UK buyers snap up first 100 homes inside BBC Television Centre October 12, 2015 More than 100 homes inside the former BBC Television Centre in London’s White City have been snapped up after going on sale at a preview launch to UK buyers last month. The 14-acre BBC campus is being redeveloped into a new £1.5bn neighbourhood district to rival the West End with 350,000 sq ft of offices, a [...]
London house prices: Luxury apartments in Gatti House on the Strand have broken street’s square footage record October 8, 2015 A new luxury development on the Strand has broken the record for the cost of square footage in the central London district. Grade II listed Gatti House was sold as four separate apartments, with the penthouse going for around £2,260 per sq ft, while the first floor was sold for £2,100 per sq ft. This is thought to be the [...]
Restaurant review: Sauterelle is elaborate, confident and fun October 6, 2015 Sauterelle Royal Exchange, EC3V 3LR FOOD ★★★★☆ VALUE ★★★☆☆ ATMOSPHERE ★★★☆☆ Cost for two with wine: £180 October is the month that most of us turn our central heating back on. I heard this on a news bulletin last week and thought: good on you for squeezing such a banal piece of information onto a national radio broadcast. [...]
London sushi chain Itsu drives sales up with growing customer numbers October 6, 2015 Food conscious Britons seeking out healthier lunch options helped to drive up sales at Itsu by more than a fifth last year. The sushi specialist, launched by Pret a Manger founder Julian Metcalfe, posted a 20.8 per cent rise in turnover to £67.9m in the year to January, with like-for-like sales up by 6.8 [...]
Lone Star closes in on Wembley Arena owner Quintain takeover after winning huge shareholder backing October 1, 2015 Lone Star closed in on its takeover of Wembley arena owner Quintain last night after announcing that it has won the backing of over 90 per cent of shareholders. The US private equity giant was forced to raise its offer last week after activist hedge fund Elliott gatecrashed the deal at the eleventh hour and [...]
Hammerson and Allianz buy £1.4bn Irish shopping mall loans portfolio September 30, 2015 Hammerson has made a major foray into the Irish property market after buying a portfolio of loans secured against some of the country’s biggest shopping centres for €1.85bn (£1.37bn). The property giant and its joint venture partner Allianz Real Estate said yesterday they have signed an agreement with Ireland’s National Management Agency (Nama) to buy [...]
New Bloomberg headquarters in the City put up for sale by Legal & General September 29, 2015 Bloomberg’s new European headquarters near Mansion House in the City have been put up for sale with a price tag of around £100m. Legal & General confirmed it has put its freehold interest in Bloomberg Place on the market, after more than 60 years of ownership. News of the sale comes after the vast 3.2 acre site, [...]
Itsu gobbles up more customers as profits jumps September 29, 2015 FOOD conscious Britons seeking out healthier lunch options helped to drive up sales at Itsu by more than a fifth last year. The sushi specialist, launched by Pret a Manger founder Julian Metcalfe, posted a 20.8 per cent rise in turnover to £67.9m in the year to January, with like-for-like sales up by 6.8 per [...]
Soho House to raise £200m to fund expansion September 27, 2015 Soho House is trying to raise £200m in its second financing drive in two years. The group, which owns Shoreditch House and has 15 outposts around the world, including the recently opened Soho Farmhouse in Oxford, is looking to raise the funds to open six new houses and up to 30 restaurants over the next [...]
Tooting property prices: A fun, if a little pricey, area to buy a house on the Northern Line September 23, 2015 Not only does Tooting bear one of the most charming names out of all of London’s precincts, the Zone Three area has pretty good connections to the central London thanks to the Northern Line. A largely residential area, the rows of terraced housing have recently proven popular with the hordes of young professionals that [...]