Robert De Niro: Nobu reveals major London plans amid UK push Property Robert De Niro’s hospitality brand is open to considering new luxury residences in London after the success of its restaurants and hotel, the firm’s co-founders have exclusively told City AM. Nobu Hospitality first launched in London in 1997 with a restaurant at Old Park Lane. That was followed by a hotel and restaurant in Portman [...]
Taylor Wimpey shares slump as boss blasts Budget uncertainty Property The boss of Taylor Wimpey has blamed weak market conditions that hit the firm’s bottom line on the uncertainty surrounding the forthcoming Budget. Jennie Daly, chief executive of the housebuilder, said: “Market conditions remain challenging, impacted by uncertainty ahead of the upcoming UK Budget and continued affordability pressures.” Shares in Taylor Wimpey were down over 3.5 [...]
Tallest skyscraper outside London approved in £1bn project Property A £1bn project which will see the tallest UK skyscraper outside of London constructed in Greater Manchester has been approved. Developer Henley Investment Management has secured permission from Salford City Council for its scheme at Regent Retail Park in Ordsall Lane. The proposals include a 78-storey tower which, at 895ft (272m) tall, will be the [...]
Super-rich ditch London mansions for flats, developer says October 30, 2025 London’s super-rich are swapping mansions for pieds-à-terre as they seek to wind down their presence in the UK or exit altogether, one of the top developers in the capital has said. Alex Michelin, co-founder of Valouran, said many high net worth individuals (HNWIs) remained attracted to London but were scaling down their property investment to [...]
London Docklands might get a new 820-home development October 23, 2025 A new 820-home planning application in the Docklands has been submitted in what could be a major housebuilding scheme for the capital. The 54-storey scheme, submitted by Areli Developments, would occupy 77 Marsh Wall in Canary Wharf. Rob Tincknell, founder and CEO at Areli, said it would be a “landmark building… for all types of [...]
‘It was a dream come true to buy a Shared Ownership home with So Resi’ September 26, 2025 Iryna and Anthony got onto the housing ladder in 2023 with a 10% share with SO Resi in Cambourne “After almost a decade of being treated poorly by the rental system, it was a dream come true to be able to have a place to call our own at SO Resi Cambourne. We moved back [...]
City of London unveils £600m Justice Hub at Salisbury Square September 18, 2025 The City of London Corporation is topping out the new flagship building, dubbed London’s new ‘Justice Quarter’, which features 18 courtrooms at Salisbury Square. The City’s £600m investment, which will serve as the new headquarters for the City of London Police, aims to enhance capacity in the criminal justice system, resulting in faster outcomes for [...]
Landsec sells government office building to hotel giant August 18, 2025 A Westminster building owned by property giant Landsec, which has played host to major government offices, has been sold to a group bidding to lead Heathrow Airport’s expansion plans. The sale of Queen Anne’s Mansions, located in SW1, by Landsec marks a major step in the property firm’s ambition to sell off £2bn of its [...]
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 [...]
Rent on newly-let homes falls for first time in five years after ‘relentless’ rise August 11, 2025 Average rents on newly-let homes have fallen for the first time in around five years, according to a property firm. Across Britain, the average rent on a newly-let property fell by 0.2 per cent year-on-year in July, marking the first annual decline since August 2020, during the height of the Covid pandemic, Hamptons said. Despite [...]