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Industry News | Planning, development and Construction |
DeVono News |
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British Land publish encouraging result | 19 May 2010
British Land published very positive results on Tuesday, including pre-tax profits of £1.13 billion and a portfolio rise of 13.5 percent for the year. This was the first increase since the prope ...
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Cheese Grater back on the agenda | 17 May 2010
REIT British Land has reactivated plans for a new sky scraper in the City of London. The building, which will stand on the site of 122 Leadenhall Street, has been nicknamed the ‘Cheese Grater&rs ...
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British Land re-purchases West End property | 27 April 2010
British Land has bought a site on Baker Street from construction company McAleer & Rush for £29 million. They will use the land for redevelopment, retaining the firm a contractors whilst the ...
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Anticipated Office Space Shortage Stimulates Development | 19 April 2010
The demand for London office space is predicted to outstrip supply soon. With many London office developments shelved or on hold due to the recession, the anticipated shortfall may occur as soon as 20 ...
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Tower 42 for sale | 15 April 2010
The City of London’s tallest completed tower is expected to be put up for sale later this week. The asking price for Tower 42, originally known as the National Westminster Tower, is thought to b ...
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Joint project to realise 800,000 square feet | 10 April 2010
Great Portland Estate has entered into a joint venture with Brookfield Properties to create a commercial property that will comprise more than 770,000 square feet of grade A London office space, as we ...
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Pinnacle Construction to begin soon | 01 April 2010
Construction of ‘The Pinnacle’ skyscraper – also known as the ‘Bishopsgate Tower’ and the ‘Helterskelter’– is close to beginning thanks to an imminent f ...
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Minority Stake in Battersea Power Station For Sale | 22 March 2010
A minority stake in Battersea Power Station is up for sale in order to finance the site's proposed regeneration project. The derelict building has been the subject of various plans for development sin ...
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Derwent expects up to 10 percent rent rises | 19 March 2010
Britain’s sixth-largest Real Estate Investment Trust, Derwent, is renewing its efforts to cash in on the soaring value of London commercial property. The company’s net asset value rose 18 ...
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First Major Offices to Achieve 'Outstanding' BREEAM Rating | 17 March 2010
The London offices of Pricewaterhouse Coopers are the first major offices in the UK to be awarded the BREEAM ‘Outstanding’ rating, the highest rating awarded under the BRE Environmental As ...
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