020 7538 0102
1st May 2015
The Standard’s Anthea Masey examines how Woolwich has evolved over the years, having benefited from recent regeneration efforts and the buzz forming around the upcoming launch of Crossrail. The town’s new residential quarter, Royal Arsenal Riverside, a £1.2bn scheme which comprises of over 2,000 homes, with 3,000 more in the pipeline, has recently helped attract a new wave of buyers. Woolwich is especially popular with buy-to-let investors, due to its reasonable prices and strengthening travel links. Ms Masey looks at the area’s history, its schools, shops and restaurants, museums and new developments springing up about town – such as the five new blocks of penthouses built at Cannon Square, above the new Crossrail station.
Evening Standard
1st May 2015
Tower Hamlets’ strategic development committee has given GDL Millharbour’s application to build a seven-building, 901-home scheme on the Isle of Dogs the go-ahead. The development will be anchored by a 42-storey skyscraper which includes 1,100 sq m of ground floor office and retail space, as well as 1,050 sq m of leisure space. It will be built on the former site of Enterprise Business Park and will comprise part of Galliard Homes’ Millharbour Village project. Originally, GDL had put forward plans for a 50-storey main tower, but reduced the building’s height to better integrate it with its surroundings at the request of the council.
BD Online
1st May 2015
The Times’ Anne Ashworth explains how Labour’s mansion tax could trickle down and hurt the wider housing market. She says that downward valuations on homes that are currently worth more than £2m will drive down the amount people will pay for homes in the tiers below £2m, thus having a knock-on effect on properties worth substantially less than £1m, or even £500,000.
1st May 2015
The Evening Standard investigates the impact of the launching of a 24-hour weekend tube service. Among the effects it predicts that end-of-the-line locations such as Edgware and Morden, Walthamstow and West Ruislip could experience the biggest property impact as these places will no longer be cut-off after midnight. They may also cease to be cultural blackspots as cafés, bars and music venues may improve on the back of the Night Tube.
Evening Standard
24th April 2015
Newham Council has approved plans for a £3.5bn development at the Royal Docks site, in Silvertown, East London. The scheme will provide offices, leisure and retail facilities and 3,000 homes including affordable housing. It is also hoped the development will create 20,700 jobs over the next 10 years. When the first phase of the scheme is completed in 2018, the 450,000 sq ft Millennium Mills will become home to technology, media and telecoms businesses. At that stage, it will also have a Crossrail station. Sir Robin Wales, the mayor of Newham, said: “This multibillion-pound transformation is a fantastic opportunity to reinvigorate the Royal Docks area, giving it a new lease of life benefiting Newham and the capital as a whole.”
Property Week (22/04/15)
24th April 2015
Brookfield and Qatar Investment Authority have formally completed the £2.6bn takeover of Canary Wharf. Ric Clark, the chief executive of Brookfield, said: "Canary Wharf remains one of the most treasured property estates in the world. We look forward to working with Qatar Investment Authority and the Canary Wharf Group management team to advance the substantial development pipeline, and to realise the full potential of the site for our tenants, stakeholders and the people of London." Sheikh Abdullah bin Mohammed al-Thani, the chief executive of QIA, said the new owners would pursue "further expansion through the creation of a sustainable, mixed development comprising offices, homes as well as retail and leisure space".
Evening Standard (20/04/15)