
Peter Bill
@peterproperty
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Author: Broken Homes & Planet Property. Editor: Building (90-6) Estates Gazette (97-09) Columnist: Standard (08-15) Property Week (17-25) EG (09-17 & 25- )
London, England
Joined May 2011
PW (£) Ballymore and Places for London, the wholly owned commercial property company of Transport for London (TfL), have secured outline planning permission for the 3,365-home Edgware masterplan in north-west London.
propertyweek.com
Ballymore and Places for London, the wholly owned commercial property company of Transport for London (TfL), have secured outline planning permission for the 3,365-home Edgware masterplan in north-...
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FT (£) Banning “upward-only rent reviews” will not help revive the faltering high street and could erode investor confidence in the UK, the chief executive of British Land says. via @ft.
ft.com
Chief executive Simon Carter says UK government bill came as ‘complete surprise’ and could damage investor confidence
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BD (£) Great Portland Estates has been ordered to make further changes to its long-delayed office scheme next to the Shard after being told a radical redesign by Orms had not been enough to address its heritage impact on surrounding buildings.
bdonline.co.uk
Redesign which saw scheme scaled back from 37 storeys to 10 storeys still not enough to address heritage concerns, council says
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Building (£) “Goldman Sachs confirmed its private equity arm was buying 75% of Mace Consult. The move will see Consult demerge from Mace to become a standalone, independently-run company.” But not independent of Goldman Sachs.
building.co.uk
US bank's private equity arm buying 75% share of £700m turnover division
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Times (£) “Customers of the 29,000 sq m data centre in Reading run by CenterSquare can pay to use the three OQC quantum computers.” Article makes you wonder if giant data centres will be made redundant by advances in quantum computing.
thetimes.com
Investment banks among those set to benefit as Oxford Quantum Circuits and Riverlane team up to stop errors overwhelming the technology in data centres
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DT (£) “The retailer has put forward a proposal to hand the keys back on 33 stores, slash the rents on a further 71 shops and write off a series of debts to stave off a severe liquidity crisis.” Looks like some landlords may resist.
telegraph.co.uk
Retailer puts forward radical rescue plan to stave off looming liquidity crisis
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Estates Gazette (£) “The council will ensure that its JV with Lendlease for Smithfield enables new JV partner, The Crown Estate, to participate in the scheme.” Well, now the pair has been gifted £172m of taxpayers money, what could go wrong?
estatesgazette.co.uk
Enterprise Zone Partnership Board and Birmingham City Council’s cabinet have agreed the funding
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PW (£) “The Fox Court site on Gray’s Inn Road will open in August under the company’s premium ‘beyond’ brand as ‘beyond Fox Court’.
propertyweek.com
Flexible workspace provider infinitSpace is set to open its fourth and biggest London location next to Chancery Lane Underground station, spanning over 103,000 sq ft.
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Estates Gazette (£) “Planners say Criterion failed to “suitably demonstrate there is no interest in the continued use of the site for office purposes” as marketing campaign ran for less than the required 12 months.”
estatesgazette.co.uk
The hospitality group had secured a £25m loan for the hotel last year
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Bloomberg (£) A member of the ‘ multi-billionaire’ family behind Thompson Reuters has bought a ‘sprawling’ single level flat in Mayfair for £25m. If memory serves, Bloomberg, which likes to tease rival, reported a sale to family on Grosvenor Sq last year.
bloomberg.com
A member of the multibillionaire family behind Thomson Reuters Corp. agreed to buy a high-end London apartment for about £25 million ($34 million), in the latest sign of North Americans bolstering...
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DT (£) “Around a dozen areas will be earmarked for the first wave of new towns and major urban extensions in a taskforce report, set to be sent to ministers within the next few weeks.” In the next few days - if deadline for report to be met.
telegraph.co.uk
Think tank warns of ‘democratic deficit’ amid plans to put projects in hands of unelected boards
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Building (£) Good article that concentrates on the ‘how’ public projects should be delivered rather than ‘what’.
building.co.uk
It is time to create a national capital projects delivery unit to ensure we really learn lessons and avoid wasting time and money over and over again, writes Beth West
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Costar (£) “The Mayor of London has launched the formal search for a master developer for the redevelopment of Royal Albert Dock in east London.” Again. Is there anyone left on the globe willing to give this a crack?
costar.com
Montagu Evans advising on plans to reignite massive development
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DT (£) The Energy Secretary has promised to investigate how regulations are enforced and to relax the rules if needed, saying noise issues “remains a big barrier” to heat pump installation.
telegraph.co.uk
Energy Secretary promises to relax planning barriers in bid to hit 600,000 a year target
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Sky News: “Under the Aarhus Convention, campaigners who challenge projects on environmental grounds but then lose in court against housing and big infrastructure have their costs above £10,000 capped and the rest met by the taxpayer.
news.sky.com
Shadow justice secretary Robert Jenrick says if the convention can't be reformed, the UK should "absolutely should think about leaving because what we've got to do is put the interest of the British...
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WSJ (£) Fortress has launched efforts to seize Cohen’s houses in Provence and Greenwich… and is going after his 25 cars…a 220-foot super yacht, valued at $49.6m is one of five yachts Fortress is also trying to seize. Crikey how many yachts do you need?
wsj.com
Fortress Investment Group is trying to seize homes, cars, yachts and other belongings of Charles Cohen following his business’s default on a $535 million loan with a $187.2 million personal guarantee.
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