Exclusive News Articles

Knight Frank has reported that deals completed in the West End during the first quarter of 2018 fell by 64% compared to the same period last year, down to £765 million from the £2.1 billion completed in Q1 2017. Average deal size also fell, from £107 million to £51 million,...

Market leading developer Helical has agreed a sizeable deal to provide 15,994 sq ft of prime space at One Creechurch Place to insurance firm Coverys, taking the sought after building to 75% occupied – with just under 70,000 sq ft left to let. Gerald Kay, Chief Executive at Helical, has...

One of London’s most prestigious addresses – pulling in a staggering four million visitors a year to its famous archways – Burlington Arcade has been sold by Thor Equities and Meyer Bergman to the Reuben brothers for an impressive £300 million. The historic shopping destination has gone through many iterations...

Fitness chain The Gym Group has enjoyed a huge boom in profits over the last year. As membership increased by 35.5% to 607,000, company income rose by a massive 24.3% in 2017 to £91.4 million, undoubtedly bolstered by openings in prime Central London locations such as Walthamstow and Bloomsbury. Off...

Global real estate investors M&G have negotiated a significant deal to acquire GPE’s mixed-use scheme at both 78-92 Great Portland Street and 15-19 Riding House Street for just shy of £50 million. The deal reflects a capital value of £1,362 per sq ft, equal to net initial yield of 3.9%...

South London real estate developer Empyrean Developments has formed a joint venture with Polyteck Group – a well-known facilities management firm – to create a huge mixed-use scheme at Bernard Works and Norman Road in Tottenham. The development will be comprised of 87 new homes, 12 live/work units, and 25,000...

Work has finally started on Great Western Developments and Sellar Group’s massive £825 million scheme, now known as Paddington Square. GWD acquired the large site – which is comprised of 31 London Street, the former Royal Mail Sorting Office, and 128-142 Praed Street – in late 2014, and obtained planning...

The Office Group has secured a 20-year lease with landlord Gascoyne Holdings to take up 28,000 sq ft at Brock House. Originally opened in 1908 as the Philharmonic Hall, the building has most recently served as a base for the BBC, and now the shared offices company – which is...

After a lack of funds stalled progress in 2012, London’s newest skyscraper, the huge £1 billion 22 Bishopsgate development, is now full steam ahead and garnering interest from lots of prominent insurance companies looking to solidify their presence in the prestigious quarter of London. Market leading insurers Beazley and Hiscox...

One of the largest social business in the UK, the Ethical Property Company has secured a £27 million financing package from Lloyds Bank Commercial Real Estate’s Green Lending Initiative to boost innovation and growth. The package is comprised of a £10 million term long, a £2 million revolving credit facility,...