Deals & Instructions
Derwent’s big plans for Fitzrovia
Developer Derwent is set to reveal final plans for 14,000 square feet of resi (and 323,00 square feet of offices) at its much-anticipated Fitzrovia site, according to Building Magazine today.
Development Securities sells Westminster Palace Gardens for £21.9m
Development Securities has completed on the disposal of residential and retail components at Westminster Palace Gardens, which sold for £21.9m (netting the developer a profit of £2m).
UNESCO warns of ‘irreversible commitment’ made by new developments
UNESCO, the world heritage body, has voiced concerns over the impact of increasingly altitudinous new developments on London's historic buildings.
What next for 12a Kensington Palace Gardens?
Nestled in between the Sultan of Brunei and the Saudi royal family, the Nepali Embassy at 12a Kensington Palace Gardens is one of the world's most sought after addresses, but its future lies in the balance…
HS2 compulsory purchase team announced
A panel of five agents who will advise on the compulsory purchases of properties in the path of the £33bn HS2 rail link has been named.
Capco appoints Anne Byrne as first legal counsel
Capital & Counties Properties PLC (Capco) has appointed the well-respected Anne Byrne as legal counsel, the company's first in-house lawyer.
Pickles addresses Section 106 to tackle stalled developments
Eric Pickles has launched a consultation into amending Section 106 agreements - which require developers to invest in local communities in return for planning permission - in an attempt to reinvigorate…
Build-your-own luxury holiday home
Sotheby's International has been appointed to manage the sales of six lakeside plots in the Cotswolds, which it's calling "England's answer to The Hamptons," that give buyers the opportunity to design…
Native Land snap up major Mayfair resi opportunity
Shortly after a Gulf based investor took a 45% stake in the company, Native Land has exchanged contracts to acquire a prime resi development site at 30 Old Burlington Street, London W1 from Standard…
Battersea Power Station development “to start next year”
David Cameron has announced that Battersea Power Station's long-awaited £8bn redevelopment will will begin next year, describing the 16ha site and Rafael Vinoly plans as “quite simply one of the…
Former In & Out Club to become super-prime resi?
Reuben Brothers have reportedly appointed architects Paul Davis & Partners to start drawing up plans for the redevelopment of the former Naval & Military Club at 94 Piccadilly.
British Land acquires prestigious Clarges Estate for £129.6m
The Clarges Estate, Mayfair
British Land has entered into a corporate agreement to purchase a vast swathe of Mayfair, including Clarges House, 6/12 Clarges Street and 82/84 Piccadilly for £129.6 million.