Interiors: How to commission a tapestry and why they’re making a surprising comeback in British homes October 4, 2017 The lengths some people will go to for a wedding. In 2013 Prince Albert II of Monaco paraded his bride along a red carpet 103 metres long and weighing a mighty 1.3 tons. And it wasn’t just any old red carpet – it was a hand-tufted commission from the artist Jan Kath, whose work is [...]
£1bn Northern Line extension under threat as TfL fails to reach a deal with Battersea developers September 28, 2017 A critical part of Transport for London's (TfL) £1bn extension to the Northern Line may remain mothballed until it can resolve a dispute over financing with Battersea Power Station's developers, one of its chiefs said today. Stuart Harvey, TfL's major projects director, told the London Assembly's budget and performance committee that keeping Battersea Station closed [...]
A life off-grid with no energy bills is closer than you think. Here’s what the future has in store for sustainable homes September 26, 2017 "Right," says eco-developer Sam Budhdeo, rubbing his hands together. “We think we have the solution to climate change.” As openers go, it’s a bold one, but not quite as outlandish as it sounds. The housebuilder who successfully cracks the code to building sustainably – and affordably – would be solving a large part of the [...]
The Shard skyscraper has won a new letting as Mitie moves offices September 12, 2017 The Shard, one of London's most iconic skyscrapers, today confirmed office lettings totaling 39,967 square feet. Outsourcing services firm Mitie Group will become the 31st business to move into the 310-metre-high Shard in the first quarter of 2018. The company has agreed a 15-year lease to take the entirety of level 12, which is 29,824 [...]
Focus On Streatham: Where house price growth is nearly 9 per cent year-on-year, twice the London average September 4, 2017 If you have an SW postcode, think of yourself as one of the lucky ones. The average home in south west London now costs over £1m and it’s long been home to some of the most expensive streets in the country. But there is a way to live in an SW postcode without being a [...]
It’s official: A £90m Knightsbridge flat is the most expensive home on record August 31, 2017 The £90m purchase of an apartment in Knightsbridge is the most expensive residential property transaction ever recorded by the Land Registry, it turns out. Capital FM owner Ashley Tabor bought the massive four-bedroom penthouse flat at 199 Knightsbridge in April this year, with plans to knock it through into the apartment he owns next door [...]
Online estate agent Emoov raises £9m in latest funding round August 21, 2017 Online estate agent Emoov has raised £9m in its latest investment round, Morning Wire can reveal. The group said the new injection of funding brings its enterprise value to £40m. Emoov is planning to plug the money into its technology platform and marketing. The company said the latest fundraising included personal involvement from Gaby Salem [...]
Focus On Brixton: David Bowie, buzzing nightlife and honest burgers keep average house prices at around £550,000 July 27, 2017 In many ways, Brixton is the capital of south London. With its excellent transport links into central London and exhaustive range of shopping, dining and nightlife options, if you didn’t have to work, you probably wouldn’t need to leave. It even has its own currency. Over 250 businesses accept the Brixton Pound and around £50,000 [...]
The Walkie Talkie has been sold for £1.3bn to a herbal medicine maker July 27, 2017 One of London's most iconic buildings has been sold for just shy of £1.3bn – to a Hong Kong-based herbal medicine maker. Land Securities said today its joint venture with Canary Wharf Group had sold the Walkie Talkie, known officially as 20 Fenchurch Street, to LKK Health Products Group for £1.28bn. Canary Wharf put its [...]
Profits at Foxtons have fallen 64 per cent July 27, 2017 Will there ever be a let-up for Foxtons? Shares in the troubled estate agent fell in early trading after it admitted profits had dived in the first half. The figures Pre-tax profits fell 64 per cent in the six months to the end of June, the London-focused estate agent said today, from £10.5m last year [...]