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Articles - London

Amancio Ortega Pays €335 Mn For Rio Tinto Headquarters in London

Spain’s richest and world’s fourth wealthiest Amancio Ortega has purchased the headquarters of multinational mining and metal group Rio Tinto located in the heart of London, reports Property Week. The founder of Inditex is said to have paid around £265 million, or €335 million.

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London commercial property market expected to see strongest rental growth in 2015

‘Looking ahead to 2015 we expect that total returns will remain in double figures, but that rental growth will make a larger contribution. The recovery in the economy combined with low levels of development means that the balance between demand and supply is now swinging in favour of landlords and we anticipate that rental growth will accelerate,’ explained Owen.

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London overtakes Hong Kong as world’s most expensive city

Report suggests UK capital is twice as pricey as Sydney and four times more than Rio for companies to place staff

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Marble Arch House - London, First tenant signs at Marble Arch House for British Land

First tenant signs at Marble Arch House for British Land

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£3bn Gherkin owner bought

IVG has sold its €3.4bn (£2.9bn) private funds business, which controls a half stake in the Gherkin, EC3, to a major German rival.

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Crossrail boosts London property supply

The arrival of Crossrail in 2018 is spurring London’s property developers into action, boosting the supply of new residential and commercial developments, according to new research by property consultants GVA.

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U.K. Commercial Property Values Rise for 10th Straight Month

U.K. commercial real estate values rose for the 10th straight month in February as tenants paid more to rent offices and warehouses, Investment Property Databank Ltd. said.

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With London's private equity market in its sights, will Willkie sever ties with Dickson Minto?

An alliance quickly loses its purpose when one party feels its ambitions are being blocked.

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