Stanhope and Perennial revive plans for City’s tallest ‘Trellis’ tower
Singapore-based developer Perennial Group and development manager Stanhope are planning to submit reworked plans to build the City of London’s tallest tower.
WeWork collapse poses £3bn threat to UK landlords
British landlords could lose more than £3bn if WeWork, London’s biggest private occupier, collapses.
Third Space to open trio of London health clubs
Luxury health and fitness club operator Third Space has acquired three new locations in London and is set to open clubs in Clapham Junction, Richmond and at The Whiteley in west London.
China walks away from London super embassy plans
China has shelved plans to build a new ’super’ embassy in London at the old Royal Mint near Tower Bridge.
Orega to open flexible workspace at 51 Lime Street
Flexible workspace provider Orega has completed a new management agreement with WTW to create a high-spec flexible workspace at 51 Lime Street in the City of London.
Barnet Council acquires 249-home affordable rent scheme from Redrow
Barnet Council has acquired a 249-home affordable rent scheme from housebuilder Redrow at its flagship north London community.
CLAS acquires London and Dublin hotels for £300m to ‘capitalise on travel recovery’
Singaporean real estate investment manager CapitalLand Ascott Trust (CLAS) has acquired The Cavendish London hotel and Temple Bar Hotel in Dublin, and a serviced residence in Jakarta for a combined price of S$530.8m (£306.5m).
CLAS acquires London and Dublin hotels to ‘capitalise on travel recovery’
Singaporean real estate investment manager CapitalLand Ascott Trust (CLAS) has acquired The Cavendish London hotel and Temple Bar Hotel in Dublin, and a serviced residence in Jakarta for a combined price of S$530.8m (£306.5m).
Valor agrees to pay £146m for Lothbury's west London industrial estate
Valor Real Estate Partners has agreed terms to buy the Tera 40 industrial estate in Greenford, west London from Lothbury Investment Management for around £146m.
CBRE appointed to sell UK cinema portfolio
CBRE has been appointed to sell a portfolio of eight cinemas comprising two luxury boutique Tivoli cinemas, five multiplex cinemas and one standalone cinema.