URW reports 21.6% UK shopping centre rental growth for Q1
UK shopping centres Westfield Stratford and Westfield London outperform US and French centres.
UK shopping centres Westfield Stratford and Westfield London outperform US and French centres.
Rental income at Westfield Stratford and Westfield London rose by 21.6% to £25.6m.
The project will also provide 42 affordable homes and 19,000 sq ft of workspace.
Q1 2024 was the fifth worst quarter on record for office sales in London.
A total of 29,688 new homes could be delivered across the capital if schemes awaiting planning are approved.
Around 186,000 sq ft of space in London, Oxford and Cambridge was let in Q1 2024.
The tower in Ealing will include communal and commercial spaces with public realm enhancements to the local area.
Sports betting and IT consulting firms will relocate their London headquarters to the development.
The organisation has said London needs to “jump-start the economy” to assert itself as a world-leading destination for investment.
MLM Crayford will deliver three new buildings ranging from 34,000 sq ft to 170,000 sq ft.