The battle for London’s business: Behind the scenes, European cities are on a charm offensive to attract City jobs October 24, 2018 Behind the scenes, European cities are on a charm offensive to attract City jobs, finds Jasper Jolly WITH Brexit negotiations reaching fever pitch, all eyes are fixed on the politicians wrangling over the UK’s new place in the world. But behind the scenes another battle is going on, with well-funded campaigns vying to attract business [...]
European banks add weight to demands for EU to act on no-deal Brexit financial stability risks October 15, 2018 The lobby group representing investment banks in Europe has added its voice to the growing calls for EU authorities to act now to stop financial market chaos in the event of a no-deal Brexit. The Association for Financial Markets in Europe (Afme) said it is “vital” that the European Commission give assurances that clearing houses, [...]
US flexible working startup Knotel shrugs off Brexit as it opens three new London offices October 12, 2018 US flexible working office space provider Knotel has today revealed it has signed three new central London properties into its portfolio, as it seeks to take advantage of Brexit in cementing its UK expansion. The new offices include a 7,480 sq. ft space across two floors on Great Titchfield Street in Oxford Circus, an 8,395 [...]
Prime central London house price growth to stay flat until 2021, thanks to stamp duty and Brexit October 11, 2018 Homeowners hoping to see a recovery in London’s high-end housing market may find themselves waiting a little longer, according to new Savills analysis that suggests growth will not return to the capital’s most expensive properties until 2021. Brexit uncertainty and a newly proposed stamp duty surcharge on foreigners is likely to “temper recovery”, with Savills [...]
Focus On St John’s Wood: Why the genteel life on offer in this north west London village has endured for over a hundred years October 5, 2018 The rapid gentrification of the grottier parts of London has dominated the capital’s housing chat over the last few years. Everyone loves a rags to riches story, but as boring as it sounds, there are some parts of London that have always been, well, lovely. St John’s Wood is one of those places, a north [...]
South Korean backers splash out £100m for Microsoft HQ October 1, 2018 Microsoft’s vast HQ campus in Reading has been snapped up by a London-based real estate investor and a Korean asset manager for £100m today. Valesco Group and Seoul-headquartered AIP Asset Management have bought the tech firm’s 245,000 square foot park in the run-up to the arrival of Crossrail’s Elizabeth line, which is set to strengthen [...]
Focus On Harrow: Why this west London suburb is popular with families and first time buyers September 28, 2018 With inner city London gradually dividing itself into a series of ‘villages’, mimicking the community, farmers markets and independent high streets of semi-rural life, what’s the point of suburbs anymore? Places like Harrow have traditionally been quite pedestrian places, attracting families to its healthy stock of semi-detached houses and good quality schools. The ultimate – [...]
Housebuilder MJ Gleeson beats housing market blues as profits swell September 17, 2018 Housebuilder MJ Gleeson hailed a rise in profits for its full financial year, crediting it to a growing demand for low-cost homes in the Midlands and the north of England. The figures Profits before tax grew 12 per cent to £37m in the 12 months to the end of June, compared to the same period [...]
Housebuilder MJ Gleeson beats housing market blues as profits swell September 17, 2018 Housebuilder MJ Gleeson hailed a rise in profits for its full financial year, crediting it to a growing demand for low-cost homes in the Midlands and the north of England. The figures Profits before tax grew 12 per cent to £37m in the 12 months to the end of June, compared to the same period [...]
Real estate giant swoops in for prime London student property September 4, 2018 One of Europe’s largest real estate investors agreed to buy a prime central London student block for nearly £70m today, in a move that reflects the growing level of property investment being poured into the capital’s student accommodation sector. Aberdeen Standard Investments, which manages more than £43bn of real estate assets, has splashed out £68.8m [...]