Mike Ashley must end the Sports Direct clowning if he is to be the high street’s hero September 13, 2018 Emptying his pockets of wads of £50 notes at a security check, telling a select committee about vomiting in a fireplace at board meetings – Sports Direct boss Mike Ashley is clearly not afraid of theatre. Against type, he has now chosen to play the part of white knight of the high street, but yesterday’s [...]
Mike Ashley must end the Sports Direct clowning if he is to be the high street’s hero September 13, 2018 Emptying his pockets of wads of £50 notes at a security check, telling a select committee about vomiting in a fireplace at board meetings – Sports Direct boss Mike Ashley is clearly not afraid of theatre. Against type, he has now chosen to play the part of white knight of the high street, but yesterday’s [...]
Malta leads house price growth as global hotspots slow down amid new rules September 11, 2018 The small Mediterranean island of Malta has seen the world’s steepest house price growth in the last 12 months, as traditionally fast-growing property hotspots fall behind in the wake of tough new property regulations. Malta experienced a 17 per cent annual rise in house prices during the year leading up to June 2018, topping today’s [...]
Property of the Week: The wing of a church damaged during the war is now a huge house of historical proportions September 7, 2018 What makes a house worth £22m? Well, there are a few things. Firstly, location, location, location. This property on Upper Cheyne Row, one of the most sought after addresses in Chelsea, is also home to vacuum supremo Sir James Dyson and, not one, but two Rolling Stones in bassist Bill Wyman and frontman Mick Jagger. [...]
New homes: Our pick of the new homes going on sale in the London this weekend September 7, 2018 New developments on the market this week Clarendon, Hornsey From £355,000 The first homes at a major regeneration site in north London are on sale. The 12 acre brownfield site will boast 1,700 new homes and over 100,000sqft of retail and offices as well as a new public park. Hornsey Park Place is the first [...]
Exclusive: Asian buyer nears £425m deal for Commerzbank HQ September 2, 2018 Commerzbank’s London HQ is set to be sold in a deal worth almost £500m to an undisclosed Asian buyer later this week, City A.M. understands. An agreement for 30 Gresham Street, which was put on the market by Samsung Life Insurance earlier in the summer, is reportedly nearing its final stages, as the burgeoning Asian demand [...]
TGI Friday’s private equity owner Electra ends buyout talks August 24, 2018 UK private equity firm Electra which owns TGI Friday’s today confirmed it had ended talks about a possible buyout of the company. Electra did not say who the interested parties were, but it had been talks about a possible sale since May. Read more: CEE private equity investment hits record high It said talks for [...]
Opinion: Young families are moving out of London at an alarming rate but they may regret it in a few years time August 23, 2018 Young families in their 30s moving out of London escaping the rat race in search of better value, more space and good schools is nothing new. However, what is surprising is the rate at which this exodus in increasing. Net migration out of the capital – people moving out minus people moving in – was [...]
Property price growth for the world’s most expensive residences hits five-year low but London slowdown improves | City A.M. August 2, 2018 Transparency measures and a clampdown on foreign buyers has pushed the world’s most expensive properties to their lowest levels of growth in more than five years, while London’s slowdown shows signs of improvement. Prime property has suffered its weakest rise in growth since the end of 2012 over the last three months, according to the [...]
New homes: Here are the new developments going on sale in London this weekend | City A.M. July 27, 2018 Our pick of the new developments on sale now Bishops Gate, Fulham From £625,000 A gated mews development next to Bishop’s Park is on sale, with a three bedroom duplex apartment for prospective buyers to peruse. The nine hectare green space is home to Fulham Palace, tennis courts and gardens and is also the setting [...]