Chinachem acquires TikTok London office from Helical in £158.5m deal Sep 6, 2022 Helical is pleased to announce that it has exchanged contracts on the sale of the single asset company, Farringdon East (Jersey) Limited, which owns the long leasehold interest in Kaleidoscope, Lindsey Street, EC1 to Chinachem Group at a disposal price of £158.5m reflecting a capital value of £1,789 psf and a marginal premium to book […] Posted by: Mya Driver Read more
Cinch Self Storage Expands with New Facility in Swindon Sep 21, 2023 Cinch Self Storage is set to launch a substantial new self-storage facility in Swindon. The company recently acquired a brownfield site at Cheney Manor Industrial Estate, located to the north-west of Swindon town centre. This addition will expand Cinch’s existing portfolio of 20 facilities, primarily located in the South East. The new facility, scheduled to […] Posted by: Mya Driver Read more
CIT plans for London Bridge site approved Sep 15, 2022 Plans for a major development of a landmark site at the southern end of London Bridge have been approved by Southwark councillors. Developers CIT won the backing of Southwark’s planning committee for the redevelopment of Colechurch House – which sits to the north of Duke Street Hill and south of Tooley Street. Planning officer Terence McLennan told the […] Posted by: Mya Driver Read more
City Corporation resolves to grant permission for London Wall West development proposals Apr 17, 2024 The City of London Corporation Planning Applications-Sub Committee has, today, resolved to grant permission for the redevelopment of the 140 and 150 London Wall sites, known as Bastion House and the former Museum of London. With employment in the City projected to rise significantly in the coming years, the scheme will deliver around 56,000 sqm […] Posted by: Mya Driver Read more
City Hall seeks development partner for new mixed-use residential development in Enfield Jan 12, 2023 A development partner is being sought for a new mixed-use residential led development at a 1.77-hectare site located on the North Middlesex University Hospital site in Upper Edmonton in the London Borough of Enfield. The successful developer will enter a development agreement with Greater London Authority Land and Property (GLAP) to design and deliver new […] Posted by: Mya Driver Read more
City of London approval secured for 174-unit Co-Living scheme Sep 11, 2024 The City of London Corporation’s Planning Applications Sub-Committee has, today, approved a new ‘Co-Living’ development at 45 Beech Street. Also known as Murray House, the proposals will see the building partially demolished and then extended to deliver 174 private rental co-living units, with a range of internal and external amenity spaces, including communal cooking, dining […] Posted by: Deividas Krupstas Read more
City of London Corporation approves 55 Bishopsgate scheme, the Square Mile’s third tallest tower Jul 21, 2023 The City of London Corporation Planning Applications Sub-Committee has approved planning permission for the 55 Bishopsgate scheme. The scheme comprises a 63 storey and 22 storey mixed-use buildings, that will feature a free to visit public roof top, with a biodiverse climate resilient garden for relaxation, events and educational opportunities. The scheme will also feature […] Posted by: Mya Driver Read more
City of London Corporation approves Hill House office scheme with upgrades for Shoe Lane Library Apr 10, 2024 The City of London Corporation Planning Applications Sub-Committee has, today, approved a striking new office scheme at 1 Little New Street which will feature a wide range of public benefits, including upgrades for Shoe Lane Library and a new restaurant on the top floor. Delivering over 57,000 sqm of best in class, Grade A office […] Posted by: Mya Driver Read more
City of London Corporation approves new offices on Holborn Viaduct Dec 14, 2021 The City of London Corporation has resolved to approve an architecturally designed office-led development which sits across two levels, on Holborn Viaduct and Farringdon Street. The Planning and Transportation Committee backed the plans for the scheme which will stand 10 floors tall on Holborn Viaduct and 12 floors on Farringdon Street. The site is located […] Posted by: Mya Driver Read more
City of London Corporation Approves Plans for 1 Undershaft, Set to Become the Tallest Building in the City Dec 13, 2024 The City of London Corporation has officially approved plans for 1 Undershaft, a 74-storey skyscraper that will rise 309.6 meters (1,015.8 feet), matching The Shard as the tallest building in the UK. The landmark project will add approximately 1.7 million square feet of prime office space to London’s financial district. 1 Undershaft will stand 309.6 […] Posted by: Mya Driver Read more
City of London Corporation continues sustainable and heritage focused development drive with new planning approvals Oct 19, 2023 The City of London Corporation has granted planning permission for a venture between Hobart Partners and PineBridge Benson Elliot, to develop ‘The Mark’, a new build sustainable, modern office in the City of London. Comprising 215,000 sq ft of much needed new office space, alongside 14,000 sq ft of cultural, food & beverage and retail […] Posted by: Mya Driver Read more
City of London Corporation sees almost 70% increase in office development in 2021 Dec 21, 2021 The City of London Corporation has revealed figures showing a year-on-year increase in office floorspace approved within new Square Mile developments. In 2021, its Planning and Transportation Committee resolved to approve a total of 4,360,944 sq.ft* of new office floorspace. This compares with 2,582,348 sq.ft in 2020 – an increase of almost 70% year on year. […] Posted by: Mya Driver Read more