Properties
Planning nod for resi scheme at Fitzrovia former BBC office
PCL specialist developer Dukelease and Brimelow McSweeney architects have bagged planning permission for a big office-to-resi scheme in Fitzrovia.
Inland buys “one of the best development opportunities in the South East of England”
Some more offloading of military-grade property for resi development: Inland Developments has agreed to buy "arguably one of the best development opportunities in the South East of England," the Defence…
Indian developer snaps up Canadian High Commission building for £306m
Mumbai-based Lodha Developers has bought the Canadian High Commission building, MacDonald House, on Grosvenor Square for £306m.
Brompton Road tube station sold for luxury resi conversion
The abandoned Brompton Road tube station in Knightsbridge has apparently been sold for around £50m to a developer with plans to convert the site into luxury apartments.
Zakay’s Topland moves into the PRS with £11m off-market acquisition
Sol Zakay's Topland Group has made its first foray into the private rented sector (PRS), buying a 24-unit block off-market in Putney for around £11m.
“Game changing” Crossrail to add 13% to house prices – CBRE
Europe’s biggest infrastructure project - London's Crossrail - will have a "two-fold" effect on property, opening up new districts and causing house prices along its route to rise by 13% (£60,000) by…
Battersea Power Station penthouses to go for £25-30m
SP Setia is apparently planning to flog the penthouses at Battersea Power Station for up to £30m.
Stiff competition could spell profit squeeze for London’s prime resi developers
20,158 prime resi units (over £1,250 psf) could be delivered in London over the next ten years, with project activity peaking in 2017 and a combined sales value of over £50bn, according to the latest…
Canadian High Commission: Fenton Whelan joins £250m fray
Another big hitter has joined in the ruckus for the £250m Canadian High Commission building in Mayfair.
Battersea Power Station bags £790m in development finance
In one of the biggest property finance deals of the year, Battersea Power Station's development manager has closed on £790.2m in syndicated development and land financing facilities.
“Most perfect house in the British Isles” up for auction with £250k-£500k guide
It's very rare to see an entire estate go up for sale by auction. It's blue moon time when it includes a property of the stature of Halswell House. Let alone with a guide price of £250k-£500k.
Almacantar signs-off on super-prime resi units for Marble Arch Tower
Rafael Viñoly's £500m-ish mixed-use plans for Almacantar's new-look Marble Arch Tower have apparently been finalised, with the proposed development involving the demolition of the existing 1960s tower…