Circa £60m write down on properties pushes central London landlord to £30m loss
Plans now include a padel tennis court and more nature-rich, biodiverse community spaces
Savills and DTRE appointed to fill up the space
Proposals comprise 187 student beds, 27 affordable homes and 3,500 sq ft of commercial space
The BID project will include expanded pedestrianisation, increased greening and more cultural space
Plus – Office for Place to be closed down and more in today’s round-up
Company has a pipeline valued at £1bn
Final floor is let to asset management firm
The investor marks 40 years in business in “the greatest city in the world”
African nation’s new embassy will be just off Trafalgar Square
Markets show further signs of recovery as West End vacancy rates hit lowest since 2020