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Property

  • Persimmon braces for ‘challenging year’ as company reports huge drop in house completions

    March 12, 2024

    House builder Persimmon  expects 2024 to be another “challenging year,” as elevated interest rates are continuing to bruise the sector. 

  • Gulf billionaire buys former London Park Street embassy for £25m (it was worth £10.6m in 2012)

    March 11, 2024

    A Middle Eastern billionaire has bought the former Cyprus Embassy turned mansion in London’s Park Lane for £25m. 

  • London Waterloo could look very different if new masterplan goes ahead

    March 11, 2024

    Long term plans to transform Waterloo Station have been unveiled today, in fresh efforts to improve connections with South Bank and the rest of the capital. 

  • Will Hunt’s tax changes push non-doms out of London?

    March 11, 2024

    Non-doms, or non-domiciles, are people who live in the UK and pay tax on UK earnings whilst maintaining a primary home overseas. 

  • British Land crowns former Lazard man as chair

    March 11, 2024

    Property giant British Land has appointed banking veteran William Rucker as its new chair, replacing Tim Score.

  • Morgan Stanley to stay in Canary Wharf in boost to struggling banking district

    March 10, 2024

    Morgan Stanley has decided to retain its flagship Canary Wharf office in a major boost for the struggling financial district.

  • The government’s levelling up cash for Canary Wharf is a step in the right direction for London

    March 9, 2024

    A taxpayer loan of over £118m being handed to Canary Wharf to help elevate its life science offering and build news homes has inevitably raised some eyebrows across London. 

  • London’s wealthiest renters can now pay with cryptocurrency

    March 9, 2024

    Some of London’s richest tenants are now paying their rent in cryptocurrency.

  • Britain’s mega-wealthy look to cash in on uncertainty in property market

    March 9, 2024

    Britain’s mega wealthy are ramping up investment in commercial and residential properties, as they look to cash in on the uncertainty in the market. 

  • Bobby Arora: B&M bigwig sells London pad near Buckingham Palace for 30 per cent loss

    March 8, 2024

    British billionaire and trading director for budget retailer B&M has sold his London mansion for a 30 per cent loss. 

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