East London industrial site snapped up for £100m Industrials Global real estate investment company Kennedy Wilson has bought an east London industrial park for £100m. It’s a positive sign for London’s industrial market, which slumped to a decade-low last year as demand for warehouse and logistics sites faded after the pandemic boom. Kennedy Wilson plans to create a set of 10 sustainable industrial units [...]
Regeneration of iconic east London Gasworks gets green light Property The redevelopment of Bromley-by-Bow gasworks, set to create more than 2,000 homes, has been given the go ahead by Newham council. Berkeley Group company St William, in collaboration with Historic England, will invest millions in turning the 23-acre brownfield site into a multi-use residential and public space. St William’s managing director, Dean Summers, called it [...]
Rents in this part of London rose faster than anywhere else in the capital last year Property Shoreditch has claimed the crown as the most in-demand spot in the capital for renting, although the rate of increase still remains below 2022 levels. Rents in the trendy area, known for everything from tech start-ups to vintage clothes shops, climbed by 6.6 per cent per month in 2024. Across London as a whole, the [...]
Brick Lane Beigel Shop reopens today. Here’s why it shut June 26, 2024 Owners said "In recent times, we've faced trials, including complex family dynamics and health setbacks, common in many extended-family businesses.”