Focus on Balham: The family-friendly outpost is now pricier than Wimbledon and Putney August 30, 2019 In the post-war era, Balham was mocked as the ‘Gateway to the South’ in that infamous Peter Sellers sketch sending up radio adverts for far-flung holiday destinations. The joke was that nothing much exciting happened there – it was an archetypal dreary suburb. How times have changed. It is now a fiercely sought after location [...]
Franco Manca owner serves up revenue boost August 28, 2019 Franco Manca owner The Fulham Shore reported growing revenues as it continues to expand the pizza chain outside London. The restaurant chain has opened Franco Manca branches in Birmingham, Exeter, Leeds and Edinburgh in first half of the financial year as the group eyes opportunities outside of the capital. It also opened another London branch [...]
Brexit turmoil takes toll on FTSE housebuilder share prices August 28, 2019 Britain’s housebuilding stocks fell across the board this morning as Brexit turmoil dented investor confidence in the property sector. FTSE developer giants including Berkeley Group, Taylor Wimpey and Persimmon all suffered a drop in their share price as markets reacted to the news that Boris Johnson is planning to suspend parliament next month. Read more: [...]
City Moves for 27 August – Who’s switching jobs at Quadrant, BNP Paribas Real Estate and Dun & Bradstreet? August 27, 2019 Today’s City Moves includes Quadrant, BNP Paribas Real Estate and Dun & Bradstreet. Quadrant Quadrant, the UK real estate asset management and development company, has appointed Duncan Reader as a partner. He specialises in the retail sector and will focus on planning, development, asset management, leasing and disposals. He joins from Orchard Street Investment Management, [...]
Donald Trump Twitter tirade against China sends stock markets tumbling August 23, 2019 US President Donald Trump has further escalated his administration’s trade war against Beijing with a Twitter outburst that ordered American companies to return “home” from China. Read more: Fed will ‘act as appropriate’ to keep US economy growing, says chair Powell Trump’s tweets came just hours after Beijing announced it would apply tariffs to $75bn [...]
Here’s where you should buy a home for access to the best London schools August 23, 2019 As the summer holidays draw to a close and parents prepare their children for another academic year, would-be property buyers who have a young family – or are planning to start one – might be prompted to weigh up their options when it comes to local schools. For lots of families this means considering a [...]
UK’s most expensive cities becoming more affordable for homebuyers August 23, 2019 Houses in Britain’s most expensive cities have returned to levels of affordability not seen since 2015, according to new data released this morning. Weak house price growth and rising wages have boosted the chances for those wanting to buy houses in the country’s priciest cities, according to the latest UK Cities House Price Index by [...]
City Moves for 23 August – Who’s switching jobs at Oxford Properties, WH Ireland and Mediconnect? August 23, 2019 Today’s City Moves includes Oxford Properties, WH Ireland and Mediconnect. Oxford Properties Global real estate investor, developer and manager Oxford Properties Group, has announced a series of changes to its leadership team and the appointment of Dean Hopkins as chief operations officer. The changes come at a time of rapid worldwide growth for Oxford, which [...]
Wework rival Knotel secures unicorn status with $400m funding August 21, 2019 Knotel, the flexible workspace rival to Wework, today said it has achieved “unicorn” status after securing a fresh round of funding worth $400m (£329m). The New York-based startup bagged the bumper cash injection in a round led by Wafra, the investment arm of Kuwait’s sovereign wealth fund. Read more: Wework lost $700m in first half, [...]
Yopa names new chairman as it secures £16m funding round August 21, 2019 Online estate agency Yopa has named industry veteran Grenville Turner as its chairman, as it unveiled a new funding round worth £16m. The hybrid agency said it has received the cash injection from existing investors Savills and DMG Ventures, the venture capital arm of the Daily Mail Group. Read more: London house prices rise as [...]