Opus. A New Horizon May 7, 2025 Now launched by esteemed developer Native Land, Opus is set to become a definingarchitectural and residential landmark on the south bank of the River Thames. Rising to 50storeys, this striking tower marks the next chapter of elevated living in London – an addresswhere exceptional design, cultural vibrancy, and sustainability converge in the capital’s mostforward-looking district. The [...]
London prime property sales resilient despite economic headwinds May 6, 2025 London’s prime property market has remained stable year on year despite significant headwinds, according to a major real estate firm. There were 93 sales above £5m in the first three months of the year, on par with the 92 in 2024, Savills found. Overall values also held up, with total values for houses between £10m [...]
Renters work 125 days a year to pay their landlords May 5, 2025 Renters in England are working 125 days each year – before tax – just to pay their rent, according to new research from the Adam Smith Institute (ASI). This means that renters only start earning money for themselves on 6 May, which the ASI has named Cost of Rent Day. The initiative was calculated using [...]
Mortgage borrowing surges ahead of stamp duty changes May 1, 2025 Net borrowing or mortgages spiked by £9.7bn in March as house buyers looked to clinch deals before higher stamp duty taxes came into effect. Net borrowing levels exceeded £13bn, according to the Bank of England, as the rise compared to February beat market forecasts of £3.2bn. EY ITEM Club’s Matt Swannell said the surge in [...]
Lego to relocate 1,500 staff to new landmark headquarters May 1, 2025 Lego is set to move its London headquarters from Farringdon to the iconic 76 Southbank in 2027, it has been confirmed. The Danish company will occupy 192,000sqft across three-and-a-half floors in the riverside building, originally designed by famed brutalist architect Sir Denys Lasdun. The redeveloped site, next to the National Theatre, has been modernised by [...]
Puma to move UK head office from London to Manchester May 1, 2025 Puma is to relocate its UK head office from London to Manchester after signing up to take space in a new £87m building. The global sportswear brand is to take 20,000 sq ft at 3 Circle Square in the city centre, which is due to open this summer. The head office will become home to [...]
Lindt: £75m sought for UK home of Swiss chocolatier April 30, 2025 The UK headquarters of Swiss chocolatier Lindt has been put up for sale with an asking price of £75m. The building in Richmond upon Thames is a redevelopment of the former Gosling Department Store. The five-storey, mixed-use development is fully let, with luxury gym operator Third Space and two high-end restaurants occupying the lower floors. DTRE [...]
House prices drop an ‘eye-catcher’ due to stamp duty changes April 30, 2025 UK house prices fell in April at their fastest month-to-month rate in nearly two years, fresh data has suggested, as adjustments to stamp duty knocked demand. Prices declined by 0.6 per cent in April compared to the previous month, according to Nationwide. The drop was attributed to stamp duty changes, introduced by Chancellor Rachel Reeves [...]
Zoopla: Rightmove rival handed £500m price tag April 30, 2025 Online property portal Zoopla has been put up for sale with an asking price of around £500m, it is understood. The company, which was launched in 2008, has put on the market by Silver Lake Partners which has owned the group it forms a part of following a £1.6bn deal in 2018. That group also includes [...]
Sir Robert McAlpine returns to profit after losing over £100m April 28, 2025 Sir Robert McAlpine, the family-owned construction giant which built London 2012’s Olympic Stadium, has recovered from losing over £100m to return to profit. The Hertfordshire-headquartered business has posted a pre-tax profit of £10.4m for 2024 after having slumped to a loss of £104.6m in 2023. The business has also reported a turnover of £940m for [...]
