The City of London Corporation has granted planning permission to ‘affordable luxury’ hotel group citizenM’s proposals for their landmark London luxury hotel and office development close to the historic Smithfield Market.
Royal Mail has confirmed it will lodge its plans for a major residential-led development of around half of its main London sorting office in Clerkenwell shortly.
The West End of London Property Unit Trust, managed by Schroders and advised by Grafton Trust, has completed its sale of Stratton House to Sirosa, the investment vehicle of the Conley family.
Rakuten is bringing two of its businesses – LinkShare and Play.com – together under one roof at Orega’s High Holborn business centre.
Universities Superannuation Scheme has announced the completion of a complete refurbishment of prime City property, 110 Cannon Street.
Latest research by CBRE suggests that Central London take-up increased by 60% in March compared with the previous month.
London has reclaimed its number one position as the most targeted market for international retailers, according to the 2012 edition CBRE’s ‘How Global is the Business of Retail?’ report.
Oxford Properties has arisen as one of a clutch of investors to have bid on Hammerson’s entire London office portfolio.
Mayfair based Orchard Street Investment Management has completed the purchase of 6-10 St Andrew Street, EC4, from Prestbury for £23.5m. The acquisition was made on behalf of St James’s Place property funds.
British Land and Blackstone are preparing to submit a planning application to the City of London Corporation to increase the amount of retail space at Broadgate Circle.