Money from Hong Kong, where property investors are spooked by political protests, will be used on a £81 million purchase of an office block in the Square Mile, it emerged on Wednesday. Property investor Goldstone Commercial, backed by Hong Kong capital, has agreed to buy the Forum building, which overlooks St Paul’s Cathedral, from Aviva […]

International Workplace Group (IWG) chief Mark Dixon is said to be mulling a possible spin off of the company’s US arm as part of a separate £3bn float in New York.  The business founder is reported to be in very early stage talks with bankers about a possible listing, which would turn the Regus-owner into […]

Property giant Landsec on Monday kicked off the hunt for tenants to occupy its major office development behind the capital’s Piccadilly Circus lights.  The FTSE 100 firm is creating more than 110,000 sq ft of offices, as well as shops and a rooftop restaurant at the site, which will be known as Lucent. Construction on […]

The property firm founded by the late Greek-Cypriot billionaire Christos Lazari — who came to Britain with £20 in his pocket — has seen the value of its London empire swell to £3 billion.  Lazari Investments’ portfolio of offices, shops and hotels in the West End and north London, rose 2.2% in the year to […]

A Middle Eastern investor is closing in on a £60 million deal to buy the Shoreditch head office of a New York digital advertising agency. Sources told the Evening Standard the private buyer has shrugged off Brexit jitters in the London office market to buy the 99 Clifton Street office from UBS’s Triton property fund. […]

A Hong Kong-based licensing firm, which distributes Barbie, Calvin Klein and Karen Millen goods, is set to open a new European head office in White City. Global Brands Group, which develops, markets and sells products as a licensee, and its sister logistics company Li & Fung, are taking 50,500 square feet at the WestWorks building […]

Construction of affordable homes for staff and students to take place over next decade Legal & General has teamed up with Oxford University in a £4bn partnership to build science parks and thousands of homes for staff and students over the next decade. The insurance and pensions group will build 1,000 subsidised homes for university […]

Co-working giant WeWork is close to sealing its biggest site in Europe, moving into Goldman Sachs’ Fleet Street headquarters. Property sources said that the firm – which is plotting one of the biggest floats of the year – has gone under offer to take Peterborough Court, which will be vacated by the investment bank later […]

Acting on behalf of a private investor client ISI have successfully re-let the former Maplin store at 12 – 14 Church Street Enfield comprising over 3,300 sq ft on ground floor and basement. The new tenant British Heart Foundation ( over 500 UK stores ) took a 10 year lease at an initial rent of […]

‘I’m having more fun than any 88-year-old anywhere’ Buffett, 88, endorsed Britain by welcoming chance to invest in ‘trusted’ system He said Britain’s departure from EU had no bearing on his willingness to invest Buffett’s firm Berkshire Hathaway previously had stake in supermarket Tesco His firm also owns Northern Powergrid, which delivers electricity to homes […]