Brookfield weighs up blockbuster listing for asset management business February 10, 2022 Toronto-based investment giant Brookfield Asset Management is looking to spin-off its asset management business in a blockbuster listing that could value the new firm at $75bn.
Fitzrovia: We focus on a London area that’s like the West End but cooler February 9, 2022 Although the central London district of Fitzrovia has no formal boundaries (it is part of both the London boroughs of Camden and Westminster), it is generally agreed that it sits between Euston Road to the north and Oxford Street to the south. “Today, Fitzrovia is popular with the more discerning London buyer who is looking [...]
Barratt boss confirms over 200 buildings fall under cladding safety review February 9, 2022 The boss of housebuilder Barratt has confirmed that more than 200 legacy properties fall within its safety review in a bid to fix the UK’s cladding crisis. Chief executive David Thomas said the company was in talks with government around its plans to get housebuilders to fork out the cash to undergo safety works on [...]
Softbank readies to take Arm public as pressure builds for a London listing February 8, 2022 Japanese conglomerate Softbank is gearing up to take British chip manufacturer public after its blockbuster $40bn takeover by American rival Nvidia collapsed.
Ofgem boss to face grilling from MPs as price cap comes under fresh scrutiny February 8, 2022 MPs will put the consumer price cap under scrutiny in Westminister today after Ofgem’s decision to hike energy bills to nearly £2,000 per year.
Selina Advance scoops up $150m funding to roll out home equity lending February 8, 2022 London-based fintech firm Selina Advance has scooped up $150m funding as it looks to roll out home equity lending products to customers across the UK.
UK lags behind other European nations on new-build delivery February 7, 2022 The UK is lagging behind several other major European nations on the delivery of new-builds, in relation to its population size, analysis has found. The country’s construction sector was hammered by rising costs on supply and labour, as well as having works delayed or stalled due to Covid restrictions. Countries including France, Belgium, the Netherlands [...]
Legal & General snaps up Spitalfields offices, with management fund portfolio now worth £3.8bn February 7, 2022 Legal & General’s investment portfolio has swelled to £3.8bn, with five fresh acquisitions across the office, leisure and industrial sectors. The new deals total £150m and cover around 600,000sq ft, including the purchase of 20,821 sq ft of offices at 45 Folgate Street in Spitalfields for £26.8m Through its management fund, L&G has also purchased [...]
Average UK house prices soar to record £276,000 February 7, 2022 The average UK house buyer forked out 9.7 per cent more in January 2022 than they would have done a year ago.
New data reveals the top 10 dealmakers of 2021 February 6, 2022 New data, shared with City A.M. has revealed the UK’s top dealmakers of 2021. The figures come on the back of a record year for mergers & acquisitions, which saw the completion of more than $5 trillion worth of deals. JP Morgan’s James Robinson ranked as the UK’s top investment banker, after topping MergerLink’s charts [...]