The MSG Sphere, an arena in the form of a giant orb earmarked for a site in Stratford, East London, described by West Ham MP Lyn Brown a “monstrosity”, has moved a step closer to gaining approval.

LondonMetric’s chair Patrick Vaughan is set to step down from the board with effect from 11 July 2023.

Asset manager and investor Addington Capital has sold a mixed-use scheme in east London to developer Property Development Solutions Europe (PDSE) for £12m.

Developer and asset manager Morgan Capital has gained planning approval to renovate the 25 Hanover Square office building in London’s West End.

Bank of London and The Middle East (BLME), a wholesale Sharia’a-compliant bank based in London, has acquired the National Crime Agency’s 136,444 sq ft headquarters building in Warrington, Cheshire, for £40.6 m.

Foxtons, the London estate agency firm, has told investors that it expects 2022 revenue and profit to be ahead of expectations.

London estate agent group Dexters has agreed a £29m deal to buy Marsh & Parsons from LSL Property Services.

Teesside University has launched a new campus at Here East in London’s Olympic Park, adding to the number of universities and students based at the innovation and tech facility.

Residential developer HUB has launched HubCap, a vehicle to acquire redundant commercial buildings for retrofitting into modern living options including aparthotels and co-living.

Virtual reality firm Sandbox VR has selected Bullring & Grand Central, Birmingham’s largest shopping centre owned by property giant Hammerson, for its largest site and first UK location outside London.