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 [...]
London house prices fall fuels sales surge April 24, 2025 Sales of prime central London housing jumped up during the first three months of 2025 as prices fell amid the ongoing global uncertainty. Residential sales activity in the first quarter rose 12 per cent compared to 2024, according to new research from global property advisor JLL. “There are clear signs of renewed confidence across prime [...]
Paypal to open major office in London landmark April 23, 2025 Electronic payments giant Paypal has signed up to become the first occupier of a redeveloped office building on London’s Southbank. Paypal has agreed a lease for 40,000 sqft on the top floor of the building, a newly revamped Grade II-listed structure next to the National Theatre. Overall, the building will provide another 300,000 sqft of [...]
Prime London house prices underperform wider property market under Labour April 23, 2025 The prime London housing market has risen by less than the wider housing market since last June, despite the sector’s usual strong performance under Labour. Since July of last year, the average London house price has fallen by 0.5 per cent, according to Benham and Reeves. House prices across Kensington and Chelsea, meanwhile, have plummeted [...]
Dexters: High rents boost profit of London’s largest private estate agent April 22, 2025 Independent estate agent Dexters has reported a double-digit profit boost due to growth in its letting arm. Revenue rose 23 per cent rise to £222m in 2024, from £181m in 2023, with underlying operating profit up 17 per cent to £47.2m, from £40.4m in the prior year. Dexters, which is London’s largest estate agency with [...]
Knight Frank makes the City its global headquarters April 8, 2025 Knight Frank, the global asset management and real estate giant, has signed a deal to relocate its global headquarters to the City of London. The business will relocate from its current HQ at London & Regional’s 55 Baker Street in the West End, where it has been since 2008, to One Liverpool Street after penning an [...]
How will the tariff turmoil affect your mortgage? April 7, 2025 The fallout from President Donald Trump’s decision to impose wide-ranging tariffs on the world has left no stock market unscathed, but it’s possible Brits’ mortgages will benefit from the upset. The decision, which placed a minimum tariff of 10 per cent on all countries (including the UK), and higher tariffs on many more, has increased [...]