadiq Khan have all made waves with where they stand on the topic. Now Neville Koopowitz, the chief executive of health and [...]