Booming demand for West End shops and offices meant a strong surge in the value of Great Portland Estates' London-based portfolio over the past three months... more
How does British Gas phrase its press release today, announcing an 18% hike in the cost of gas bills? "British Gas gives customers Three Clear Ways to Beat Rising Energy Prices Announced Today," it says. Optimistic doesn't quite cover it... more
The West End's prestigious Hanover Square is in line for a major £500 million development featuring six luxury flats which could fetch £20 million between them... more
In the hut where I got booted and safety-suited before touring Westfield's Olympic-sized mall at Stratford on Wednesday, a note lay by a pair of tan boots indicating they were for Joseph Wan, chief executive of Harvey Nichols... more
Great Portland Estates paves the way for the next stage in the revamp of Oxford Street's tired eastern side with plans for a £100 million development... more
Great Portland Estates grows its London property portfolio to £1.46 billion, buoyed by higher income as tenants seek its more affordable office space... more
Market Round-up: The cabin crew strikes may be a nightmare for British Airways customers, but one broking heavyweight reckons it has given investors a chance to snap up the airline’s shares on the cheap... more
Market Round-up: Further evidence of a recovery in the commercial property market boosts the nation’s biggest landlords today, as brokers also give the sector a thumbs up... more
London landlord Great Portland Estates today reported the first rise in property values since the start of the crash as the market in the capital turned the corner ... more
London landlord Great Portland Estates (GPE) today reported the smallest fall in commercial property values for a year — adding to hopes the worst of the slump has passed ... more
US investment bank JPMorgan expects some clear winners to emerge from the commercial property market during the coming months, and has raised share price targets by an average of 5% for the first time in two years... more
The Westminster Property Association is not known for its largesse. That is perhaps why Boris Johnson's eyebrows disappeared under his fringe on Tuesday when he was offered cash to spruce up the West End by a group whose members have given a less-than-generous response to his demand to pay a £20-per-square-foot development levy for Crossrail.... more
Imagine, if you will, for one delicious moment, you have £9.6 billion in the bank. Then imagine on Monday you buy the entire share capital of seven big property companies in a daring dawn raid... more
HSBC has cast its expert eye over the real estate investment trust sector following a plethora of heavily discounted rights issues, running into billions of pounds, which have been launched recently to shore-up weakened balance sheets.... more
Stock-market bears, who have been selling the life assurers aggressively short in recent weeks, claiming they would be the next casualties of the banking crisis, were feeling the pain today as their shares soared.... more
London landlord Great Portland Estates underlines the gap between the West End and City property markets as it brushes off the worst of the slump... more
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