UK charity Mencap has sold its long-term London headquarters for an undisclosed sum and is preparing to move to a new site for the first time in 50 years.

Housing secretary Michael Gove has written to mayor of London Sadiq Khan calling for a review of housebuilding in the capital following the Greater London Authority’s (GLA’s) failure to hit housing targets.

Flexible workspace provider Fora has reached an agreement with LaSalle Investment Management (IM) to open a new location at Sixty London Wall, expanding its co-working offering in the City of London.

Middle Eastern investment into central London offices is the busiest it has been since pre-pandemic levels, according to BNP Paribas Real Estate research, with prime West End locations the ‘hottest’ in terms of pricing.

Middle Eastern investment into central London offices is the busiest it has been since pre-pandemic levels, according to BNP Paribas Real Estate research, with prime West End locations the ‘hottest’ in terms of pricing.

Alternative Income REIT, owner of a diversified portfolio of UK commercial property assets predominantly let on long leases with index-linked rent reviews, has acquired a Virgin Active leisure club for £5.1m.

LXi REIT and LondonMetric Property have confirmed they are in discussions over a possible all-share merger of the two companies to create a firm valued at £3.9bn.

Transport for London (TfL) has secured an agreement with the government today (18 December) for a capital investment fund of £250m over 2024.

BNP Paribas Real Estate Investment Management (REIM) has acquired 25 Victoria Street, a Grade A building in central London, for £42.5m, marking the first UK acquisition of its European Impact Property Fund (EIPF).

Affordable housing developer Pocket Living has sold two rental assets in London, worth a combined £70m, which provide 257 homes, the majority for discounted rent.