British Land confirmed it had received a payment of £149m, equivalent to about seven years’ rent, from social media giant Meta, which surrendered the lease it had agreed for the former’s 1 Triton Square in London’s Regent’s Place.

London-based luxury health and fitness brand Third Space has secured £88.5m of funding from OakNorth and Searchlight Capital Partners to support its business plan and the opening of additional clubs.

London office values are correcting faster than almost every counterpart market in Europe, new data analysed by BNP Paribas Real Estate has found.

CLS, the London-based office space specialist, has appointed telecoms expert Eva Lindqvist as an independent non-executive director.

Housing secretary Michael Gove has rejected Great Portland Estates’ (GPE) plans to redevelop two large London office towers at its giant New City Court scheme in Southwark.

A three-storey freehold commercial site in Ilford, east London, went for nearly three times its guide price at Strettons’ September property auction, which saw a total of £7.6m raised.

West London NHS Trust has hoisted the ‘for-sale’ sign over Old Broadmoor Hospital, which has potential for redevelopment as a ‘working village’ under the area’s local plan.

Transport for London (TfL)-owned TTL Properties has been rebranded Places for London as part of its plans to develop up to 20,000 homes across the capital alongside Network Rail over the next 10 years.

Real estate investment firm Yoo Capital has announced plans to restore The Saville Theatre in London’s West End and make it the permanent UK home of the Cirque du Soleil Entertainment Group.

Luxury hotel-style student accommodation developer Study Inn Group has appointed Andrew Jamieson as managing director of strategic growth, as it seeks to expand its portfolio to 10,000 rooms by 2028.