Jamie Ritblat’s Delancey in talks to sell the City’s Walbrook building for £600m February 1, 2015 THE OWNERS of the Walbrook in the City are understood to be in talks to sell the trophy office building for as much as £600m. Jamie Ritblat’s property company Delancey has owned the Walbrook building since 2011, when it acquired its owner Minerva for £200m. Although now almost fully let, the Foster and Partners-designed building [...]
High hopes for 250 City Road as Berkeley unveils new tower at Tech City hub January 29, 2015 Anyone following the current spread of new developments cropping up around London could be forgiven for thinking the market on City Road is over-saturated. This long stretch off of Old Street roundabout has attracted a seriously impressive number of developers, which is partly a success story for Tech City (the government-backed initiative to create a [...]
OnTheMarket vs Zoopla: Property portals at war as estate agents’ website enters the market January 26, 2015 A war of words broke out last night as the boss of property portal Zoopla labelled OnTheMarket – a new challenger in the property portal space – as “a regressive business model trying to stifle innovation”. The new property sales website, mutually owned by estate agents including Savills and Knight Frank, is being launched this [...]
Leon Brittan obituary: Former home secretary and EU commissioner dies aged 75 January 22, 2015 Brittan, who became one of the big political figures of the Thatcher era, was first elected to parliament for the Conservatives in Cleveland and Whitby in 1974, and then for Richmond in Yorkshire in 1986. After being elected, Brittan held many key political roles relating to business and finance. He was chief secretary to the [...]
11 of the world’s 100 most sustainable companies are in the UK: Marks & Spencer, BT, and the London Stock Exchange January 22, 2015 The UK is home to 11 of the world's 100 most sustainable companies with Marks & Spencer, BT, and the London Stock Exchange all making it into the prestigious ranking. The other UK-based companies listed were Reckitt Benckiser, Centrica, Unilever, British Land, Sky, Pearson, BG Group and Electrocomponents. Each year media company Corporate Knights produces the ranking which measures companies' sustainability in terms [...]
Former home secretary Leon Brittan has died aged 75 January 22, 2015 Former Conservative MP and one-time home secretary Leon Brittan has died aged 75. Brittan's family has confirmed that he died last night (January 21) after "a long battle with cancer". The statement added: "As a family we should like to pay tribute to him as a beloved husband to Diana and brother [...]
London house prices: Capital would be hit disproportionately by mansion tax January 20, 2015 The extent to which London will be disproportionately hit by a new mansion tax has been revealed by new research looking into the most expensive properties in the UK Labour has proposed a tax on properties worth over £2m, which, according to research by Knight Frank, means 2.5 per cent of properties in London would [...]
Brits drawn to Soho homes: 15 Hollen Street is latest development in once subversive London district January 15, 2015 In Victorian times, Soho was a murky and dangerous district. Home to London’s original red light district, it was the place where the gentry mixed with poverty-stricken artists. Nowadays, you’re more likely to bump into an advertising executive sipping a mocktail than a lady of the night, but it’s still a thriving cultural hub with [...]
Focus on Blackfriars: The rise and rise of City towers on the South Bank January 15, 2015 Of all the makeovers the City of London has undergone in the ancient heart of the capital, Blackfriars is set to be one of the most breathtaking. The opening of Blackfriars South in 2013 marked the first new train station to open on the south bank of the Thames in 120 years. Commuters will no [...]
Somersby the each-way call on Sprinter’s return January 15, 2015 BILL ESDAILE PREVIEWS THE BEST OF THE WEEKEND RACING THERE are just under eight weeks to go until the tapes go up for the Betway Champion Chase at the Cheltenham Festival and thankfully the star of the show is set to hit the Ascot stage tomorrow. Sprinter Sacre, Betway’s 2/1 favourite for the two mile [...]