Saudi Arabia’s sovereign wealth fund is set to buy a 49% stake in luxury hotel group Rocco Forte Hotels for around £590m, according to a report in the FT.

Allied Irish Bank (AIB) is to move to enlarged head office premises at 70 St Mary Axe in the City of London, also known as the ‘Can of Ham’, from its current site on Undershaft, as it seeks to support sustainability aims.

Developer London Square has bought a residential development opportunity with a GDV of £50m in Kingston Upon Thames, south-west London from NHS Property Services (NHSPS).

Premier League football club Crystal Palace is seeking to raise £45m to fund the redevelopment of its stadium in south east London, according to a report from Bloomberg.

UAE-based real estate group Aldar Properties has completed the acquisition of UK residential developer London Square.

UAE-based real estate group Aldar Properties has completed the acquisition of UK residential developer London Square.

A supermarket in Fulham, south-west London and a well-known pub in South Woodford, in the east of the capital, both guided at £1.4m, are among the 35 lots lined up for Acuitus’s commercial property auction on 13 December.

Housing secretary Michael Gove has intervened after mayor of London Sadiq Khan rejected plans to develop the proposed Las Vegas-style 21,500-capacity entertainment venue in Stratford, east London.

Property investor and developer TT Group has submitted plans to redevelop the vacant Ravenscourt Park Hospital in Hammersmith, west London into a mixed-use scheme with 140 homes.

A freehold residential block in east London, an industrial unit in Watford, and a supermarket in Ivybridge, Devon are the lots with the highest guide prices in online auction specialist BidX1’s final catalogue for 2023, with the sale taking place on 14 December.