Oxford St vs the Square Mile: a tale of two cities Opinion The Square Mile has reinvented itself in recent years, but West End politicians must stop blocking common sense if Oxford Street has a chance of mimicking the City’s success, says Andrew Teacher Back when Netflix was still posting DVDs through letterboxes, the £6m Marble Arch Mound would have handed the writers of Brass Eye and [...]
Grosvenor estate: Ministers don’t get ‘basic economics’ Property The Duke of Westminster’s multi-billion pound estate has chided ministers for failing to grasp “basic economics” in their bid to tackle the housing crisis. Mark Preston, who represents the business interests of Hugh Grosvenor, the seventh Duke of Westminster and owner of a Mayfair property empire, said the government risks choking housing supply if it [...]
Is it high time to buy in super-prime London? July 15, 2025 London’s super-prime market has been suffering from a glut of supply in the wake of damaging decision-making from successive governments. Ali Lyon asks, is the tide beginning to turn? To take a walk down Mayfair’s historic Upper Grosvenor Street is to be confronted by a quiet, but dramatic, changing-of-the-guard afoot in one of London’s most [...]
Norwegian oil fund buys a quarter of Covent Garden from Shaftesbury March 20, 2025 Shaftesbury Capital has sold a quarter of Covent Garden to Norwegian oil fund Norges for £570m in the latest bet by Noway’s sovereign wealth fund on the capital. Under the terms of the contract, Norges Bank Investment Management (NBIM) will buy a 25 per cent non-controlling stake in the £2.7bn Covent Garden estate, which Shaftesbury [...]