London rejects most planning applications despite housing crisis May 3, 2024 The majority of councils refusing at least one in two submissions for new housing in 2023 are disproportionately in London, new data shows.
Troubled sale of Siemens UK head office eyes second chance May 2, 2024 The UK headquarters of Siemens has been put back up for sale two years after the German giant first attempted to offload the building.
Grafton revenue falls but group expects boost from Irish housebuilding blitz May 2, 2024 Grafton attributed the change to “prevailing macroeconomic conditions” as well as “exceptionally wet weather in Ireland”, which hurt demand.
Good news for London’s property market as US investment rebounds May 1, 2024 Significant deals have included MCR Hotels' £275mn purchase of the BT Tower in central London and Elliott Management and Oval Real Estate's £300mn acquisition in the West End.
London’s most expensive flat goes on sale for £175m April 30, 2024 Previous buyers in the building have included Kylie Minogue, Tom Cruise and Ukraine’s richest man, Rinat Akhmetov.
Gladman Homes founder increases investment in Henry Boot April 30, 2024 The founder of one of the UK's most active land promoters has further increased his stake in property developer Henry Boot.
FTSE 100 today: London markets set to extend record streak on strong global cues April 30, 2024 Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.
London house prices fall on back of rising mortgages and stamp duty April 29, 2024 London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown.
Canary Wharf put £150m toward refurb in deal that kept Morgan Stanley April 28, 2024 Canary Wharf agreed to put £150m towards the refurbishment of Morgan Stanley's office as part of the deal that kept the bank in the district.
Canary Wharf: Property value falls as London banking hub secures £550m financing deal April 25, 2024 The developer and manager of Canary Wharf in East London has reported a 14.7 per cent annual fall in the value of its property holdings to £6.8bn.