Canary Wharf Group tops 250,000 sq ft of office space leased this year August 6, 2025 Canary Wharf has announced two new major leasing deals, taking the total amount of space leased this year to 250,000sq ft. Banco Bilbao Vizcaya Argentaria (BBVA) will extend their office footprint to 60,000 sq ft and extend its lease at One Canada Water until 2035. SmartestEnergy, which helps companies navigate the energy transition, will lease 20,000sq [...]
Rightmove profits rise amid rental and commercial property growth July 25, 2025 Britain’s largest property portal, Rightmove, posted a rise in revenue and profit on Friday, buoyed by estate agents upgrading marketing packages and growing demand across its rental and mortgage arms. The FTSE 100 firm told the market that revenue rose 10 per cent to £211.7m in the first half of 2025, up from £192.1m last [...]
Bedding in: Would you sleep in the office? June 13, 2025 Flexible workspace provider Office Space in Town (OSiT) has launched five bedrooms at its Monument site. The company said it has noticed “increasing numbers of commuters wanting to play late in the city and skip the morning rush hour.” Employers have long been searching for new and innovative ways to bring their staff back into [...]
Mid-week office working back to pre-pandemic levels, says British Land May 22, 2025 Property giant British Land has said that mid-week occupancy in central London offices has returned to its pre-pandemic level, more than five years after the start of the work-from-home mandate. It said that lack of high-quality office space has contributed to record rents in the sector. “Return to the office is in full swing… the [...]
Zoopla: Rightmove rival handed £500m price tag April 30, 2025 Online property portal Zoopla has been put up for sale with an asking price of around £500m, it is understood. The company, which was launched in 2008, has put on the market by Silver Lake Partners which has owned the group it forms a part of following a £1.6bn deal in 2018. That group also includes [...]
Demand for London offices hits post-financial crisis high April 14, 2025 Demand for office space in Greater London and the South East rose to its highest first-quarter level since the financial crisis in 2025, according to new data. Around 1.2m sq ft of space was let in London during the first quarter of 2025, up 39 per cent on the final quarter of 2024, according to [...]
Knight Frank makes the City its global headquarters April 8, 2025 Knight Frank, the global asset management and real estate giant, has signed a deal to relocate its global headquarters to Canada. The business will relocate from its current HQ at London & Regional’s 55 Baker Street in the West End, where it has been since 2008, to One Liverpool Street after penning an [...]
Tallest UK skyscraper outside London to be approved April 3, 2025 Plans to build the tallest skyscraper in the UK outside of London have been recommended for approval. Developer Salboy, which was co-founded by Betfred billionaire Fred Done, is behind the proposals which would see a 76-storey building constructed in Manchester city centre. The £360m project, known as Viadux 2, has been earmarked for land between [...]
Vauxhall: £400m plans revealed for closed factory after 1,100 jobs lost April 3, 2025 The site of Vauxhall’s van manufacturing plant in Luton, which has just closed with the loss of 1,100 jobs, has been bought by a global property company pledging to invest £400m. Australian giant Goodman has acquired the site in Kimpton Road, which Vauxhall owner Stellantis slated for closure in November last year. The group said it [...]
London’s commercial property sector is suffocating March 31, 2025 A combination of environmental regulations and falling office attendance means commercial property is struggling and the Spring Statement was a missed opportunity to turn it around, says Dan Drogman The UK’s commercial property sector is being strangled from all angles, and this year’s Spring Statement was a missed opportunity to relieve that pressure. Let’s start [...]