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Hilstone Corporation

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Potential in WC2

Redevelopment may follow purchase

Shell tower hiccup

Office pick-up in 2011

New owner for K2?

Freshfields take part of Northcliffe House

Lettings maintain momentum

Central London office lettings maintained their momentum in March 2010, with nearly 1.1m sq ft transacted. March was the fifth successive month when office take-up has topped 1m sq ft. The City accounted for nearly 500,000 sq ft, whilst a spate of large lettings around the NW1 postcode, in particular at British Land's Regent Place scheme, helped boost the west end. - (28-04-2010)

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Revamp for Odeon site

Irish developer Steamboat Developments has applied for planning permission to redevelop the Odeon Cinema in Leicester Square. The company intends to turn the site into a new leisure complex, whilst still retaining the giant cinema. Part of the scheme will include the addition of a four-star hotel and 1,860 sq m (20,000 sq ft) of offices. Work may begin during spring 2007. - (24-08-2006)

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Bidding race at St Katherine's Dock

TrizecHahn, the Toronto-based property investment company, and Rugby Estates, backed by UBS, the Swiss Bank, and Hilstone, the developer, are said to be shortlisted to compete to buy Taylor Woodrow's St Katherine's Dock development in London E1. The bidding for the 1970's development is said to be close to the asking price of £250m. The development comprises mainly residential units but includes a site with planning permission for a 16,722 sq m (180,000 sq ft) office scheme known as K2. Other losing bidders are said to include Marylebone Warwick Balfour, the property company, with JE Robert and Greycoat; Catalyst Capital with Blackstone, and Lehman Brothers, the US funds; and CIT. - (15-10-2001)

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