British Land's chief executive heaps praise on the coalition Government's planning policy and its work to approve the new £850 million UBS building at Broadgate... more
The advertising industry gave a good send-off to Hamish Pringle, departing director-general of the Institute of Practitioners in Advertising, with a party at the Royal Horticultural Halls in Westminster last night - complete with tubes of Pringles crisps, of course... more
English Heritage dealt a blow to plans for investment bank UBS' new £340 million headquarters at Broadgate today after recommending the listing of the two buildings on the site.... more
Developer British Land is hoping to avoid an unexpected spanner in the works from English Heritage this week over its new £340 million headquarters for UBS at Broadgate... more
Property: It is not surprising that Francis Salway and Chris Grigg have agreed on the start date for the London development cycle to begin again: Now... more
There is dismay at Westminster that Twinings, the quintessentially English tea brand that is a subsidiary of Associated British Foods, is relocating much of its production to Poland... more
Property giant British Land revives its plan to build the “Cheesegrater” tower in the Square Mile, a sign that the banking crisis is over and that confidence is returning... more
Metric Property boss, Andrew Jones, seemed cheerful enough at lunch on Monday, despite a feeling in the air that the commercial property market is sinking slightly... more
Landlord and developer British Land says the recovery in the property market is running out of steam as government austerity measures take their toll... more
British Land swings back into profit as it books the first full-year increase in the value of its portfolio since the property bubble burst three years ago... more
The London stock market bounced back from yesterday’s sell-off and were changing hands at a new high for the year amid signs that the global recovery has accelerated ... more
Chris Grigg is in deep trouble. The 49-year-old former banker, who joined British Land as chief executive in January, has lost three members of the eight-strong team which runs the UK’s second-biggest property company day-to-day. It gets worse. The three defectors run the entire retail side of business, which accounts for 56% of the £8.6 billion portfolio.
... more
British Land finally sells half its stake in City of London office complex Broadgate - giving it the firepower to embark on a £1 billion spending spree.... more
Developer and landlord British Land today stoked hopes that the worst of the property slump is over but remained tight lipped over the expected sale of half its Broadgate office estate in the City
... more
Japanese financial group Mitsubishi agreed to relocate two subsidiaries in the City of London in the biggest deal for the commercial property market this year... more
British Land yesterday produced a set of third-quarter results that pretty much guarantees new chief executive Chris Grigg won't match the £948,000 bonus paid to his predecessor Stephen Hester last year.... more
Property: UK property heavyweight British Land is looking to raise £740 million of equity through a two-for-three rights issue it hopes will quell the risk of a financial covenant breach and bankroll an opportunistic acquisition spree... more
Property: Beleaguered property developers British Land and Land Securities are to sell stakes in two of Britain’s biggest shopping centres for £750 million to help pay off debts
... more
Tonight:
3°c
