John Lewis: Losses triple at retail giant’s property start-up August 11, 2025 Losses tripled at the property start-up owned by retail giant John Lewis during its latest financial year despite its income shooting up, it has been revealed. BTR (Operating) Limited has posted a pre-tax loss of £406,000 for the 12 months to 25 January, 2025, new accounts filed with Companies House show. The latest figure comes [...]
‘Responsible landlords’ urged to stay in the private housing market July 31, 2025 The UK’s landlord association has urged landlords to remain within the country’s private housing sector, warning that their exit could lead to a ‘disastrous’ outcome for tenants. Arguing that private landlords selling up is a direct cause of homelessness, the National Residential Landlords Association (NRLA) said that “responsible landlords” need to stay in the market [...]
Is it high time to buy in super-prime London? July 15, 2025 London’s super-prime market has been suffering from a glut of supply in the wake of damaging decision-making from successive governments. Ali Lyon asks, is the tide beginning to turn? To take a walk down Mayfair’s historic Upper Grosvenor Street is to be confronted by a quiet, but dramatic, changing-of-the-guard afoot in one of London’s most [...]
Rachel Reeves’ tax hikes are driving wealthy overseas investors to flee London July 14, 2025 Chancellor Rachel Reeves’ tax hikes have had the “feared impact” of driving wealthy overseas investors to flee London to escape double taxation of their worldwide income, the company behind The Shard has said. Real Estate Management (UK), which is ultimately owned by the State of Qatar, has revealed the exodus has resulted in it being [...]
Number of affordable homes started in London plummets July 10, 2025 The number of affordable homes underway in the capital has fallen far short of expectations as tight regulations and cost pressures make sites unviable. The Greater London Authority has so far completed 871 homes under the 2021-2026 Affordable Homes Programme (AHP), according to its annual housing report. This is just over five per cent of [...]
Sales of London mansions falter amid low confidence and non-dom exodus June 19, 2025 The average price of London mansions fell further in May as buyers stayed away from the market amid a downturn in confidence. Average prices fell by 3.2 per cent year on year, according to data from Lonres, while transactions fell 35.8 per cent year on year. Transactions for homes over £5m fell 14.7 per cent [...]
Law firm Crowell & Moring shifts London HQ to Bishopsgate May 28, 2025 Crowell & Moring has swapped its London HQ from Tower 42 to 199 Bishopsgate, joining the swarm of City firms on the outskirts of Shoreditch
Battersea Power Station receives green light for next phase of development May 1, 2025 Battersea Power Station has received planning consent for the next phase of its 42-acre regeneration. A new group of residential, retail, community and leisure builds has secured planning approval from Wandsworth Council, completing “London’s newest street”, Electric Boulevard. Head of development at Battersea Power Station Development Company (BPSDC), James Wixley, called the planning consent the [...]
Lindt: £75m sought for UK home of Swiss chocolatier April 30, 2025 The UK headquarters of Swiss chocolatier Lindt has been put up for sale with an asking price of £75m. The building in Richmond upon Thames is a redevelopment of the former Gosling Department Store. The five-storey, mixed-use development is fully let, with luxury gym operator Third Space and two high-end restaurants occupying the lower floors. DTRE [...]
Zoopla: Rightmove rival handed £500m price tag April 30, 2025 Online property portal Zoopla has been put up for sale with an asking price of around £500m, it is understood. The company, which was launched in 2008, has put on the market by Silver Lake Partners which has owned the group it forms a part of following a £1.6bn deal in 2018. That group also includes [...]