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July 2015

Grexit, Bond Market and Property

Most of the world’s population will be concerned by Alex Tsipras’s decision to call a referendum on the final bailout terms given to Greece by the countries creditors, which took weeks of talks to agree on.
29th July 2015

City catches rest of Capital in diversity of tenants

Office rents across the capital have hit record highs - £180+ recorded in St. James’, £80+ in SE1 and the City Core, whilst prices in historically low-cost areas have seen radical changes from 5 years ago; tenants can now expect to pay at least £50 psf for a prime Shoreditch...
28th July 2015

Office to Resi development

With office vacancy being consistently at historic lows the latest market research reports show no surprised with West End office vacancy’s at only 3%. This drought in supply has hugely been caused by a change in planning to allow office to residential development across London without the restrictions which were...
27th July 2015

Samuel Tak Lee and Shaftsbury

Samuel Tak Lee is a Hong Kong based billionaire property developer who’s most prominent acquisitions in the UK was of the Langham Estate for £75 million in 1994. He then went on to develop the Knightsbridge Apartments. According to Forbes he has a net worth of £42.8 billion and is...
24th July 2015

French Retreat to Holland Park

The buildings currently used as the French embassy and consulate, and owned by the French government are to be sold to the highest bidder. 21-23 Cromwell Road, South Kensington and 58 Knightsbridge are prime West End locations and are a hugely attractive opportunities for residential developers; each building is expected...
22nd July 2015

Battersea Power Station Masterplan Uncovered

The famous Battersea Power station has been getting ready for a massive redevelopment which will include a mix of residential, retail, office space and a roof garden. The development is planned to bring a centre to the community but with a trendy and out of the box feel, encouraging creative...
21st July 2015

Helical Bar and Savills Investment Management sign development agreement

A new development at 26–35 Drury Lane and 8–12 Dryden Street has been proposed by long leasehold owner Savills Investment Management and Helical Bar. The development agreement will involve the purchase of the 0.5 acre site by Helical Bar upon granting of planning permission, after which Helical will redevelop the...
20th July 2015

6 Bevis hits the marks in City lettings

The City of London has seen a flurry of lettings at the new development, 6 Bevis Marks. The striking building, designed by Fletcher Priest, offers 160,000 sq. ft. of high end office space, in the heart of the City. The space is split over 16 floors, with those on the...
16th July 2015

Palace of Westminster presents plethora of problems

London has a mini crisis on its hands. The palace of Westminster, which includes London’s landmark buildings, is in a state of deterioration. Estimates for repairs have ranged from a staggering £3.5 billion to £7.5 billion – a cost of sixteen times more than it took to build the Shard....
15th July 2015

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