City comment: Skipton’s new deal might trigger flashbacks to Northern Rock in the Noughties, but look closely and you’ll see the differences
Once valued at £1.35 billion, PurpleBricks’ market capitalisation is now £6.7 million
Education institutions are currently searching for 492,000 sq ft of office space in London, according to Knight Frank
Property developer British Land has secured planning consent for a 120,000 sq ft urban logistics hub serving central London
City comment: “London’s high street” is getting its mojo back
Footasylum will open a new 20,000 sq ft, two-storey shop at 73-89 Oxford Street
Savills will market the site, which was used by the BBC to film programmes such as Doctor Who
Currently, Lidl’s Totternham Court Road shop is its only location within two-and-a-half miles of Charing Cross
CBRE estimates £1.3 billion was spent on UK retail properties in the first three months of 2023
“We know we need to improve and have detailed plans to do so,” he said
Barratt London will work with TfL to bring forward a site by Bollo Lane in Acton where up to 900 new homes are planned
The media group scrapped its plans to build a market in Spitalfields last month
The amount of office space occupied in the West End increased by over 1 million sq ft in 2022
Hybrid working has become very popular post-pandemic
The life sciences sector last year signed for around 800,000 square feet of office and lab space in the golden triangle of London, Oxford and Cambridge
Combined entity would have income of more than £830 million per year
The UK building sector had its worst month in almost a year, but there may be signs of greater resilience in the London housing market
Two surveys published on Monday showed a tough outlook for construction in 2023
Combined business will have a £4.9 billion portfolio of central London properties
Covent Garden landlord Capco has reported rental income growth
Dalata Hotel Group has acquired a property on the Seven Sisters Road
The property firm collected only 23% of rents in its most recent financial quarter
Property developer Helical is to partner TfL on developing sustainable offices above Tube stations
It will cost £15.4 billion to get all London homes up to the required grade
Is it a problem that nobody can hold down the Business Minister position for long?
New 3.95% fixed rate will require a 40% deposit
Transport bodies owning 14,000 acres of land pledge to build new housing in “a landmark moment for the capital”
Property developer Landsec has agreed a number of office lettings at its latest development in central London
Over 60% of second hand sales took place in traditional prime central London hotspots
Vistry last year completed a £1.1 billion acquisition of Countryside Partnerships, which significantly increased its affordable homes division
Prices in the capital fell at their fastest rate since the start of the financial crisis
The move is part of the partnership’s ambition to build 10,000 new homes over the next decade
City comment: Millions will continue to pay a heavy price for the disastrous Trussonomics experiment for years to come
