New homes on sale this weekend, including the former BBC Television Centre in White City April 22, 2016 Television Centre, White City From £700,000 The former home of the BBC forms the centrepiece of the regeneration of White City, which will see 5,000 new homes built in total. The first batch of homes will go on sale from 23 April at 11am in the Television Centre Pavilion. The first phase will consist of [...]
Housebuilder share prices jump as analyst turns totally positive on UK housebuilders April 22, 2016 Shares in housebuilders have suffered in recent months, partly thanks to analyst Liberum, which in November published a note suggesting shares in UK housebuilders were "overvalued". But this morning, the analyst turned (slightly) bullish, saying it was "less cautious" about housebuilders' share prices. Back in November, Liberum's Charlie Campbell downgraded Barratt, Persimmon and Taylor Wimpey to "sell", saying [...]
Area guide: Wembley – house prices have risen by 10 per cent in the last year April 14, 2016 It may be the home of football, but Wembley’s also home to around 115,000 Londoners. And with its diverse housing stock and decent transport links, it could be your new home, too. Research from estate agent Hamptons International recorded a “surge” in transactions in Wembley last year, as hundreds of new build flats went on [...]
City heavyweights join shadow business secretary Angela Eagle to decide the corporate winners of this year’s LGBT Awards April 6, 2016 Distinguished business figures met in the capital today to decide the British LGBT Awards corporate winners The judging panel, made up illustrious names across the banking, finance and legal sectors, met up with shadow business secretary Angela Eagle to pick out winners for an array of gongs that praise the hard work done by Square Mile staffers [...]
Property Entrepreneurs: How Pelican Media built an app to sell City apartments off-plan March 30, 2016 When the luxury apartments at Landmark Place in the City of London were launched in February, their details were presented on a series of iPad Pros. The new tablet had been launched just three months previously, but Tony Nicol could see the benefits of using the new hardware – and set his team racing to [...]
Here’s what the new Nine Elms Tube station will look like March 16, 2016 Transport for London (TfL) has unveiled its design for Nine Elms Tube station, which will open when the Northern Line extension is completed in 2020. In a statement today it said it had been given planning permission for 332 homes over the station, as well as 5,332 sq m of office space, 902 sq m of [...]
UK Budget: Housebuilders’ shares jump after chancellor George Osborne’s speech March 16, 2016 Housebuilders took off after the chancellor delivered his Budget today, announcing plans to speed up investment plans in priority areas. Persimmon's share price rose over 2.5 per cent on the speech, while Taylor Wimpey rose over 3.5 per cent. Barratt Developments was up over 3.4 per cent. Berekeley Group also rose by close to 1.5 per cent. "Reform [...]
EU referendum: Housebuilders, mid-caps, banks and retail will be the sectors worst-hit by a Brexit, says UBS March 11, 2016 The Brexit debate continues apace – and now UBS Wealth Management has waded in on the argument, pointing out some of the sectors most at risk if the UK votes in favour of leaving the European Union. The good news is fears around Brexit have already been priced into the market, said Caroline Simmons, deputy [...]
Thanks to Landmark Place, you never have to leave the Square Mile March 3, 2016 Two new glass structures are set to join the banks, law firms and sky gardens that line the City’s riverside in the summer of 2018. Only this time, they’ll be housing wealthy residents who want to live on top of the financial district. A nine storey block will interconnect with an 11 storey block to [...]
FTSE 100 index closes lower as the price of oil slides and share prices of ITV and Intertek fall March 2, 2016 After a positive start to Wednesday's trading, the FTSE 100 swung into a loss for the day as the share prices of ITV and Intertek faltered. The UK's blue chip index closed 0.09 per cent lower at 6,147 points, as oil prices fell after it was revealed inventories rose. "A slide back in oil prices appears [...]