I wandered awestruck through Westfield Stratford City's 1.9 million square-foot mega-mall on Tuesday morning. After lunch in the shell of Aspers Casino, it was out to a terrace overlooking the Olympic Park.... more
I've always had a sneaking admiration for big-time property developers. I suppose it must stem from playing Monopoly as a child. I never knew which way to go - should I buy every square on which I land or play a waiting role, saving my cash and picking them off? ... more
Land Securities is "firing on all cylinders" and poised to benefit from an even bigger squeeze on London office space than first thought over the next two years, the property giant has said... 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
City shoppers are flocking to Land Securities’ One New Change mall at the rate of 10,000 a day during the week, says chief executive Francis Salway... more
Land Securities’ £540 million bet to build One New Change shopping mall in the City in the depths of the financial crisis looks like it is paying off... more
City Interview: Francis Salway is unlike any other property developer, investing £655 million in three London projects. But is now really the right time to be spending?... more
The London Development Agency owes £60 million more than previously estimated to dispossessed owners of land compulsorily purchased to build the Olympics... more
Mike Hussey, the man credited with many of the biggest property developments in the capital over the past decade, is quitting as Land Securities' managing director for London... more
It cannot be the most pleasant experience on a sunny Bank Holiday to open a Sunday newspaper and discover its lead story is the possibility of your being sacked. It is true that politicians put up with such indignity all the time but not businessmen ... more
There was no shortage of water in London’s streets today but that was not the reason Bank of America Merrill Lynch cut its rating on two of the four biggest suppliers of the wet stuff, Pennon and Northumbrian, from neutral to underperform before next month’s dividend reporting season... more
Never ask a barber if you need a haircut.” This old cowboy proverb was scrawled on a note passed by one developer to his neighbour after the former was advised to start buying property by Knight Frank at a presentation on Tuesday ... more
Property: Land Securities became the third property giant this month to ask its shareholders for millions of pounds to shore up its business in the wake of plunging property values... more
Property: Property firm Land Securities warned that the number of its retail tenants in administration jumped to 4.8% of annual rental income in the last quarter of 2008... more
East London millionaire Jack Petchey won’t want to recall a property deal done with the King of Belgravia in the spring of 2007. But this tale of our times is worth repeating... more
Property: Property giant Land Securities reported thumping losses as it put its demerger on ice and appointed former Schroders banker Alison Carnwath as chairman... more
The property market suffered yet more pain as housebuilder Barratt Developments and London office developer Land Securities warned there is no end in sight to the turmoil... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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