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News

Johnson praises Westfield's Olympic scheme | 02 Sep 2008

Mayor Boris Johnson has praised developer Westfield's Olympic regeneration scheme.Mr Johnson visited the Stratford City project in east London, located next to the site that will feature the 2012 games, ......

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NAV drops at Derwent | 01 Sep 2008

Derwent London has announced its half-year results and reported a 9.1 per cent drop in net asset value (NAV).Despite the fall its results outperformed the Investment Property Databank's (IPD) West ......

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Council says developer should reduce barrack development | 01 Sep 2008

Westminster Council has said the proposed development of Chelsea Barracks as luxury residential flats should be scaled down, Property Week has reported.Its first planning report advised developers to consider the ......

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Kleinwort will face banking cutbacks | 01 Sep 2008

Dresdner Kleinwort is expected to announce significant cutbacks following the sale of its parent firm to Commerzbank, it has been reported.Jobs are likely to go at the historic banking firm ......

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Luxury brands fill London let | 29 Aug 2008

Luxury brands have almost filled Westfield London's scheme ready for its opening on October 30th, it has been reported.Prada, Gucci and Christian Dior have taken space in a luxury 'village' ......

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Development Securities stops 'Strawberry' growth | 29 Aug 2008

Development Securities has been forced to stop development of its Hammersmith Grove office development nick-named "the Strawberry".The developer has struggled to raise sufficient funding and recently reported a £14.4 million ......

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Value engineering forces architect to quit Olympics development | 29 Aug 2008

Ian Ritchie Architects has quit the London Olympics development project amid continued quality fears.It has been reported it withdrew from the project following concerns the 3,000-home scheme is being value ......

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Firms need more environmental awareness | 28 Aug 2008

Businesses are still not taking the issue of the environment seriously enough, according to a new survey. The study by TFM Networks found that British firms are not always ......

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Concerns raised over empty property tax | 28 Aug 2008

Commercial property giant Segro has expressed concerns about the government's new tax on companies with empty buildings. The changes came into force in April of this year but Segro ......

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Waterloo set for regeneration | 28 Aug 2008

Contracts are close to being awarded to the design teams who will be in charge of regenerating London's Waterloo area, it has been reported. The station and its surrounding area ......

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