Taylor Wimpey, Barratt Developments and Persimmon share prices dip as fears about Labour rent control plans take hold April 27, 2015 Housing experts warned that Labour plans to bring in rent controls could lead to investors pulling out of the rental market. The Association of Rental Letting Agents (ARLA) said yesterday that three-quarters of its members feared the plans would “see landlords exit the market and reduce supply”. Such fears led to an immediate [...]
HSBC provides bounce as FTSE hits new highs – London Report April 27, 2015 THE FTSE rose to another record high yesterday as reports suggesting HSBC will spin off its British retail bank in a £20bn ($30bn) deal boosted stocks. The banking giant was up 3.1 per cent and has already said it is reviewing whether to keep its headquarters in London, given increased regulation and the possibility of [...]
High season at Ten Trinity Square: Architect Suzette Vela Burkett on restoring a grand Tower Hill landmark April 23, 2015 One of the city’s finest buildings, Ten Trinity Square, is set to re-open at the end of 2016 as a Four Seasons Hotel, with luxury residences on top. It was opened by Prime Minister David Lloyd George in 1922 as the Port of London Authority and it took 11 years to build. It also hosted [...]
Focus on Soho: West End hotspot proves that central London never stops moving April 23, 2015 Moments away from Oxford Street and its swinging sister Carnaby Street, Soho has been frequented by artists, writers and more than a few ladies of the night over the centuries. But the recent influx of boutiques, gourmet burger chains and private members’ clubs means the area has caught the eye of London’s prime property developers. [...]
City Moves for 13 April 2015 | Who’s switching jobs April 12, 2015 Cunningham Lindsey The claims management and third party administration services provider has appointed Mark Thompson as global head of major and complex loss, and chief executive of Cunningham Lindsey International. He has over 20 years’ experience managing loss adjusting and insurance forensic accounting. LME The London Metal Exchange has appointed Andrew Dodsworth as head of [...]
Sales from the riverside: Here’s how new build homes are changing the face of London’s marinas April 9, 2015 FULHAM RIVERSIDE, FULHAM This stretch of riverside by Imperial Wharf Marina in the exclusive postcode of SW6 is currently being developed by Barratt London. New public walkways through landscaped piazzas, podium gardens and a continuation of the Thames river walk will grace this area and a waterfront cafe is proposed along the riverside. This [...]
Barratt chief executive Mark Clare to step down in July March 27, 2015 Barratt Developments has announced David Thomas, the group's finance director, will replace Mark Clare as chief executive from 1 July 2015. Mark Clare will step down after nine years with Barratt to focus on his non-executive career, the housebuilder said. The board decided to appoint David Thomas after a review that included external advisers. Barratt [...]
City Moves for 27 February 2015 | Who’s switching jobs February 26, 2015 Octopus Investments The fund management firm has appointed Richard Wazacz as business line manager for venture capital trusts. He was formerly corporate development director for UK and Europe at Prudential. Wazacz has also held senior positions at Lloyds Banking Group. BLP The law firm has appointed Daniyal Ansari as partner in its real estate finance [...]
Last chance to buy at Bentley Priory RAF base: Mews house played key role in the Battle of Britain February 26, 2015 It’s customary in London’s energetic property market for buildings to change uses several times. But few have had multiple lives like Bentley Priory. The former mansion house in Stanmore, north west London, was originally a grand, private home designed by legendary architect Sir John Soanes, whose work also includes the Bank of England and the [...]
Beyond The O2 Arena: What will North Greenwich look like in 20 years? February 26, 2015 Every weekend, different tribes of people flock to The O2 Arena, from screaming One Direction fangirls to the Game of Thrones enthusiasts heading to the upcoming expo. One thing they all have in common is that they’re inevitably funnelled out of North Greenwich afterwards via the Jubilee Line, knowing next to nothing about the stretch [...]