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Mitsubishi Estate London

  • Future of UK Nissan factory uncertain amid global plant closures

    Transport and infrastructure

    Nissan is addressing the future of its Sunderland factory after confirming plans to slash 20,000 jobs worldwide and cease operations at nearly half of its production facilities. The Japanese carmaker on Tuesday said it would consolidate its vehicle production plants from 17 to 10 by fiscal year 2027. Nissan currently employs around 6,000 workers at [...]

    Nissan is grappling with huge losses as it struggles with a downturn in demand and ferocious competition in the Chinese market.
  • ‘The Slab’ redevelopment begins construction on London’s South Bank

    Property

    A mixed use construction scheme on London’s South Bank has been given the green light after developers won a court battle against a campaign group last December. Mitsubishi Estate was granted planning permission by the High Court last December for the redevelopment of 72 Upper Ground, the old headquarters of ITV, after over a year [...]

    The view from 72 Upper Ground. Source: Credit Make Architects

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