City comment: The sharp decline in residential building is a relief to homeowners… but a big problem for those trying to get on the property ladder
The data “will send a chill down the spine of the UK economy”, economist Dr John Glen said
Some parts of London have seen office rents jump 20% since pre-pandemic times
Workspace owns buildings in various parts of London and has seen rental income jump
“There’s a strong correlation between wage inflation and net rental income,” its boss said
City comment: Skipton’s new deal might trigger flashbacks to Northern Rock in the Noughties, but look closely and you’ll see the differences
Footasylum will open a new 20,000 sq ft, two-storey shop at 73-89 Oxford Street
Occupancy picked up steam in the post-Easter period
The company said the new opening marks “the latest sign of a dramatic turnaround” since 2019 when the shop closed
Developments include a “Justice Quarter” with 18 court rooms
Persimmon’s CEO said: “Trading over recent weeks has offered some signs of encouragement.”
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
Cadogan Estates asked the courts to close down the luxury fitness chain’s London arm
The banking giant is looking at an office on the same site as the Daily Express Building, according to reports
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
