London news
Gove makes first use of building safety powers against Carnary Wharf landlord
Yianis Group has been hit with a £20m-plus order, with Urban Splash and Hollybrook also receiving orders.
London Square acquires former care homes site in Chelsea for £54m
The former later living asset is next to Royal Hospital Chelsea, home to the Chelsea Pensioners.
Gordon Ingram steps down as GIA chairman after 30 years
Ingram has been the driving force behind the company’s growth since its inception.
Gove approves plans for Isle of Dogs resi tower extension
Chalegrove Properties’ 225 Marsh Wall extension plans have been approved.
Newcore Capital seals £30m deal for east London Tesco site
The asset was purchased on behalf of the company’s latest value-add vehicle, Newcore Strategic Solutions.
Planning policy holding back Westminster development, report finds
The Delivering Good Growth in Westminster report claims an additional 14m sq ft of commercial space could be delivered.
Malaysian consortium secures £1.1bn loan for Battersea Power Station refinancing
CBRE IM advised on the refinancing of Battersea Power Station’s commercial elements.
London falls behind New York for office demand
CBRE-backed report warns London’s office market is “losing momentum”.
British Land signs trio of tenants for Norton Folgate scheme
The mixed-use Spitalfields development has added an office occupier and two restaurants.