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Property market

  • Helical sells stake in new City of London development to Orion Capital

    May 20, 2024

    "We are pleased to be partnering with Orion Capital Managers on the development of this best-in-class, carbon friendly new building, to be completed in Q1 2026," Helical boss said.

  • Nine in 10 landlords raise rents for existing tenants

    May 20, 2024

    Tenants in Britain now face larger rent increases from renewing their existing contract instead of moving to a new property, new figures show, as landlords move closer towards open market rates.

  • Chinese central bank holds rates after authorities unveil historic property sector rescue

    May 20, 2024

    The Chinese central bank maintains its key lending rates following the unveiling of a historic property sector rescue plan by authorities.

  • FTSE 100 today: London markets set to open higher, echoing global trends

    May 20, 2024

    Asian markets rose with Wall Street, but an Iranian president's helicopter crash shook oil prices. Investors awaited Nvidia's Q1 earnings.

  • Russian billionaires out, US billionaires in: Mapping London’s super-prime property market

    May 17, 2024

    Filings have shown a Kazakh billionaire has sold his Mayfair mansion for £35m. What does it say about London's super-prime property market?

  • Duke of Westminster’s £10bn fortune sends him to the top of the young Rich List

    May 17, 2024

    Hugh Grosvenor, the Duke of Westminster, has dodged the property slump, to top the under 40 category on the Sunday Times Rich List.

  • FTSE 100 today: London markets set for muted opening as global stock rally cools down

    May 17, 2024

    Asian stocks fell as Wall Street's rally faded, oil prices surged. Reddit shares soared. Land Securities' results and EU inflation eyed.

  • China’s April economic data disappoint: recovery in domestic demand hits a snag

    May 17, 2024

    China faced a bit of a setback on the economic front in April, disappointing market expectations.

  • Warnings rental reform could disincentivise landlords as bill returns to House of Lords

    May 16, 2024

    Peers have been warned government moves to bring in rental reform risk making it “less attractive” to be a landlord.

  • Gary Neville breaks Manchester office record for a second time with S&P Global deal

    May 14, 2024

    S&P Global has signed a deal for the most expensive office space in Manchester at Gary Neville's landmark development in the city centre.

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