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  • After record rises, London rent hikes ease off

    April 15, 2024

    Rents on private properties in London showed signs of cooling last month, according to a new report, offering a glimmer of hope for the sector after a torrid year.

  • Former ‘Vote Leave’ Brexit HQ to be transformed into London flats

    April 15, 2024

    An Abu Dhabi backed property group has bought Westminster Tower - the building which formerly housed Brexit's Vote Leave headquarters - for £41m with plans to turn the office block into a new residential development. 

  • Foxtons calls in Rothschild as pressure to sell mounts

    April 14, 2024

    Estate agent Foxtons has hired merger and acquisition bankers from Rothschild amid growing pressure from its shareholders to sell itself for £160m by the end of the year.

  • FTSE 100 today: London markets braced for quiet start; Q1 earnings and UK monthly GDP in spotlight

    April 12, 2024

    Asian stocks remain quiet, gold hits new highs, and oil prices climb. Amazon reaches a record peak, while Fed officials remain wary of rate cuts. Focus now turns to Q1 earnings, the UK monthly GDP for February, and the preliminary US Michigan Consumer Sentiment Index for April.

  • Who is Tom Dawes? The Home REIT mystery man that profited from property deals 

    April 11, 2024

    Home REIT has been mired in scandal for over a year. For the first time, City A.M. can reveal the existence of a previously undisclosed businessman in the middle of a string of its property deals

  • Falling mortgage rates drive sentiment in property market to a two-year high

    April 11, 2024

    Recovery in the UK housing market is speeding up, according to the Royal Institute of Chartered Surveyors.

  • European self-storage giant Shurgard to buy rival Lok’nStore for £378m

    April 11, 2024

    Self-storage giant Shurgard has struck a takeover deal with AIM-listed rival Lok'nStore worth around £378m, with the merger expected to involve job cuts.

  • FTSE 100 today: London markets to open red as odds of Fed rate cut dwindle after hot US inflation

    April 11, 2024

    Asian markets mirrored Wall Street's slide amid global interest rate concerns. The yen dipped below ¥153 against the dollar, reflecting market unease, while Chinese inflation edged up in March. Investors scaled back expectations for Federal Reserve rate cuts. The focus is on the European Central Bank's policy decision and US producer price data.

  • China’s consumer inflation dips below expectations in March, calls grow for policy stimulus

    April 11, 2024

    China's consumer prices rose slightly in March compared to the previous year but didn't meet economists' expectations, revealing ongoing challenges in stimulating domestic demand for the world's No. 2 economy.

  • Hotel Café Royal’s world-first in hi-tech recovery

    April 9, 2024

    The Set Collection’s, five-star London property, Hotel Café Royal, has introduced a world-first partnership with Therabody.

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