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March 2018

Goldman Sachs negotiating possible sale and leaseback of new London space

Goldman Sachs negotiating possible sale and leaseback of new London space

US bank Goldman Sachs may be rethinking its plans to move into a huge new office complex next year, and is instead looking to negotiate a sell and leaseback deal in a bold move that serves to demonstrate the firm’s confidence in the London market despite the apparent uncertainty for...
26th March 2018
Derwent to pay dividend to shareholders as demand for London space remains strong

Derwent to pay dividend to shareholders as demand for London space remains strong

Derwent London – a prestigious office development firm based in the capital – has proposed a special dividend for shareholders off the back of increased property sales as well as growth in the value of the buildings in its portfolio – which many have deemed quite unexpected given the post-Brexit...
21st March 2018
Guy Hands set to bid for coveted £1bn Network Rail property portfolio

Guy Hands set to bid for coveted £1bn Network Rail property portfolio

Guy Hands, owner of Terra Firma and an industry-leading investor, has been named as an interested party for the purchase of a huge property portfolio currently owned by Network Rail and valued at £1bn. The portfolio is made up of 5,500 properties located across England and Wales and generates millions...
16th March 2018
Shoreditch office rents to rise as Tech City grows

Shoreditch office rents to rise as Tech City grows

A recent study conducted by property agent Knight Frank has revealed that office rents in Shoreditch are set to boom between 2018 and 2020. Traditionally a trendy area popular with tech companies, the East London commercial market continues to benefit from the many tech advancements happening across the industry. Indeed,...
13th March 2018
Online shopping boom prompts Segro to continue expansion

Online shopping boom prompts Segro to continue expansion

The huge boom enjoyed by the online shopping industry in the UK and Europe in recent years has shown no signs of abating, and the demand for well-located warehouses that can store, sort and package goods of a huge range of sizes has continued to grow, while massive advances in...
9th March 2018
Shaftesbury’s fundraising freedom curtailed after vote by largest shareholder

Shaftesbury’s fundraising freedom curtailed after vote by largest shareholder

Real estate giant Shaftesbury PLC, which owns much of the property around London’s West End, has recently suffered a potential setback in terms of its funding. The company’s biggest shareholder, Hong Kong billionaire Tak Lee, has voted to block two motions that would have enabled the firm’s directors to ignore...
7th March 2018
Huge corporates name head of real estate finance

Huge corporates name head of real estate finance

Major finance and real estate co-operations have re-organised their management structure by appointing a new head of real estate finance. Phil Hooper has recently taken on this responsibility as the NatWest and Royal Bank of Scotland front runner. Hooper plans to oversee the £26 billion loan book across the UK,...
5th March 2018

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