Louisa Clarence-Smith
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Urban Exposure plans £165m IPO
Randeesh Sandhu’s Urban Exposure has proposed to list on AIM on 9 May by selling 150m £1 shares, to raise £150m
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Government appoints chief property officer
The Cabinet Office has appointed former British Council director of global estates Janet Young as government chief property officer.
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Agents appointed on £825m Paddington Square
Sellar, on behalf of Great Western Developments, has started work on the £825m creation of a new office, retail and leisure destination at Paddington Square.
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Sainsbury’s says “no store closures” as result of £12bn merger
Supermarket chains says the £500m-plus of EBITDA synergies expected through the merger “are comprised largely of buying benefits, opening Argos in Asda stores and operational efficiencies.
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BCLP exchanges on deal to let 125,000 sq ft City office
Bryan Cave Leighton Paisner has exchanged contracts to lease all of the office space in Governors House, EC4, the 125,000 sq ft office building at 5 Laurence Pountney Hill.
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Carpetright creditors approve CVA
Carpetright has won approval from its creditors to go ahead with a CVA, which is expected to result in 92 store closures
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Former DTZ director jailed in bribery case
Two company directors, including a former DTZ project manager, have been jailed for bribery offences relating to the development of commercial property in London
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Poundworld ‘could close 100 stores’
Poundworld is reportedly drawing up plans to close up to 100 stores through a Company Voluntary Arrangement
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Nobu Hotel owner secures £68.5m refinancing
The owner of The Nobu Hotel in Shoreditch, EC2, has secured a £68.5m facility with pbb Deutsche Pfandbriefbank and LaSalle Investment Management
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Cricket fans to buy Lord’s land using blockchain
Johnny Sandelson has launched a new company that, using blockchain technology, will allow members of the public to buy a stake in iconic London assets including Lord’s cricket ground for…
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Intu ‘entirely confident’ of future without Hammerson
Intu’s board has said it is “entirely confident” of the “stand-alone commercial future” of the shopping centre owner as it formally announced the termination of discussions of a takeover by…
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London law firms embrace AI and adopt agile working
Nearly half (48%) of London law firms are already using artificial intelligence and a further 41% have imminent plans to do so, according to a CBRE survey of more than…