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Property development

  • Controversial tower opposed by Mick Jagger, Eric Clapton and Felicity Kendal rejected

    April 25, 2025

    Plans for a 29-storey mixed-use tower at the southern end of Battersea Bridge have been unanimously rejected by Wandsworth Council. The 110-home Glassmill scheme was voted down at meeting of the authority’s planning committee on Thursday night. The decision follows months of local opposition to the project, with more than 2,000 objections from members of [...]

  • 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 [...]

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