@PeterProperty on the future of the LondonMetric LXi Reit merger
In 2009, British Land retail boss Andrew Jones walked out with two colleagues to set up LondonMetric.
In 2009, British Land retail boss Andrew Jones walked out with two colleagues to set up LondonMetric.
The European Union faces a potential bill of £400m for an empty London office it vacated in 2016 in the wake of Brexit and sub-let to WeWork, following the flexible workspace giant’s bankruptcy in the US.
LondonMetric has agreed a £1.9bn takeover of Nick Leslau’s LXi REIT in a deal that will create the UK’s fourth largest REIT with net tangible assets of £4.1bn.
Facebook parent company Meta is leaving its London headquarters at One Rathbone Square in a dramatic reduction of its UK office footprint.
Sainsbury’s has abandoned plans to redevelop a supermarket in Whitechapel, east London, where it also intended to build almost 1,000 homes and a hotel.
A wave of energy-inefficient office stock is set to hit the London market, with up to 11.9m sq ft of space with an Energy Performance Certificate (EPC) of ’C’ due to be released by 2027, according to research from CBRE UK.
The US developer behind plans for the highly controversial Sphere venue in east London has pulled its planning application, dubbing the process “a political football between rival parties”.
Logistics developer Prologis UK has secured planning permission for four new units in a second phase of development at Prologis Park Beddington in Croydon, south London.
Archer Hotel Capital has acquired two hotels in Hoxton, east London from hospitality firm Ennismore in a £215m deal.
CBRE-owned residential developer Telford Homes, along with joint venture partner Poplar HARCA, has appointed Way of Life to manage 28-storey block of flats Balfron in Tower Tower Hamlets, east London.