Addleshaw Goddard signs lease on larger London offices City of London Addleshaw Goddard has signed a 15-year lease on new offices at the heart of London’s financial centre in a vote of confidence in the City. The City law firm is set to leave its Milton Gate offices near the Barbican for the newly refurbished 41 Lothbury building, opposite the Bank of England. Addleshaw Goddard is [...]
Exclusive: Britain needs to keep building says Marshalls boss exclusive The Government must continue its plans to boost domestic infrastructure, argued the boss of building giant Marshalls.
Lloyd’s to stay in iconic headquarters until at least 2031 Lloyd's of London Lloyd’s of London is set to stay in its iconic City of London headquarters until at least 2031, according to new reports that quell rumours the insurer had been planning to leave its purpose-built tower in 2026. There is now “zero chance” the insurer will trigger the lease break clause in its contract with its [...]
Grosvenor: Central London valuations ‘subdued’ amid Covid side effects May 23, 2022 Property investment firm Grosvenor is back in the black after better fortunes for its 300-acre estate in Mayfair and Belgravia. Owned by the Duke of Westminster, the multibillion-pound portfolio swung back into profit with a pre-tax profit of £327.5m, after posting a £322.8m loss in 2020. The Liverpool ONE shopping centre owner swung back into [...]
Law firms drive demand for London’s ‘super-prime’ office space March 29, 2022 Law firms are driving demand for “super-prime” office space in Central London, amid fierce competition to recruit and retain legal talent. Law firms took up more than a quarter (27 per cent) of all office space in the City of London last year, according to figures from Knight Frank. Intense competition between law firms to [...]
Row erupts as new London arena dubbed ‘enormous glowing blight’ gets planning approval March 23, 2022 A row has erupted over a new music venue branded an “enormous glowing blight” which has now been granted planning permission. The MSG Sphere in Stratford at the site of the 2012 Olympics got approval from the London Legacy Development Corporation (LLDC) today, despite more than a thousand complaints from residents about the 21,000-seater arena. [...]
Young people are coming back to London but population is still lower than pre-pandemic peak February 15, 2022 Young people, who left London in the midst of the pandemic, are coming back to the UK’s capital city, according to research from the Greater London Authority (GLA). Analysis by the GLA suggests the number of people aged 18-29 dropped sharply at the start of the pandemic, as thousands of young people left London to [...]
US investors pump £1bn into Central London offices since September December 8, 2021 Investment flows into the Central London office market has hit £2.2bn since the beginning of October, according to neww research from Knight Frank.
French Unicorn Aircall opens new office in UK November 9, 2021 French Unicorn, Aircall, the global cloud-based call centre software, will be opening its UK office in London’s Silicon Roundabout as part of its expansion across Europe.
Walking, cycling and urban greening: Meet London’s green development priorities October 18, 2021 London’s mayor Sadiq Khan has announced that, as part of his plan to make London net zero by 2030, new developments will need to be greener and prioritise energy efficiency and space for walking and cycling. Set today by Khan, the three pieces of new guidance – called Be Seen Energy Monitoring, Urban Greening Factor [...]