New rules could see housebuilders who leave sites unfinished stripped of land May 24, 2025 Housebuilders who leave vital development sites unfinished for years could face losing their land to local councils under new Government rules. For the first time, developers will have to commit to delivery time frames before they get planning permission. They will also have to submit annual reports showing their progress to councils to keep them [...]
‘London is back and buzzing’: Knight Frank’s head of London offices on the City’s comeback May 1, 2025 Knight Frank's head of London offices Philip Hobley tells us about his favourite City spots ahead of the company's move into the Square Mile.
Puma to move UK head office from London to Manchester May 1, 2025 Puma is to relocate its UK head office from London to Manchester after signing up to take space in a new £87m building. The global sportswear brand is to take 20,000 sq ft at 3 Circle Square in the city centre, which is due to open this summer. The head office will become home to [...]
Lindt: £75m sought for UK home of Swiss chocolatier April 30, 2025 The UK headquarters of Swiss chocolatier Lindt has been put up for sale with an asking price of £75m. The building in Richmond upon Thames is a redevelopment of the former Gosling Department Store. The five-storey, mixed-use development is fully let, with luxury gym operator Third Space and two high-end restaurants occupying the lower floors. DTRE [...]
House prices drop an ‘eye-catcher’ due to stamp duty changes April 30, 2025 UK house prices fell in April at their fastest month-to-month rate in nearly two years, fresh data has suggested, as adjustments to stamp duty knocked demand. Prices declined by 0.6 per cent in April compared to the previous month, according to Nationwide. The drop was attributed to stamp duty changes, introduced by Chancellor Rachel Reeves [...]
Zoopla: Rightmove rival handed £500m price tag April 30, 2025 Online property portal Zoopla has been put up for sale with an asking price of around £500m, it is understood. The company, which was launched in 2008, has put on the market by Silver Lake Partners which has owned the group it forms a part of following a £1.6bn deal in 2018. That group also includes [...]
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 [...]
London house prices fall fuels sales surge April 24, 2025 Sales of prime central London housing jumped up during the first three months of 2025 as prices fell amid the ongoing global uncertainty. Residential sales activity in the first quarter rose 12 per cent compared to 2024, according to new research from global property advisor JLL. “There are clear signs of renewed confidence across prime [...]
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 [...]
Dexters: High rents boost profit of London’s largest private estate agent April 22, 2025 Independent estate agent Dexters has reported a double-digit profit boost due to growth in its letting arm. Revenue rose 23 per cent rise to £222m in 2024, from £181m in 2023, with underlying operating profit up 17 per cent to £47.2m, from £40.4m in the prior year. Dexters, which is London’s largest estate agency with [...]