Expansion plan boosts Intu’s income July 30, 2015 SHOPPING centre landlord Intu yesterday unveiled a “significant increase” in rental income and earnings in the first half of the year, thanks to acquisitions in Spain and expansion in the UK. The owner of the Trafford Centre in Manchester and Lakeside in Essex recently bought the Puerto Venecia centre in Zaragoza and a site of [...]
Restaurant review: Is £38 the dearest burger in London? Sackville’s serves up x-rated food porn July 29, 2015 This week I ate a burger that cost £38. It was at new truffle-themed restaurant Sackville’s in Mayfair, and while it wasn’t the most expensive burger I’ve ever eaten – that dubious honour goes to Miami’s Bâoli which charged me $95 (£60) – it’s the most expensive I’ve had in this great city of ours. [...]
City of London to buy iconic Smithfield building for £34.6m as Museum of London’s new home July 28, 2015 The City of London has agreed to buy back London's historic Smithfield Market for £34.6m, City A.M. understands. The Victorian general market site has lain empty for more than 20 years after several failed attempts to redevelop it. However, it could become the new home for the Museum of London if the sale goes through. [...]
Baidu share price down more than 16 per cent after disappointing earnings July 28, 2015 Shares in Baidu, often dubbed "China's answer to Google", plummeted 16.8 per cent to $164.99 this afternoon, after less-than-encouraging results were released. Read more: Baidu confirms it's buying a stake in Uber During the second quarter, the Nasdaq-listed company's revenues went up 38 per cent from a year earlier to $2.7bn (£1.7bn), resulting in a fourth [...]
London food delivery startup Deliveroo takes away $70m series C funding from Greenoaks Capital, Index Ventures, Accel and Hoxton Ventures July 28, 2015 A London startup which delivers food from some of Britain's favourite high-street restaurants such as Wagamama and Gourmet Burger Kitchen straight to your door, has landed $70m (£45m) of new investment to expand internationally, including backing from the firm behind Just Eat. Deliveroo's series C round was led by Greenoaks Capital and existing investor Index [...]
BBC TV centre homes to go up for sale July 27, 2015 Homebuyers will soon be able to own a slice of TV history. Kasmira Jefford reports. THE scenery block at the former BBC Television centre in London’s White City is eerily quiet. For over 50 years the cavernous space used to bustle with carpenters and designers assembling sets for some of Britain’s best known programmes, including [...]
First homes inside former BBC Television Centre go on sale next month – starting at £500,000 July 27, 2015 Homebuyers will be soon able to own a slice of television history, with the first 450 homes inside the former BBC Television centre set to go up for sale next month. The scenery block at the former BBC Television centre in London’s White City is eerily quiet. For over 50 years the cavernous space used [...]
Great Scotland Yard snapped up by Indian billionaire Yusuffali Kader’s Lulu Group for luxury hotel July 26, 2015 Indian billionaire Yusuffali Kader has snapped up the historic home of London's Metropolitan police and will turn Great Scotland Yard into a luxury hotel. Kader's Abu Dhabi headquartered Lulu Group has bought up the Edwardian building in Whitehall in a £110m deal with Galliard Homes, and will work with the Steigenberger Hotel Group to run the [...]
What’s in the Walkie Talkie building? From the Sky Garden to RSA, here’s a storey-by-storey breakdown of every restaurant, bar and business in 20 Fenchurch Street July 24, 2015 It may have been open less than a year, but from frying eggs to creating wind tunnels, 20 Fenchurch Street – better known as the Walkie Talkie – has already had its fair share of controversies. But what’s actually inside? And what does its Sky Garden (also controversial after its developers decided to
Dulwich house prices: London village life four miles from The Shard July 23, 2015 As Peckham and Camberwell creep up the league table of the capital’s trendiest areas, neighbouring Dulwich remains as genteel and sedate as ever. Not much changes in SE21. It views its up-and-coming neighbours with the same bemused condescension that a retired judge regards the hoop in his grandson’s ear. He doesn’t understand it, but he’s [...]