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 [...]
Tallest UK skyscraper outside London approved April 10, 2025 Plans to build the tallest skyscraper in the UK outside of London – which are backed by Hollywood legend Robert De Nero – have been given the green light. The Manchester city centre building will be developed by Salboy, which was co-founded by Betfred billionaire Fred Done, and will rise to 76 storeys. Land between [...]
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 [...]
Tallest UK skyscraper outside London to be approved April 3, 2025 Plans to build the tallest skyscraper in the UK outside of London have been recommended for approval. Developer Salboy, which was co-founded by Betfred billionaire Fred Done, is behind the proposals which would see a 76-storey building constructed in Manchester city centre. The £360m project, known as Viadux 2, has been earmarked for land between [...]
Vauxhall: £400m plans revealed for closed factory after 1,100 jobs lost April 3, 2025 The site of Vauxhall’s van manufacturing plant in Luton, which has just closed with the loss of 1,100 jobs, has been bought by a global property company pledging to invest £400m. Australian giant Goodman has acquired the site in Kimpton Road, which Vauxhall owner Stellantis slated for closure in November last year. The group said it [...]
Micah Richards scores £1.5m boost from property side hustle March 21, 2025 Micah Richards has secured a boost worth almost £1.5m after a successful year for the luxury property company he founded. The former footballer-turned TV pundit established Hillcrest & Louis Homes in 2015 to develop high-end schemes. The company, which is registered in Manchester, has completed a series of developments in Leeds. Now, new accounts filed [...]
Robert De Niro backs plans for tallest skyscraper outside London March 20, 2025 A company co-founded by Hollywood legend Robert De Niro has signed up to open a hotel, restaurant and residences in a planned skyscraper which would be the tallest building outside London. Nobu Hospitality has partnered with developer Salboy on the £360m scheme in Manchester city centre. The project, known as Viadux 2, has been earmarked [...]
‘I look up to Elon Musk’: Alex Michelin on becoming a London property magnate March 13, 2025 Responsible for the sale of over 2m square feet of real estate, Alex Michelin has forged a fruitful career in property. He tells City AM how.
‘Prohibitive building costs’ stunting UK growth projects – Deloitte February 4, 2025 “Prohibitive costs” involved in construction projects in major UK cities led to a sharp decline in the number of new developments breaking ground in 2024, according to a new report from Deloitte. Deloitte’s latest Regional Crane Surveys, which covers the central areas of Belfast, Birmingham, Leeds and Manchester, has revealed the number of new starts [...]
Major lifeline for Wembley Park developer after huge losses January 23, 2025 The developer behind London’s Wembley Park transformation has secured a huge funding boost just months after losses of more than £700m were revealed. Quintain has completed the refinancing of London Designer Outlet and build-to-rent development Ferrum at the site with a £233.6m loan from Bank of America. The deal comes after City AM reported in [...]