Has London’s commercial property market finally recovered from the pandemic? November 15, 2024 High-quality office space in London has “continued and sustained appeal” in London, with property take-up finally exceeding pre-pandemic levels, while retail vacancy rates have similarly dipped to their lowest level since 2019. Cushman & Wakefield and Savills have both reported that the central London property market has begun to stabilise, while British property investment trust [...]
How will the Budget impact the prime housing market? November 1, 2024 The Budget was, by and large, a set of fiscal promises for people who rely on public services. So with that in mind, how might the Budget affect the prime housing market, a market exclusively for the UK’s wealthiest buyers? Prime houses are typically defined as the upper five per cent of houses in any [...]
The five REITs primed to be bought next October 26, 2024 Real estate investment trusts (REITs) have been dropping like flies this year, as competitors increasingly pursue mergers to grow their size, and many have begun to speculate about which one might be next to go. The largest merger of the year was LXI REIT, which was bought out by Londonmetric Property at the start of [...]
Government hails £6.3bn ‘vote of confidence’ in UK data centres October 14, 2024 Keir Starmer’s government hailed billions of pounds of investment into UK data centres as a “vote of confidence in Britain” today, as ministers announced scores of deals during the flagship International Investment Summit. US firms Cyrusone, Cloud HQ, Coreweave and Servicenow revealed plans to inject a combined £6.3bn in funding into the UK’s data centre [...]
DP World: P&O Ferries owner unveils £1bn London Gateway investment following row October 14, 2024 DP World had threatened to cancel the announcement after Transport Secretary Louise Haigh described its subsidiary as a "cowboy operator."
Property market 2025 predictions: Greener and healthier October 10, 2024 Predicting the prevailing winds in the super-prime property market can be a thankless task, given how it is at the behest of factors both national and international. Nevertheless, I have grabbed my crystal ball to make some predictions about the emerging and developing trends, from the continued rise in at home wellness to an ever-increasing [...]
Leeds landmark sold for almost £80m in city’s biggest deal for over five years October 8, 2024 A landmark building in the heart of Leeds’ financial district has been sold for almost £80m in the city’s largest office deal for more than five years. Ashtrom Properties UK has acquired Central Square, which is home to the likes of M&S, PwC an Sky, for £78m. Central Square comprises 217,249 sq ft of office [...]
The dirty, dangerous and ‘obsessive’ world of mudlarking October 8, 2024 Once the domain of Victorian street urchins, the art of mudlarking has gone mainstream. Lucy Kenningham investigates
Luxury retail might be struggling globally, but it’s thriving in London October 4, 2024 It’s somewhat surprisingly that luxury retail in London is doing so well, particularly given eye-catching figures about a wider downturn in the luxury market, the effect of the tourist tax, and the potential exodus of high-net-worth non doms from the capital. But while these “handicaps” – particularly the tourist tax – have hampered demand somewhat, [...]
Does Life Coaching work? We booked a session to find out October 3, 2024 Would you see a life coach? This is the question I have been asking anyone who would listen for the last month. And what would you ask them? About your career? Your health? Your love life? Well guess what: I’ve got a date with Michael Serwa, the UK’s highest paid life coach! No one could [...]