The latest Planning, development and Construction News http://www.devono.com/ 2010-03-10T00:00:00Z The land formerly occupied by the Middlesex Hospital in London’s Fitzrovia is to be placed on the market. The 12,000 square metre site has stood unused for over two years, since the hospital was demolished. The current owners, the government-backed Icelandic bank Kaupthing, hope that it will sell for more than £100 million. This means ... http://www.devono.com/News/Kaupthing-sells-London-hospital-site/19035230/ 2010-03-01 17:03:48 Land Securities are said to be reconsidering plans to start work on their 500-foot London skyscraper, known as the Walkie-Talkie. The project – in common with many other new developments – was mothballed in 2008 when the commercial property market took a turn for the worse and the recession caused most large property companies to recons... http://www.devono.com/News/Walkie-Talkie-back-on-again?-/19035229/ 2010-02-27 09:02:07 The new development at Two Kingdom Street in Paddington has effectively been completed. The scheme is a joint venture between international real estate group Quinlan Private, property development and investment company Development Securities, and pension group Aviva’s asset management arm, Aviva Investors. The scheme comprises a total of aro... http://www.devono.com/News/Paddington-Central's-Two-Kingdom-Street-finished/19035226/ 2010-02-20 08:02:08 Land Securities, the largest property developer in Europe, has confirmed it will be making a series of major new investments in order to take advantage of the forecast pickup in the London office space market. The REIT will be spending more than £650 million on three developments in London’s West End. The largest, Park House on Oxford ... http://www.devono.com/News/Land-Sec-invests-in-recovery/19035214/ 2010-01-17 20:01:46 City insiders have warned that the 50 percent tax levied on bankers’ bonuses is likely to lead to an exodus of talent from London. JP Morgan is said to be one of the banks forced to reconsider whether to maintain a significant London presence in the aftermath of the banking crisis and increasing regulation. The decision includes second thoug... http://www.devono.com/News/Bonus-tax-may-spell-end-for-new-JP-Morgan-building/19035204/ 2009-12-27 14:12:15 Renzo Piano’s bold new development at London's Central St Giles is almost complete, with the last two cranes still on site scheduled to be removed before the Christmas shut down on 24th December.  The most striking feature of the £75 million mixed-use scheme is its brightly-coloured ceramic exteriors. In addition to the 375,000 sq... http://www.devono.com/News/Green...-orange...-yellow-office-space-nears-completion/19035203/ 2009-12-19 16:12:33 A new initiative has been launched to publicise 21,000 square feet of grade A office space along the riverside at London's 6 Mitre Passage. The project, named ‘Destination Greenwich’, has been designed by Greenwich Council to promote the business scheme at Peninsula Central, which is currently under development. The council hopes to ra... http://www.devono.com/News/Starting-gun-fires-on-Olympic-offices/19035192/ 2009-11-23 14:11:57 Make Architects have been chosen by property development and investment company Hammerson to design a new scheme for a 77,500 square-foot site on London Wall, on which they signed an option agreement earlier this year. Make was started by Ken Shuttleworth in 2004 and has offices in Birmingham, Beijing, Dubai and Abu Dhabi as well as London. The fi... http://www.devono.com/News/Make-to-design-new-Hammerson-development/19035190/ 2009-11-19 16:11:06 Within the next few days Canary Wharf’s HSBC tower will change hands for the third time in only two years. Spanish property company Metrovacesa purchased the tower for a staggering £1.1 billion when the market was at its peak two years ago. However, financial issues led Metrovacesa to sell the building back to HSBC not long afterwards ... http://www.devono.com/News/Pension-fund-to-buy-HSBC-tower-outright/19035188/ 2009-11-15 17:11:30 Land Securities has put its money where its mouth is by designating £200 million for new building schemes next year. The money will be used for two significant mix-used developments, which will include retail, residential and office space – all without bank funding. Land Sec, the UK’s largest property developer, appears confident ... http://www.devono.com/News/Land-Sec-earmarks-millions-for-London-developments/19035185/ 2009-11-09 22:11:17