London
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AXA presses on in Holborn
AXA Investment Managers – Real Assets has secured a deal to buy Arab Press House, a refurbishment opportunity in Holborn, WC1, for £29m
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Landlord ordered to repay £70,000 in rent
Landlord Andrew Panayi has been ordered to repay £70,000 in rent under the Proceeds of Crime Act after renting out an unlicensed and substandard basement.
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China’s C.banner could buy Hamleys for £100m
Chinese footwear company C.banner International Holdings is in advanced talk to acquire toy retailer Hamleys in a deal that could be worth £100m.
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Property panel calls for business rates reform
MIPIM UK 2015: A panel of property leaders called for a reform of business rates offering greater flexibility to drive economic growth.
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Crowd funding could help to secure proptech’s future
MIPIM UK 2015: Crowd funding and peer-to-peer investment could bolster proptech to ensure it survives future downturns, delegates heard today at MIPIM UK.
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Occupiers seek outer London office space
MIPIM UK 2015: Occupiers are looking at outer London for offices spaces, MIPIM UK heard today.
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Frogmore seeks buyer for boutique hotel
Frogmore is selling South Place Hotel, EC2, for £80m
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Property to benefit from institutional money lending
MIPIM UK 2015: The bulk of institutional money will be lent into investment property, rather than into new development in the UK.
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Agents instructed on Southbank Place
Almacantar has appointed CBRE and Cushman & Wakefield to lease Two Southbank Place, the 300,000 sq ft speculative office block being developed next to the Shell Centre, SE1
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WATCH: London needs land for flexible rental housing
MIPIM UK 2015: London needs to allocate more land for flexible rental housing, according to Jon Gooding, chief executive of Dolphin Living.
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Clark tours local authority stands at MIPIM UK
MIPIMUK 2015: Secretary of state for communities and local government Greg Clark toured several local authority stands as MIPIM UK opened this morning.
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Mishcon de Reya: into Africa
Law firm Mishcon de Reya has transformed Africa House, WC2, from a multi-let standard office into a place where staff and clients are able to work in confidence and collaborate…