The Duke of Westminster’s property empire, Grosvenor, has orchestrated a landmark deal by selling a £306 million stake in its prestigious Mayfair estate to Norway’s sovereign wealth fund, marking a
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The traditional office leasing landscape in London is experiencing a significant transformation as major landlords pivot towards offering fully managed, amenity-rich workspaces. This shift reflects the growing demand for flexible
House prices across vast areas of London experienced notable declines in 2024, with several prestigious boroughs witnessing substantial falls as buyers demonstrated reluctance towards the capital’s premium-priced properties. Data from
British rental houses are experiencing unprecedented investment levels from private equity firms and pension funds, with deployments reaching historic highs over the past two years amidst escalating demand and an
The positive trend of increasing girls’ education in developing nations has led to an unexpected economic challenge in the housing market. As more women enter the workforce with higher qualifications,
Property heavyweight Landsec is orchestrating a significant portfolio reshaping, with plans to divest its remaining retail parks in early 2025. The FTSE 100 property giant’s strategic move, spearheaded by Chief
In a bold move that defies post-pandemic scepticism, M&G’s With-Profits fund has demonstrated unwavering confidence in the commercial property sector with its £900 million investment in 40 Leadenhall Street, a
In a significant move that underscores confidence in prime retail locations, Land Securities has acquired a 92 per cent stake in Liverpool One for £490 million. The FTSE 100 property
The property market’s standoff between buyers and sellers has claimed another high-profile casualty as Blackstone’s £300 million bid to acquire London’s distinctive “Can of Ham” skyscraper collapses. The deal’s failure
Shareholders in the embattled property firm Home Reit have received a lifeline from distressed asset specialist Southey Capital, which has launched a bid valuing the company at £32 million. The
St James’s Place (SJP) has charged its property fund investors over £47 million in fees since freezing withdrawals in October 2023, equating to more than £100,000 daily. The wealth management
Britain’s largest wealth manager, St James’s Place (SJP), has announced plans to liquidate £1.84 billion worth of commercial property funds, marking a significant retreat from the real estate sector amidst
In a significant property deal, THG co-founder Matt Moulding has successfully completed the sale of his Manchester airport business park for £180 million to RN3 Partners. The transaction marks the
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