Good news for London’s property market as US investment rebounds May 1, 2024 Significant deals have included MCR Hotels' £275mn purchase of the BT Tower in central London and Elliott Management and Oval Real Estate's £300mn acquisition in the West End.
London’s most expensive flat goes on sale for £175m April 30, 2024 Previous buyers in the building have included Kylie Minogue, Tom Cruise and Ukraine’s richest man, Rinat Akhmetov.
Gladman Homes founder increases investment in Henry Boot April 30, 2024 The founder of one of the UK's most active land promoters has further increased his stake in property developer Henry Boot.
FTSE 100 today: London markets set to extend record streak on strong global cues April 30, 2024 Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.
London house prices fall on back of rising mortgages and stamp duty April 29, 2024 London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown.
Canary Wharf put £150m toward refurb in deal that kept Morgan Stanley April 28, 2024 Canary Wharf agreed to put £150m towards the refurbishment of Morgan Stanley's office as part of the deal that kept the bank in the district.
Canary Wharf: Property value falls as London banking hub secures £550m financing deal April 25, 2024 The developer and manager of Canary Wharf in East London has reported a 14.7 per cent annual fall in the value of its property holdings to £6.8bn.
Mortgage and valuation giant LSL Property Services continues strong start to 2024 with share buyback April 25, 2024 LSL Property Services, one of the largest providers of mortgage and valuation services, has continued its strong start to 2024, surpassing analyst expectations.
Reduced notice periods for renters are an open door for party flats April 24, 2024 Renters need more rights, but scrapping minimum tenancy terms would leave landlords unable to stop their properties being used for holiday lets, party flats or worse
FTSE 100 today: London markets poised for green start as Israel-Iran tensions ease; focus turns to ‘Magnificent Seven’ earnings April 22, 2024 Global markets saw a significant turnaround, with Asian stocks rebounding strongly while oil and gold prices dipped. Bitcoin, on the other hand, surged by 3 per cent. Investors are eagerly awaiting earnings reports from the "Magnificent Seven" companies and aviation giants Boeing and Airbus, making this a pivotal week.
