Jones Lang LaSalle to Merge with King Sturge

Commercial real estate firm Jones Lang LaSalle (NYSE: JLL) today announced it will merge with property consultancy King Sturge. The transaction is expected to close on 31 May 2011. Under its terms, Jones Lang LaSalle will pay consideration of £197 million ($319 million) to the partners of King Sturge,...

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BCO awards London’s finest workplaces

Buildings across the capital have been recognised for excellence in the British Council for Offices’ annual London and South East Awards. Over 500 property professionals gathered at the Marriott Grosvenor Square on Tuesday 24 May 2011, to hear who had won Awards in this year’s London and...

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RIBA Award London winners 2011

The Royal Institute of British Architects (RIBA) has announced the winners of the 2011 RIBA Awards. RIBA Awards for architectural excellence will be presented to 97 buildings in the UK and Europe (89 in the UK and 8 in the rest of the EU). The shortlist for the RIBA Stirling Prize for the building...

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Empty homes are a scandal

“With so many people on housing waiting lists looking for a home of their own, it is a scandal that there are 300,000 long term empty homes across the country. These properties are a magnet for squatters, vandalism and anti-social behaviour, a blight on neighbourhoods, and a nightmare for neighbours,”...

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Marble Arch Tower Sold

Property investment and development company Almacantar has exchanged contracts for the purchase of Marble Arch Tower from Orchard Street Investment Management for approximately £80 million. The 82m tall tower is one of the most prominent buildings in London’s West End. The 166,000 sq ft mixed-use...

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