Central London’s office market outperforms New York and Hong Kong March 17, 2025 London’s office market has outperformed global peers after a fall in availability of new stock pushed prices to record highs last year. The City of London and the West End achieved prime rental growth of 11.6 per cent and 9 per cent last year, respectively, helped by a city-wide vacancy rate of 6.6 per cent. [...]
Eyebrows raised as Manchester United skip tender to hire Foster for stadium March 12, 2025 Manchester United are set to confirm Sir Norman Foster’s firm as architects of their planned £2bn, 100,000-seat stadium without running a formal tender process. The absence of an open tender has caused surprise in the industry, given United are a listed company on the New York Stock Exchange, while Sir Jim Ratcliffe has also taken [...]
Atom Bank wants to inspire staff back to the office March 10, 2025 The boss of Atom Bank said he wants to inspire his staff back to the office as he announced plans to relocate its headquarters to Newcastle. Chief executive Mark Mullen has confirmed plans to move its head office from The Rivergreen Centre in Durham to The Pattern Shop in Newcastle. The Pattern Shop was where [...]
If we want our economy to grow, our skyline must go up, up, up March 10, 2025 The City's skyline is always changing, but if we want our economy to grow bigger, it must go higher, writes Chris Hayward.
No luxury markets outperformed the FTSE 100 last year March 5, 2025 The once reliable luxury market suffered last year, with even the top performers in the market only posting modest gains in a weak market. The Knight Frank Luxury Investment Index (KFLII), which tracks the performance of 10 popular investments, fell 3.3 per cent for the second year in a row. The FTSE100, meanwhile, posted gains [...]
Alcohol-shy Gen Z and erratic weather hits global vineyards March 5, 2025 Changing tastes and a hotter climate have made the future of global vineyards uncertain and unpredictable, according to a new report. With global wine consumption down 12 per cent from its 2007 peak and erratic weather making many sites untenable, few vineyards remain unscathed, according to Knight Frank’s annual wealth report. In France, “only about [...]
31-story skyscraper on 130 Fenchurch Street inches towards a green light March 4, 2025 Proposals for a “showpiece office building” on 130 Fenchurch Street are open for further consultation ahead of an application for planning permission. Designs for the revamped building at the site of City AM’s former HQ Fountain House detail 31 storeys of office space, an improved streetscape and street-level amenities. “[The proposals] aim to create a [...]
The 13 skyscrapers set to redefine the City of London’s skyline March 4, 2025 The City of London Corporation has released new images visualising how the Square Mile’s skyline will look.
The London office market has ‘definitively turned’ as prime rents set to double February 27, 2025 Analysts have said the London office market has turned a corner after two major commercial real estate investors released positive results. Dewent London reported rental growth doubling to 4.3 per cent, the highest since 2016, and it expects estimated rental value growth – an estimate of the rent that a property could earn if it [...]
Flight to quality continues as firms rush to newly-green Spitalfields office February 26, 2025 Four firms will relocate to a newly-sustainable office block in Spitalfields in the latest wave of businesses to move from West London to the City of London. Railpen, International Copyright Enterprise (ICE) Services, Manpower UK and Bullhorn will take a combined five floors of the nine floored building, amounting to 42,921 sq ft of newly [...]