Rise of Technology, Media and Telecommunications sectors fuelling demand for high-quality office space February 13, 2017 Fuelled by record demand for high-quality office space, a thriving visitor economy, international student appeal and an attractive quality of life, it’s no wonder Edinburgh attracts developer interest from around the globe. Edinburgh’s commercial property market remained buoyant in 2016. That strong performance followed an exceptional 2015, in which office deals were the highest on record [...]
Rise of Technology, Media and Telecommunications sectors fuelling demand for high-quality office space February 13, 2017 Fuelled by record demand for high-quality office space, a thriving visitor economy, international student appeal and an attractive quality of life, it’s no wonder Edinburgh attracts developer interest from around the globe. Edinburgh’s commercial property market remained buoyant in 2016. That strong performance followed an exceptional 2015, in which office deals were the highest on [...]
This is how far house prices have plunged in Chelsea February 6, 2017 Chelsea house prices fell by as much as 13 per cent year-on-year in January as vendors were forced to drop prices due to higher transaction taxes. Data from estate agents Knight Frank shows prices on high-end homes have dropped sharply in London's most sought-after neighbourhoods. In Kensington and Notting Hill, prices have fallen by 12 per [...]
Amazon is looking for shop space in London, according to reports February 5, 2017 Tech giant Amazon has reportedly started searching for shop space in central London as part of its move into the grocery market. Amazon first revealed its ambitions to open grocery stores last December under the banner "Amazon Go". In a video, Amazon said it was using technology to create a shop with no check outs. Customers would [...]
Investec is putting £30m towards this Fulham development February 3, 2017 Invetec is providing a £30m financing facility to developer Meyer Homes for the construction of 58 new homes in Fulham. The 24 month facility will also go toward the building of 9,000 square feet of retail space. In total, the plot is across one acre on Fulham High Street. The development will comprise 48 apartments – [...]
Is Ireland Brexit-ready? Inside Dublin’s bid to win financial services power from London January 30, 2017 Riding the airport shuttle bus through Dublin’s financial services centre on a sunny January afternoon, and looking forward to a pint of Guinness at the journey’s end, the prospect of the City of London losing jobs to Ireland doesn’t seem too upsetting. Located to the east of the city on the River Liffey, the financial [...]
Meet the 33 tech startups set for stardom January 26, 2017 More than 30 companies have been identified as the most promising tech startups in the country and will be mentored by top entrepreneurs to help create the next wave of top British tech stars. Challenger bank Monzo, online shopping site Trouva and digital mortgage adviser Trussle are among the startups who will be mentored by Lastminute.com [...]
Luxembourg doesn’t want to steal London’s finance crown January 24, 2017 If a week is a long time in politics, then seven months is practically a lifetime. That is how much time has elapsed, of course, since Britain voted to leave the European Union, and we are now finally learning what Theresa May and her government want from the complex negotiations that are set to follow the [...]
Commercial rental growth on the UK’s most exclusive shopping streets has fallen January 23, 2017 Commercial rents in London's most exclusive areas slowed to its lowest in 2016 in the final quarter of the year, new figures have shown. Rental values on so-called prime commercial property fell to 0.4 per cent between October and December, the lowest quarterly growth in a year. During the full year rents increased 3.7 per cent. [...]
Interiors: Laura Ivill tours Beau House, the St James’s scheme promoting British art and design January 13, 2017 As London Fashion Week Men’s drew to a close last week, with its global celebration of Savile Row and Jermyn Street style, all eyes were on St James’s. This historic quarter, based around St James’s Square and bordering Green Park and St James’s Park, is undergoing a £500m redevelopment by The Crown Estate, joined by [...]