Property of the Week: Restaurateur Peter Langan’s celeb haunt turned 4-bed penthouse in Mayfair January 24, 2017 This top-floor penthouse moments away from fashionable eateries Sketch and Pollen Street Social has links to a historic restaurant itself and once hosted some of Britain’s greatist contemporary artists. Built at the start of the 20th century by Ernest George, the same architect behind the grand, red brick Royal College of Music, this building on [...]
Property transactions were resilient throughout 2016 January 24, 2017 The number of property transactions fell 8.5 per cent year-on-year in December 2016 – but over the year as a whole, the market was resilient. Data from HM Revenue and Customs shows that there were 1,231,120 residential transactions last year, ahead of the number of transactions in both 2014 (1,225,120) and 2015 (1,225,970). However, the [...]
City Moves for 24 January 2017 – who’s switching jobs? January 24, 2017 Today's City Moves cover online businesses, the legal sector and property development. While Mark Whitburn has joined peer-to-peer lender Saving Stream as its new head of credit, former KPMG partner Jane Moriarty has joined Chelsea-focused London property group Martin's Properties as a non-executive director. Take a look at these movers and shakers: Saving Stream Mark [...]
Ellen MacArthur reveals importance of “circular economy” investment hot spots January 20, 2017 Dame Ellen MacArthur revealed her sailing exploits pale into insignificance compared with the importance of promoting her €900bn (£776bn) “circular economy”. MacArthur, who became the fastest solo sailor to circumnavigate the globe in 2005, will today unveil the latest report from her foundation, identifying 10 investment “hot spots” which she hopes will turn the global [...]
British Land’s share price falls as occupancy rates dip January 19, 2017 British Land's share price fell today after it said that its occupancy rates have fallen, with tenants signing up for shorter leases. In its third quarter trading update, the commercial property giant reported a 97 per cent occupancy rate, with an average lease length of eight years. However, this compared to an occupancy rate of 98 [...]
Here’s what will happen to house prices if markets crash this year January 19, 2017 This year may have been record-breaking for the FTSE 100 so far – but the year is yet young, and with Brexit negotiations and Donald Trump's presidency still to come, a lot could go wrong. So online estate agent Emoov has helpfully donned its tinfoil hat and worked out what could happen to UK house prices if [...]
From Michelin-starred restaurants to an exciting calendar of events, Macao has it all January 18, 2017 Travelling on business or for pleasure, Macao makes a perfect addition to a trip to Asia. Just 40 miles from Hong Kong, Macao’s potent mixture of Portuguese and Chinese heritage, refined over more than 500 years – it’s been a Special Administrative region of China since 1999 – makes for an exceptional getaway, where the [...]
The best new hotel suites in Europe, from the reopened Ritz, Paris, to the spectacular Westin in Hamburg January 18, 2017 There are certain things one can expect from hotels at the top end of the market: flawless, personalised service; rooms with minibars, rainshowers and designer bath products; a supremely comfortable bed; free wifi and fine-dining. Most of us will have a favourite hotel in the cities we frequent – perhaps it’s The Connaught in London, [...]
City Pub Company guzzles Christmas sales as it prepares to float this year January 18, 2017 City Pub Company has raised a toast to this Christmas after it nearly doubled like-for-like sales over the five-week festive period. The figures The pub owner and operator said sales for the period to 1 January were up 47 per cent compared with the previous year, while sales for the whole of 2016 were up 37 per cent. It also bagged [...]
City Moves for 18 January 2017 | Who’s switching jobs January 18, 2017 Boston Consulting Group Paolo Cuomo has joined the Boston Consulting Group as a principal in the firm’s insurance practice. He will work with teams in London and across Western Europe to support (re)insurance clients, including carries, brokers and regulators, on strategy, operational and digital topics. Paolo joins from Charles Taylor, where he was chief operating [...]