Flexible workspace provider Breezblock has extended its lease at St Magnus House on Lower Thames Street opposite London Bridge.

Local Space, the housing association that specialises in the provision of accommodation for key workers and those facing homelessness in east London, has secured a £61m private placement agreement with MetLife Investment Management.

A trade body representing hundreds of businesses and landlords in London’s West End has called for urgent action to revive “overlooked” areas of the district such as Charing Cross Road and St Martin’s Lane.

Savills’ head of London residential development Dominic Grace is to leave the business after almost four decades to set up his own consultancy, Property Week can reveal.

Luxury later-living provider Auriens is considering a move away from its typical city centre locations, according to its chief executive David Meagher.

Property investment volumes in the City of London soared to £558.50m in May, up 307% on the £181.9m achieved in April, according to data from Savills.

Cain International has agreed a £170m development loan with Ballymore and Oxley for the delivery of Deanston Wharf, a 768-unit residential scheme in the Royal Docks, east London.

Social media giant Snap Group has chosen HB Reavis’s Bloom as its new London HQ, where it is set to occupy 114,000 sq ft at Bloom as part of its office expansion.

The London Property Alliance has hired Alexander Jan as its chief economic adviser.

Student Urban Living Bermondsey has mandated GRAHAM to build a £13m student accommodation block in Bermondsey Spa Gardens, Southwark, south-east London.