British Land Plans To Build New HQ For UBS

Commercial property landlord British Land is to develop a £300m headquarters for Swiss bank UBS in the City of London, in partnership with private equity house Blackstone. Bluebutton Properties, the property company’s joint venture with private-equity house Blackstone, has entered into exclusive, though not yet binding, heads of terms to construct a new building for […]

JP Morgan Planning To Move Back To The West End

Two years after the company surrendered its lease at Grosvenor’s Almack House, JP Morgan is making a return to the West End. It is understood that the group is searching for as much as 35,000 sq ft for one of its private banking operations, through agent Knight Frank. So far, the company  have looked at the Crown […]

British Land To Run £300 million Residential Property Fund

The U.K.’s second-largest real estate investment trust, British Land Co. PLC, will manage a £300 million fund of prime London residential properties, increasing its exposure to the sector, according to the Wall Street Journal. The fund is being launched by a business spun out of law firm Charles Russell. The company already manages assets for […]