Happy 170th birthday British Land – here’s to 170 more years May 15, 2026 Despite facing industry headwinds like high construction costs, property giant British Land is showing no signs of slowing down on its 170th anniversary, says Joanna Hodgson As millions of Brits headed to polling stations last week for the UK local elections, Emma Cariaga couldn’t help but think about the origins of her employer, the property [...]
Property giant Landsec bets on retail, claiming ‘no slowdown’ in consumer spending May 14, 2026 Landsec, the UK’s largest commercial property developer, will shift towards retail property, defying the gloomy mood music by suggesting there is no slowdown in consumer spend. The FTSE 100 firm commands a property empire in which office rents have soared, as high building cost inflation and interest rates stifle supply, while demand heads through the [...]
British Land and RLAM secure robotics AI firm for London ‘innovation’ cluster May 12, 2026 London’s AI property boom is gathering pace after British Land and Royal London Asset Management secured another major tech occupier at Regent’s Place, City AM can reveal. Robotics startup Humanoid has signed for 42,000 sq ft at One Triton Square, pushing the building to 94 per cent let just six months after completion, as demand [...]
Rightmove reveals fixed-rate mortgages back over 5 per cent as house prices slip again May 8, 2026 Average house price down to to £299,313 in April from £299,609 the month before A closely-watched survey from one of the UK’s biggest home loan providers has found that house prices slipped again last month. The Halifax said the prospect of higher bills at a time of rising inflation was a factor in the market. [...]
Grosvenor estate: Ministers don’t get ‘basic economics’ May 7, 2026 The Duke of Westminster’s multi-billion pound estate has chided ministers for failing to grasp “basic economics” in their bid to tackle the housing crisis. Mark Preston, who represents the business interests of Hugh Grosvenor, the seventh Duke of Westminster and owner of a Mayfair property empire, said the government risks choking housing supply if it [...]
Tony Travers: London local election result could trigger housebuilding slump May 7, 2026 The result of the forthcoming local elections could trigger a further slump in housebuilding in the capital as a shake-up in council composition obstructs development plans. Voters head to the polls in every London borough today, with polling suggesting Labour is on course to shed dozens of seats and lose its grip on the capital, [...]
Supermarkets round on Aldi and Lidl over ‘rigged’ system May 6, 2026 A host of leading British supermarkets have rounded on German discounters Aldi and Lidl over fears competition is being “distorted” by a “rigged” system. Sainsbury’s, Morrisons and Iceland are ramping up pressure on the competition watchdog to crack down on Aldi and Lidl’s ability to block rivals from opening new stores on nearby land. The [...]
London hotel occupancy slides as Iran war wreaks travel havoc May 4, 2026 International travel chaos caused by the Iran war is beginning to hit London’s hotels, fresh data has found. The occupancy of London’s hotels fell year on year in March, according to audit firm RSM.Hotel experts attribute the decline to a fall in tourism. Luxury London hotels enjoy a huge amount of custom from Middle Eastern [...]
House prices rise in April as market proves ‘remarkable resilience’ May 1, 2026 House prices made a surprise jump in April, as the “remarkable resilience” of the UK’s housing market trumped the hit to consumer confidence caused by the Iran war. Annual house price growth in the UK climbed to three per cent last month, up from 2.2 per cent in March. National house prices grew by 0.4 [...]
Renters’ rights act enters law amid warnings of landlord exodus May 1, 2026 The renters’ rights act came into force on Friday, amid warnings that private landlords have rushed to exit the rental market to avoid the new powers for tenants. The new law bans no-fault evictions and abolishes fixed-term contracts, with other elements including decent homes standards and a rental ombudsman still yet to be implemented. Law [...]