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Horseferry House in Westminster, which is fully let to Burberry on a lease running to 2043, was snapped up by Indonesian developer Sinar Mas.
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Got a London market story for us? Contact news editor Jamie Bennett-Ness: jamie.bennettness@propertyweek.comLatest London property news
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GPE JV sells Uniqlo’s Regent Street flagship store and offices
The JV with Ropemaker Properties sold the property to a private client of JLL, taking GPE's sales in the past 12 months to £490m.
The scheme will include a ground-floor café, a co-working space, a bar and a lounge area.
The London Property Alliance wants offices to be designated as critical infrastructure, after reporting that 14m sq ft of office floorspace has been lost since 2018.
The consented proposal aims to decarbonise the grade II-listed landmark City building and keep it commercially viable, without compromising its architectural significance.
The office building, which the group is bringing forward on a pre-let basis, will span more than 545,000 sq ft of workspace, plus retail amenities.
The commercial auction raised £60m, while the residential sale brought in £45m.
50 Pall Mall comprises 33,888 sq ft across nine floors and is 87% let.
The joint venture partners proposed major amendments to their masterplan for the 53-acre mixed-use development in early 2025, including changes to the heights, massing and uses of several buildings.
The Singaporean investor bought the 211,000 sq ft Aldgate House for £183m in 2018.
The Edyn-owned brand will open the 279 room property in May, with a rooftop bar and restaurant set to follow later this year.
Tower Hamlets Council is set to agree a business rates discount for the planned 3m sq ft tower, which would be the largest and most expensive office building in London.
Landsec placed the famous island site at London's Piccadilly Circus up for…
The cost of building towers over 20 storeys is second only to New York and now exceeds Seoul by more than three times and Mumbai by 10 times.
The West Site phase of the south London regeneration scheme will include 507 BTR homes, student accommodation, a cultural venue and new public square.
Mace has has started enabling and piling works on the Red Lion Court development between London Bridge and Southwark Bridge.
The scheme will also include more than 7,500 sq ft of affordable workspace.
Metro Bank provided the loan to refinance development finance for the Covent Garden and Leicester Square properties.
Don O'Sullivan claims he was dismissed on "trumped-up" charges of gross misconduct after raising concerns about serious financial misreporting.
The standout sale was a three‑bedroom flat in Belgravia, west London, which went under the hammer for £2.37m.
The company has agreed to take the entire 15-storey Ink building at the Bankside office scheme.
London features
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From Sharjah to Southwark: Arada sets out plan to reimagine London living
Arada, known for its huge residential projects in the Gulf region, has its sights set on London. Property Week's Madeleine Knight visited its schemes in the UAE to see first hand the design principles it plans to deploy in the UK.
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Ealing Council’s strategic director for economy and sustainability on London’s housing crisis, nightlife and why growth needs jobs
In this week’s Propcast in partnership with Property Week, Andrew Teacher discusses with Peter George from Ealing Council about urban development.
Big interview with Sir James Cleverly: ‘Let’s axe stamp tax’
Having lost his 2024 bid to lead the Conservative Party, Sir James Cleverly is now back on the front foot, and the front bench, with plenty to say on tax and housing policy.
Big interview with Berkeley Group executive chair Rob Perrins: Green shoots, please
Berkeley Group executive chair Rob Perrins hopes the year ahead will bring renewed signs of market health – and fewer burdens for residential developers.
Big interview with The O2 owner AEG Europe’s Alistair Wood: No place like dome
The O2 owner AEG Europe has transformed the arena from national laughing stock to one of the world’s most successful music venues. Alistair Wood, the group’s executive vice-president of real estate, tells Andy Saunders how the London landmark has evolved.
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